Issue link: http://www.insightdigital.biz/i/548712
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 15 • I NSIGH T | 15 SATURDAY SEPT. 19 JOIN US FOR OUR 25TH ANNUAL WEEKEND OF EVENTS 5K RUN|WALK • Great for Team Building • 9 am Start at Riverside Park, Neenah • Pet & Stroller Friendly • Support Local Cancer Patients! MARATHON • HALF • RELAY • KIDS RUN • 5K • HEALTH EXPO REGISTER TODAY! www.foxcitiesmarathon.org HURRY! SPACE IS RUNNING OUT! e Wisconsin Economic Development Corporation approved $735,000 in state tax credits to support the expansions. e Kiel location will add 80,000 square feet and create additional space for production, storage and employee facilities. Items such as natural shredded, sliced and snack cheeses, along with cheese dips and frozen appetizers, are currently produced at this location. Company officials say they remain dedicated in the commitment to growing in Wisconsin, and the construction is expected to be complete by late 2016. Sargento Foods is a third-generation, family-owned company with $1.3 billion in net sales and employs more than 1,700 employees. » WEST CENTRAL Shawano, Waupaca, Waushara, Marquette, Green Lake Counties Berlin foundry to close Grede Holdings has announced it will begin layoffs for employees at its Berlin casting facility Sept. 1 and plans to shutter the plant by the end of the year. Grede, which produces cast iron components for transportation and industrial applications, stated the closure is part of a company-wide footprint optimization plan to lower costs and allow greater efficiency at its foundry locations. e first round of layoffs will affect 77 employees, or about 36 percent of the workforce. at will leave 136 workers at the foundry. Grede, which is based in Southfield, Mich., operates 14 foundries in the U.S., including four in Wisconsin. As the company has implemented its optimization plan, it has closed three other U.S. foundries and is consolidating two foundries in Mexico. Send business news updates and photos to edit@insightonbusiness.com.