# Hewlett Packard Enterprise to Invest $75 Million and Add 75 Jobs in Chippewa Falls

> Hewlett Packard Enterprise will invest $75 million over five years in Chippewa Falls, adding 75 jobs with up to $5.1 million in Wisconsin tax credits.

- Published: 2026-10-16T23:58:37+00:00
- Section: Expansion
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-16/hewlett-packard-enterprise-chippewa-falls-expansion
- Source: [EIN Presswire](https://www.einnews.com/article/950264606/live)

## Key takeaways

- Hewlett Packard Enterprise plans a $75 million, five-year expansion of its Chippewa Falls operations, creating 75 high-skill jobs.
- The Wisconsin Economic Development Corporation is authorizing up to $5.1 million in performance-based Enterprise Zone tax credits for the project.
- HPE employs nearly 500 Wisconsinites in Chippewa Falls and exceeded its 2021 commitments by investing more than $25.9 million and creating 120 jobs.

[Hewlett](https://akta.pro/company-profiles/00002d6/hewlett-packard-enterprise-development-lp) Packard Enterprise plans to invest $75 million over five years to expand its Chippewa Falls operations and add 75 high-skill jobs, the Wisconsin Economic Development Corporation said. EIN Presswire [reported](https://www.einnews.com/article/950264606/live) the expansion, announced by Gov. Tony Evers and the WEDC, supports growing demand for artificial intelligence and high-performance computing.

## HPE's Chippewa Falls Investment and WEDC Credits

HPE currently employs nearly 500 Wisconsinites at its Chippewa Falls location. The WEDC is authorizing up to $5.1 million in performance-based Enterprise Zone tax credits to support the project, building on an $8 million EZ agreement with HPE that Evers announced in 2021.

"I'm glad that through WEDC and our partnership with Hewlett Packard Enterprise, we're ensuring Wisconsin continues to advance its position as a hub for advanced technology and innovation, while bringing in new, family-supporting jobs in Chippewa Falls," Evers said.

HPE will use the $75 million investment to expand its testing, warehousing and manufacturing capabilities in Chippewa Falls. "Demand for AI and high-performance computing is growing rapidly around the world, and Chippewa Falls plays an important role in helping HPE deliver the technologies our customers rely on every day," said Mark Bakker, HPE executive vice president and general manager of operations.

HPE established its Chippewa Falls location after purchasing the facility from Cray Inc. in 2019. Under the 2021 agreement, HPE exceeded its commitments by investing more than $25.9 million in Wisconsin, creating 120 new jobs and retaining 486 positions. The WEDC Board of Directors approved an amendment to the original 2021 contract in July, increasing the total available credits to $13.1 million and extending the contract by five years.

## HPE's AI Backlog and Revenue Growth

According to akta.pro [company records](https://akta.pro/company-data), Hewlett Packard Enterprise reported Q2 FY2026 revenue of $10.68 billion, up 40% year over year, and a record total AI backlog of $5.9 billion. The same records show a free cash flow forecast boosted by 75% in Q2 FY2026 to a minimum of $3.5 billion for FY2026.

## Earlier HPE Moves in 2026

In May 2026, HPE completed the divestiture of its remaining 19% stake in H3C Technologies for approximately $1.357 billion, according to akta.pro company records. In March 2026, the company launched HPE AI Grid with NVIDIA, a distributed AI fabric connecting data center and edge GPU capacity for shared inference, with Orange Business as initial operator and Comcast field trials.

## Wisconsin's Next Steps for the Expansion

The WEDC Board of Directors approved the contract amendment in July 2026, extending the agreement by five years. The expansion's $75 million investment is planned over the next five years.

## Companies in this story

- [Hewlett Packard Enterprise Development LP company profile](https://akta.pro/company-profiles/00002d6/hewlett-packard-enterprise-development-lp) · website: https://www.hpe.com

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