WI: France-Based Jacquet Midwest Buys Land, Investing $12M for New Site
10 Aug, 2018
Headquartered in Lyon, France, Jacquet is a service-oriented stainless steel and nickel alloy processing company with 42 facilities worldwide in 21 different countries. With four of its facilities located in the U.S., Jacquet’s Midwest operations have called Racine, Wisconsin, home since 2007.
Jacquet, currently located in a 40,000-square-foot leased facility on 1908 DeKoven Avenue, purchased 10 acres of the Southside Industrial Park for its new headquarters. Planned development of the new Jacquet site will include the construction of two industrial buildings totaling an estimated 109,000 square feet, resulting in a nearly $12 million investment. Jacquet Midwest currently employs 19 and estimates it will add 12 new jobs upon completion of the project
“Racine has always been a great place to do business – especially for manufacturers,” said City of Racine Mayor, Cory Mason. “In 2007, Jacquet chose Racine and more than a decade later, they’re affirming that choice by once again investing in this community.”
Headquartered in Lyon, France, Jacquet Metal Service is a leader in the made-to-measure transformation and distribution of specialty steels such as stainless-steel Quarto plates and nickel alloys, long stainless-steel products, wear-resistant and high-yield steel plates and tool steels. With 109 distribution facilities and 3,300 staff, the Jacquet Metal Service group companies supply a range of industrial sectors, including food, energy, chemical and petrochemical, paper, mines and quarries, public works, steel, naval construction, etc.
“Since opening in September 2007, our location in Racine has allowed us to provide the service oriented stainless and nickel alloy processing with fast turnaround our customers expect,” notes Dan Chatterton, CEO/manager, Jacquet Midwest. “Our new investment will add to Jacquet Midwest’s processing and warehouse capacity to better serve our client base.”