Governor Walker Joins in Announcing Colbert Packaging Corporation to Establish Operations in Kenosha
Manufacturer expected to bring more than 100 new jobs to Wisconsin
Kenosha – Governor Scott Walker joined Colbert Packaging Corporation, a leading manufacturer of folding cartons, rigid setup boxes, and paperboard specialty products, today in unveiling plans to relocate its flexographic packaging operation and related warehousing services from northern Illinois to Kenosha. The project is anticipated to bring more than 100 new jobs to Wisconsin.
“On behalf of the state of Wisconsin, I’m pleased to welcome Colbert Packaging to our state, and we applaud them for making this commitment,” Governor Walker said. “Businesses around the nation recognize that the reforms we’ve enacted to create a positive business climate and strengthen our workforce are working. That’s what makes Wisconsin a great choice for many companies seeking to relocate or expand their operations.”
Colbert is acquiring a new 173,000 square-foot building on 16 acres in the Business Park of Kenosha, which is located less than one mile from I-94. Colbert currently operates its flexographic division and warehouse from facilities in Illinois less than half that size.
Hamilton said Kenosha County was a natural choice for Colbert due to its proximity to the company’s headquarters and major transportation hubs, as well as that state’s favorable business climate. Many of Colbert’s employees live along the Illinois-Wisconsin border and I-94 corridor, and some already call Kenosha County home.
To help attract Colbert to Wisconsin, the Wisconsin Economic Development Corporation (WEDC) has authorized the company to receive up to $850,000 in state tax credits over the next three years. The actual amount of tax credits received, however, will be contingent upon the number of jobs created and the amount of capital investment the company makes during that time.
Local officials anticipate the project will pay dividends in Kenosha County and beyond.
“Kenosha County is thrilled to welcome Colbert Packaging and is glad to offer its support to help them establish operations here,” said Kenosha County Executive Jim Kreuser. “Kenosha County is ready to partner with them to help them thrive in the years to come.”
Kenosha County provided $250,000 from its High Impact Fund to support the project. The High Impact Fund is designed to incentivize companies creating jobs in Kenosha County.
“Kenosha has a strong legacy in manufacturing that will help Colbert Packaging be successful here,” added Kenosha Mayor John Antaramian. “We have a skilled and productive workforce, solid infrastructure, and many other assets – as well as a community that values manufacturing and what it means to our economy. Kenosha welcomes Colbert Packaging to its growing roster of diverse businesses.”
“The work Wisconsin has done over the past six years to make our state more attractive to manufacturing investment is clearly paying dividends,” said Gale Klappa, co-chair of the Milwaukee 7 and Chairman of WEC Energy Group. “The decision on where to place a new factory is among the most important a manufacturer will make. Industry leaders like Colbert Packaging clearly have options. Colbert’s decision to make a significant investment in Kenosha is further evidence that Wisconsin is among the most desirable locations in America for manufacturing investment.”
In addition to the 108 jobs expected to be created by Colbert, an economic modeling study estimates the project could indirectly generate 67 additional jobs in the region. Those 175 new jobs are expected to generate up to $1.5 million in state income tax revenue over a five-year period.
The Colbert Packaging announcement comes as more than a dozen state agencies and organizations are marking Manufacturing Month with events throughout October.
“By establishing operations in Wisconsin, Colbert Packaging joins the 9,500 manufacturers around the state that employ hundreds of thousands of workers and produce top quality products,” added Governor Walker. “By investing in our workers, partnering with manufacturers and building awareness about this important industry, we will continue to keep Wisconsin’s manufacturing tradition and our talent pipeline strong for generations to come.”
Mentioned in This Press Release
Recent Press Releases by Gov. Scott Walker
Governor Walker Announces Process for Wisconsin Companies to Bid on Work Related to Foxconn ConstructionMar 21st, 2018 by Gov. Scott Walker
State’s Wisconn Valley website now includes details on how to connect potential subcontractors, vendors, suppliers to Construction Manager
Economic Opportunity Zones present opportunity to help Wisconsin communities through private investment
No Child Should Ever Feel Unsafe at School: Governor Walker, Lt. Governor Kleefisch, and Attorney General Schimel Visit Schools to Discuss $100 Million School Safety PlanMar 19th, 2018 by Gov. Scott Walker
"No child, parent, or teacher should ever feel unsafe at school."