Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Marshfield says Yellowstone Industrial Park certified by state economic agency; 23-acre parcel added to TIF District 12
Summary
City presenters said Yellowstone Industrial Park completed state certification and that an adjacent 23-acre parcel purchased with UW Extension help will be incorporated into TIF District 12 to support future development and incentives.
Marshfield presenters said the Yellowstone Industrial Park has been certified by the Wisconsin Economic Development Corporation and that an adjacent 23-acre parcel recently purchased will be incorporated into Tax Increment Financing District 12 to provide development incentives.
The certification, the presenters said, follows due-diligence studies including wetlands, geotechnical, endangered-resources and archaeological reviews and a Phase I environmental site assessment; officials said the designation reduces common siting delays for developers and signals the site is ready for immediate development.
In a presentation, a staff member (Presenter 2) said, "We're very fortunate to work overtime with the UW Extension to purchase a 23 acres directly adjacent to Yellowstone Industrial Park. That location was perfect. It's right next to the industrial park and easy to add on. We're able to incorporate it into TIF District 12." The presenters characterized the move as intended to create incentive opportunities for incoming companies.
The Yellowstone site was described as a 123-acre industrial park positioned near major transportation routes. Presenters said the area is suitable for manufacturing, logistics, food and beverage distribution, research and genetics, wood production and agriculture. One presenter (Presenter 3) noted the local economy includes precision manufacturing and specialty customers: "One of the few customers that we get to be public with is a company called Stratolaunch that we do work for. And so they do, hypersonic testing and they have actually the world's largest airplane," the presenter said.
Presenters highlighted regional access: the park is within minutes of U.S. Highway 10 (a four-lane highway that connects to Interstate 39), and the Central Wisconsin Airport is about 40 minutes away. They also cited a workforce and education pipeline, saying Marshfield offers K-12 schools and local two- and four-year degree programs to support industry needs.
Speakers pointed to existing nearby employers to illustrate demand and local capacity: Packaging Corporation of America (a Fortune 500 company), Winebrenner Shoe Company (noted as operating for about 125 years and described as building a multimillion-dollar facility expected to be completed in 2026), PreventionGenetics (identified as part of Exact Sciences in the presentation) and Marshfield Clinic Health System (described as more than 12,000 employees across clinics and hospitals). The presentation also referenced a broader Sentergy region population of more than 300,000 as the local labor and market area.
The presenters framed the combined certification and land addition as an effort to shorten permitting timelines and provide immediate shovel-ready options for companies considering Marshfield. No formal governing-body vote or ordinance was described in the presentation materials provided.
