Ingeteam Inc., which has its headquarters in Bilbao, Spain and is made up of 28 companies employing more than 3,500 people, intends to begin construction on the project in April so it can be finished by the end of the year.
The production facility will be approximately 100,000 square feet in size and will focus on manufacturing its Indar-brand wind power generators and Ingeteam converters, as well as solar power inverters. When working at its full capacity, the plant will be capable of producing 7,500 megawatts of green energy every year.
"After carefully analyzing our company's needs, we selected Milwaukee for our new production facility because the city is conveniently located for distribution of our products and has a solid industrial base from which Ingeteam can source materials," said Ander Gandiaga, Ingeteam's corporate director for international development.
At the moment, Ingeteam has a 12-15 percent market share of the worldwide wind power component market. However it has yet to spread into America and will use the Milwaukee plant as a means to do so.
