2022 Deal Of The Year: Impact Awards

Exact Sciences, a leading global cancer screening and diagnostics company, is expanding its presence in Wisconsin by investing an additional $350 million in its Madison, WI campuses, an investment expected to create more than 1,300 jobs. The company will add to its west-side Madison campus in three areas, the most significant of which is the Research and Development (R&D) Center of Excellence to enhance research capabilities as the company combats the world’s deadliest cancers; laboratory space with new technology and automation; and warehouse. Exact Sciences relocated to Wisconsin in 2009 and has consistently continued to expand in the state. Predicted direct economic impact for this most recent expansion project is $145.8 million, and predicted wages impact is nearly $140 million. The Wisconsin Economic Development Corporation (WEDC) Board of Directors has authorized increasing the company’s Enterprise Zone tax credits from $9 million to $27.5 million, if the company creates at least 1,300 new jobs and invests at least $350 million in capital expenditures by 2025.