A 1991 Iron County Business Retention and Expansion Study of Iron County’s largest employers found:
50% said their employee turnover rates were less than 2%.
Non-union shops common.
Ranked high quality of life, lower labor costs and good banking relationships as having the most positive impact on doing business in Iron County.
87% ranked Iron County as a good to excellent place to do business.
The utility rates in Iron County are the lowest in Wisconsin. Iron County’s electrical needs are served by Xcel Energy (urban areas) and by Bayfield Electric Cooperative (rural areas). Xcel Energy also provides natural gas in selected areas.
Large commercial utility users may expect utility costs as much as 13% lower in Iron County than in other parts of Wisconsin.
Hurley Industrial Park, located just a mile southwest of the City of Hurley, provides 58 available acres with direct highway access and all utilities installed. Zoned industrial, the price per acre is negotiable.
Additional business information is available upon request or visit the Hurley & Mercer Industrial Park pages on our site.
Associated Bank North, Hurley, WI
Associated Bank, Mercer, WI
Chippewa Valley Bank, Hurley, WI
National City Bank, Ironwood, MI
Wells Fargo Bank, Ironwood, MI
Citizens State Bank, Ironwood, MI
Iron County Community Credit Union, Kimball & Mercer
Gogebic Range Bank, Ironwood, MI
Corporate Income Base: Net Income Corporate Income Rate: 7.90%
Capital Stock Net Worth Tax: None
County Sales Tax: 0.05%
Property Tax Exemptions
Manufacturing machinery and processing equipment;
Farm machinery and farm products owned by the producer;
Solar and wind energy systems;
Waste Treatment facility property
Worker unemployment compensation rates that are less than half that of neighboring states.
Base = $10,500
Rates = 1.99 to 11.23%
New Regular Employer Rate = 3.03%
New Construction Employer Rate = 6.58%
Technical Education & Specialty Training Technical training is available at Gogebic Community College in Ironwood, Michigan; at Wisconsin Indianhead Technical College in Ashland, and at Nicolet College in Rhinelander. The Northwest Wisconsin Private Industry Council, which coordinates job training and retraining, is located in Ashland.
Hiring/Training Incentives If your current or new employees need customized training as part of their new assignment, here’s help.
Customized Labor Training Fund
Upgrading of workers’ skills in new technologies is a major emphasis and programs are available to help employers.
Funds are available to administer job training programs to benefit the unemployed and economically disadvantaged.