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Most economic indicators tracked by MMAC improved in October

Most of the economic indicators tracked by the Metropolitan Milwaukee Association of Commerce improved in October, according to the MMAC’s latest economic trends report.

Moreland Medical Center sold for $20 million

A limited liability company affiliated with Chicago-based Remedy Medical Properties has purchased the Moreland Medical Center complex at 1111 Delafield St. in Waukesha for $20 million.

Company founded by billionaire Penny Pritzker buys new Kenosha distribution center for $28.15 million

An investment firm founded by billionaire Penny Pritzker – Secretary of Commerce under former President Barack Obama and sister to Illinois Governor J.B. Pritzker – has purchased a 279,872-square-foot Kenosha distribution center.
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Menomonee Falls-based Vortakt Barrel Works invests $1.5 million in facility

Menomonee Falls-based gun barrel manufacturer Vortakt Barrel Works is nearing the end of a $1.5 million improvement project at its Shawn Circle facility.

Deposit growth slowed at Wisconsin banks in third quarter

Deposits and loans at Wisconsin banks continued to grow in the third quarter, but the pace of growth in deposits slowed as some consumers tapped into savings to deal with rising inflation, according to the latest data from the FDIC.

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