Oshkosh Corp. to build new headquarters in Oshkosh
OSHKOSH (WLUK) -- Oshkosh Corp. will remain headquartered in its eponymous city.
The company announced Wednesday that it has approved plans to build its new headquarters at the current Lakeshore Golf Course site.
Earlier this month, the city council approved selling 35 acres of the city-owned golf course to Oshkosh Corp. for $3.5 million. The city's plan includes spending about $7.2 million on infrastructure improvements in the area. In addition, the city plans to give Oshkosh Corporation $6 million in tax breaks over 12 years.
Oshkosh Corp. said it had been looking for a place to build its new headquarters for several months. City leaders have said they expect the new headquarters to create at least 200 jobs and save even more.
The company declined a request for an interview, but posted this video on social media:
“I am thrilled that the City of Oshkosh’s proposal was competitive with proposals that Oshkosh Corporation had been considering nationwide,” Oshkosh City Manager Mark Rohloff said in a news release. “I think that this speaks volumes about Oshkosh Corporation’s confidence that the City of Oshkosh will continue to be a great home to the global headquarters of a Fortune 500 company.”
Economic development leaders in Oshkosh say they're happy the company is staying in the city.
“This is a defining economic development project for Oshkosh, the region, and state of Wisconsin. We appreciate Oshkosh Corporation's loyalty to their home community as well as patience and collaboration with the process.” Jason White, president & CEO of the Greater Oshkosh Economic Development Corporation, said in a news release.
The land sale and development agreement are not expected to be finished until April, according to the city. The company said no date has been set for groundbreaking, although the Greater Oshkosh Economic Development Corporation expects construction to begin next spring, with the headquarters being finished by the end of 2019.
Meanwhile, the city will work on plans for the remaining 65 acres of the current golf course property.