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Rockwell Automation CEO expecting continued manufacturing investment despite economic headwinds
Executives for Milwaukee-based Rockwell Automation say they expect to see continued investment in U.S. manufacturing, even amid growing economic uncertainty and headwinds.
Gregory Wesley named board chairman for Teach for America Milwaukee
Gregory Wesley, senior vice President of strategic alliances and business development for Medical College of Wisconsin, has been named the chairman of the board for education nonprofit and leadership development organization Teach For America Milwaukee, the organization announced today.
ABC Supply expands into Canada with acquisition of building materials companies
Beloit-based ABC Supply Co., Inc., a wholesale distributor of roofing supplies, siding, windows, and other building products, has made its first venture outside of the United States through the acquisition of the Monarch Group of Companies.
Recent real estate transaction announcements – 11/2/22
Leases
Mid-America Real Estate:
MP Property Acquisition, LLC, purchased 1.24 AC at 835 West Johnson Street, from ATR Corinth Forest, LLC. Mike Fitzgerald...
WEC Energy Group increasing renewable investment by $1.9 billion
Milwaukee-based WEC Energy Group’s capital investment plan for the next five years includes an additional $1.9 billion in spending on renewable energy in comparison to the current five-year investment plan.
Logistics company OEC Group opens Milwaukee-area location
Taipei, Taiwan-based OEC Group, a freight forwarding company, has entered the Milwaukee-area market with the opening of a new office in Brookfield at 250 N. Sunnyslope Road.
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Federal Home Loan Bank of Chicago to help finance $20.6 million in affordable housing projects in Illinois and Wisconsin
The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced that it has granted $20.6 million via its Affordable Housing Program (AHP) General Fund to help finance 35 housing projects in Illinois and Wisconsin.
Sale of InSinkErator closes
After Benton Harbor, Michigan-based Whirlpool Corp. announced its plans to acquire Mount Pleasant-based manufacturer InSinkErator in August, the $3 billion deal has officially closed.
Southeastern Wisconsin manufacturing returned to downward trend in October
After showing signs of growth in September, the southeastern Wisconsin manufacturing sector returned to a downward trend in October as companies saw customers pull back on orders and payments, according to the latest Marquette-ISM Report on Manufacturing.
Wisconsin gets middle of the pack ranking for state business tax climate
Wisconsin ranks 27th for business tax competitiveness, according to the Washington, D.C.-based Tax Foundation’s 2023 State Business Tax Climate Index.