A.Y. McDonald Plans Grant County, Wisconsin, Operations
01/30/2024
The company will construct a new brass foundry in Dickeyville, scheduled for production in 2026, and expand operations at its existing manufacturing facility in Kieler.
“This new foundry project not only demonstrates a commitment to our industry but more importantly, a commitment to our people,” said Rob McDonald, CEO of A.Y. McDonald Mfg. Co. “We made the commitment early on to build our next foundry where our current foundry co-workers live, and that is right here in the tri-state area. Our new foundry will be built on a 100-acre parcel in a new industrial park being co-developed by A.Y. McDonald and Jeff Kaiser. This large parcel will serve the growth needs of the company for generations to come.”
The Wisconsin Economic Development Corporation (WEDC) approved awarding up to $5.85 million in performance-based tax credits. Under the plan approved by the WEDC board and submitted to the Legislature’s Joint Committee on Finance for review, the company is eligible for performance-based Enterprise Zone tax credits if it creates a specific number of new jobs and meets the investment criteria.
In addition, the Village of Dickeyville last year created a tax incremental financing district to assist with public improvements for the project.
“A.Y. McDonald’s decision to expand in Wisconsin is a win for the communities of Kieler and Dickeyville, for the workers and families in those communities, and for state-of-the-art manufacturing in Wisconsin,” noted Missy Hughes, secretary and CEO of WEDC. “Our state’s manufacturers are among the best in the world, and WEDC is pleased to partner with a company that is forward-looking and ready to grow.”
A.Y. McDonald Mfg. Co. is a manufacturer of water works valves and fittings, natural gas valves, and residential and commercial water pumping systems.
“The overall economic impact of this project goes well beyond just the foundry,” added Ron Brisbois, Grant County economic development director. “This project has forged a pathway for future economic growth for the entire county.”
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