Kitchen appliance maker plots $62M expansion in Wisconsin
Aug. 02, 2015
FITCHBURG, Wis. (AP) — A kitchen appliance manufacturer is planning a $62 million expansion south of Madison, netting $5 million in state and local support for creating an estimated 300 new jobs.
Sub-Zero Group, makers of Sub-Zero and Wolf appliances, chose last month to expand its Fitchburg facility over a planned site in Kentucky, the Wisconsin State Journal (http://bit.ly/1MFNXSq ) reported. The 400,000-square-foot expansion will more than double its current footprint in Fitchburg and churn out upscale dishwashers and ranges.
Their new facility is slated to open in fall 2016.
At least $5 million in state and local incentives are part of the deal, including state tax credits for meeting job creation and wage requirements. Madison has also pledged financial assistance for some infrastructure costs. The company is also seeking $1 million in state assistance for building roads.
But it was a new labor contract with local employees that helped seal the deal, said Chuck Verri, the company's vice president for human resources.
"We have an outstanding work force, Madison has a great labor pool for us to draw from, we have the land, and the assistance program," Verri said. All of those pieces of the puzzle made the picture."
Information from: Wisconsin State Journal, http://www.madison.com/wsj