Generac to create 400 jobs over five years in new expansion
Generac Power Systems Inc., a leading manufacturer of power generation and engine-powered products, recently announced plans for a statewide expansion of its facilities with assistance from WEDC through a $10 million Enterprise Zone Tax Credit.
The company plans to invest more than $73 million to renovate its facilities and equipment in Waukesha, Oshkosh, Jefferson, Eagle, Whitewater and Berlin. The project is expected to create at least 400 jobs over the next five years.
“From its beginnings in a Waukesha County garage more than 50 years ago, Generac has become a leader in its industry and now employs 2,000 people throughout the state,” said Governor Scott Walker. “This is the latest example of companies in Wisconsin and around the world that are expanding or establishing operations in the state because of the pro-business climate our policies have created.”
The actual amount of state tax credits issued will be contingent upon the fulfillment of job creation, capital investment and employee training requirements.
More information about Generac’s expansion can be found on InWisconsin.com.
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