France- based Jacquet Midwest, a service-oriented stainless steel and nickel alloy processing company, purchased ten acres of the Southside Industrial Park for its new headquarters in Racine, Wisconsin.

Jacquet, currently located in a 40,000-square-foot leased facility on 1908 DeKoven Avenue, plans for the new Jacquet site to include the construction of two industrial buildings totaling an estimated 109,000 square feet, resulting in a nearly $12 million investment. Jacquet Midwest currently employs 19 and estimates it will add 12 new jobs upon completion of the project.

With four of its facilities located in the U.S., Jacquet’s Midwest operations have called Racine home since 2007.

“Since opening in September 2007, our location in Racine has allowed us to provide the service oriented stainless and nickel alloy processing with fast turnaround our customers expect,” said Dan Chatterton, CEO & Manager, Jacquet Midwest. “Our new investment will add to Jacquet Midwest’s processing and warehouse capacity to better serve our client base.”

“Racine has always been a great place to do business, especially for manufacturers,” said City of Racine Mayor, Cory Mason. “In 2007, Jacquet chose Racine and more than a decade later, they’re affirming that choice by once again investing in this community.”

Headquartered in Lyon, France, Jacquet Metal Service is a leader in the made-to-measure transformation and distribution of specialty steels such as stainless-steel Quarto plates and nickel alloys, long stainless-steel products, wear-resistant and high-yield steel plates and tool steels.