Economic Development

Annex Wealth Management to open Delafield office

Elm Grove-based Annex Wealth Management LLC plans to open an office in the Lake Country area in western Waukesha County. The firm is in negotiations to lease 3,200 square feet of office space in the Purity Building at 2301 Sun Valley Drive in Delafield.

Gener8tor raises $2 million

Startup accelerator gener8tor, which has locations in Milwaukee and Madison, has raised a $2.2 million fund, according to an SEC filing.

Management team acquires Arandell Corp.

Arandell Corp., a Menomonee Falls-based provider catalog printing and omni-channel solutions, announced that board chairman Don Treis and his family have sold the company to president Brad Hoffman and other members of firm's management team.

Fiserv announces Popmoney charity campaign

Brookfield-based Fiserv Inc. has launched a Season of Giving campaign to donate to charity each time someone makes a person-to-person payment.

Low interest financing available for clean energy projects

Companies interested in investing in energy efficiency and waste reduction projects can apply for low interest financing by Monday, Dec. 8. The funding is available from the new Wisconsin’s Clean Energy Manufacturing Revolving Loan Fund (CERLF), a program jointly managed by the Wisconsin Economic Development Corporation and the Wisconsin Department of Administration.

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.
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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.

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