ONALASKA, Wis. (WKBT) - Governor Scott Walker announced Monday morning that a national electronics re-marketing, recycling, and scrap purchasing and logistic company is expanding its operations in La Crosse County.
Dynamic Recycling, Inc., is planning a $20 million project expected to create around 150 new jobs, a release said.
“I thank Dynamic Recycling for its continued commitment to growing in western Wisconsin and I congratulate the company on its rapid expansion,” Governor Walker said. “While we’re always happy to welcome businesses from outside the state to establish operations here, it’s equally important to support existing Wisconsin companies and acknowledge their contribution to the state’s strong economy.”
Dynamic Recycling CEO Miles Hartner said the company is excited about its ongoing expansion in the state.
“We are humbled by the opportunity to continue our history of doing what’s right for our world, helping create and maintain solid local jobs while still giving back. These are all opportunities to continue living our mission,” he said. “The state of Wisconsin and WEDC have been very supportive and have played a large role in our growth over the past 10 years.”
This is the fifth expansion since it was founded in 2007.
“We are excited to see Dynamic Recycling's continued growth and success as they address an important consumer need.,” said Lisa Herr, CEO of the 7 Rivers Alliance, the regional economic development organization that serves La Crosse County. “We look forward to supporting the expansion of this business and growing workforce in the future.”
In addition to the 153 jobs expected to be created by the company, an economic modeling study estimates the project could indirectly generate 97 additional jobs in the region. Those 250 direct and indirect jobs could generate up to $2.7 million in state income tax revenue over a five-year period.
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