Manufacturing

Foxconn Technology Group’s new deal with the state of Wisconsin would generate a return on investment by 2028 if the company hits its hiring and investment targets, according to a Wisconsin Economic Development Corp. staff review of the contract.

Sussex-based Quad/Graphics Inc. has moved out of a 388,800-square-foot facility in Menomonee Falls due to consolidation of distribution operations.

More than half of the jobs Foxconn and its related entities committed to creating in a new tax incentive deal with the state of Wisconsin are expected to be with Foxconn Industrial Internet’s U.S. subsidiary.

The renegotiated contract between Foxconn Technology Group and the state of Wisconsin offers the company up to $80 million in tax credits if the company hits certain hiring and investment targets.

Milwaukee-based Harley-Davidson Inc. expects a ruling to come in a few weeks for the company’s appeal on a 50% tariff increase for Harley exports to Europe, president, chairman and CEO Jochen Zeitz told analysts on an earnings call today.

Milwaukee Tool is planning to invest $60 million in a new 500,000-square-foot manufacturing facility in Grenada, Mississippi.

An affiliate of Brookfield-based Briohn Building Corp. has acquired Alro Steel Corp.'s former facility in Wauwatosa for $6.5 million, according to state records.

Milwaukee-based Rebel Converting LLC is keeping a presence in Saukville after all.

Harley-Davidson Inc. is facing the prospect of $225 million annually in new tariffs on motorcycles it sells in Europe

Wisconsin Gov. Tony Evers and Foxconn Technology Group vice chairman Jay Lee said Monday that the two sides have reached a new agreement on incentives for the company’s project in Mount Pleasant.