Fiskars to relocate Americas headquarters to Middleton
Fiskars Corp., known for its scissors with orange handles, plans to build a new headquarters in Middleton for its operations in the Americas. The $26.3 million project will combine the company’s operations in Madison and Illinois and could create about 55 jobs. The building will be designed for up to 400 employees and is expected to open in the fall of 2016. The Wisconsin Economic Development Corp. has authorized Fiskars to receive up to $800,000 in state tax credits through 2018. The tax credits will depend on the number of jobs created. In addition, Middleton will provide $3.15 million in tax increment financing for the project. Fiskars, founded in 1649, is Finland’s oldest company. It has had operations in Wisconsin since 1977.