Gov. Walker: Announces expansion of mod-tech industries

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Gov. Walker: Announces expansion of mod-tech industries

Madison–Governor Walker announced the creation of 48 new positions and retention of 52 positions at Mod-Tech Industries in Shawano through a $2.8 million expansion plan yesterday. WEDC will be parterning with Mod-Tech through the Economic Development Tax Credit Program to help foster this economic development project.

“Continuing to create jobs through this private sector economic development project will help the Shawano and surrounding communities,” said Governor Walker. “I remain focused on helping the people of Wisconsin create jobs.”

Mod-Tech industries is a world class supplier of marine, hydraulic, truck, bus, railroad, agriculture and heavy equipment supplries. Many of their main customers are Wisconsin based businesses.

The need for this expansion was caused by increase in business needed to meet orders for 2012 and beyond.

In 1988 Mod-Tech industries had sales of $360,000, which has grown to sales of more than $7,000,000 in 2008.