The article was written by Caitlin Shuda, Wisconsin Rapids Daily Tribune
An aluminum manufacturing company intends to build a new facility in Wisconsin Rapids.
Matalco announced its plans to build in the Rapids East Commerce Center. The company will invest $80 million to build a 110,000-square-foot manufacturing plant with the latest technology. Once the plant opens, it will employ 80 permanent full-time workers, said Robert Roscetti, Matalco’s vice president of corporate development.
Those 80 permanent full-time jobs will include skilled and unskilled workers, such as electrical and mechanical engineers, scientists, administrative staff, managers and forklift and heavy machinery operators. The salary could range from $15 to $20 per hour for general labor to $26 per hour for more specialized skills, Roscetti said.
City leaders have spent almost a year securing the investment that involves state and local economic development partners, said Mayor Zach Vruwink.
“This is a big win for us and further evidence that the city’s economy is diversifying with the addition of Matalco and a new business sector,” Vruwink said.
The project isn’t quite a done deal. The project and related incentives are pending city approval on the real estate sales and development agreements, according to a news release from the city.
Matalco plans to put a shovel in the ground in April or May, kicking off a year and a half of construction. Roscetti estimates the plant would be open mid-2020.
Tom Horter, president of Matalco, said the company chose Wisconsin Rapids “because of its location relative to our market, its exceptional workforce, local investments in quality of life and the comprehensive incentive package and assistance provided from both the state and local levels.”
The Matalco plant in Wisconsin Rapids will produce more than 230 million pounds a year of aluminum billet, which are solid aluminum logs of various diameters and lengths. Matalco will create those billets for extrusion companies that will then create other objects from the material by cutting or pressing the aluminum. Matalco will take in scrap aluminum, melt it and cast out the long aluminum billets. It will use mostly recycled material, Roscetti said.
The Wisconsin Economic Development Corp. certified the Wisconsin Rapids site in 2013, declaring it “shovel-ready” for development.
Matalco has four plants in Ontario, Ohio and Indiana that serve its customers in North America. The company’s facilities are designed to minimize carbon emissions with a natural gas system and high-efficiency furnaces, according to a news release.
For more information about Matalco, visit matalco.com.