Plexus to build $50 million plant in Neenah

CREATED May. 15, 2012

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NEENAH, Wis. (AP) -- Plexus Corp. says its new $50 million high-tech manufacturing plant in Neenah will create 350 jobs.

Plexus says construction of the plant that will manufacture high-tech electronic components will begin in July. The company will receive up to $15 million in tax credits over a seven-year period through the state's Wisconsin Economic Development Corp.

The tax credits will be tied to the company's capital investment, job retention and creation.

Neenah community development director Chris Haese tells the Appleton Post-Crescent (http://post.cr/JebX01 ) the new plant will also retain 1,000 jobs.

Plexus will also build a $7 million data and development center near its global headquarters in downtown Neenah in 2013.

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Information from: The Post-Crescent, http://www.postcrescent.com