Contacts:
Carla Vigue
Office of the Governor
608-261-2162
New Project Will Create 134 New Jobs
WISCONSIN RAPIDS – Governor Jim Doyle today announced a $256,650 Transportation Economic Assistance (TEA) grant for the city of Wisconsin
Rapids to support the expansion efforts of Advanced Fiberglass Technologies. This expansion is expected to create 134 new jobs for the
area, 78 of which will be at Advanced Fiberglass Technologies, and resulting in $5.2 million in wages annually to help drive Wisconsin’s
economy.
“Wisconsin is home to the best companies, and the best workers,” Governor Doyle said. “Advanced Fiberglass Technologies is great
Wisconsin company, committed to moving our state’s advanced manufacturing industry forward. This is just one more example of how the state can team up with businesses and communities to help create new family-supporting jobs.”
The grant will cover part of the costs of constructing nearly 2,000 feet of a lead track for the Rapids East Commerce Center, plus another 510 feet of rail spur to serve Advanced Fiberglass Technologies. The city of Wisconsin Rapids is contributing $178, 350, and Advanced Fiberglass Technologies an additional $86,900. Advanced Fiberglass Technologies is constructing a 66,000 square-foot plant expansion, for a total
investment of $5 million.
TEA grants are awarded to local communities, businesses and consortiums for transportation projects that attract employers to Wisconsin or
encourage businesses to expand in state.
Since it was created in 1987, the TEA grant program has invested nearly $72 million in 275 projects, benefiting 300 businesses, and creating
nearly 65,000 jobs.
