Wikoff Color Plans Lisbon, Wisconsin, Production Facility
12/23/2021
The project consolidates three Wikoff facilities located in Canada, Wauwatosa, and Green Bay, into one location in Lisbon.
“We know that Wisconsin is a really big hub for the packaging industry, a lot of our customers are concentrated there,” noted Martin Iles, CFO of Wikoff Color.
The Wisconsin Economic Development Corporation (WEDC) is supporting the project by authorizing up to $200,000 in state income tax credits over the next three years. The actual amount of tax credits Wikoff Color will receive is contingent upon the number of jobs created and the amount of capital investment during that period.
“The investment by Wikoff Color solidifies the company’s continued commitment to Wisconsin and is a testament to the strength of our manufacturing industry,” said Missy Hughes, secretary and CEO of WEDC. “This investment is the latest example of the many forward-looking companies choosing to expand operations in Wisconsin because of our state’s lead in flexible packaging and our strength in the food-and-beverage sector.”
The company plans to make a $5.4 million investment in the facility and spend an additional $2 million before seeking WEDC assistance.
Project Announcements
South Korea-Based Seoyon E-HWA Plans Chatham County, Georgia, Manufacturing Plant
02/02/2023
Bottling Company International Plans Morrison, Tennessee, Operations Complex
02/01/2023
Engineered BioPharmaceuticals Expands Danville, Virginia, Operations
02/01/2023
Ancra Cargo Establishes Hebron, Kentucky, Headquarters
01/31/2023
Pace Industries Expands Jackson, Tennessee, Operations
01/31/2023
Green Georgia Plans Thomaston, Georgia, Headquarters-Manufacturing Campus
01/31/2023
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
Three Big Challenges Facing the Food & Beverage Industry
Q4 2022
-
Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?
2022 Auto/Aero Site Guide
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
Fixing the Supply Chain with AI and Robotics
Q4 2022
-
Innovation Corridors Update
Q4 2022