Hewlett Packard Enterprise plans to put $75 million into its Chippewa Falls operations over the next five years, according to an Oct. 15 announcement from the governor's office reported by Volume One.
The company says the work will expand its testing, warehousing and manufacturing capacity in the city, where all of its Wisconsin facilities are based. The expansion is aimed at meeting demand for artificial intelligence and high-performance computing products, and it is expected to create about 75 new jobs. HPE currently employs roughly 500 people locally.
The state is supporting the project with up to $5.1 million in additional performance-based Enterprise Zone tax credits. That builds on an $8 million agreement from 2021, under which the company reported investing more than $25.9 million, creating 120 jobs and retaining 486 positions.
In July 2026, the Wisconsin Economic Development Corporation board amended the 2021 contract, raising the total available credits to $13.1 million and extending it by five years.
HPE's Chippewa Valley presence grew after it bought Chippewa Falls-founded Cray Inc. in 2019. A later investment created a large high-performance computer manufacturing site in the city.
