WHY MANUFACTURERS CHOOSE WISCONSIN
We build things In Wisconsin®. And we’re good at it. This “can-do” spirit established our manufacturing leadership in the industrial age, and that leadership continues in today’s knowledge economy. Technological advancements made by Wisconsin manufacturers have continued to lead industry trends, in both productivity and sustainability.
Wisconsin’s manufacturers can maximize production with a tax credit that virtually eliminates the tax on income from manufacturing activity in the state. When fully phased in, the effective corporate tax rate for manufacturing and agricultural activities will be just 0.4 percent.
With $150 million invested in worker training, Wisconsin’s manufacturing workforce—one of the best in the nation—prepares to meet evolving industry demands through customized university and technical college training programs focused on productivity and workplace readiness.
With more than 460,000 manufacturing jobs in Wisconsin, the state’s manufacturing job concentration is 84 percent above the national average (Bureau of Labor Statistics, Quarterly Census of Employment and Wages, Annual 2014 Employment). Wisconsin’s diverse and adaptable supply chain is renowned for its quality and is supported by integrated logistics capabilities built to move products quickly and economically.
In partnership with manufacturers across the state, the University of Wisconsin System has achieved center-of-excellence status for more than 100 programs geared toward maximizing the state’s manufacturing capabilities. The statewide economic impact of these centers of excellence is $15 billion per year, underscoring the value they add to Wisconsin’s manufacturing industry.
Manufactured goods account for 84 percent of all Wisconsin exports (U.S. Census Bureau data as reported by Global Trade Information Services), with $55 billion of output (Bureau of Economic Analysis) demonstrating a healthy worldwide demand for products and technologies originating in the state. Mature markets as well as developing economies across the globe benefit from the proven expertise Wisconsin companies have developed and successfully applied both domestically and internationally.