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
Piramal Pharma Solutions Expands Lexington, Kentucky, Operations
10/04/2024
G&H Decoys Plans Corning, Arkansas, Headquarters-Manufacturing Operations
10/04/2024
Britain-Based Ultimate Defense Technologies Establishes Billings, Montana, Operations
10/04/2024
Google Plans Dorchester County, South Carolina, Data Center Operations
10/04/2024
Sirius Analysis Plans Virginia Beach, Virginia, Headquarters
10/04/2024
South Korea-Based ILJIN Plans Auburn, Alabama, Manufacturing Operations
10/04/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Q3 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024