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Franklin Staybridge Suites hotel sold for $10.8 million
An Illinois hotel owner has purchased the Staybridge Suites Milwaukee Airport South hotel in Franklin for roughly $10.8 million, according to state records.
Milwaukee pharmaceutical company Estrigenix Therapeutics gets SBIR grant
Milwaukee-based Estrigenix Therapeutics, Inc., a pharmaceutical company focused on research in estrogen biology, is the recipient of a $300,000 National Institute of Health (NIH) Small Business Innovation Research (SBIR) grant.
Power Test names new CEO
Sussex-based Power Test, a dynamometer and test system manufacturer, has named Jim Miller as chief executive officer.
BVK will pay $2.25 million after wrongfully receiving second PPP loan
BVK, Inc., a full-service advertising agency, has reached a settlement agreement with the Department of Justice following allegations the company wrongfully received a second-draw Paycheck Protection Program (PPP) loan.
Kohler Co. buys 45.7 acres south of Whistling Straits
The Kohler Co. has purchased roughly 45.7 acres of farmland along Lake Michigan just south of its Whistling Straits golf course in Sheboygan County for $2 million, according to state records.
A.O. Smith cuts guidance amid weaker water heater demand in North America
Milwaukee-based A.O. Smith Corp. took the somewhat unusual step Thursday of releasing preliminary results for the third quarter ahead of its scheduled earnings release at the end of the month.
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Millennium continues rapid growth, expecting $430 million in revenue for the year
Delavan-based Millennium continues to surpass expectations in more ways that one. The telecommunications solutions company has been continually named one of America’s fastest-growing companies and 2022 has been no different.
Southeastern Wisconsin meat processors eligible for up to $2.2 million in grant funding
Gov. Tony Evers and Randy Romanski, Wisconsin Department of Agriculture, Trade and Consumer Protection secretary, announced this week 91 meat processors selected to receive a total of $10 million in grants.
Generac COO stepping down
Thomas Pettit, Generac’s chief operations officer, has officially resigned from his position with the company.
Private equity firm acquires Milwaukee-based countertop, cabinetry and appliance company
Milwaukee-based private equity firm Borgman Capital announced Wednesday that it has acquired Milwaukee-based K.G. Stevens a fabricator and installer of countertops, and provider of cabinetry and luxury appliances.
