Beloit and Rock County will get a boost when Ohio-based Toledo Molding & Die Inc. establishes operations in Beloit, a move that is expected to create 118 new jobs.
The company, a global supplier of interior and air/fluid management systems for the automotive industry, will be manufacturing molded automotive parts for Jeep Cherokees produced at the Fiat Chrysler plant in Belvidere, Ill.
The Wisconsin Economic Development Corp. is providing the company up to $750,000 in business development tax credits, contingent upon the number of jobs created over the next three years.
