WisDOT announces $1.7 million to support Komatsu facility in Milwaukee

MILWAUKEE — The Wisconsin Department of Transportation (WisDOT) announced the new Milwaukee manufacturing facility and headquarters of Komatsu Mining Corp. will be supported by two Transportation Economic Assistance (TEA) grants totaling in $1.7 million.

One grant supports the construction of a railroad spur to provide rail access to Komatsu’s new facility in Milwaukee’s Harbor District. The second grant supports the reconstruction of a section of Kinnickinnic Ave. to allow trucks to access the Komatsu site.

In addition to the TEA grants, the Wisconsin Economic Development Corporation has authorized Komatsu to receive up to $59.5 million in state tax credits.

   ...more

Ken Notes: Poor reporting here, the TEA grant is for a Rail Spur and new road construction to move equipment at the facility. Also they received TIF incentives for the project and there are projected 1,300 new jobs with the project, this means the state is offering 45K per job in tax credits. Again I am not a fan of the difference in amounts of credits available. 45K here 8K there and 0 for most new jobs -- this does not make sense to me...