GENOA CITY, Wis. (WFRV) – A Dutch boat manufacturer moves to Wisconsin.
Wisconsin Governor Tony Evers announced Thursday that Grand Craft Boats LLC, which makes bespoke mahogany watercraft, will be relocating its headquarters and manufacturing from Holland to Genoa City, Wisconsin.
The company has been building boats in Holland for over four decades, his website says.
“We are delighted that Grand Craft has decided to move to Wisconsin. The company joins a long list of exceptional craftsmanship and manufacturing in our state and is sure to be a great addition to our state economy and the southeastern Wisconsin community, ”said Evers.
Grand Craft was acquired by Patrick and Rose Gallagher in February 2021. The company will lease a 20,300 square meter facility in Genoa City. Grand Craft plans to employ 20 workers in Genoa City within three years.
The Wisconsin Economic Development Corporation says it is supporting the project by granting up to $ 125,000 in state income tax credits over the next three years. The actual amount of tax credits will depend on the number of jobs created and the capital invested in the project.
Genoa is about two hours south of Oshkosh.
—News 8 contributed to this report