Stella and Chewy’s expands in Wisconsin

Stella and Chewy’s, a natural pet food manufacturer, is planning an expansion of its Oak Creek facility and headquarters, which is expected to produce $30 million in capital investment over the next three years and create 82 new jobs for the Milwaukee area according to an announcement made by Wisconsin Governor Scott Walker on Oct. 23, 2018. These plans for expansion come as the company has experienced significant growth internally and in its customer base.

The Wisconsin Economic Development Corporation (WEDC) has supported the project by authorizing up to $500,000 in state income tax through 2021. Stella and Chewy’s will lease a new building as part of this expansion, and purchase new machinery and equipment, according to Walker. The actual amount of tax credits Stella & Chewy’s will receive is contingent upon the number of jobs created and the amount of capital investment during that period...

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Ken Notes: 6K per job, why is this number such a moving target???



- - Volume: 6 - WEEK: 43 Date: 10/25/2018 9:47:18 AM -