# Wisconsin Aluminum Foundry to build new foundry in Manitowoc with $22M NMTC investment

Wisconsin Aluminum Foundry received $22 million in New Markets Tax Credit investments from Cinnaire and Impact Seven to build a new 50,000-square-foot foundry and renovate 12,000 square feet of office space in Manitowoc, creating about 80 jobs.

- Type: New facility
- Announced: 2023-11-02
- Where: Manitowoc, Wisconsin, United States
- Value: $22.0M
- Jobs: 80
- Status: announced
- Capacity: 50,000 sq ft foundry
- Products: aluminum castings
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Wisconsin Aluminum Foundry](https://endata.com/companies/53948.md)
- [Cinnaire](https://endata.com/companies/73470.md) (investor)
- [Impact Seven](https://endata.com/companies/73471.md) (investor)

## Sources

- [thebusinessnews.com](https://thebusinessnews.com/northeast/at-the-forefront-of-the-foundry-industrys-future/), 2023-11-02: "The Wisconsin Aluminum Foundry received a total of $22 million between Cinnaire and Impact Seven to build a new foundry in Manitowoc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.