Reliable Quality, Specialized Fittings
Since 1930, Chicago Fittings Corp
. has been an industry leader in the manufacturing of hydraulic and natural gas/liquefied petroleum fittings. The company provides patented “low-to-high-pressure” hydraulics for manufacturers in the heavy equipment and diesel engine industries. The company has about 15 employees and plans to hire 25 more over the next three years.
Growth Plans Lead to Wisconsin
The company recently announced a decision to move to Wisconsin, to a site in the Gateway Business Park in Beloit. The business park is one of Wisconsin’s Certified Sites
, meaning it is certified as development-ready, and has already cleared many of the regulatory and site preparation hurdles that can slow a new project down.
The Wisconsin Economic Development Corporation provided an incentive package of $175,000 in performance-based tax credits to be earned over a four-year period. Chicago Fittings plans to spend about $2.4 million on the new 30,000-square-foot facility, which is expected to be completed by the second half of 2016.