Dynamic Fabrication and Finishing Plans To Upgrade Eau Claire, Wisconsin, Production Facility
10/30/2014
The firm, which provides a wide array of services to manufacturers and OEM’s, is undertaking the project to accommodate growth in sales and to support its new fitness equipment product line. The company, which has about 50 employees, now designs, manufactures and sells strength products and storage systems specifically designed for the strength, fitness, and wellness industries.
“We are pleased to announce Dynamic is growing and adding new career opportunities,” said company President Jason Tambornino. “Equally exciting is the support provided from Wisconsin Economic Development Corporation, which provides the catalyst to help aid in our growth by providing such programs. We look forward to working with WEDC, the city of Eau Claire, and our current and future associates during these exciting times.”
To help secure the new jobs, the WEDC authorized Dynamic Fabrication to receive up to $1.1 million in tax credits over the next three years. The actual amount of credits received will depend on the number of jobs created and the amount spent by the company on job training.
“I applaud Dynamic Fabrication for making this level of investment in its operations as well as providing training to its workers,” said Governor Scott Walker. “A little more than three years after it was founded, Dynamic Fabrication is continuing to grow in Wisconsin, thanks in part to the assistance it is receiving from the state. This is just one example of how we’re helping early-stage companies throughout Wisconsin get to the next level.”
“This project is good news for Eau Claire and the entire region as it will help strengthen this growing company,” said Reed Hall, Secretary/CEO of WEDC, the state’s lead economic development organization. “Since 2012, WEDC has provided Eau Claire County companies with $3.8 million in awards that are expected to create or retain more than 800 jobs—and we are glad to be able to add Dynamic Fabrication to that list.”
“The City is appreciative of WEDC’s financial incentive, and its recognition of the importance of growing businesses in our part of the state,” said Eau Claire Common Council President Kerry Kincaid. “The entire region benefits from this business expansion and job creation. We look forward to working together with WEDC on many future economic development projects.”
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
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
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024