Colbert Packaging Corporation To Relocate Operations-Warehouse Facility To Kenosha, Wisconsin
10/19/2016
The business park, where the company expects to create more than 100 new jobs, is located less than one mile from I-94. Colbert currently operates its flexographic division and warehouse from facilities in Illinois less than half that size.
“We started the flexo division in 1998 and have since been through two expansions, and we’re excited about making this significant investment for expansion that will be the footprint for our projected growth into 2020 and beyond,” said Jim Hamilton, President of Colbert Packaging. “Wisconsin is known for its printing and paper-making industries, as well as the technical expertise of those who work in these fields, which makes the state an ideal location for Colbert.”
Hamilton said Kenosha County was a natural choice for Colbert due to its proximity to the company’s headquarters and major transportation hubs, as well as that state’s favorable business climate. Many of Colbert’s employees live along the Illinois-Wisconsin border and I-94 corridor, and some already call Kenosha County home.
To help attract Colbert to Wisconsin, WEDC authorized the company to receive up to $850,000 in state tax credits over the next three years. The actual amount of tax credits received, however, will be contingent upon the number of jobs created and the amount of capital investment the company makes during that time.
In addition, Kenosha County provided $250,000 from its High Impact Fund to support the project. The High Impact Fund is designed to incentivize companies creating jobs in Kenosha County.
“On behalf of the state of Wisconsin, I’m pleased to welcome Colbert Packaging to our state, and we applaud them for making this commitment,” Governor Scott Walker said. “Businesses around the nation recognize that the reforms we’ve enacted to create a positive business climate and strengthen our workforce are working. That’s what makes Wisconsin a great choice for many companies seeking to relocate or expand their operations.”
“Kenosha has a strong legacy in manufacturing that will help Colbert Packaging be successful here,” added Kenosha Mayor John Antaramian. “We have a skilled and productive workforce, solid infrastructure, and many other assets – as well as a community that values manufacturing and what it means to our economy. Kenosha welcomes Colbert Packaging to its growing roster of diverse businesses.”
“The work Wisconsin has done over the past six years to make our state more attractive to manufacturing investment is clearly paying dividends,” said Gale Klappa, Co-chair of the Milwaukee 7 and Chairman of WEC Energy Group. “The decision on where to place a new factory is among the most important a manufacturer will make. Industry leaders like Colbert Packaging clearly have options. Colbert’s decision to make a significant investment in Kenosha is further evidence that Wisconsin is among the most desirable locations in America for manufacturing investment.”
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