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Succeed in Greater Racine County

The Greater Racine County Advantage

A hub for global and family-owned firms, innovative industry leaders and start-up companies, manufacturers and logistics businesses, Racine County offers a welcoming and robust business community. 

Businesses in Racine County enjoy the advantages of proximity to Chicago and Milwaukee, and access to the more than 1 million workers within the Chicago-Milwaukee corridor, without the high cost of doing business there.

RCEDC and its partners provide Racine County businesses with almost every service needed to complete an expansion, relocation, financing, or workforce development project. Its dedicated staff is committed to meeting the needs of Racine County businesses and companies interested in expanding or locating in the Chicago-Milwaukee Corridor.

To learn more about doing business in Racine County, contact the Racine County Economic Development Corporation (RCEDC)

+1.262.898.7400

info@rcedc.org

www.rcedc.org

Business Resources

Racine County Advantages

Central Market

  • Convenient Access to Major Cities
  • Manufacturing & Logistics Hub
  • Qualified Workforce
  • Multiple Location Options
  • Available Education & Training Partners

Cost Savings

  • Affordable Real Estate Opportunities
  • Lower Cost of Living
  • Significant Savings on Land
  • Lower Taxes and Utilities
  • Right-to-Work State

Customized Assistance

  • Dedicated Project Staff
  • Location Selection Tools
  • Market and Community Data
  • Financial Incentives
  • Workforce Development Support

State & Local Incentives

Primary State Incentives

  • Lower State Corp. Income Tax Rate

 The Manufacturing and Agriculture Credit essentially eliminates the tax on qualified income from manufacturing activity in the state by providing a 7.5% credit on corporate income. The current state tax on corporate income is 7.9%. This credit is direct and non-competitive.

  • Business Development Tax Credits

 Business Development Tax Credits supports job creation, capital investment, training and the location or retention of corporate headquarters by providing companies with refundable tax credits that can help to reduce their Wisconsin state income tax liability or provide a refund. 

  • Business Opportunity Loan Fund
This program, administered by the Wisconsin Economic Development Corporation, provides businesses with flexible terms based on the economic benefit of the business to the local community, number and quality of full-time jobs to be retained or created, financial viability and other factors.

Primary Local Incentives

Tax Increment Financing

For projects located in a Tax Increment District (TID), the municipality may choose to provide an incentive equal to a portion of the taxable property value added as a result of a project. Job creation and capital investment are considered by the community when determining level of assistance.

Tax Reinvestment Program

For projects located outside of a TID, the Tax Reinvestment Program (TRIP) may be used to provide an incentive equal to the municipal portion of the taxable property value added as a result of a project. Job creation and capital investment are considered by the community when determining level of assistance.

Low Interest Financing

NEED COPY Business Lending Partners (BLP), a division of RCEDC, specializes in processing and servicing a variety of loan programs in Racine County. Additionally, BLP is licensed by the SBA to do SBA 504 lending across Wisconsin.

High Impact Loan Fund

High value, high impact projects associated with investment and job creation or retention may qualify for the County’s High Impact Loan Fund. The Loan Fund provides businesses with 0% interest loans to be paid back over a period of time.

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