InSinkErator announces $65 million Wisconsin expansion plan
InSinkErator has announced a $65 million expansion project that will include a manufacturing plant in Kenosha, Wis. and a renovation of its existing facility in Racine, according to a report from TheJournalTimes.com.
In a ceremonial announcement attended by Gov. Scott Walker, the state and InSinkErator announced the company will open a new Kenosha manufacturing operation at 4700 21st St.
InSinkErator President Tim Ferry said the company has committed to adding at least 165 jobs in the next four years in return for $15.5 million in state tax credits authorized by Wisconsin Economic Development Corp. This is through the Enterprise Zone program, which is designed to assist businesses that have major expansion projects or are relocating major business operations from other states.
The expansion project is expected to retain 1,000 employees and add approximately 165 more jobs. The first production line in Kenosha is expected to be operational by mid-2015.