Pacon Corporation Invests $8 Million To Expand Its Production Center In Appleton, Wisconsin
12/23/2014
Its expansion project is a result of the company’s acquisition of the assets of the New Jersey-based Roselle Paper Co, which have been relocated to Wisconsin. The company also is spending $700,000 on workforce training.
“Pacon’s mission is to inspire lifelong learning, imagination and artistry for our customers through innovative and inspirational products,” said Jim Schmitz, President/CEO. “The new jobs and equipment position us to better compete in our marketplace while stimulating the Fox Cities’ economy.”
As an incentive, to help secure the new jobs, the Wisconsin Economic Development Corporation authorized Pacon to receive up to $484,000 in tax credits over the next three years. The actual amount of tax credits received is contingent upon the number of jobs created and the amount of capital investment.
“Since it was founded more than six decades ago, Pacon has had a strong history of sustained growth, and I’m thrilled with its continued commitment to Wisconsin,” Governor Scott Walker said. “Last month, we saw Wisconsin add more private-sector jobs than in any month since the 1990s, according to preliminary numbers, and the expansion of Pacon Corporation is more good news for our state.”
“Pacon is a global leader in school supplies and educational aids, and WEDC is pleased to provide the assistance that is helping bring these jobs to the region,” said Reed Hall, Secretary/CEO of WEDC, the state’s lead economic development organization. “Since 2012, WEDC has provided more than $20 million in assistance to Fox Valley companies for projects expected to create or retain more than 4,800 jobs.”
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024