The Kenosha Area Business Alliance is providing Toolamation with a $490,000 loan for the property. The company will also receive up to $300,000 in tax credits, $100,000 for equipment, and more for renovations. On February 17, the official announcement was given, with Kenosha and Wisconsin officials joining Toolamations executives. Do you know who else showed up? Governor Scott Walker! He and other Wisconsin officials were so thankful for Toolamation relocating to Kenosha. Everyone was so welcoming! How could Toolamation say no?! With so many incentives and reasons for leaving an almost impossible tax burden in Illinois, who could blame them?! Not me. Not anyone.
Scott Walker said, "I'm pleased to welcome Toolamation to Wisconsin, and have them join the growing list of companies that are establishing operations in Wisconsin because of our strong business climate." He's right. This is the 7th announcement - in less than a year - of a major project in Kenosha County bringing in over $200 million in capital investment and over 1,000 new jobs.
Uline's move to Kenosha later this year will mean the end of its operations in Waukegan. Quest Products is relocating from Gurnee to Pleasant Prairie and Kenosha. More companies are making plans to cross the border. How many more companies and jobs will exit the state before Illinois sees that we are being treated unfairly and taxed too much!