Wagner SprayTech Expands Plymouth, Minnesota, Manufacturing Complex
The project, which is expected to cost $8.44 million, is for a renovation and construction addition to the company’s corporate headquarters at 1770 Fernbrook Lane N., Plymouth. Construction is slated to begin in spring 2017 and be completed in fall 2018. The company expects to create 66 new full-time jobs within the first three years of the project.
As an incentive, the Minnesota Department of Employment and Economic Development is supporting the project with a grant of up to $684,500 from the Job Creation Fund. The company will receive the funding after meeting its investment and hiring commitments.
“This is another good example of how the Job Creation Fund helps Minnesota companies grow and add valuable new jobs to our communities,” said DEED Commissioner Shawntera Hardy. “We’re excited about this expansion and look forward to their long-term success.”
In March the company announced in March that it is using a separate $180,000 Job Creation Fund grant to help build a $15 million distribution facility in Otsego.
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