AT A GLANCE
Company:
Yaskawa Electric Corp., Kitakyushu, Japan
Business owner idea:
Move Yaskawa America Inc.’s North American headquarters from Waukegan, Illinois, to Franklin, Wisconsin; expand the Franklin facility and consolidate other facilities into one 800,000-square-foot campus.
State support:
Wisconsin has authorized up to $18 million in performance-based Enterprise Zone Tax Credits. The Milwaukee 7 regional economic development organization is also supporting the project.
Results:
Relocation and expansion will create 700 new jobs and pump millions of dollars into the state’s economy.
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