Corporation are pleased to present , a

430-acre development at the intersection of I-90/90 and I-43 just north

is also included in Tax Increment District #10, making other development
incentives available for your business.
Located within 300 miles of Beloit:
of the nation's population
of all U.S. business operations
of the nation's manufacturing companies
of all U.S. manufacturing volume
of the nation's top 20 metro manufacturing centers
---
- Entire park is designated shovel ready" for manufacturing and
distribution by the site selection consultant team of Ady-Austin
- Excellent location at the intersection of I-90/39 and I-43, just north of
the Illinois/Wisconsin border
- Adjacent interstate visibility and access
- Available quality workforce
- Advantageous Wisconsin business climate
- Economic development incentives available
- Low energy costs
- Flexible lot sizing - 2- to 63-acre sites
- Value protecting, high-quality architectural standards
---
- Central distribution location
- Dynamic, pro-business city
-
Development Corporation






- -

-


Greater Beloit Economic Development Corporation
300 Public Avenue
Beloit, WI 33311
(608) 364-6748
-
Companies located in or near
Center, Morse Group, Specialty Tools, Diamond Foods, Alliance Development, and Kerry
Ingredients and Flavours.





Kettle Foods
Kettle Foods
Alliance Development
Staples Fullfillment
Center
Specialty Tools
Morse Group
1630 Apex Dr.
Kerry Inc.
Kerry Inc.
Kerry Inc.
Kerry Inc.
97.7
ACS
71.09
ACS
126.7
ACS
67.78
ACS
65.71
ACS
89.7
ACS
43.71
ACS
42.53
ACS
40.92
ACS
38.06
ACS
32.01
ACS
32.94
ACS
39.5
ACS
27.69
ACS
38.54
ACS
22.35
ACS
51.46
ACS
21.06
ACS
19.25
ACS
19.08
ACS
58.37
ACS
17.67
ACS
13.64
ACS
15.18
ACS
14.57
ACS
14.54
ACS
12.94
ACS
13.21
ACS
24.76
ACS
11.12
ACS
12.22
ACS
10
ACS
9.55
ACS
9.28
ACS
31.07
ACS
22.93
ACS
10.14
ACS
10.18
ACS
7.95
ACS
7.05
ACS
7
ACS
7.12
ACS
9.1
ACS
6.71
ACS
6.53
ACS
6.53
ACS
25.97
ACS
8.29
ACS
6.3
ACS
18.67
ACS
6.25
ACS
6.08
ACS
6
ACS
6.02
ACS
5.83
ACS
5.21
ACS
5.2
ACS
5.13
ACS
4.99
ACS
38.54
ACS
4.88
ACS
4.29
ACS
4.24
ACS
4.22
ACS
4.05
ACS
3.93
ACS
3.93
ACS
3.9
ACS
3.85
ACS
3.79
ACS
3.64
ACS
3.44
ACS
9.19
ACS
3.17
ACS
3.1
ACS
2.92
ACS
47.55
ACS
2.85
ACS
2.19
ACS
2.53
ACS
3.86
ACS
6.55
ACS
5.69
ACS
5.63
ACS
4.83
ACS
4.7
ACS
22.07
ACS
3.84
ACS
3.4
ACS
3
ACS
5.77
ACS
2.52
ACS
2.45
ACS
2.23
ACS
2.22
ACS
2.19
ACS
2
ACS
1.86
ACS
1.78
ACS
1.76
ACS
1.59
ACS
1.46
ACS
1.56
ACS
1.6
ACS
1.45
ACS
1.62
ACS
7.41
ACS
1.4
ACS
1.38
ACS
1.36
ACS
1.27
ACS
ACS
1.84
ACS
1.01
ACS
2
ACS
0.92
ACS
0.75
ACS
0.68
ACS
0.72
ACS
ACS
0.55
ACS
0.52
ACS
0.51
ACS
0.51
ACS
0.48
ACS
0.47
ACS
0.37
ACS
0
ACS
0.43
ACS
0.26
ACS
0.42
ACS
0.43
ACS
0.4
ACS
0.37
ACS
0.37
ACS
0.33
ACS
0.34
ACS
0.34
ACS
0.33
ACS 0.33
ACS
0.33
ACS
0.33
ACS
0.32
ACS
0.32
ACS
0.32
ACS
0.31
ACS
0.31
ACS
0.31
ACS
0.3
ACS
0.27
ACS
0.26
ACS
0.26
ACS
51.46
ACS
5.17
ACS
12.92
ACS
4.29
ACS
6.08
ACS
8.67
ACS
15.75
ACS
3.99
ACS
COLLEY RD
E COLLEY RD
ULL
VENTURE DR
GATEWAYBUSINESS PARK
TID 10
C-1 Office District - 19.74 Acres Total
Vacant & Buildable Multi-Family Land - 15.18 Acres Total
Vacant & Buildable Industrial Land - 284.86 Acres Total
Public / Utility - 34.68 Acres Total
Sold and/or Developed - 164.16 Acres Total
Sold Undeveloped - 88.04 Acres Total
0 500 1,000
Feet
-
Created by: Keith Houston
Engineering Division
April 4, 2013
Gateway Business Park Map.mxd
- -
Building Set Backs:


Parking Set Backs:


Minimum Building Size:

Land/Building Ratio:

- -
- Plan review is completed locally, allowing for
fast-tracking" of permit applications. Permits normally
are issued within 30 days, with ealy-start permits avail-
able.
- Quality Covenants/City Site Review and Landscape
Standards
Construction must begin within one year of land sale
closing.
M-1 and M-2
- 1 to 63 Acres





-
-
As is located in the City of Beloit's Tax Incremental Finance District
(TID) #10, the City of Beloit may consider providing a Direct Developer Incentive for projects
that generate new increment (new property taxes) and create and/or retain jobs. Direct Developer
Incentives are cash payments made to a business or developer which are calculated as a
percentage of the property taxes paid by that development for a period of years following
- -
Since the development is located in a TIF district, the City has provided industrial-quality streets,
utility services, and other required infrastructure improvements without assessment or charge of
no cost if necessary.
- ---
When appropriate, the City will apply for a TEA Grant and/or other Grants from the State of
program is a matching grant program with projects capped at $1 million, and will fund $3,000
for every FTE created and retained. For more information, please visit www.dot.wisconsin.gov/
business/econdev/tea.htm.

Companies that locate or expand in the City of Beloit are eligible to claim tax credits for job
creation for full-time positions that are Wisconsin residents. Credits generally range between
$3,000 and $8,000 per FTE created. Furthermore, companies located and conducting
economic activity in the Development Zone will be eligible to claim state income tax credits for
-- -
amount of State income tax credits by applying directly to the State through the Wisconsin
the same way as the income. Tax credits can be carried forward for 13 years. Eligible business
activities include:
Tax credits can be earned through the creation of new, full-time
positions that pay at least $10.88 per hour. Businesses must create the jobs within
three years and maintain them for at least two additional years. Tax credits will be
released on an annual basis, in direct proportion to the number of jobs created.
Tax credits may be earned through capital investment for
property and equipment. Expenditures for working capital, employment costs,
moving costs, intellectual property and unrelated fees and permits are not eligible.
Tax credits will be released on an annual basis, as eligible expenditures take place.
Businesses whose primary activity includes such things as retail, commercial
development, recreation, entertainment, or direct health care are not eligible to
earn tax credits through capital investment.
Tax credits may be earned through many types of training
provided to existing and new employees in full-time positions. Training must be
costs, and trainer materials. Tax credits will be released on an annual basis, as
eligible training costs are incurred.
Tax credits may be earned by businesses locating
global, national, divisional, or regional headquarters operations to Wisconsin or by
businesses whose existing Wisconsin headquarters are at risk of leaving the state.
Credits will be allocated on a per-job basis.
For more information, please contact WEDC Account Managers at http://wedc.org/ram-contacts.

As previously noted, the City of Beloit will fast-track" all review processes within its control and
early-start permits available.
--
provides fast accurate information on permitting questions 24/7. Users are asked questions that
from the site. Visit the site at http://dnr.wi.gov/permitprimer.





-
(OTJ) training. Funds cover up to 30 of the employee's hourly wage associated with the
employers are eligible; pending they hire a dislocated Rock County worker. Fund availability
varies, depending on dislocation activities and program interest. Skill assessments are determined
and formal contracts are established between the Client and SWWDB on a case-by-case basis.
Contact SWWDB, at (608)741-3430.
--
the job-related skills of a business's full-time employees. Grant funds may be approved for
eligible training provided to existing and new employees in full-time jobs. Contact WEDC
Regional Account Managers at http://wedc.org/ram-contacts.
-- -
WEDC may provide Direct Funding (loans) to businesses. Given the high level of demand and
WEDC Direct Funding loan funds will be made available for working capital, equipment,
training, building construction and improvements, land acquisition, private infrastructure
improvements, asset acquisition, and lease payment reduction for property owners. Contact
WEDC Regional Account Managers at http://wedc.org/ram-contacts.
--- -
the balance 40 coming from a federal government issued debenture obtained through the state

needs for real estate and depreciable assets and will take an automatic second position behind
eliminate blight, redevelop property or buildings that have been vacant for a prolonged period of
time, and/or support or contribute to one of the City of Beloit's target industry clusters may also

National Bank, Blackhawk Bank, First American Credit Union, and Gateway Community Bank to
and or investment. Applications for this fund are required to meet conventional underwriting
banking requirements.
-
Without incentives, the purchase of electrical power will generally be as much as 13 to 20
cheaper in Alliant Energy territory than properties served by Commonwealth Edison in Illinois.
You and your company may also negotiate in advance with Alliant Energy to determine the actual
cost of power for your business. (See Utility Incentives below.)
-
assist manufacturers in reducing their utility costs. For a limited time, Alliant is able to provide
improvements.
- -
bonds for your new construction and new equipment purchases for an industrial facility for their
communities. Industrial revenue bonds are tax exempt and interest rates typically from 1.3 to 2.3
sizable, can be spread out over the term of the bond issue. Companies interested in this program
will need to hire a Bond Council.





A side-by-side
comparison of tax
rates in the State
of Wisconsin and
Illinois
ILLINOIS TAX RATES
Corporate Income
Base: Net Income
Rate: 9.5%
(7% corporate tax plus a personal
property replacement tax of 2.5%)
Apportionment: 100% sales
Personal Income
Rates: 5%
(S corporations, trusts, and
partnerships pay an additional personal
property replacement tax of 1.5% of
net income)
Property
Base: Real property
Sales & Use
State rate: 6.25%
(exemption for mfg. equipment)
Local option rate: 0.25% to 3.00%
Combined rates: 6.25% to 9.25%
Cook/DuPage County: 9.00% / 7.75%
Unemployment Compensation
Base: $13,560
Rates: 0.7% to 8.4%
New Employers: 3.8%
City of Chicago Additional Taxes
Employers Expense Tax, Vehicle
Fuel Tax, Telecommunications Tax,
Transactions Taxes
WISCONSIN TAX RATES
Corporate Income
Base: Net Income
Rate: 7.9%
(plus a recycling surcharge equal to
3.0% for corporations with at least $4
million in gross receipts (minimum
surcharge $25; maximum $9,800)
Personal Income
Rates: 4.60% to 7.75%
(recycling surcharge also applies to
net business income of individuals at
the rate of 0.2%)*
Property
Base: Real property and tangible
personal property (exemptions for
machinery and equipment used in
manufacturing; manufacturing,
merchant and farm inventories; and
computer hardware and software)
Sales & Use
State rate: 5.00%
(exemptions for manufacturing
equipment, manufacturing
consumables, pollution control
equipment, and production fuel and
electricity)
Local County option: 0.50%
Stadium Taxes: 0.1% in metro-
Milwaukee; 0.5% in Brown County
Premier Resort Tax: 0.5% Bayfield,
Eagle River; 1.0% in city of WI Dells
and the Village of Lake Delton
Combined rates: 5.00% - 6.60%
Unemployment Compensation
Base: $13,000
Rates: 0.27% - 9.80%
New Employers: 3.6% to 4.1%
New Construction Employers: 6.60%
ForwardWI.com
WISCONSIN VS ILLINOIS TAX RATES

- - -

COLLEY RD
E COLLEY RD
GROVE ST
0 0.25 0.5 0.75 1
Miles





direct interstate access to Chicago, Minneapolis, and Chicago.
Beloit is a community with a large and diverse workforce,
as well as a rich industrial heritage.