Latest News
Kohl’s profits dip
Menomonee Falls-based Kohl’s Corp. today reported that its net income for its fiscal fourth quarter was down 16.9 percent compared with its previous fourth quarter and its net income for the entire 2012 fiscal year was down 15.5 percent.
MGIC absorbs higher losses
Milwaukee-based MGIC Investment Corp., the nation’s largest private mortgage insurer, today reported a fourth quarter net loss of $386.7 million, compared with a net loss of $135.3 million in the fourth quarter for fiscal 2011.
Apartment development proposed in Riverwest
Developers Tim Gokhman and Ann Shuk are proposing a 31-unit, market-rate apartment development on a vacant parcel of land at 2650 N. Humboldt in Milwaukee’s Riverwest neighborhood.
AT&T touts Milwaukee area investments
AT&T Inc. said today that it invested nearly $300 million in its Milwaukee area wireless and wireline networks from 2010 through 2012, with a focus on expanding 4G LTE mobile Internet coverage and enhancing the overall performance of its networks.
WEDC is the right model
In February 2011 the Wisconsin Economic Development Corporation (WEDC) was formed by the State of Wisconsin with the purpose of modernizing economic development. While only eighteen months since establishing WEDC, Wisconsin’s economy has already made significant progress.
Marcus Corp. making progress on The Corners
Town of Brookfield administration Rick Czopp said Tuesday that negotiations with Milwaukee-based The Marcus Corp. about a tax incremental financing (TIF) agreement for The Corners are progressing and could be complete by the end of March or early April.
Seda to expand within Mt. Pleasant facility
Italy-based Seda International Packaging Group plans to expand its operations in Mt. Pleasant.
Real estate odds and ends
Buffalo Wild Wings planned in RacineA Buffalo Wild Wings restaurant is planned at 5880 Durand Ave. on an outlot...
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Luxury hotel planned for Third Ward
Milwaukee-based development firm HKS Holdings LLC plans to develop an 8-story, 158-room Kimpton hotel in Milwaukee’s Historic Third Ward, San Francisco-based Kimpton Hotels & Restaurants announced today. Kimpton is a collection of luxury, boutique hotels and restaurants.
Michael Best & Friederich renews lease at 100 East Wisconsin
Downtown Milwaukee law firm Michael Best & Friederich has renewed its lease at 100 East Wisconsin Ave.
Leases
Boerke Company Broadband Solutions, a communications contractor, has leased 5,000 square-feet in Saukville, WI at 450 N Progress...
Wisconsin Oven opens Waukesha facility
East Troy-based Wisconsin Oven Corp. has moved its assembly work to a 27,000-square-foot facility at 1805 Pewaukee Road in Waukesha.