Sheboygan’s Rockline Industries Inc. has announced that they are expanding.
The family-owned wet wipe manufacturer said the $19.7 million project will create 54 new jobs is being supported by the Wisconsin Economic Development Corporation.
The WEDC is contributing up to $380,000 in state income tax credits over the next three years. As is the case with most of these agreements, the actual amount of tax credits Rockline will receive is contingent upon the number of jobs created and the amount of capital investment during that period.
In addition to the 54 jobs expected to be created by Rockline, an economic modeling study estimates the project could indirectly generate 25 additional jobs in the region.
Those 75 new jobs are expected to generate $127,467 in state income tax revenue annually.