Powernail, a manufacturer of pneumatic nailers and flooring cleats is moving its headquarters from Lake Zurich, Illinois, to Wisconsin.
“Wisconsin is the perfect location for Powernail,” said David Anstett, president of the family-owned company. “There is a long history of manufacturing and a deep talent base to support our long-term goals. We are thrilled to be growing our company in a production-friendly state like Wisconsin.”
Powernail’s new facility is being built on a 4.5-acre site in Village of Genoa City in southeastern Wisconsin’s Walworth County. The Wisconsin Economic Development Corporation (WEDC) authorized up to $400,000 in state income tax credits over the next three years.
“Our skilled manufacturing workforce will help ensure Powernail’s success here. It’s a win for the region and a win for Wisconsin,” said Missy Hughes, WEDC’s secretary and CEO.
Construction has begun on the $5.7 million, 40,000-square-foot facility. Powernail plans to employ 39 full-time workers within three years.