Business View Magazine | September 2020

305 BUSINESS VIEW MAGAZINE SEPTEMBER 2020 Commercial & Industrial Excavating Services Silha & Sons Excavating has 60 years of experience providing complete sitework services in both the private and public sectors in Southern Wisconsin, from mass grading and excavation for all phases of underground utilities to site clearing and demolition. From large-scale earth moving to conveniently located pits, Silha has the breadth of services, depth of knowledge and exibility to easily complete the most complex of jobs. www.silhaexcavation.com | 348 N US Highway 14, Janesville, WI 53546 | (608) 752-4322 JANESV I LLE , WI SCONS IN The industrial economic development policy funded by Tax Increment Financing (TIF) has been a godsend for Janesville. Wisconsin allows industrial development over greenfield sites, where some states do not. That has allowed the city to buy land and prepare it for development with the anticipation of successfully obtaining industrial projects. Every project is different on a needs basis, so the developer needs to demonstrate that need. A project that is going to create $1million in tax revenue over 10 years would be eligible for about $200,000. The largest infrastructure project in the area, right now, is a state project to widen I-39/90 from the state line through Janesville all the way up to Madison. That is a five-year project that will finish up in 2022. The major interstate improvement and widening will be done in 2021, and then 2022 involves some state and local highway connectors, after the bulk of the project is complete. The importance of that project is that the section from Madison to the