Since the Wisconsin Economic Development Corp. was created in 2011, the agency has awarded tax credits to more than 100 expansion and relocation projects in Milwaukee, Racine and Kenosha counties. Combined, those credits are worth around $200 million, excluding the nearly $3 billion in state tax credits available to Foxconn Technology Group. The actual number of credits a company gets depends on job creation, capital investment, workforce development and spending with Wisconsin suppliers. Here are the top awards in the I-94 North-South corridor in 2018:
|
Rank |
Company - Advertisement -
|
Location |
Tax credits awarded |
Planned - Advertisement -
|
Planned |
|
1 |
Komatsu Mining Corp. - Advertisement -
|
Milwaukee |
$59.5 million |
$285 million |
443 |
|
2 |
ATI Forged Products |
Cudahy |
$7 million |
$88.3 million |
125 |
|
3 |
Lavelle Industries Inc. |
Burlington/ |
$520,000 |
$14.5 million |
70 |
|
4 |
Stella & Chewy’s LLC |
Oak Creek |
$500,000 |
$11.1 million |
82 |
|
5 |
Angelic Bakehouse Inc. |
Cudahy |
$150,000 |
$11.8 million |
50 |
