Dept. of Commerce: Governor Doyle Announces Funding for Trace-a-matic Corporation

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

MADISON – Governor Jim Doyle today announced that Trace-A-Matic Corporation, Brookfield, Waukesha County, will receive $40,800 in Technology Zone tax credits from the Department of Commerce (Commerce) to purchase new equipment.

“Through my Grow Wisconsin plan, we are working hard to invest in our economy by helping companies expand and upgrade their technologies,” Governor Doyle said. “I am pleased that the state can assist with this project, which will create up to 15 jobs, retain 100 more, and leverage $935,000 in new investment.”

“Supporting the technology investments of Waukesha County manufacturing firms is critical to remaining competitive as a region,” said Bill Mitchell, Executive Director of the Waukesha County Economic Development Corporation (WCEDC). “WCEDC congratulates Trace-A-Matic on receiving this award as part of the Metropolitan Milwaukee Technology Zone.”

Trace-A-Matic Corporation is a machine shop that specializes in CNC milling and turning and cylindrical grinding.

Trace-A-Matic Corporation is in the Metropolitan Milwaukee Technology Zone, which provides incentives for high-tech growth in Biomedical Technology/Informatics, Printing, and Machinery Manufacturing/Automation, among others. The Metropolitan Milwaukee Technology Zone includes the counties of Milwaukee, Ozaukee, Washington, and Waukesha.

For more information about the Technology Zone program, contact Todd Jensen, Commerce, at 608/266-3074.