Gov. Evers, Wisconsin Economic Development Corporation: Celebrate Catalent’s $45 million expansion, adding to the state’s booming biohealth sector
Catalent investment has created 200 new highly skilled biohealth jobs, further advancing Wisconsin’s status as a U.S. Regional Tech Hub
MADISON — Gov. Tony Evers, together with the Wisconsin Economic Development Corporation (WEDC), today joined Catalent leaders and officials to celebrate the company’s recent announcement of an estimated $45 million investment to expand their facilities and purchase new equipment for its production facility in Madison, which has created approximately 200 new highly skilled jobs.
During today’s event, Gov. Evers announced that the Evers Administration, through WEDC, is supporting Catalent’s expansion by authorizing up to $2 million in performance-based business development tax credits. The actual amount of tax credits received is contingent upon the number of jobs created and the amount of capital investment during that period.
