Jagemann Stamping Company Completes Expansion In Manitowoc, Wisconsin
11/13/2013
Jagemann currently has locations in Manitowoc and Murfreesboro, Tennessee. “We are excited with the progress of this project, which will allow us the necessary space and equipment to achieve our growth goals and better meet customers’ needs,” said Tom Jagemann, the firm’s Chief Executive Officer.
The firm achieved its planned growth with assistance of the City of Manitowoc, Wisconsin Economic Development Corporation, and Jagemann’s financing partners. The company is also eligible for $620,000 in tax credits through the Wisconsin Economic Development Corporation. The tax credits will be distributed annually based on the number of new, full-time positions created over a three-year period.
“We are pleased to partner with Jagemann for its expansion to accommodate additional capacity and facilitate increased international penetration,” said Reed Hall CEO and Secretary of WEDC.
“This $18.9 million expansion is a huge boost for the Manitowoc area,” Gov. Scott Walker said. “The company is well on its way with recruiting efforts, as well as the hiring and training of new employees.”
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023