Trans-Coil International (TCI) will close its facilities in Milwaukee and Menomonee Falls and consolidate its operations in a new headquarters and manufacturing facility in the Germantown Industrial Park.
Continued growth has required TCI to expand its manufacturing and research and development capacity, which its current site in Milwaukee is unable to support.
The new 66,000-square-foot headquarters, which will be developed and leased through Irgens, is planned to accommodate future growth over the next five years.
TCI is a manufacturer of electrical equipment, power quality applied products, and provider of system solutions primarily serving the low voltage variable frequency drive (VFD) market.
“We conducted an extensive search for a location that would best suit our long-term needs,” said Steven Copp, president and chief executive officer at TCI. “Economic Development Washington County has been very responsive to our requests and helped us to frame our options. Ultimately, the Germantown site proved to best meet our needs given key factors including proximity to our existing work force and future expansion opportunities.”
“We are thankful to have tools such as the County’s Impact Revolving Loan Fund and the Village’s targeted use of tax incremental financing to be able to support important projects such as TCI,” said Christian Tscheschlok, executive director of Economic Development Washington County. “Our county board and our communities have consistently followed through on their commitment to support high-growth companies by helping to lower the cost of financing their projects. Washington County’s capacity to work important deals to successful closure is attracting companies of this caliber. We are proud that TCI will continue its growth trajectory here in southeast Wisconsin via their new, high-tech location in Washington County.”
The increase in manufacturing capability and productivity gains made possible by TCI’s Quick Response Manufacturing program will continue to allow the company to support both domestic and international customers while maintaining its commitment to domestic manufacturing. The planned expansion is projected to create 55 to 60 new jobs over a three year period.
“We are pleased that TCI has decided to expand its headquarters and production operations in southeastern Wisconsin,” said Jim Paetsch, vice president of the Milwaukee 7 regional economic development group. “TCI is precisely the type of company we want in our region. Electrical component manufacturing has been a core regional strength for decades. We see a growing global market for energy management products like those manufactured by TCI.”
John Mann of Mannedge, LLC is the owner’s rep for the project. MSI is the contractor for the project. The Dickman Company represented TCI in locating the project site.
