CHIPPEWA FALLS, Wis. (WEAU) -- The Wisconsin Economic Development Corporation (WEDC) announced Wednesday it is providing Mills Fleet Farm with a $1.5 million loan to support the company’s expansion in Chippewa Falls.
“This project will provide an economic boost to Chippewa County, the region and the entire state,” said Barb LaMue, vice president of business and community development for WEDC.
Gov. Walker recently joined company officials along with community leaders in a groundbreaking ceremony at the distribution center.
The City of Chippewa Falls will contribute $10 million in tax increment financing to the project-$7.3 million in a financing grant, $1.29 million for the land purchase, and $1.41 million for sewer, water and storm water extensions.
Hugh Leasum, executive vice president and COO for Mills Fleet Farm, says the Chippewa Falls distribution center will modernize the company’s supply chain and will support the growth of future retail stores in the Midwest.
Mills Fleet Farm has 37 stores in Wisconsin, Minnesota, Iowa and North Dakota.
The $64.8 million project is expected to create 325 jobs and to be completed by early 2018.