WAUSAU (WAOW) – With a new $500,000 grant from city and other financial help, Wausau Window and Wall Systems wants to expand and add about 125 jobs within three years, City Community Development Director Ann Werth said Wednesday.
It's part of the company's plan to relocate the manufacturing of an historic window from a newly acquired Colorado plant, she said.
The grant from Wausau, approved by the city council on Tuesday, will help fund the relocation and expand and retool the Wausau factory, Werth said. The company's plan also includes another $500,000 in manufacturing tax credits from the state.
The new jobs, on average, will pay slightly more than $17 an hour, Werth said.
“Manufacturing jobs spur the economy more than any other,” she said. “This to me creates 124 jobs that are good, living-wage jobs with a great company.”
Company President Jim Waldron was out of his office Wednesday and unavailable for comment, a spokeswoman said.
Wausau Window and Wall Systems was formed as Wausau Metals in 1956 and was acquired by Minneapolis-based Apogee Enterprises Inc. in 1968, according to a history of the company.
The city said the grant to the company will come from money set aside for economic development from a special taxing district in the city's west-side industrial park.
Wausau Window and Wall Systems will donate about an acre of land to the city as part of the deal, Werth said. That land could potentially be used to relocate Wausau Chemical, she said.
The city has also received a $50,000 grant from a local foundation toward training of new employees at Wausau Window and Wall, Werth said.