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
Bartlett Group Plans Strathcona County, Alberta, Headquarters-Manufacturing Operations
10/11/2024
Mart Frozen Foods Establishes Rupert, Idah, Production Operations
10/11/2024
Verst Group Logistics Expands Boone County, Kentucky, Operations
10/11/2024
Afton Scientific Expands Albemarle County, Virginia, Manufacturing Operations
10/10/2024
Eli Lilly and Company Expands Lebanon, Indiana, Operations
10/09/2024
Johnson & Johnson Plans Wilson, North Carolina, Pharmaceutical Manufacturing Operations
10/08/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024