Vonco Products LLC is relocating its operations from northern Illinois to Salem, Wisconsin in Kenosha County, company and state officials said.
Vonco, which has been creating customized flexible packaging solutions for more than 60 years, has outgrown its current facility in Lake Villa, Illinois, and will be moving to an 80,500-square-foot facility at the Salem Business Park in Salem, Wisconsin.
The company expects to invest more than $4 million in equipment at the facility and create 86 jobs over the next three years.
“I would like to personally welcome Vonco to Wisconsin and thank the company for making this commitment to the state,” says Lt. Gov. Rebecca Kleefisch. “The fact that Vonco and other companies have decided to relocate to Wisconsin in the last six years demonstrates that our efforts to create a positive business climate and strengthen our workforce are making a real impact.”
For Keith Smith, president of Vonco, the move signifies an opportunity to expand the company’s capacity and capabilities.
“We were very impressed with what the Wisconsin Development Corp. (WEDC) and its partners put together, and we also wanted to thank the Kenosha Area Business Alliance (KABA) for the role they played in bringing the various parties together to complete this deal,” Smith says. “We’re very excited about what our new location means in terms of delivering solutions for our customers, especially with the launch of our new division focused on liquid-tight packaging.”
To help attract Vonco to Wisconsin, WEDC authorized the company to receive up to $500,000 in state tax credits over the next three years. The actual amount of tax credits received will be contingent on the number of jobs created during that time. The company is expected to take occupancy in June 2017.
Vonco Products LLC