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Leading Locations for 2014: The MSAs with Strongest Prime Work Force Growth

Dale D. Buss, Staff Editor,  (Q2 2014)
A yawning gap has developed between millions of potentially available workers and the increasingly sophisticated skills they would require to qualify for today’s generally tech-oriented jobs. More

The Regional Impact of Quality of Life on Entrepreneurial Decisions

Dan White, Moody's Analytics (Q2 2014)
One of the most often cited reasons for the location of a new business is quality of life, yet it is one of the areas policymakers most often overlook. More

Leading Locations for 2014 Commentary: Much Depends on Company’s Industry & Life Cycle

Eric Stavriotis, Senior Vice President, CBRE, Inc. (Q2 2014)
A quick review of the 2014 Leading Locations research confirms what we have been seeing from our clients and the markets overall: Companies with a preponderance of technology workers are thirsty for more talent, and the needs of these companies can vary significantly based on their industry and life cycle. More

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
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News Items
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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%