Massachusetts-based Collaborative Consulting plans to expand in Wausau. The move by the technology firm is expected to bring 200 jobs to the area over the next three years.
Wausau Mayor Jim Tipple along with Wisconsin Governor Scott Walker made the announcement at a gathering in the Dudley Tower in downtown Wausau.
Financial details of the agreement include: a state offer of $2 million in job tax credits and $250,000 in job training credits through the public-private Wisconsin Economic Development Corporation. In addition, The city will give up to $450,000 in local tax increment financing to help with the company's relocation.
No decision has been made on a location for the facility. Collaborative Consulting company executives will visit Wausau next week as they begin the process of looking for that location. Existing office space in the Dudley Tower or the Samuels Group building on the city's west side are possibilities.
The technology company makes software for many Fortune 500 Companies. They plan to hire 50 workers in the first year, that is expected to be followed by 75 jobs in the second year and 75 to 100 jobs in the third year.
William Robichaud, President and CEO of Collaborative Consulting, says his firms goal in the next year to invest in America and keep jobs from moving offshore.