mykenoshacounty.com – The State has announced the custom boat manufacturer to move to the area
The move of Grand Craft from Michigan to Genoa City
State officials announced last week that Grand Craft Boats LLC, a manufacturer of custom mahogany watercraft, will move its headquarters and production operations from Holland, Michigan to Genoa City.
Governor Tony Evers, who jointly announced the move to Wisconsin Economic Development on Oct. 7, said the latest business is a welcome addition to the state.
“Wisconsin’s thriving manufacturing industry and workers around the world continue to attract businesses from around the world,” Evers said.
“We are excited that Grand Craft has decided to move to Wisconsin. The company has joined a long list of exceptional crafts and manufacturing in our state and is sure they will be a strong addition to our state economy and the southeastern community. Wisconsin. ”
Patrick Gallagher, the President and Chief Executive Officer of Grand Craft, and Rose Gallagher, Grand Craft Executive Vice President, got the business in February 2021.
Grand Craft serves the luxury boat segment, combining old-world artisanness with advanced manufacturing processes, up-to-date functionality, and technical innovation.
Grand Craft will lease a 20,300 -square -foot facility located at 1021 Williams Road in Genoa City, which will serve as the company’s headquarters and house its production operations. Grand Craft expects to employ 20 workers in Genoa City over three years.
“Wisconsin is well -suited for Grand Craft. We’re particularly attracted to the strong workforce, as well as the business climate that values and encourages manufacturers like us,” Gallagher said.
“Our products are a perfect match for Wisconsin’s deep tradition of lake recreation and outdoor fun. We’re excited to continue building our business here.”
WEDC supports the project by authorizing up to $ 125,000 in state income tax credits over the next three years.
The true amount of tax credits that Grand Craft will receive depends on the number of jobs created and the capital invested in the project.
“We are excited that Grand Craft will soon be making beautiful boats in Wisconsin,” said WEDC Secretary and CEO Missy Hughes. “The company’s decision to move here is another example of how Wisconsin attracts manufacturers of innovative, best -class products because of skilled workers, strong communities, and outstanding manufacturing infrastructure.”
Grand Craft is receiving a warm welcome from local government and economic development officials.
“The recreation on Lake Geneva is a draw of the whole world, and the area is full of other beautiful lakes,” said Walworth County Economic Development Alliance Executive Director Derek D’Auria. “The area also has a deep manufacturing base and a leading technical college. We’re excited the company has selected Walworth County to locate its operations and headquarters.”
The Milwaukee 7 (M-7) regional economic development organization also worked to attract Grand Craft to Wisconsin.
“Grand Craft is exactly the kind of company that thrived in southeastern Wisconsin,” said M-7 Executive Director Jim Paetsch. “We have a strong and diverse regional economy that continues to add new companies and investments. We welcome Grand Craft and look forward to supporting its growth plans in the coming years.”