Advanced Composite Products and Technology (ACPT), a manufacturer of composites, is establishing its first Wisconsin facility in Marathon County — a $5.2 million project expected to create 13 jobs in the next three years.
Founded in 1977, ACPT is a custom designer and manufacturer of structural components for use in research, commercial, government and private institutions. It has built a reputation in advanced composite engineering in the production of successful applications specialized for aviation, space, defense, marine, performance racing, industrial machinery, and oilfield environments.
The project includes the acquisition and equipping of an existing production facility in Schofield Industrial Park. At the facility, ACPT will manufacture carbon fiber drive shafts, a component of Oshkosh Defense tactical-wheeled vehicles.
The Wisconsin Economic Development Corporation is supporting the project by authorizing up to $150,000 in state incometax credits over the next three years. The actual amount of tax credits ACPT will receive is contingent upon the number of jobs created and the amount of capital investment during that period.