State gains another Illinois company
FNA Group Inc. of Elk Grove Village, Ill., will relocate its corporate headquarters to a new $3 million, 176,000-square-foot facility in Pleasant Prairie. The move will also create at least 165 new jobs.
FNA manufactures electric and gas pressure washers, pumps, hoses, and replacement parts.
In December, FNA announced it would relocate about 100 jobs from its OEM Industries division in Arkansas to Pleasant Prairie in Kenosha County.
State tax credits of up to $700,000 from the Wisconsin Economic Development Corp. (contingent on the number of jobs created), plus the promise of a $1 million loan from the Kenosha Area Business Alliance, likely tipped the scale in favor of moving the corporate headquarters.