Wisconsin Oven to add 80+ new jobs, invest millions in expansion


Wisconsin Oven to add 80+ new jobs, invest millions in expansion


Wisconsin Oven Corp., a subsidiary of Pennsylvania-based Thermal Product Solutions, is expanding and adding jobs in East Troy, the Wisconsin Economic Development Corp. said.

Wisconsin Oven, an industrial oven manufacturer, is adding 80 to 90 full-time jobs, bringing the total number of employees at its East Troy campus to more than 215...

...The WEDC is providing the company with up to $500,000 in performance-based business development tax credits through 2020....

   ...more

Ken Notes: My plan 80 new jobs X 2K tax credit for 10 Years would be 1.6 million with no option for failure. WEDC 500K with difficulty tracking and defining new jobs or "performance", difficulty recovering funds if project fails and WEDC hand picks winners and losers -- just a thought...

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- - Volume: 5 - WEEK: 24 Date: 6/15/2017 7:35:29 AM -