DeForest scores Little Potato Company
After considering multiple options throughout the Midwest and Northeast, Canada-based The Little Potato Company has chosen to locate its first U.S. head office and processing, washing, packing, and storage facility in the Village of DeForest.
The Wisconsin Economic Development Corp. (WEDC) helped incentivize the decision by offering $740,000 in Business Development Tax Credits. The credits are earned upon fulfillment of capital investment and job creation requirements. The Village of DeForest is also supporting the project with subsidized land, infrastructure, and other incentives.
The Little Potato Company will invest over $20 million in its new 130,000-square-foot DeForest facility on U.S. Hwy. 51, equipment, and other incentives. Of that, $11.7 million qualifies for the WEDC tax credits.
The company is projected to employ 50 people when it opens in 2017, and expand to 129 full-time positions once it is fully operational.