Governor Jim Doyle today announced that TomoTherapy Inc. will receive a $500,000 loan from the Department of Commerce to help purchase equipment at its new facility and create more than 320 jobs. Department of Commerce Deputy Secretary Dave Storey joined TomoTherapy Inc. co-founders Paul Reckwerdt and Rock Mackie, Ph.D. for the announcement at the company’s facility in Madison on behalf of the Governor.
“Manufacturing is, and will continue to be, at the heart of Wisconsin’s economy,” Governor Doyle said. “And TomoTherapy Inc. is exactly the type of manufacturer we are looking to grow here in Wisconsin – a high-end manufacturer requiring a high-end workforce. TomoTherapy Inc. has already made significant investments in Wisconsin, and I am pleased the state is now investing in them – and helping them create hundreds of new jobs in the Madison area.”
Governor Doyle congratulated TomoTherapy Inc. on its decision to expand its world headquarters in Madison. Now, with assistance from the Department of Commerce, the company will begin its expansion plan by leasing a new 66,000-sq.-ft. manufacturing facility, remodeling the first floor of their current facility, and adding 20,000 square feet of office space. The total project cost is $8.2 million. This loan will help the company expand and create up to 323 new manufacturing jobs for Wisconsin over the next three years.
“We appreciate the confidence that the Department of Commerce has placed in TomoTherapy Inc., said Dr. Fred Robertson, CEO of TomoTherapy Inc. “This loan will provide necessary support to help us expand our manufacturing capacity within our new Operations Facility. We intend to quadruple our current production and testing ability, which will no doubt assist with our global expansion efforts.”
Established in 1997 by Mackie and Reckwerdt to develop more precise methods of delivering radiation to treat cancer, TomoTherapy Inc. markets the TomoTherapy(r) Hi·Art System(r) which combines planning, imaging, delivery and dose verification features for more targeted radiation treatments. The System allows a CT scan to be taken just prior to treatment to verify exact location of a tumor. A precisely controlled radiation beam then rotates completely around the patient during treatment. Ultimately, dose is maximized to the tumor and minimized to surrounding tissue and organs.
TomoTherapy Inc. currently employs over 400 people globally, with about 300 of those based in Madison. More information about the company is available at www.TomoTherapy.com.
For more information on Department of Commerce programs and services, contact the Commerce area development manager at www.commerce.wi.gov/BD/BD-FAX-0901.html.