Industries
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.
Northwestern Mutual confirms Russell plans
Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. has confirmed it is exploring “strategic alternatives,” including a potential sale, of its majority ownership in Russell Investments.
GE acquires API Healthcare
General Electric has announced it has agreed to acquire Hartford-based API Healthcare.
Pallet USA acquires Goeman’s Wood Products
Lannon-based Pallet USA, a portfolio company of Brookfield-based private equity firm Blackthorne Partners, has acquired a majority of the assets of Hartford-based Goeman's Wood Products Inc.
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Richardson Industries sells lumber division
Sheboygan Falls-based Richardson Industries Inc. has sold Richardson Lumber Company to Drexel Building Supply.
Strattec reports strong quarter
Glendale-based Strattec Security Corp. reported fiscal second quarter net income of $3.8 million, or $1.09 per share, up from $2.4 million, or 70 cents per share, in the same period a year ago.
Chase Foundation grant aims to create jobs
The JPMorgan Chase Foundation has awarded a $7 million grant to four Community Development Financial Institutions to help them create jobs in low and moderate income communities, including Milwaukee.
Nye named vice president at Generation Growth
Milwaukee private equity firm Generation Growth Capital Inc. has promoted Thomas P. Nye to vice president.