US-based packaging and bottling line systems manufacturer Krones is investing in a new training and technology center in southeastern Wisconsin, US.
The 40,000ft² facility, which will serve the company’s customers and employees, will play a key role in achieving future growth plans.
After considering other sites across the US, Krones has decided to expand its location in the Franklin Industrial Park.
Construction work on is anticipated to start in spring of 2018. The company’s plans are still in the planning and development stages. The investment is expected to add about 25 new positions.
Krones president and CEO Holger Beckmann said: “Higher skill levels translate to greater customer success with their Krones machines, and the investment in a local Training and Technology Center further strengthens Krones’ commitment to be a true Partner for Performance to our customers.”
Initially, the Wisconsin Economic Development Corporation (WEDC) is providing Krones with $300,000 in performance-based business development tax credits.
The actual amount of credits awarded will be counted depending upon the number of jobs created including the level of capital investment during that time.
WEDC deputy secretary and COO Tricia Braun said: “In addition to the jobs being created by this investment, the company also is positioning itself for future growth by providing additional training to its employees and customers, which is good news for southeastern Wisconsin and the entire state.”
Krones which was founded in 1966 is the subsidiary of Krones Neutraubling, Germany. The company focuses in the planning, design, service and manufacture of systems for filling and packaging operations majorly in the food and beverage industry.