Matalco breaks ground on Rapids facility
For the City Times
WISCONSIN RAPIDS – City officials gathered with Matalco representatives on Oct. 1 to celebrate the groundbreaking of a new manufacturing plant in the Rapids East Commerce Center off 48th Street.
This new 110,000 square-foot Matalco manufacturing plant will be equipped with the latest advanced technology and will employ 80 permanent, full-time personnel with an annual production in excess of 230 million pounds of high-quality aluminum billet.
Billet is used in a variety of ways by manufacturers in extrusion, rolling, and other metal-processing operations. The plans for this facility will ensure service to both existing customers and prospective clients as well as to expand their market share.
“As a recycling company, we know you cherish your community,” said Tom Horter, president of Matalco USA Operations. “And now that we are a member of your community, we will seek to become stewards of your environment through responsible and sustainable operation of our facility, and through sponsorship of recycling education in the Wisconsin Rapids area.”
Matalco’s selection process began in 2018, before choosing Wisconsin Rapids as their fifth location in North America, after the State of Wisconsin awarded Matalco with a $1.5 million incentive package to expand in the Midwest region.
“This is a proud moment for the City and its efforts to attract business and good-paying jobs,” said Mayor Zach Vruwink. “Like Matalco, Wisconsin Rapids is investing in its future to be a community of choice for residents and businesses. Investments in modern amenities like aquatics and housing options will ensure all businesses can attract and retain the talent to succeed.”
“What a significant day it is for Matalco, the city of Wisconsin Rapids and the community,” said Angel Whitehead, president of the Heart of Wisconsin Chamber of Commerce. “This is an initial $80 million investment into the community that will bring jobs for every skill level. It will also bring economic business growth throughout the area.
The new plant, which will be located at 4800 Commerce Drive, is expected to be completed in late summer 2020.