$3 Million Plant Expansion Proposed

RACINE, WI – A longtime Racine company has just announced a $3 million plant expansion proposal that, according to company officials, could result in the addition of 20 new employees over the next five years.

According to a press release from the RCEDC, Fischer USA is developing plans to expand in the City of Racine and is proposing a 10,000 SF building addition to its existing state-of- the-art manufacturing facility. The expansion is expected to result in $3 million in capital investment and up to 20 new employees over the next 5 years.

The City of Racine and RCEDC have worked closely with Fischer on the expansion plan. Fischer proposes to purchase 32,760 SF of publicly owned land in Pierce Woods Park located east of their existing 38,000 SF facility at 3715 Blue River Avenue.

"With City assistance, this proposed project will secure Fischer in the City and allow them to continue to grow here, creating jobs and maintaining their investment in our community,” Racine Mayor John Dickert said in a prepared statement.

Fischer USA Inc., a division of Fischer Spindle Group headquartered in Switzerland, has had a presence in the City of Racine since 1941 when under the name Precise Products. Fischer USA recently celebrated its 75th anniversary and has been in its current facility since 1956. Fischer USA’s facility currently employs 60 full-time workers that manufacture and service high-speed spindles that are applied in multiple industries, including aerospace.

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