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BUILDING BLOCKS: Matalco factory in Wisconsin Rapids

BUILDING BLOCKS: Matalco factory in Wisconsin Rapids

By: Bridgetower Media Newswires//October 30, 2019//

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(Rendering courtesy of the Wisconsin Economic Development Corp.)
(Rendering courtesy of the )

ADDRESS: 4800 E. Commerce Drive,

COST: $80 million

SIZE: 110,000 square feet

CONTRACTOR: Keller Inc., Kaukauna

START OF WORK: October

EXPECTED COMPLETION: Fourth quarter of 2020

SIGNIFICANCE OF PROJECT: Matalco’s new factory will produce more than 230 million pounds of aluminum billet a year. Its main product will be 6xxx series extrusion-grade billet and logs made primarily from scrap aluminum. Within two or three years, 80 people are expected to be employed full time at the plant.

The Wisconsin Economic Development Corp. has agreed to support the project by providing as much as $1.5 million worth of state income-tax credits over the next three years. The actual amount Matalco receives will depend on the number of jobs it creates and the money it spends on its factory.

Matalco has its headquarters in Brampton, Ontario, and has other sites in Ohio and Indiana.

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