Given the increasing demand from customers, Dynamic ratingswhich provides monitoring, control and communication solutions for electrical equipment, plans to build a new 150,000 square foot corporate headquarters in Sussex. The company is currently located at N56 W24879 N. Corporate Circle and plans to begin construction on the new headquarters at N53 W25314 Highlands Court in the Highlands Business Park in September. The company moved into the 23,000 square foot facility in Corporate Circle in 2014. “This new construction project is part of Dynamic Rating’s strategy to increase production capacity and meet the needs of our customers,” said Tony PinkGeneral Manager and Vice President of Dynamic Ratings, in a statement. “We are proud to share the good news of this significant investment in our community and help the energy sector meet complex and evolving challenges presented by the ever-increasing need for more electricity.” The project, which could be completed in fall 2025, will include hiring 32 additional employees, according to the company’s statement. Dynamic Ratings purchased the 8.5-acre property on Highlands Court for $1.4 million from the Wauwatosa-based commercial real estate firm Wangard Partneraccording to state records. The property is part of a 149-acre development northwest of Highway 164 and County Highway K led by Wangard, which is targeting the development to a variety of commercial users, including light industrial, hospitality, health services and retail. Current tenants of the business park include Kwik Trip, Adron Tool Group, Stag Industrial and The Marek Group. Dynamic Ratings has offices and clients around the world, according to its website. The company is a wholly owned subsidiary of Australia-based Wilson Transformer Co.
Dynamic Ratings provides condition monitoring products and services to the utility industry to improve the safety and reliability of their assets, according to the company’s website. Dynamic Ratings’ services include online condition-based monitoring, transformer monitoring, circuit breaker and switchgear monitoring, and substation asset management, among others.
