$4.5M announced to support expansion in Wisconsin`s dairy industry


$4.5M announced to support expansion in Wisconsin`s dairy industry


MADISON, Wis. (CBS 58) --- Wisconsin Gov. Tony Evers announced the state will be supporting the expansion of Agropur Dairy Cooperative in Little Chute with up to $4.5 million in business tax credits from the Wisconsin Economic Development Corporation (WEDC) on Monday, Oct. 4.

Officials say Agropur, one the world`s largest dairy suppliers, will be building a new $168 million cheese factory in Little Chute that will set the company up for future success in the state by investing in the latest cheesemaking technology and making room for growth. According to a news release, Agropur will be eligible for up to $4.5 million in business tax credits over the next four years based on meeting hiring and capital expenditure goals....
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Ken Notes: Small farms may need a systemic approach for survival. The Coop makes a lot of sense in that the farms are supported by an end product rather that milk prices. Nice to see the state stepping up...

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- - Volume: 9 - WEEK: 41 Date: 10/7/2021 8:41:28 AM -