Kwik Trip continues to expand operations in Wisconsin
Company can earn up to $41 million in tax credits for job creation, investment
MADISON, WI. DEC. 18, 2023—Kwik Trip will invest more than $151 million to expand its operations at multiple locations throughout Wisconsin, creating more than 500 jobs by 2027 and qualifying the La Crosse-based retailer to earn an additional $15 million in performance-based Enterprise Zone tax incentives from the Wisconsin Economic Development Corporation (WEDC).
The newly proposed capital investment would encompass further expansion of its dairy, commissary, and bakery facilities in La Crosse, the purchase and renovation of a commercial office building in Onalaska, and the construction of a new satellite distribution center.
This is the third time the state has invested in Kwik Trip’s growth in Wisconsin, raising the company’s eligibility for tax credits to a total of $41 million. Since the state and Kwik Trip entered into the Enterprise Zone agreement in 2017, the company has invested more than $325 million into its Wisconsin support center operations, created nearly 1,800 new eligible full-time jobs, and grown and fostered mutually beneficial relationships with numerous Wisconsin supply chain partners. As a result of the growth at its La Crosse support center and the construction and acquisition of 168 new retail locations, Kwik Trip’s total eligible Wisconsin employee count has increased from 4,342 in 2017 to 12,442 in 2023, a total increase of 8,100 workers.
Kwik Trip, which operates 506 stores in Wisconsin and is known for creating its own line of food products, was first awarded up to $21 million in Enterprise Zone tax credits in 2017. The company’s rapid growth led to an amendment raising that eligibility by $5 million, primarily to expand its production facilities in La Crosse. At that time, the company anticipated hiring at least 662 new workers and investing at least $378 million in the project.
Scott Zietlow, the CEO and President of Kwik Trip, expressed enthusiasm regarding the collaboration with the WEDC, stating, “Growth is good, not only for Kwik Trip, but most importantly for our coworkers and the communities we serve. As a Top Workplace, we are able to provide strong, vibrant jobs throughout Wisconsin. We appreciate the support from the WEDC to make this happen.”
Kwik Trip is a family owned company that serves customers in Wisconsin, Minnesota, Iowa, Illinois, Michigan, and South Dakota with 865 convenient, clean retail convenience stores. Kwik Trip also distributes more than 80% of the products featured in the stores, supplied by its own commissary, bakery, dairy, and distribution center located in La Crosse. Earlier this year, Kwik Trip was recognized by USA Today as the best gas station in the country for the fourth consecutive year. The company is also consistently recognized as a Top Workplace by the Milwaukee Journal Sentinel. Visit http://www.kwiktrip.com to learn more.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
Mentioned in This Press Release
Recent Press Releases by Wisconsin Economic Development Corporation
Sixteen businesses named as finalists for 2024 MARKETPLACE Wisconsin awards
Nov 18th, 2024 by Wisconsin Economic Development CorporationWinners will be announced on Dec. 12 at conference in Milwaukee
Diverse businesses encouraged to attend MARKETPLACE Wisconsin
Oct 29th, 2024 by Wisconsin Economic Development CorporationDiscounted early-bird registration available through Nov. 4
Sauerkraut giant sweet on Wisconsin
Oct 28th, 2024 by Wisconsin Economic Development CorporationFermented Food Holdings Inc. leverages state tax credits and local expertise to boost statewide sauerkraut production and create 60 full-time jobs
Quick Trip is opening up convenience stores which just replace other such stores with NO NET employment increase but Quick Trip is getting a subsidy to destroy probably locally owned stores Hummmm How does this work??
Thank You UM for CLEARLY marking this as a press release. The JS has published numerous Kwik Trip articles that were presented as news, but were just cheerleading reworks of corporate press releases.