Commerce Secretary Richard Leinenkugel visited River Falls Jan. 28 to announce $108,000 in economic development tax credits awarded to NELA Ternes Register Group, a company that moved its U.S. headquarters in summer 2009 from Minnesota to the Whitetail Ridge Corporate Park in River Falls.
NELA brought over 62 employees with it and has committed to creating 20 more jobs, the River Falls Journal reported.
Germany-based NELA is the largest register and plate automation company in the printing industry. Register systems include in-line punching and bending systems for newspaper and commercial printing, plate automation, and plate transportation systems.
The $1.85 million project includes the remodeling of the former 53,000-square-foot Hal’s Millwork facility in River Falls to accommodate the company’s operations.