Dept. of Commerce: Gov. Doyle Announces Funding for McNally Industries, LLC

Tony Hozeny, Department of Commerce, 608/267-9661

MADISON – Gov. Jim Doyle today announced that McNally Industries, LLC,
Grantsburg, Burnett County, will receive $335,000 in Technology Zone tax
credits to help it with a $3.1 million investment to expand and equip its
facility. This project will create 23 jobs and retain 75 jobs.

“Through my Grow Wisconsin plan, we are working hard to invest in our
economy and help our manufacturers expand, upgrade, and create new jobs,”
Governor Doyle said. “I am pleased that the state can help McNally
Industries expand their operations in Wisconsin and create good jobs for the
residents of northern Wisconsin.”

McNally Industries, LLC manufactures mechanical and hydraulic systems and
components primarily for U.S. Department of Defense applications. McNally
is using the funds to help expand their facilities, nearly doubling the size
of its existing plant in the Grantsburg Industrial Park.

McNally Industries, LLC is a member of the SuperiorLife Technology Zone,
which provides incentives for high-tech growth in factory automation,
advanced materials, and manufacturing equipment, among others. The
SuperiorLife Technology Zone includes the counties of Ashland, Bayfield,
Burnett, Douglas, Iron, and Washburn.

For more information about the Technology Zone Program, contact Todd Jensen,
Department of Commerce (Commerce), at 608/266-3074.