Of the $1.55 million investment in the project, $500,000 will be dedicated to a building addition of 5,000 square feet and $1.05 million to employment growth and new machinery. According to the Wisconsin Economic Development Corporation, the project is targeted for completion within three years.
The current facility has two large cells and can support one to two expansion cells of two to three machines each. Expanding the facility allows for the potential of seven to ten additional cells and will include an updated layout for existing machines and electrical service.
“PartsBadger is a great example of how businesses of all industries are thriving and growing in Wisconsin thanks to our positive business climate and dedicated workforce,” said Missy Hughes, secretary and CEO of WEDC. “I thank PartsBadger for its continued investment and commitment to the state of Wisconsin.”
The Wisconsin Economic Development Corporation is supporting the project by authorizing up to $90,000 in state income tax credits over the next three years. The actual amount of tax credits PartsBadger will receive is contingent upon the number of jobs created.
“Ozaukee Economic Development is thrilled to have worked with PartsBadger on their new expansion. It is the growth of up and coming businesses within our communities that helps make Ozaukee County a great location for business,” said Kathleen Cady Schilling, executive director of Ozaukee Economic Development. “PartsBadger’s new project will serve as a boon for both the Cedarburg community and Ozaukee’s manufacturing businesses. We look forward to continuing to work with them in the future.”
PartsBadger was founded in 2016 and focuses on bringing manufacturing capacity to innovators through simplified ordering and manufacturing by leveraging technology. The core technology of the company involves the 3D analysis of part files and 2D drawings to instantly quote parts for manufacture, a process that normally takes three to five days. In 2018, PartsBadger shifted production from China to Wisconsin, which led to their current facility and upcoming expansion in Cedarburg.