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Inward Investment Guides

Market Report: Food Processing Companies Grow at a Steady Pace

Clare Goldsberry , Area Development Contributor,  (Q2 2014)
While some processors are closing plants to eliminate redundancies, others are expanding to be in closer proximity to customers. More

Helping Foreign Investors in the U.S. Satisfy Their Work Force Needs

Dave Claborn , Director of Development and Community Relations, Ohio State University, Marion (Location USA 2014)
From German-style apprenticeship programs to mobile technology labs, U.S. communities are providing their work forces with the skills needed for global success. More

Wisconsin Direct Financial Incentives 2014

Area Development Online Research Desk (Q1 2014)
Wisconsin's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. More

Wisconsin’s Bioscience Industry Achieves Global Recognition

Mark Crawford (Q1 2014)
Wisconsin’s bioscience industry continues to expand, often led by spinoff companies that are established to commercialize groundbreaking university research. More

Leading Locations for 2013: The Midwest MSAs

Area Development Magazine Special Presentation (August 2013)
According to the Federal Reserve Bank of Chicago, the Seventh District — which includes all of Iowa and most of Illinois, Indiana, Michigan, and Wisconsin — is 50 percent more concentrated in overall manufacturing than the nation. Food processing is a major industry as is automotive manufacturing (the region also produces 30 percent of the nation’s light vehicles) and specializes in construction and farm machinery, medical equipment, and steel products. More

Regional Review: Globalization Is Vital Part of Midwest States’ Economies

Mali R. Schantz-Feld (Location USA / April 2013)
States in the Midwest are taking an active part to build their own destiny. While manufacturing has always been a part of the region’s history,diversification has spurred growth in the tourism, business services, and finance sectors as well. More

The States Leading the U.S. Manufacturing Resurgence

Mark Crawford (Q1 / Winter 2013)
Exhibiting know-how and innovation, U.S. manufacturers are adding to their payrolls and economic growth across the nation. We have identified 19 states where manufacturing is leading the way... More

Department of Labor Grants To Help Fill the Skilled Labor Gap

Dave Claborn , Director of Development and Community Relations, Ohio State University, Marion (November 2012)
The U.S. Department of Labor is betting $2 billion that an injection of funds into community colleges around the country will pay off by helping fill the skills gap in the manufacturing, information technology and healthcare sectors. More
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Studies/Research

WISCONSIN at a glance

POPULATION: 5,711,000

LABOR FORCE: 3,072,000

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES:Manufacturing, agriculture, forestry, tourism

EXPANDING INDUSTRIES: Trade, finance, biotechnology, high-technology manufacturing, healthcare

COLLEGE GRADUATES: (Age 25 and over) 25.8%

BASIC BUSINESS TAXES:
Single-factor tax treatment
Corporate Income Tax: 7.9 percent of net income

Sales and Use Tax: 5 percent of gross receipts from sales, leasing, or renting tangible personal property and certain services, with exemptions

Property Tax: Rates vary by taxing jurisdiction (towns, villages, cities, counties, school districts, and special districts); nonmanufacturing assessments are done at the local level at some percentage of market value; taxes are levied within taxing jurisdictions using the local assessment; property tax exemptions are offered for manufacturing machinery, equipment, inventories, machinery used exclusively for R&D, computers, and computer equipment; a sales tax exemption for equipment and energy used in the manufacturing process

BUSINESS INCENTIVES:
Brownfields Initiative

Community Development Block Grant programs

Economic Development Tax Credit Programs

Industrial revenue bonds

Downtown development

Direct loans

Training grants

Technology Development Loan

Angel and Early-Stage Seed Investment Tax Credit program

Global Business Development grants

Principal Manufacturing industries

  • Fabricated Metal Products
    15.6%
  • Machinery (Except Electrical)
    14.2%
  • Food Products
    13.7%
  • Paper and Allied Products
    7.0%
  • Printing, Publishing, & Allied Industries
    6.6%
  • Plastics & Rubber
    6.4%
  • Transportation Equipment
    5.7%
  • Electrical Machinery
    4.9%
  • Computer & Electrical Products
    4.6%
  • Other Manufacturing Industries
    21.3%