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Milwaukee-based COnovate secures $1 million in SAFE financing

Milwaukee-based COnovate, Inc. has completed a $1 million SAFE financing round. Simple Agreement for Future Equity (SAFE) funding is a simpler alternative to convertible notes.

Franklin-based Steele Solutions acquires Ohio company

Franklin-based Steele Solutions Inc. has acquired Tiffin, Ohio-based Tiffin Metal Products (TMP). Terms of the deal, which closed March 18, were not disclosed.

Scale Up Milwaukee executive director named CEO of WHEDA

Elmer Moore Jr., the executive director of Scale Up Milwaukee has been appointed by Gov. Tony Evers to serve as the chief executive officer and executive director of the Wisconsin Housing and Economic Development Authority (WHEDA).

Illinois developer purchases 132 acres in Kenosha County

La Grange, Illinois-based developer Becknell Industrial has purchased 132 acres along the I-94 corridor in Kenosha County, with plans for industrial development.
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ABB purchases New Berlin site for U.S. motion business HQ

ABB Inc. has purchased the site in New Berlin where it plans to construct a new headquarters for its U.S. motion business, which manufacturers drives, motors, generators, mechanical power transmission products and digital powertrain solutions for a variety of industries including mining, power and oil and gas.

Rehrig Pacific to expand Pleasant Prairie facility

Los Angeles-based Rehrig Pacific Company is planning a 49,000-square-foot addition to its Pleasant Prairie manufacturing facility that is expected to create 36 new jobs.

Haribo hiring 100 employees to work at Pleasant Prairie factory

As Haribo progresses toward the completion of the first phase of its Pleasant Prairie manufacturing plant, the company is hosting a three-day career fair this week to hire future employees.

With Quarles & Brady reducing its office space, Colliers works to attract new tenants, add amenities to 411 East Wisconsin Center

When corporate law firm Quarles & Brady informed Colliers last summer that it would be exercising a clause in its lease allowing it to vacate one of its eight floors in the 411 East Wisconsin Center building in downtown Milwaukee, brokers at the real estate firm found themselves with a project on their hands.

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