Global Manufacturer Makes Move TO WISCONSIN
Gardner Denver, Inc., a manufacturer of industrial compressors, blowers, pumps, loading arms and fuel systems, is moving its global headquarters from Wayne, Pennsylvania, to Milwaukee. This facility could ultimately employ as many as 200 senior executives, managers and professionals.
Gardner Denver is one of the oldest manufacturing businesses in the U.S. The global company has approximately $2.5 billion in revenue and close to 7,000 employees in over 35 countries. Gardner Denver will rank among the 15 largest privately held companies in Wisconsin.
“We are excited to make Milwaukee the home of our new global headquarters,” said Peter Wallace, CEO of Gardner Denver. “The region has an impressive roster of global businesses, a strong manufacturing pedigree and a deep talent pool for a business like ours. It is an excellent location for us.”
To help secure the relocation, WEDC has agreed to provide the company with up to $2 million in tax credits through 2020. The actual amount of credits awarded will be contingent upon the number of jobs created during that period.
“The company’s decision to move here is a testament to Wisconsin’s positive business climate and quality workforce,” said Reed Hall, secretary and CEO of WEDC.
WEDC is a proud sponsor of the upcoming Site Selectors Guild in Puerto Rico from February 23–25. Connect with Wade Goodsell and other WEDC economic and community development team members at the Silver Sponsor Reception on Tuesday, February 24.