Tuesday, August 19, 2008

State helps fund Van Zeeland expansion

Milwaukee Journal Sentinel

The state Commerce Department announced industrial revenue bond allocations today to two companies to help fund expansions.

The state awarded $1.21 million to Van Zeeland Manufacturing Inc., Little Chute.

Van Zeeland manufactures power transmission products, including sprockets, gears and pulleys. The company is constructing and equipping a 25,500-square-foot facility that will expand its production capacity by 20%, the state said. The $1.4 million project is expected to create eight jobs.

The state also awarded a $5.1 million industrial revenue bond allocation for Traffic & Parking Control Co., Elm Grove, to acquire a production facility in Brown Deer. Traffic & Parking Control makes traffic signs and related equipment.

The company acquired a 128,000-square-foot building that it plans to equip and renovate in a $5.1 million project. The project is expected to create 15 jobs, the department said.

No comments: