Economic Development

WEC Energy Group pledges $2 million to kick-start Milwaukee 7’s next campaign

Group will have 'laser-like focus' on business attraction over next five years, Klappa says

By Lauren Anderson

Jan 29, 2020 11:46 am

m7-4 — Gale Klappa, M7 co-chair and executive chairman of WEC Energy Group.

Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin.

Milwaukee-based WEC Energy Group is making a $2 million commitment to kick-start the Milwaukee 7’s next five-year fundraising campaign. Gale Klappa, M7 co-chair and executive chairman of WEC Energy Group, announced the gift at the economic development partnership’s annual meeting, which was held Wednesday at Northwestern Mutual’s downtown headquarters.

1 of 22

“I’ve been

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now

Critical Milwaukee and Southeastern Wisconsin business news and analysis updated daily.
16 issues per year delivered in print or digitally
Unlimited access to all insider only content on our website, on any device.
Free email alerts.
Extra bonus issues (STUFF and Giving Guide)
Discounted in-person event registration

Click here to purchase a sharable paywall bypass link for this subscriber-only article.

What's New

BizPeople

Submit a BizPeople

Share new hires, promotions and employee accolades with the region's business leaders.

Sponsored Content

Milwaukee-based WEC Energy Group is making a $2 million commitment to kick-start the Milwaukee 7’s next five-year fundraising campaign. Gale Klappa, M7 co-chair and executive chairman of WEC Energy Group, announced the gift at the economic development partnership’s annual meeting, which was held Wednesday at Northwestern Mutual’s downtown headquarters. [gallery td_select_gallery_slide="slide" size="large" ids="496391,496392,496388,496389,496390,496385,496387,496393,496382,496383,496384,496386,496381,496394,496395,496397,496398,496399,496400,496402,496403,496404"] “I've been involved with M7 since its very beginning and we so much believe in it and believe in the results that are so evident and so successful that we want to step forward and kickstart the campaign,” Klappa said. M7’s previous five-year, $10 million campaign concluded at the end of 2019. Over the next five years, M7 will have a “laser-like focus” on attracting more businesses to the seven-county region, Klappa said. He did not disclose the total goal of the new campaign, which is called “Prosperity 2025,” but said more details will be released in the coming weeks. “We think this effort has made a huge difference to the economy and prosperity of the region and that’s why we think it needs to continue and accelerate,” Klappa said. M7 launched in September 2005 as a regional economic development platform for the seven counties of southeastern Wisconsin: Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha. The group markets the region to companies looking to expand operations or relocate. Its work has been executed in five-year campaigns. At the 2020 annual meeting, M7 leaders said the most recent campaign brought 46 “project wins,” representing 10,521 pledged jobs and $1.8 billion of new capital investment in the region. Major contributors to the previous campaign included WEC Energy Group, the Bradley Foundation, the U.S. Economic Development Administration, JPMorgan Chase and the Wisconsin Economic Development Corp.