Industries
Kenosha apartment complex sold for $17 million
Villa Royale Apartments LLC sold the 184-unit Villa Royale Apartments complex at 5418 Washington Road in Kenosha for $17 million, according to Oak Brook, Ill.-based Inland Real Estate Brokerage & Auctions Inc., which represented the seller, an out-of-state operator of multi-family properties throughout the U.S.
Developer proposes minor league baseball stadium in Franklin
Michael Zimmerman, the owner of Greenfield-based Zimmerman Ventures LLC and The Rock Sports Complex LLC, wants to build a minor league baseball stadium at the complex in Franklin.
Acuity achieves record growth
Sheboygan-based Acuity today reported $140 million in written premium revenue in 2013, a record 14.4 percent higher than in 2012. The company has reported and annual increase in net written premium for the past five years.
Pabst Farms developers to seek retailers other than Walmart
Pabst Farms Development has offered not to enter into a purchase and sales agreement with Walmart for at least one year and will instead seek other retailers for the development located northeast of I-94 and Highway 67 in Oconomowoc, according to a statement today from Oconomowoc Mayor Jim Daley.
Construction to begin on new Rishi Tea building
A groundbreaking ceremony will be held on Friday to celebrate the start of construction of a new 50,000-square-foot industrial facility at 185 S. 33rd Ct. in the Menomonee Valley in Milwaukee for Rishi Tea.
Twin Disc down on decreased demand
Racine-based Twin Disc Inc. today reported fiscal second quarter net earnings of $518,000, or 5 cents per share, down from $3.3 million, or 29 cents per share, in the second quarter of 2013.
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A.O. Smith revenue up 11 percent
Milwaukee-based A.O. Smith Corp. today reported fourth quarter net earnings of $42.4 million, or 46 cents per share, up from $39.3 million, or 46 cents per share, in the fourth quarter of 2012.
Gardner Denver named sponsor of Road America race
Chesterbrook, Pa.-based Gardner Denver Inc., a manufacturer of compressors and pumps, will be the title sponsor of the June 21 NASCAR Nationwide Series race at Road America in Elkhart Lake, the race track announced today.
Kohl’s returns land for cancelled HQ
Kohl’s Corp. has returned the 103-acre site where it had planned to build a new 900,000-square-foot corporate headquarters campus in the Woodland Prime Office Park to the village of Menomonee Falls. The company transferred the property to the village in a deal recorded Monday that was worth almost $10 million, according to state records.
Packers to open Milwaukee corporate office
The Green Bay Packers announced today they will open a new marketing and corporate sales office in Milwaukee this spring.
