Marketplace Today Blog

Milwaukee Journal Sentinel

The state Commerce Department announced industrial revenue bond allocations today to two companies to help fund expansions.

The state awarded $1.21 million to Van Zeeland Manufacturing Inc., Little Chute.

Van Zeeland manufactures power transmission products, including sprockets, gears and pulleys. The company is constructing and equipping a 25,500-square-foot facility that will expand its production capacity by 20%, the state said. The $1.4 million project is expected to create eight jobs.

The state also awarded a $5.1 million industrial revenue bond allocation for Traffic & Parking Control Co., Elm Grove, to acquire a production facility in Brown Deer. Traffic & Parking Control makes traffic signs and related equipment.

The company acquired a 128,000-square-foot building that it plans to equip and renovate in a $5.1 million project. The project is expected to create 15 jobs, the department said.