An Appleton area dairy manufacturing facility will get $4.5 million in business tax credits from the Wisconsin Economic Development Corporation to help with its expansion plans.
Agropur Dairy Cooperative is in the process of building a new $168 million state-of-the-art cheese factory in Little Chute. The cooperative will be eligible for the tax credits over the next four years based on meeting hiring and capital expenditure goals.
"Having a new state-of-the-art facility will help us to solidify our leadership position in the dairy industry," said Doug Simon, Agropur's president of U.S. operations. "Beyond speed and efficiency, the process and equipment will provide greater flexibility and will allow Agropur to offer a broader line of products to meet our customers' needs."
Agropur is the largest dairy cooperative in North America and one of the top 20 dairy producers in the world. In Wisconsin, it operates other facilities in La Crosse, Appleton, Weyauwega and Luxemburg, employing about 850 employees.
With this project, the company anticipates spending nearly $60 million more each year on milk from Wisconsin farms and creating at least 54 new full-time jobs.
Categories: Wisconsin, Business, Livestock, Dairy Cattle