Generac Power Systems Inc. announced the expansion of its headquarters in Waukesha, Wis. This includes other manufacturing facilities in Wisconsin creating at least 400 new jobs over five years. The company will reportedly spend $73 million to expand its corporate headquarters, research and development and production operations.
The company will receive up to $10 million from Wisconsin Economic Development Corp. These tax credits are awarded to the company depending on how many jobs are actually created; how much capital is spent on the project; and how much is invested in employee training.
Generac Power Systems will renovate buildings and equipment at its Wisconsin facilities in six communities:
- Waukesha
- Oshkosh
- Jefferson
- Eagle
- Whitewater
- Berlin