BELOIT (WREX) — Seal-Rite Door, which designs high-performance, residential doors, announced Tuesday it is relocating its operations from Rockford to Beloit, where it will open a new facility.
Seal-Rite spent more than 15 years in Rockford, but says it is moving to Beloit for a state-of-the-art facility that will increase efficiency and overall production. In a news release, the company says “those capabilities are unavailable at the current location.”
The company will open the 105,000-square-foot facility in the Wisconsin Stateline Industrial Park by early next year. The company expects to bring 84 jobs to Wisconsin as a result of the $16 million expansion.
To support the company’s decision to relocate here, the Wisconsin Economic Development Corporation awarded Seal-Rite with up to $250,000 in state tax credits over the next 3 years. The actual amount of credits the company will receive is contingent upon the number of jobs created during that time.
In addition to the 84 jobs expected to be created in Wisconsin by Seal-Rite, a WEDC economic modeling study estimates the project could indirectly generate 81 additional jobs in the region. The 165 total new jobs are expected to generate about $1.4 million in state income tax revenue over a five-year period.
“Our new location will benefit our business and the customers we serve, as well as provide us with the opportunity to expand our pre-finished door business using the latest technology to further enhance the quality of our products,” said Ron Calhoun, president and CEO of Palmer-Donavin, who joined local and state officials today in announcing the move. “This is a significant milestone for the future Seal-Rite, and we look forward to our success and continued growth in Beloit. We are excited about working together with the local community to find the skilled workforce necessary to make that a reality.”
13 News is covering this story today and will have more information on it on 13 News at 5 and 6.