Ingeteam, a Spanish company that specializes in highly engineered electrical and electronic equipment and services, will construct a $15 million facility in Milwaukee to manufacture equipment for renewable energy projects.
Ingeteam will begin construction of the 100,000-square-foot combined production facility and office complex in April, with completion set for December. The company expects to begin manufacturing operations in January 2011 and will employ about 275 workers by 2015.
This will be Ingeteam's, Headquartered in Bilbao, Spain, first manufacturing facility in the United States.
The plant will focus primarily on the renewable energy industry, producing Indar wind power generators and Ingeteam converters and solar power inverters for the North American market.
"After carefully analyzing our company's needs, we selected Milwaukee for our new production facility because the city is conveniently located for distribution of our products and has a solid industrial base from which Ingeteam can source materials," said Ander Gandiaga, Ingeteam's corporate director for international development.
"Milwaukee also has a labor pool experienced in electrical manufacturing. In addition, the area boasts prestigious universities with some of the highest-ranked engineering departments in the country that offer specific courses in renewable energy, which will be very useful when it comes to finding specialized staff," said Aitor Sotes, chief executive officer of Ingeteam Inc., Ingeteam's subsidiary in the United States.
He also pointed out that City of Milwaukee and State of Wisconsin officials "made an impressive effort to sell Ingeteam on the virtues of locating in this community."
"The Ingeteam project perfectly fits the model of the clean energy economy and job creation goals that the city and state are pursuing," he said.