Charter Next Generation Expands Milton, Wisconsin, Operations
04/28/2023
The company will establish a second facility at the Crossroads Business Park, near its current location at 1264 E. High Street.
“Charter Next Generation is constantly seeking innovative opportunities that align with our unwavering sustainability-first mindset and our mission to deliver best-in-class material science solutions.” said Kathy Bolhous, CEO of Charter Next Generation. “The partnership with WEDC allows us to expand our product offering in Milton. It also ignites an exciting opportunity to boost our employee base and benefit the Rock County infrastructure, and eventually all of Wisconsin.”
Under a proposal approved by the Board of Directors of the Wisconsin Economic Development Corporation (WEDC) board and submitted to the Legislature’s Joint Committee on Finance for review, Charter Next Generation is eligible for up to $5.6 million in performance-based Enterprise Zone tax credits over the next eight years if it creates at least 341 new jobs and invests at least $270 million.
In addition, the city of Milton is supporting the project with a Tax Incremental Finance Development Agreement that would provide up to $1.6 million over a ten-year period. Additionally, the City will be undertaking several infrastructure projects to further advance the construction of the new facility.
“Wisconsin Economic Development Corporation is pleased to partner with Charter Next Generation as it establishes a second site for its operations in Milton,” noted Missy Hughes, secretary and CEO of WEDC. “CNG’s commitment to creating opportunities and building strong communities in Milton and throughout Wisconsin is a win for our entire state.”
Charter Next Generation is one of North America's leading producers of high-performance, specialty films used in flexible packaging. The company current;y has fourteen facilities across the U.S.
Project Announcements
Amgen Expands New Albany, Ohio, Manufacturing Operations
04/28/2025
United Kingdom-Based Balmoral Tanks Plans Mentor, Ohio, Operations
04/28/2025
E & E Hardwoods Expands Bell County, Kentucky, Saw Mill Operations
04/27/2025
Aegis Sortation Expands Louisville, Kentucky, Operations
04/26/2025
Process Machinery Expands Shelby County, Kentucky, Production Operations
04/26/2025
HL Mechatronics Expands Williams Township, Michigan, Operations
04/26/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Forging Solid Foundations
Q1 2025