Economic Development
State report estimates impact of ‘jock tax’ for new arena
If the state designated income tax paid by National Basketball Association players and team employees to cover the public's costs for building a new arena in Milwaukee, the funds could support approximately $150 million in state general obligation bonding, according to a new Legislative Fiscal Bureau report.
BizTimes launches new BizTracker news service
BizTimes Media has launched BizTracker, a new Wisconsin business news data digital streaming service for its readers.
Fiserv names Schultz group president
Brookfield-based Fiserv Inc. announced Kevin Schultz has been named group president of a newly formed group comprised of the firm's consumer-focused electronic payment platforms and digital channel solutions.
Xten sold out of bankruptcy
Kenosha-based plastic injection molding company Xten Industries LLC has been sold out of bankruptcy to Mundelein, Ill.-based Commercial Plastics Co.
Seiberlich acquires V&L Tool
Milwaukee business executive Kevin Seiberlich and Hamilton Henry Capital have acquired Waukesha-based V&L Tool Inc.
Same-sex weddings could contribute $34 million to state economy
The spending associated with same-sex marriages in Wisconsin is predicted to generate $34.4 million in economic impact over the first three years, according to a study by the Williams Institute, a national think tank based at UCLA School of Law.
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Murray to step down from WEDC
Ryan Murray, deputy secretary and chief operating officer of the Wisconsin Economic Development Corporation, has announced his resignation from the organization.
M&M Office Interiors acquires Middleton furniture company
Pewaukee-based M&M Office Interiors has acquired Middleton-based Paragon Business Furniture Group.
Luxembourg company to acquire SF Analytical
Eurofins Scientific, a world leader in analytical support to the global food market, has announced its pending acquisition of SF Analytical Laboratories in New Berlin.
BMO Harris expands business loans in Wisconsin
BMO Harris Bank is making an additional $3 billion in credit available to business owners in Wisconsin over the next three years.