Energy Composites Corp. (ECC), a provider of composites-based solutions to the cleantech sector, has closed on a land purchase for its WindFiber blade manufacturing plant in Wisconsin Rapids, Wis.
The company has also been notified by the Wisconsin Department of Commerce that its application for access to $45 million of tax-exempt coverage under the state's Recovery Zone Bond Program had been approved.
ECC purchased two parcels in the Rapids East Commerce Center – a 54-acre parcel that will be the site of the company's new 535,000 square-foot utility-scale wind blade manufacturing plant and a 41-acre parcel that will house its logistics center.
‘We have narrowed our building contractor selection down, and we believe that the outcome of this competition will deliver a WindFiber manufacturing plant that is certified Gold under the LEED certification process within the boundaries of our initial cost estimates,’ says Jamie Mancl, ECC's founder and president.
The city of Wisconsin Rapids has site improvements under way, and has committed to at least $7.5 million in development incentives, including site improvements, job-creation cash credits and additional cash payments.
SOURCE: Energy Composites Corp.