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Stella & Chewyâs, a premium natural pet food company, is expanding its facility in Oak Creek, Wis., officials from the Wisconsin Economic Development Corp. (WEDC) said in statement. The $67.7 million project is expected to create 245 jobs over the next three years.
The WEDC is supporting the project by authorizing up to $2 million in state income tax credits over the next three years, officials said. The actual amount of tax credits Stella & Chewyâs will receive is contingent upon the number of jobs created, officials added.
âThis investment will enable Stella & Chewyâs to position itself for continued growth and success, and at the same time, create jobs in Milwaukee County,â said Missy Hughes, secretary and CEO of WEDC. âCompanies have a choice when deciding to expand, and the decision by Stella & Chewyâs to establish another facility in Oak Creek is a testament to Wisconsinâs strong business climate and dedicated workforce.â
Foxconn exec buys Elm Grove home for nearly $2.2 million
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Photo courtesy of Zillow
It looks like more money from Foxconn Technology Group has been invested in Wisconsin real estate. Only this time it involves a company executive s purchase of a private home. Alan Yeung, Foxconn director of U.S.…
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It looks like more money from Foxconn Technology Group has been invested in Wisconsin real estate. Only this time it involves a company executive s purchase of a private home.
Alan Yeung, Foxconn director of U.S. strategic initiatives, and his wife Stella Chan, have purchased a house in Elm Grove for about $2.19 million, according to state records.The home totals 10,396 square feet, and includes five bedrooms and six total bathrooms, according to online listings.The 13th Century gothic residence was designed by architect Russell Zimmerman, using such materials as rubble stone, hand-carved limestone, wrought iron, copper and Vermont slate, according to the listi
Hon Hai says it is meeting financial obligations in Wisconsin deal
03/09/2021 05:42 PM
Construction on the site in 2019. CNA file photo courtesy of Foxconn
Taipei, March 9 (CNA) Taiwan-based Hon Hai Precision Industry Co. said Tuesday it continues to fulfill its financial obligations under an investment deal in the American state of Wisconsin.
Hon Hai, also known as Foxconn in the global market, made the statement after Daniel Hintz and Hintz Real Estate Development in Wisconsin dismissed a lawsuit they had brought against the company, alleging a breach of contract with two municipalities in the state.
The lawsuit, filed by Caledonia resident Daniel Hintz and Hintz Real Estate Development Co., alleged that Hon Hai had failed to construct a 10.5th generation flat panel plant in Wisconsin and employ manufacturing and construction workers as it had promised.