Monday, January 16, 2012

Wisconsin: Plans To Bring 300-600 Jobs to Superior Finalized

Gov. Scott Walker and Kestrel Aircraft have confirmed plans to open a new manufacturing facility in Superior, creating up to 600 permanent jobs by 2016.

Walker and officials from Kestrel announced the plans Monday morning.  The company, founded in 2010, will move its headquarters to Superior and open a manufacturing plant in the city.

Plans obtained by Eyewitness News call for locations near the Douglas Co. Fairgrounds and at Winter Street.  Many of the new positions would be recruited locally, with some workers trained at community colleges and the Wisconsin Indianhead Technical College.

The city, state, and Douglas County offered a number of incentives to win out over a competing site in Maine, including:
  • $112 million in tax credits, allocations, and loans from the Wisconsin Housing and Economic Development Authority and the Wisconsin Economic Development Corporation
  • Tax increment financing, land grants, and a low-interest loan for $2.4 million from the city
  • A land transfer and $500,000 loan from the county
Kestrel is headed by Cirrus Aviation co-founder Alan Klapmeier.

Source:  http://www.wdio.com

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