Hoffman Applauds Wieland’s East Alton Modernization Project

EAST ALTON, Ill. – State Rep. Jay Hoffman, D-Swansea, is touting the economic outlook for the Metro East as Wieland North America announced a $500 million commitment to modernize its East Alton facility and support local jobs.

“Our state has taken strong steps to invest in infrastructure and workforce development, and this effort pays dividends when you see projects like this,” Hoffman said. “This investment is going to support local jobs, attract further economic development and position our region for future growth.”

Wieland’s modernization will enable the plant to increase and improve production of copper and copper alloy components that are used for electric vehicles, electric vehicle charging infrastructure and renewable energy production. The $500 investment is being made in part from support from the state through a Reimagining Energy and Vehicles in Illinois (REV Illinois) agreement. Through that agreement, Wieland is eligible for $172 million in tax benefits over 30 years. Additional incentives are included through adjacent East Alton infrastructure projects and additional tax incentives. In total, Wieland’s total incentive package is approximately $231 million.

“Responsibly managing incentives helps to attract and develop large scale projects that can provide enormous benefits to the surrounding area,” Hoffman said. “This plant is going to play a significant role in the economy of tomorrow, and I appreciate the advocacy from Governor Pritzker, Wieland’s leadership and local officials who got this agreement done.”