Saturday, March 19, 2011

Northwest Herald | Crystal Lake firm headed to Wisconsin

Wisconsin Gov. Scott Walker announced the move Thursday morning at a news conference with Catalyst Chief Executive Officer Tim Roberts and local Wisconsin officials at the 144,000-square-foot plant it will call home this summer….Catalyst planned to bring 85 jobs to the new plant, with the promise of adding at least 24 positions by 2014, all with a minimum annual salary of $55,000.Although Walker said the move would bring 105 jobs to Wisconsin, a Kenosha News report said

Incentives to move

Catalyst Exhibits Inc. in Crystal Lake was granted $500,000 by the state of Wisconsin to offset moving costs and was given a $1.25 million low-interest loan by the Kenosha Area Business Alliance.

In addition, a new Wisconsin law forgives corporate and personal income taxes of companies that relocate to Wisconsin for two years.

Click on the following for more details: Northwest Herald | Crystal Lake firm headed to Wisconsin

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