Racine County businesses benefit from our many community assets:
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Business-friendly communities
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Favorable cost of doing business
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Attractive site and building options
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Active higher education partnerships Regional talent pipeline
Our staff provides customized site selection and technical support to help you gain more insight into our community and facilitate a successful project.
Wisconsin’s Manufacturing and Agriculture Credit essentially eliminates the tax on qualified income from manufacturing activity in the state by providing a 7.5% credit on corporate income*. The current state tax on corporate income is 7.9%. This credit is direct and non-competitive. Note: The credit is a percentage of “eligible qualified production activities income.”
CORP. TAX1
SALES TAX2
WISCONSIN
0.40%*
5.00%
Illinois
9.50%
10.25%
Cook County
Indiana
4.90%
7.00%
Marion County
Michigan
6.00%
6.00%
Cook County
Minnesota
9.80%
8.53%
Wayne County
Companies that consider relocating, or expanding in Racine County have access to a diverse range of incentives to encourage business growth, investment and job creation. Racine County Economic Corporation (RCEDC) works with companies interested in a Racine County location to access incentive assistance to make their project a success in our community. Availability of incentives is determined by project location, capital investment and job creation.
The Racine County Business Support Network offers companies technical expertise and community connections to ensure a successful project. Companies gain access to a range of professional expertise, including: entity establishment, architecture and construction, banking, human resources and staffing, and accounting and logistics networks. In addition, throughout the project approval process, RCEDC staff offers customized site selection and technical support.
| Description | Contact | |
|---|---|---|
| Land & Building Searches | Assistance with identifying potential land sites or buildings to meet the needs of your expansion or relocation project. | Jordan Brown Business Recruitment Specialist, RCEDC 262-898-7444 |
| Talent Attraction, Development, and Retention | Access key programs in Racine County to attract, develop and retain employees at your facility. | Cassandra Glenn Economic Development Specialist, RCEDC 262-898-7438 |
| Research Assistance | Basic research including: economic, demographic and workforce data; market profiles and studies; and supply chain information. | Laura Million Business Development Manager, RCEDC 262-898-7530 |
| Low-Interest Loans | Low interest loans to finance real estate purchases, renovation, and new construction; equipment; furniture and fixtures; and in some cases working capital. Projects are financed in partnership with primary lenders. | Wesley Walsh Business Lending Partners 262-898-7436 |
| State and Local Incentives | Tax credits, low-interest loans, and financial assistance available through the Wisconsin Economic Development Corporation and local municipalities to companies expanding or relocating to Wisconsin. | Laura Million Business Development Manager, RCEDC 262-898-7530 |
| Racine County Matching Grant | Up to $5,000 in grants to qualifying manufacturing, women owned, and minority owned firms to assist with business growth activities including training, consulting, and marketing. Must have less than 200 employees and less than $25M in sales. | Andrea Safedis Business Lending Partners 262-898-7422 |
| Customized Training & Business Resources | GTC offers access to resources to assist businesses in areas including: customized training; business planning and mentoring; product development; professional development; and technical courses and certifications. | Robin Widmar Account Manager, Gateway Technical College 262-898-7548 |
- Tax-deductible contribution (RCEDC is a 501C(3) org.)
- Discounted admission to all RCEDC events
- Support RCEDC’s mission
- Marketing of your company to RCEDC prospects
- Highlight your company as a preferred resource
