Ideas

Milwaukee set to close three TIF districts

The City of Milwaukee, Milwaukee Public Schools, and Milwaukee County, in addition to other taxing bodies, will have access to close to $19.4 million in tax base following the proposed closure of three of Milwaukee’s more than 90 tax incremental finance districts or TIDs.

Milwaukee-based Renaissant secures $1.07 million worth of investments

Renaissant, the IT company behind loading dock intelligence platform Dock|C2, has raised $1.07 million in funding to support future growth. The company completed a $770,000 funding round this month and received a $300,000 technology development loan from the Wisconsin Economic Development Corp.

Cielo names new CEO to replace founder Sue Marks

Sue Marks, the founder and chief executive officer of Brookfield-based Cielo, will step down as CEO, and turn the role over to Marissa Geist, the company’s chief operating officer.

Five Wisconsin companies named among World’s Most Ethical Companies

Five Wisconsin companies have been named to the 2022 list of the World’s Most Ethical Companies, by Scottsdale, Arizona-based Ethisphere, which defines and advances standards of ethical business practices.
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Three Near West Side BIPOC business owners get grants from Molson Coors

Three Milwaukee business owners operating out of the city’s Near West Side are the recipients of a $10,000 Tap the Future Grant from Molson Coors.

Amtrak to add second trip between Milwaukee and Twin Cities by 2024

The Wisconsin Department of Transportation and the Minnesota Department of Transportation announced this week that $31.8 million in federal funding has been approved to add a second daily Amtrak round-trip train service between Chicago, Milwaukee and St. Paul, Minnesota.

Brady Corporation’s senior vice president will become new CEO

Brady Corp. is in the middle of a leadership change as J. Michael Nauman, current director, president and chief executive officer, is retiring. Russell R. Shaller will succeed Nauman as president, chief executive officer and director effective April 1.

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