JANESVILLE — The Janesville City Council approved financing deals Monday night to build a new metal fabrication company to be built on the east side. A.M. Castle company will create up to 90 jobs in the Janesville area.
The company will relocate to Janesville from Chicago and the Twin Cities area. The council approved tax financing deals worth $2.5 million with A.M. Castle and 3800 Enterprise Inc., the company that will own the building. The deal for A.M. Castle will create 90 jobs over the first two years of operation, and the goal is to maintain them for the next decade. The 208,000-square-foot building will be finished by the end of the year, and employees will make about $15 an hour.
Earlier this year the careerbuilder.com website, A.M. Castle had posted job openings for a warehouse operator position in Beloit, Wis. Other online job posting sites advertised positions with A.M. Castle in Beloit. When asked about these job postings, A.M. Castle responded by saying the company “has not finalized plans for our facility footprint yet, but we are considering Beloit, Wisconsin as an option for one of our service centers, among other Midwest locations.”