MADISON, WIS. — Kwik Trip Inc., a convenience store chain operating more than 600 locations in Iowa, Minnesota and Wisconsin, has unveiled a $300 million capital investment project.
The largest component of the project involves upgrades to the company’s bread and bun operations. Kwik Trip said it will invest $42 million in a new 200,000-square-foot bread and bun production plant and $71 million in new equipment for the bread and bun production facility.
The new bread and bun facility will include two lines that will enable Kwik Trip to significantly increase its production of bread and buns. Additionally, as a result of shifting production of bread and buns into a new plant the company said it plans to make a significant investment in the existing bakery to enhance the capabilities for sweet goods production.
Construction of the new bakery is expected to be completed by the fall of 2018, Kwik Trip said.
In addition to the investment in its bread and bun operations, Kwik Trip said it is planning multimillion dollar expansions and improvements to its dairy manufacturing facility, kitchen operations and transportation fleet.
|John McHugh, director of corporate communications and leadership development for Kwik Trip|
“The multimillion dollar capital expenditures in Kwik Trip’s bakery, dairy, kitchen and transportation facilities will generate a significant return on investment for the state of Wisconsin and the city of La Crosse in the form of new and expanded tax base, job opportunities for our co-workers, construction contractors, subcontractors and suppliers,” said John McHugh, director of corporate communications and leadership development for Kwik Trip. “This will result in the purchase of additional fleet vehicles and the construction of more efficient production plants that will create higher capacity, productivity and cost savings, which will allow Kwik Trip to better accommodate the needs of our guests in the 621 stores and numerous communities we currently serve.”The Wisconsin Economic Development Corp. has authorized Kwik Trip to receive up to $21 million in state income tax credits over the next five years to complete the project, which is expected to create more than 300 jobs in the La Crosse, Wis., area.