Oct 2, 2014

Janesville manufacturer to expand, create up to 30 jobs

Excerpted from Milwaukee Business Journal
By David Schuyler

The Wisconsin Economic Development Corp. said Wednesday that it has approved up to $655,000 in tax credits for GOEX Corp., a plastic sheet products manufacturer that is more than doubling the size of its operations in Janesville.

GOEX, which has 130 employees, has begun construction on a 190,000-square-foot facility on the city’s north side because it has outgrown its existing 70,000-square-foot building. The project is expected to create 30 jobs.

The WEDC tax credits have been authorized over a three-year period and will be distributed annually based on the number of new, full-time positions created and the level of capital investment.

“When the time came to look for a new manufacturing site, we looked at other communities and other states,” said GOEX president Joshua Gray. “We have an exceptional workforce in Janesville and Rock County, and preferred to stay here if at all possible. WEDC and the tax credit program was one positive component to our decision to relocate here.”

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