Business & Tech
Drexel Building Supply New Berlin Facility To Add 50 Jobs
WEDC is supporting the project by authorizing up to $250,000 in state income tax credits over the next three years.
NEW BERLIN, WI— Drexel Building Supply Inc., a leading provider of building materials and services to contractors and homeowners, is expanding its facility in New Berlin—an $11 million project expected to create 50 jobs over the next three years, according to a news release.
The Wisconsin Economic Development Corporation is authorizing up to $250,000 in state income tax credits over the next three years. The actual amount of tax credits Drexel Building Supply will receive is contingent upon the number of jobs created during that period.
Drexel Building Supply is planning to develop a large showroom and distribution center in New Berlin to keep up with increased demand for construction and home improvement materials.
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The new seven-building, 128,000-square-foot complex will be located on a vacant 92-acre parcel in the New Berlin Industrial Park.
These developments will allow Drexel to add new employees and expand its product categories. With the new location, the company plans to deliver to a 60-mile-plus radius daily. WEDC’s assistance is also helping facilitate the company’s statewide growth, the release said.
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Drexel expects to create 100 full-time jobs across the company’s nine locations in Wisconsin. Of the 100, 50 will be created at the New Berlin facility, with the remaining 50 created at other locations. All the current Brookfield employees will be offered their same positions at the expanded New Berlin location.
In addition to the 50 jobs expected to be created by Drexel Building Supply, an economic modeling study estimates the project could indirectly generate 56 additional jobs in the region. Those 106 total new jobs are expected to generate $213,356 in state income tax revenue annually, the release said.
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