Chicago Fittings Corp. relocating to Gateway Business Park
Excerpted from Janesville Gazette
By Jim Leute
Chicago Fittings based in Belvidere, Illinois, said Wednesday it would break ground next spring on a 30,000-square-foot facility at the southeast corner of Gateway Boulevard and Colley Road.
The project is expected to reach full operations by the second half of 2016.
Staffing initially is pegged at 15 with additional growth projected through 2020.
“After thoroughly evaluating various operational factors, Beloit’s Gateway Business Park provided the optimal solution to meet our company and customer needs,” Joseph Tarquini, president and owner of Chicago Fittings, said in a news release.
“We appreciate the responsive, professional support offered by the community’s economic development team and are truly excited to join a community within a state that is committed to the growth and development of small business.”
“We will be working with the company as needed to facilitate construction and are confident they will be as successful as other corporate entities that have selected a Gateway Business Park location,” City Manager Larry Arft said.
The Wisconsin Economic Development Corp. authorized up to $175,000 in state tax credits over the next four years. The actual amount of credits received will depend upon the number of jobs created.
“WEDC is pleased to assist Chicago Fittings in making the move from Illinois to Wisconsin,” said Reed Hall, WEDC chief executive officer.
“This is yet another indication of the strong business climate and quality workforce in Wisconsin and Rock County,” Hall said.