Contacts: Lee Sensenbrenner, Office of the Governor, 608-261-2162
Tony Hozeny, Department of Commerce, 608-267-9661
Company to Create 28 New Jobs
MADISON – Governor Jim Doyle today announced that A & E Incorporated, Racine, will consolidate operations in Racine, moving an existing operation from Texas. The project is expected to create 28 jobs and retain 140 for hardworking Wisconsin families.
“I have worked hard as Governor to make Wisconsin a friendly place to do business and am thrilled that A&E has decided to consolidate its operations here in Wisconsin,” Governor Doyle said. “Now, more than ever, it’s important we continue to invest in good companies like A&E which are committed to providing jobs for hardworking Wisconsin families.”
“There were several aspects considered as we contemplated expanding the Texas location or consolidating the Texas operations into the Racine facility,” said John R. Lang, Chairman of the Board and CEO of A&E Incorporated. “Factors such as local support for our company, the skill set of the local workforce and the necessary training and adult education programs to support our manufacturing operation helped us choose Wisconsin.”
The Governor noted that the company is receiving $862,000 in tax credits from the Department of Commerce (Commerce). The project will create 28 jobs, retain 140 jobs and represent $2,008,000 in total investment. The company will move an existing operation from Texas and consolidate it in Racine, where it maintains three operations, including the headquarters.
A & E Incorporated has developed into a family of companies that provide cutting-edge products and services to a growing client base in the U.S. and in many international markets. Products include hand tools, specialty tools for the transportation industry, diagnostics and compression testing, and high quality metal stampings. In continuous operation since 1932, A & E Incorporated sells its products to a premier client base in retail, mobile distribution, industrial and automotive warehouse distribution, and online via the internet.
For more information on Commerce programs and services, contact the Commerce area development manager for your region at http://commerce.wi.gov/BD/BD-AreaDevManagers.html.