WAUKEGAN, Ill. – Governor Tony Evers, together with Wisconsin Economic Development Corporation (WEDC) and company officials, announced that Yaskawa America Inc. will invest at least $180 million and create more than 700 new jobs in Wisconsin.
The company's investment in Wisconsin will consolidate its Illinois and Wisconsin facilities into one campus in Franklin, Wisconsin, over the next 8-10 years. The project includes relocating its North American headquarters and training facility from Waukegan.
“I am really excited to be celebrating Yaskawa’s decision to relocate its headquarters to Wisconsin and expand its footprint here in the Badger State, bringing with them millions of dollars in capital investment in Southeastern Wisconsin and hundreds of high-quality, family-supporting jobs,” said Evers.
Evers announced that WEDC is supporting the project by authorizing up to $18 million performance-based Enterprise Zone tax credits. The actual amount of tax credits received is contingent upon the number of jobs created and the amount of capital investment during that period.
The new campus will include a headquarters, a training and lab building, manufacturing and packaging facilities and robotics and semiconductor production operations. It will encompass over 800,000 square feet.
