Insight on Business

August 2018

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w w w . i n s i g h t o n b u s i n e s s . c o m A u g u s t 2 0 1 8 • I NSIGH T | 15 and shi it abroad to 'tariff jump.'" Cotti says while steel and aluminum manufacturers benefit from the tariffs on imported materials, many more businesses feel the downside. "For businesses, it costs more to produce their item, whether it's an aluminum beer can or a motorcycle," he says. "Since companies will likely need to increase the price for their final product because it costs more to make, fewer consumers may purchase what they are selling." If the tariffs last beyond a few months and continue to eat into the bottom line, Cotti speculates other U.S. manufacturers may cut workers or follow Harley's lead and move production. "ere is some unfairness in the current trade situation since some countries, like China, support various industries so they can sell their products at a more attractive price overseas," Cotti says. "ese tariffs going back and forth will probably not change that." • INTERSTATE 41 CORRIDOR Brown, Calumet, Outagamie, Winnebago, Fond du Lac Counties Air Wisconsin to build new maintenance facility Air Wisconsin Airlines is building a new 30,000-square-foot maintenance facility at the Appleton International Airport that will create an estimated 80 jobs during the next six months. e project includes a 30,000-square- foot hangar and 70,000 square feet of office space attached to the hangar. Construction is underway, with the hangar being completed by the end of 2018. e new maintenance facility will handle the growing demand for the company's regional jet fleet. Air Wisconsin operates as a regional airline, performing flying services for United Airlines as United Express throughout the Midwest and East Coast. e company has seen a rapid increase in the number of flights operated as part of United Express through Appleton International Airport, which was named the fourth-fastest growing airport in the United States, according to Bloomberg. "e significant increase in our United Express flights serving Appleton and the Fox Cities is indicative of the growth in the local economy and the need to support that growth by providing increased access to convenient air transportation within the U.S. and worldwide on United Airlines for both business and leisure travelers," Christine Deister, Air Wisconsin president and CEO, said in a statement. WEDC grant supports redeveloping site for WG&R e Town of Grand Chute received a $500,000 state grant for the redevelopment of the former National Envelope Corp. building, which was demolished to make way for a new commercial center. e grant from the Wisconsin Economic Development [continued ] » FACT OR FICTION, TAKING THE MYSTERY OUT OF M&A October 16, 2018 | 2:30–5 p.m. Bridgewood Resort Hotel & Conference Center Keynote, panel & breakout sessions with reception to follow. Register at insightonbusiness.com/events/ma/ Presented by: 2018 Mergers and Acquisition Forum In partnership with:

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