An affiliate of Pleasant Prairie-based
Olds Products Co., a mustard and vinegar processor, has purchased a 43-acre site in Oconomowoc.
The property is located northeast of the Pabst Farms development area, along Pabst Road at the intersection of White Tail Lane. Olds Products purchased the vacant land from
Pabst Farms Development Inc. for $1.7 million, according to state records.
The property is currently zoned for residential uses and is bordered by single family homes to the north, though there are parcels zoned for institutional buildings, multifamily housing and business parks to the south.
Oconomowoc city planner Jason Gallo said the city has not received any inquiries to rezone the property.
Olds Products, Pabst Farms Development did not immediately respond to requests for comment.
Olds Products announced in April 2023 that its
planning a four-phase expansion of its facility in LakeView Corporate Park in Pleasant Prairie. The company built its existing facility there, located at 10700 88th Ave., in 1995 and relocated its manufacturing and administrative operations there from Illinois. It has expanded the facility over time to its current size of 266,000 square feet. The planned expansion projects would add a total of 260,000 square feet of space to the facility and would increase employment there by 60 to 90 additional full-time jobs by 2030.
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Image from Google Maps of the site in Oconomowoc purchased by Olds Products Co.[/caption]
