Manufacturing and agriculture are two of our core industries in Wisconsin.
Madison, Wednesday, January 22nd — “Manufacturing and agriculture are two of our core industries in Wisconsin. Thankfully, both are playing a big role in our economic recovery. In 2013, CNBC ranked us as one of the top states for new manufacturing jobs. From November 2012 to November 2013, we rank 7th highest in the country in manufacturing job growth.
To keep these positive trends going, we put in place the manufacturing and agriculture production tax credit last year. Now, if you are an employer in one of these key industries, you should look at growing in Wisconsin as this credit will eventually wipe out almost all of your taxable liability. That is a really big deal because it gives you the opportunity to invest the capital necessary to help create more jobs. This program is a game changer for employers in manufacturing and agriculture.
Argon Industries in Milwaukee and Gro Alliance in Cuba City told us the credit was a factor in their decision to grow in Wisconsin. Others, like Kenall Manufacturing, decided to move up to Kenosha from Illinois, and the manufacturing tax credit was a big part of their choice to relocate in Wisconsin.”