Wells Vehicle Electronics, a manufacturer of vehicle electronics solutions, will construct new corporate headquarters and expand its existing manufacturing plant in Fond du Lac, Wisconsin, creating up to 73 jobs.
Due to space limitations at its current Brooke Street site, the company told state economic development officials it plans to build new headquarters adjacent to its electronics manufacturing complex on Rolling Meadows Drive. The updated facility will feature administrative offices, engineering labs, test labs, a state-of-the-art automotive tech garage and a tool room to support new product development. Wells will also expand manufacturing space at its electronics facility by 40 percent.
As an incentive, the Wisconsin Economic Development Corporation said the company is eligible for $1.25 million in tax credits. After vacating the Brooke Street complex, Wells will turn the land and building over to the City of Fond du Lac, Wisconsin Economic Development officials said.
"After bringing back product assembly from China in 2009, Wells Vehicle Electronics is making a significant investment to strengthen its long-term presence in Fond du Lac, and expanding its job base by more than thirty percent," said Governor Scott Walker.
"The partnership between WEDC, the city and county will help Wells expand and improve the Rolling Meadows Drive location for future economic development," said Paul Jadin, CEO and Secretary of WEDC. "It further demonstrates how our business development network across the state will work together to support business and job growth."