Grand Appliance and TV beginning work on new HQ


Grand Appliance and TV beginning work on new HQ


Project supported by $500,000 in WEDC tax credits

The company and Racine County officials planned a groundbreaking ceremony for today but postponed it because of inclement weather.

The $8 million project is supported by $500,000 in Wisconsin Economic Development Corp. tax credits, $450,000 in tax increment financing from Sturtevant and a $200,000 forgivable loan.

The company is relocating its headquarters from Zion, Illinois along with consolidatihttps://www.biztimes.com/2017/industries/transportationlogistics/grand-appliance-and-tv-beginning-work-on-new-hq/ng warehouses in Zion and New Berlin. The result will be 120 jobs moved to Sturtevant and plans to create another 22 new jobs over the next three years...

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- - Volume: 5 - WEEK: 28 Date: 7/13/2017 8:52:17 AM -