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InSinkErator parent company Emerson Electric Co. will invest another $63 million in InSinkErator's new headquarters and lab facility to be built in Mount Pleasant and in its current manufacturing facility in Racine, Emerson said. St. Louis-based Emerson (NYSE: EMR), which owns Racine-based InSinkErator, a manufacturer of food waste disposers, said it is investing nearly $34 million in the new Mount Pleasant headquarters, and $29 million for planned improvements in Racine.
The company, announcing the new investments and unveiling final plans and renderings, hosted an event at its Racine plant that featured U.S. House Speaker Paul Ryan, who represents Wisconsin’s 1st District, where InSinkErator is based. “Manufacturers like InSinkErator are the backbone of our economy,” said Ryan. “I truly believe there is no better place to do business in America than the Badger State. I look forward to continuing to work to simplify the tax code and streamline the regulatory process so more businesses of all sizes in southeast Wisconsin can thrive and grow.”
Construction on the new Mount Pleasant facility, on 11.5 acres at the southwest corner of Highway 20 and International Drive that was purchased by Emerson, is set to begin next month, and Emerson is aiming to have the headquarters open in July 2018. “Our new modern headquarters and state-of-the-art lab space will facilitate continued InSinkErator innovation and growth, enabling us to showcase the leading technologies that we’re developing here in Wisconsin,” said Chad Severson, InSinkErator’s president. “With the expansion to Mount Pleasant, we can optimize the layout of the Racine facility for improved product flow and additional capacity.”
By Dan Shafer – Reporter, Milwaukee Business Journal.
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