Washington County’s quality of life, abundant workforce and proximity to the Milwaukee market make it one of the best areas in the state to live your life and grow your business.
There are many reasons why Washington County is a great place to expand and relocate, but here are just a few:
- A population that’s growing more than twice as fast as the state’s population growth rate
- An excellent education system that touts a high school graduation rate that’s higher than both the state and country as a whole
- A median household income that exceeds the state and national averages
Don’t just take our word for it. Check out some of our latest project profiles to find out why companies are choosing to locate and grow in Washington County: EDWC Project Profiles.
One of the longest U.S. economic expansions has lifted personal income in all states. But growth has varied, from a constant annual rate of less than 1 percent in Illinois and Nevada to almost 5 percent in North Dakota since the start of the Great Recession. In six states, personal income fell for the year ending in the third quarter of 2016, hit by factors such as weak energy and agricultural…
Associated Banc-Corp, the holding company for Associated Bank, saw its fourth quarter profits leap 29 percent and its 2016 full year earnings rise 5.5 percent, the company said Thursday.
The Green Bay-based financial institution reported net income of $52.49 million, a 29 percent increase compared with net income of $40.59 million during the same period prior. For the full 2016 year, the bank posted a net income of $191 million, or $1.26 per share, compared to $181 million, or $1.19 per share, 2015.
Madison — As Wisconsin Republicans take up the massive task of repealing and replacing Obamacare, they’re still working out the most basic elements of how — and when — to do it.
Hospital system had been leasing properties since 2008.
Husco International is one of five companies listed on the Wisconsin Economic Development Corp.’s (WEDC) first-ever “Tax Credit Revocation Report” that lists companies paying back money received from tax credits.
These companies are ones that have not met their obligations outlined in receiving those tax credits, such as job creation, and are in the process of returning funds. In addition to Husco, Baraboo-based Teel Plastics Inc., Neenah-based Renewegy 7 Investors, New Berlin-based Emteq…
Indiana recently announced it would provide United Technologies Corp. with $7 million in tax incentives over 10 years to encourage the company’s Carrier Corp. unit to keep about 1,000 jobs in the state. This Q&A with Josh Goodman of The Pew Charitable Trusts’ states’ fiscal health team explains what economic development tax incentives are, why they matter, and how…
Although the U.S. economy made great strides in 2014, showing the strongest growth since the Great Recession, cities are recovering unevenly. An analysis of the fiscal health of America’s 30 major cities by The Pew Charitable Trusts found that most saw their revenue and spending rise that year. In 2014, some began to surpass peaks set before the Great Recession, which ran from late…
Money will go to five orgnizations
New information released by the U.S. Census Bureau indicates Wisconsin’s state-local tax burden declined from 15th highest among the states in 2013 to 16th for 2014, according to the Wisconsin Taxpayers Alliance (WISTAX), a public policy research group in Madison.
Wisconsin taxes dropped from 10.9 percent of personal income in 2013 to 10.8 percent in 2014, figures showed.
Nationally, taxes relative to income jumped from 10.4 percent in 2013 to 10.6 percent in 2014. Census figures regularly lag…
The Federal Reserve this afternoon, as expected, raised the nation’s benchmark interest rate, meaning some likely price increases for consumers but perhaps not the same for business owners.
The Fed raised the federal funds rate by a quarter of a percentage point, increasing the target range for the rate to 0.5 percent-0.75 percent, up from a range of 0.25 percent-0.5 percent. It’s the first increase in a year but just the second increase in a decade. By comparison, the fed funds rate in the…
Labor unions have been among the most vocal critics of Donald Trump and his expanding team of economic advisers, sounding warnings over the president-elect’s positions on a range of issues and promising to stymie his policy agenda when warranted.
Those comments, however, come as federal data indicate that the influence of labor unions — at least when it comes to membership — is waning. A recent analysis by the Bureau of Labor Statistics found that union membership as a percentage of the entire…
A recession would be an ugly way to start a presidency.
During his administration, President Barack Obama regularly used executive orders to enact policy. President-elect Donald Trump has already pledged to “cancel every unconstitutional executive action, memorandum and order issued by President Obama.”
While it is not clear which, if any, orders Trump will rescind, when it comes to health care, there is a strong potential that he will focus on any order that supports or furthers the Affordable Care Act, since repealing and replacing the Affordable Care…
A federal judge in Texas this evening blocked a U.S. Department of Labor rule extending overtime pay to more than 4 million U.S. workers.
The Obama-backed rule had been scheduled to take effect Dec. 1, and many employers nationwide had changed the way they pay workers to meet the requirements of the new rule.
The emergency, nationwide injunction may not permanently block the rule change, but does block its Dec. 1 mandatory implementation.
U.S. District Judge Amos Mazzant in Sherman, Texas, heard…
Ideawake founder plans to host quarterly pitch events.
With the exception of one year, the Milwaukee Business Journal has published its always-popular 40 Under 40 awards since 1992 that spotlight southeast Wisconsin’s young business and community leaders.
Each year the roster is a vivid reflection of the type of people that make our region respected and successful. To this day those 40 Under 40 alumni continue to be leaders in various ways and are often quoted in our publication for a business story, or are seen out in the community raising funds…
Improving Wisconsin’s economic health relies heavily on thoughtful and deliberate community development throughout the state.
Investing in individual communities has proven to have an enormous impact on business growth, job creation and economic revitalization in states across the United States.
Local officials and groups all over Wisconsin are well aware of this impact, and are working together to fund and support community development projects of all sizes to strengthen the state’s foundation…
Global real estate firm Transwestern is opening its first Milwaukee office with the four leaders of local brokerage Siegel-Gallagher Inc.
The move makes Siegel-Gallagher the latest Milwaukee real estate brokerage to join a national company. It also is another sign of the national appeal Milwaukee’s market is generating. Transwestern is based in Chicago.
Mike Watts, Transwestern’s Midwest president, said Milwaukee’s real estate activity reminds him of the rise of the Minneapolis market six…
The metro Milwaukee housing market posted its best September in 11 years, with sales rising 6.1% from the same time a year ago.
For many businesses, exporting is no longer a luxury—it’s a necessity. Here’s how some companies are navigating international markets.
Wisconsin Manufacturers & Commerce, the state’s largest business association, is turning its members against each other.
It’s all in good fun and it’s all part of an effort to help its members gain wider exposure for their companies and their products, and to promote industry as a viable and “cool” career option for young people in the state.
WMC is launching its first “ Coolest Thing Made in Wisconsin” contest Friday, a competition that will put the many products made by Wisconsin…
Taxes and federal funds together account for more than three-quarters of the 50 states’ revenue dollars. In all but two states taxes are the largest revenue source, while federal funds are the second largest. Following is a breakdown of each state’s major categories of revenue, with percentages shown for taxes and federal funds.
With captive insurance, members share risk, and in doing so they create greater purchasing power, cost consistency and long-term risk management.
Washington — U.S. employers added a healthy 255,000 jobs in July, a sign of confidence amid sluggish economic growth that points to a resilient economy.
Nettesheim to lead Waukesha County office.
Firearms owner insurance and training company in growth mode.
Several jobs measures improve.
The University of Wisconsin-Milwaukee has landed a $1 million donation from associates at Baird who are also UWM alumni.
The contribution, announced Monday, will benefit the Investment Management Certificate Program in UWM’s Lubar School of Business. The 21-month program allows students to gain experience as investment analysts, fund managers and investment bankers.
“This generous gift will provide our students with a significant increase in real, tangible investment experience, better preparing…
Program will train high school students, adults for careers in health care.
In some areas, especially in the nation’s midsection, homes remain affordable relative to local incomes. Throw in rising pay, job growth and low mortgage rates, and ownership is still within reach.
JPMorgan Chase Pledges Additional $200,000 to Expand the M7 Export Development Grant Program to More Companies
In a continuing effort to grow exports in the region, The Milwaukee 7 Regional Economic Development Partnership (M7) launched the Export Development Grant Program presented by JPMorgan Chase last November with an initial award of $200,000. The highly-successful program provides financial assistance to small and medium enterprises, both new to export as well as experienced exporters, to enter into new or grow existing international markets. In just 6 months, 34 companies have been awarded grants each ranging from $1,250 to $5,000. JPMorgan Chase announced this week that they are providing an additional $200,000 to the Milwaukee 7 to continue the program across the region.
“The Milwaukee 7 Export Development Grant Program is a wonderful example of how the Global Cities Initiative can provide value to the regional economy,” said Jim Popp, managing director for Chase Middle Market Banking in Wisconsin. “M7 has effectively marketed the program and companies have stepped up enthusiastically to explore or expand their exporting efforts. Providing additional funds is a win-win for all of us.”
“Increasing the number of companies in the region that export is a huge opportunity for Southeast Wisconsin,” said Gale Klappa, chairman, president and CEO of WEC Energy Group. “We know that the majority of economic growth comes from companies already located in the region and through exporting, businesses can grow faster and sustain that growth.”
The Export Development Grant Program provides matching funds of up to $5,000 per company. The funding can be used for a multitude of export-related purposes and may also be combined with grants offered by the Wisconsin Economic Development Corporation (WEDC). Companies are asked to provide a narrative explaining how the funding will help grow exports. Any and all uses of the funds used to grow a company’s international presence will be considered.
Two waves of applications have been reviewed by the Grant Committee and a total of 34 companies were approved for various projects. “The majority of the award winners will travel to international tradeshows or trade missions to meet with prospective partners and customers,” explained Chad Hoffman, M7 export development manager. “In addition, many companies will also be utilizing the U.S. Commercial Service’s Gold Key matchmaking service in conjunction with the tradeshows to make the most of the trip abroad. Another resource that companies identified is ExporTechTM, a very beneficial program to assist companies in developing a strategic plan to grow exports.”
According to Hoffman there is plenty of room for growth for the region’s exporters. Southeastern Wisconsin’s economy produces just under $100 billion in total economic output with only 16% resulting from exports. Furthermore, 40% of the region’s exports are to Canada and Mexico, which represent just 4.2% of global GDP. Nationwide, according to the International Trade Administration, 58% of small- and medium-sized exporters only sold into a single international market in 2012. “Our goal is identify companies who are not exporting to their full potential and help them enter new markets,” explained Hoffman. “Navigating the available programs can be daunting, however, we are committed to providing companies with the most appropriate information for their current situation. The Export Development Grant Program is another tool to help grow the region’s exports.”
The 34 companies come from a variety of industries and include manufacturers and service providers alike. The additional $200,000 in grant funding provided by the JP Morgan Chase Foundation will allow the program to continue into the foreseeable future.
To apply for the Export Development Grant Program or for additional information and eligibility requirements, companies can start the process by visiting the program website: http://mke7.com/exporting. The 3rd round of applications are now being accepted through June 30, 2016 and funding is made available on a first-come, first-serve basis.
The Milwaukee 7, launched in September 2005, was formed to create a regional, cooperative economic development platform for the seven counties of southeastern Wisconsin: Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha. The Milwaukee 7 continues to build the region’s capacity and accelerate economic growth.
2016 Wisconsin Energy Efficiency Expo
* Important – while this event is free to attend, pre-registration is encouraged.
The Wisconsin Association of Energy Engineers (WAEE) is pleased once again to invite chapter members and guests to the 2016 Wisconsin Energy Efficiency Expo to be held Wednesday May 18 at West Bend Mutual corporate headquarters. The exact location is 1900 South 18th Ave, West Bend, WI. Please join us for continental breakfast at 7:30, educational breakouts starting at 8:30, and special keynote speaker Lt. Governor, Rebecca Kleefisch at 9:45. Breakouts resume at 11:15 and continue into the afternoon. Lunch will be provided; there is no cost to attend this event.
Click on Event Program or Breakout Session Time to Access Schedule & Session Options
More information and online registration: Wisconsin Energy Efficiency Expo
Visit http://waee.wildapricot.org/ to learn more about WAEE or to join today!
Wisconsin Association of Energy Engineers
Actuant subsidiary preps for ag market to turn.
Keeping a personal touch while steering the company through a big expansion is the workplace and business challenge for First Bank Financial Centre of Oconomowoc. Read more here.
Advocating for handgun owners and self-protection training is Tim Schmidt’s passion — as well as his business. Read more here.
The joint venture is part of an emerging trend for health systems to invest in health insurance companies.
Company brings Haven Backyard Lighting & Mosquito Repellent System to market.
Talent Network Group Brookfield Innovation: Temp Mission www.talentnetworkgroup.com Talent Network Group founder Sue Sattler didn’t set out to include temporary workers as part of the services her firm offers, but now she finds herself doing
The Wisconsin economy may not be firing on all cylinders, but some of the things being said about the state simply aren’t correct.
Also, January data revised to show jobs gain in state.
MADISON, WI , March 14, 2016 – Focus on Energy, Wisconsin utilities’ statewide program for energy efficiency and renewable energy, is honoring fourteen Wisconsin companies with a 2016 Excellence in Energy Efficiency Award. In coordination with local utility partners and Focus on Energy staff, these winners have displayed outstanding commitment to energy efficiency practice.
2016 Excellence in Energy Efficiency Award honorees include:
- Allcast Inc. – Allenton, WI
- B & B Electric – Eau Claire, WI
- Heartland Farms – Hancock, WI
- Kohler Co. – Kohler, WI
- Didion Milling – Johnson Creek, WI
- Edgewood College- Madison, WI
- Milwaukee County – Milwaukee, WI
- Chippewa Valley Technical College – Energy Education Center – Eau Claire, WI
- Fox Brothers Piggly Wiggly – Hubertus, WI
- Expera Specialty Solutions – Kaukauna, WI
- Oshkosh Defense, LLC – Oshkosh, WI
- Kinnard Farms – Casco, WI
- C & M Properties – Eau Claire, WI
- Kettle Moraine Heating and Air Conditioning – North Prairie, WI
Benefits of the energy efficiency projects implemented by these organizations are much greater than reduced energy consumption and cost savings. They support technology innovation, job creation, lowered environmental impacts, increased competitiveness and reduced dependence on non-renewable resources.
“Focus on Energy is thrilled to congratulate each of these winners,” said Chad Bulman, Director of Energy Programs for Focus on Energy. “These recognized organizations are making smart energy decisions, lowering operating costs, and making Wisconsin business more competitive.
On-site award presentations are being coordinated with all winning organizations, many in coordination with Earth Day and other sustainability events currently scheduled. Visit Focus on Energy on Facebook throughout the month of April to learn more about each organization and the energy efficiency projects that earned them this honor. https://www.facebook.com/focusonenergy
Milwaukee has been picked by the White House to participate in a worker training program focused on preparing people for technology jobs.
Baird ranks No. 6 on FORTUNE’s 2016 “100 Best Companies to Work For” list.
The company has 16 offices in Wisconsin, including an office in West Bend at 111 N. Main St.
The annual ranking of the top U.S. workplaces is based on employee feedback and workplace attributes.
Baird, an employeeowned international financial services firm that has been recognized on the list for 13 consecutive years, has ranked among the top 25 for the past eight years and the top 10 for three consecutive years, according to a news release.
Baird has increased its employment by 26 percent over the past five years while the U.S. securities industry has grown by 8 percent.
“It is an incredible honor to be selected as one of FORTUNE’s 100 Best Companies to Work For, and we’re thrilled to be recognized in the top 10 for the third consecutive year,” said Steve Booth, Baird president and CEO.
Baird is an international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has about 3,300 associates.
Steiner Electric Inc. of West Bend was awarded a gold medal as a Projects of Distinction by the Associated Builders and Contractors of Wisconsin on Feb. 18 in Wisconsin Dells for its work on the Kerry Ingredients Production addition.
The annual event highlights ABC members’ excellent craftsmanship and dedication to high-quality construction.
The Hartford software company is drawing on the resources of one of the world’s largest companies for product development and sales.
While in the low-beam setting, the new headlight’s electronics calculate how a motorcycle leans into a turn, controlling the light pattern and filling in the dark void left by a traditional headlight.
Turkey has long been a commercial crossroads linking East and West, and has evolved from a developing country to one of the world’s newly industrialized economies. U.S. companies have started using the country as a regional hub for business in Central Europe, the Middle East and Central Asia. As the economy has grown, many Turkish firms are thriving by increasing quality standards, especially in manufacturing and domestic industries. This increase in quality is leading many firms to seek out top-line…
Hosted by Moraine Park Technical College in Fond du Lac on Friday, March 11, 2016 between 8-9:30am. See the following flyer for more details: How are YOU Addressing Labor & Talent Shortages Flyer
Wisconsin Gov. Scott Walker says he supports a bipartisan bill that makes defrauding the state’s economic development agency a felony. The governor’s comments came on the day an Assembly committee heard testimony on a bill making fraud against the Wisconsin Economic Development Corp. (WEDC), a Class E felony. Sen. Dave Hansen (D-Green Bay), a sponsor of the WEDC fraud bill, cited recent cases in testifying in support of the bill he sponsored along with Rep. Samantha Kerkman (R-Powers Lake). “Any…
Online hunting clothing and equipment retailer Legendary Whitetails bought a small office building next to its Slinger headquarters to accommodate its steady growth. The online retailer has been hiring about five or six people annually, and earlier this year completed an expansion of its warehouse that also added 3,000 square feet of office space, said president Greg Huffman. The 6-acre company campus on Enterprise Drive was essentially full upon completion of that project, he said. Legendary Whitetails…
The Milwaukee 7 Regional Economic Development Partnership said Monday it has received a $200,000 pledge from JPMorgan Chase for a program designed to help companies in the region export their products more widely.
Team Industries Inc., a Kaukauna provider of precision-welded steel pipes, is finishing up a multiphase expansion that includes the addition of 135 jobs, and it has filled those skilled positions through a combination of educational partnerships, company-hosted job fairs and work with a local union. Team Industries president John Panetti said the company also relies on apprenticeships to find and train the highly skilled workers the company needs. The efforts are necessary because of the tough competition…
Each year, states collectively spend billions of dollars on economic development incentives. Are they worth the price? The answer isn’t always obvious. By asking key questions, states can evaluate incentive programs and provide the evidence policymakers demand.
A century-old cookware manufacturer based in Kewaskum said it will sign a deal next week to sell products through a firm in China that does direct marketing to consumers, like Amway Corp. or Mary Kay Cosmetics in the United States. (View entire article here)
The U.S. Environmental Protection Agency (EPA) announced today that Washington County will receive a Brownfield Assessment grant totaling $600,000.
Jackson, WI – $14.5 million expansion of the existing production facility, adding 119,000 square feet and growing employment by approximately 60 new full-time jobs above the 125 persons currently employed there.