Dept. of Commerce: Governor Doyle Announces $250,000 to Assist Roundy’s Expansion in Wisconsin

Contacts:
Tony Hozeny, Department of Commerce, 608-267-9661

Ethnie Groves, Office of the Governor,
608-261-2156

Company Will Construct a New Facility in Kenosha;
Project Will Create 150 New Jobs in Wisconsin

Governor Jim Doyle announced today that Roundy’s, Inc. will
construct a new facility in Kenosha that will employ at least 150 new
workers. The Doyle Administration is providing Roundy’s with $250,000 in
Community Development Zone (CDZ) tax credits from the Department of Commerce
to assist the company with the project.

“Through my ‘Grow Wisconsin’ plan, we are working hard to
invest in our economy and help our manufacturing companies expand, upgrade,
and create new jobs,” Governor Doyle said. “And we have had real success.
Over the past two years, we have created more than 70,000 jobs, including
16,000 manufacturing jobs. And after 45 straight months of losing
manufacturing jobs, we’ve had eight straight months of growth in
manufacturing.”

“It is clear that our manufacturing sector is beginning to
see some improvements, and I am pleased that my Administration could assist
Roundy’s as it makes a significant new investment in Wisconsin and creates
at least 150 new jobs,” Governor Doyle said.

Roundy’s, Inc. will invest $22 million to construct and
equip an 110,000 square foot food-processing facility in Kenosha. The
project will create 150 jobs. Roundy’s is a leading food retailer in the
Midwest. The new facility will produce bottled water, ice, juice drinks,
orange juice, ice cream, meat products, cut and wrapped cheeses, prepared
foods, and salads.

The Department of Commerce administers the CDZ Program,
which offers tax incentives to businesses expanding or locating in a
designated area of economic distress. Businesses can earn income tax credits
for each new job created, assuming one-quarter of the jobs are filled by
target group workers who have faced barriers to employment, such as those
dislocated by a plant closing or currently participating in the Wisconsin
Works (W-2) Program. Businesses can also earn a tax credit for
environmental remediation.

For further information on the Community Development Zone
Program, contact Amy Cumblad at the Department of Commerce at 608-266-2688.