Tony Hozeny, Department of Commerce, 608/267-9661
MADISON – Gov. Jim Doyle today announced that CMD Corp., Appleton, Outagamie
County, in the Northeast Wisconsin Regional Economic Partnership (NEWREP)
Technology Zone, will receive $250,000 in Technology Zone tax credits.
“My Grow Wisconsin initiative calls for investing in Wisconsin’s economy by
fostering manufacturing growth,” said Gov. Doyle. “I am pleased that CMD
Corp. is creating highly skilled manufacturing jobs in Outagamie County.”
“The Governor’s Grow Wisconsin program and these Technology Zone tax credits
are directly responsible for the CMD expansion in Appleton,” said Pete
Hensler, City of Appleton Director of Economic Development. “Participation
by the State was critical to the decision to expand and increase employment
CMD Corp. designs and manufactures equipment for the flexible packaging and
blown-film industries. CMD Corp. will invest $2.6 million to construct and
equip a new research and development facility in Appleton. This project
will create 25 jobs and retain 161 jobs.
The NEWREP Technology Zone provides incentives for high-tech growth in
Engineering/Design, Electronics, and Wood/Forestry related products, among
others. The NEWREP Technology Zone includes the counties of Brown, Calumet,
Door, Florence, Fond du Lac, Kewaunee, Manitowoc, Marinette, Menominee,
Oconto, Outagamie, Shawano, Sheboygan, Waupaca, Waushara, and Winnebago.