# Wisconsin Aluminum Foundry expands with new foundry in Manitowoc, Wisconsin

Wisconsin Aluminum Foundry will build a 50,000-square-foot foundry and renovate 12,000 square feet of office space in Manitowoc, Wisconsin, supported by an $11 million New Markets Tax Credit investment from Cinnaire. The expansion will create 80 new jobs.

- Type: Expansion
- Announced: 2023-10-17
- Where: Manitowoc, Wisconsin, United States
- Value: $11.0M
- Jobs: 80
- Starts operating: Mar 2024
- Status: announced
- Capacity: 50,000 square feet foundry, 12,000 square feet office
- Products: aluminum- and copper-based alloy 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)

## Sources

- [wisbusiness.com](https://www.wisbusiness.com/2023/wisconsin-aluminum-foundry-century-old-wisconsin-manufacturer-expands-builds-new-foundry-in-manitowoc/), 2023-10-17: "Thanks to the $11 million in New Markets Tax Credits (NMTC) by Cinnaire, the Foundry will be able to expand with more manufacturing and office square footage."
- [seehafernews.com](https://www.seehafernews.com/2023/10/17/wisconsin-aluminum-foundry-receives-11-million-new-markets-tax-credit-investment/), 2023-10-17: "NMTCs will play a huge role in helping us continue to be the type of employer that our community has relied on"

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