Metropolitan Milwaukee Association of Commerce | Milwaukee, WI 53202
  • Membership
    • Gain visibility >
      • Advertising
      • Event Sponsorship
      • Lead generation
    • Grow & strengthen your biz >
      • Executive roundtable program >
        • Roundtable News
      • Food and beverage manufacturers
      • Focus on the Future Awards
      • Future 50 Awards >
        • Future 50 winner archive
      • Leadership Council
      • International >
        • Global Business Insights series
        • Wisconsin International Trade Conference
        • Benefits of WTA membership >
          • Join WTA now
        • WTA member directory
        • Global Pulse - eNewsletter Archive
        • WTA events
        • Volunteer leadership
      • Roundtables for high-growth companies
      • Small business >
        • Council of Small Business Executives
      • Young professionals
    • Improve the business climate
    • Invest in our community
    • Cost Savings programs >
      • Certificates of origin
      • Health insurance plan
      • Office supply discount program
    • Join now
    • Request More Information
    • Members only >
      • Member Orientation
      • Submit an event
      • Submit news about your company
      • Update email preferences
      • Promote your MMAC membership
  • Events
    • MMAC event calendar
    • Event photos >
      • 2020 Golf Outing
    • Community events calendar
    • Submit an event
    • Sponsorship
    • 2019 MMAC All Member Meeting
  • Talent Pipeline
    • Grow your talent pipeline >
      • Business tours for students
      • Career-based learning
      • Manufacturing CAREERx
      • Technology Education & Literacy in Schools (TEALS)
    • Attracting & retaining young professionals
    • Professional development
  • Diverse Talent
    • The Business Council
    • Hispanic Collaborative
  • Advocacy
    • Miller Park economic impact study
    • Legislator voting records
    • Pro-business public policy agenda >
      • Talent
      • Growth
      • Livability
      • Small business legislative agenda
    • Education recommendations >
      • Supportive policies
      • Quality schools
      • Effective Educators
      • Community engagement
    • Ranking Milwaukee County Schools
  • Economic Growth
    • Attracting & retaining businesses
    • Food & beverage cluster
    • Milwaukee Development Corp. >
      • Rebuild & Revitalize Program
    • Milwaukee EB-5 Visa program
    • Milwaukee Urban Strategic Investment Corp. (MUSIC)
    • Metro Milwaukee reports
    • Starting a business >
      • BizStarts
      • New business planning guide
  • About the Region
    • 2020 Navigate Business MKE
    • Benchmarking metro MKE
    • Business outlook survey
    • Economic Trends
    • Local media listings
    • Major employers in metro Milwaukee
    • Metro Milwaukee demographics
    • Order a publication
    • Relocating a business
  • About MMAC
    • Board of directors >
      • New 2021 Board Members
    • Contact us
    • Members of the media
    • Publication archive >
      • News Archive
      • Press Releases
      • Milwaukee Commerce magazine
    • Scholarships for minority students
    • Staff
  • Member Directory
  • Member Login
  • COVID-19 Resources
    • Health & Safety Toolkit >
      • Employer Outbreak FAQs
      • Testing FAQs
      • Preparing for the 2nd wave
      • Health & Safety Checklist
    • Business Strategies webinars

Gov. Evers Announces Advent Tool & Manufacturing to Relocate to Salem Lakes

7/8/2020

 
Company is latest to invest in Kenosha County

MADISON – Gov. Tony Evers today joined the owner and president of Advent Tool & Manufacturing, Inc., as well as local government and economic development officials, to announce that Advent is relocating its headquarters and production operation from Antioch (IL) to the new Salem Industrial Park, located in the Village of Salem Lakes. 

“This is great news for the Village of Salem Lakes, and the entire southeast region of our state, and will bring new opportunities to our communities,”  said Gov. Evers. “I want to thank Advent, WEDC, the Milwaukee 7, and all the local officials who helped make this a possibility. The partnerships and relationships these folks have been able to build, truly exemplify why Wisconsin is such a great place to live and work.” 


Read More

Milwaukee 7 recognizes Racine County Economic Development Corporation with Excellence in Economic Development Award

1/29/2020

 
Picture
MILWAUKEE – The Milwaukee 7 Economic Development Partnership has recognized the Racine County Economic Development Corporation (RCEDC) with its inaugural Excellence in Economic Development Award, M7 officials announced on Wednesday.
 
The award, which recognizes outstanding economic development projects and partnerships that have contributed to the economic vitality of the Milwaukee Region, was presented during M7’s annual meeting at Northwestern Mutual’s headquarters in downtown Milwaukee. RCEDC President Greg Barron, Executive Director Jenny Trick and members of the RCEDC staff were present to accept the award.
 
“Racine County has been a valued and trusted M7 partner over the years, with a mission of connecting communities, facilitating jobs and growing businesses,” M7 co-chair Gale Klappa said. “We thank the team in Racine for all of its hard work and the exceptional contributions it is making to our region’s economic growth and prosperity.”


Read More

M7 news: Leonardo DRS building $56 million facility in Menomonee Falls, creating 220 new jobs

12/13/2018

 
Picture
Leonardo DRS Inc. is building a new manufacturing facility and offices in Menomonee Falls to accommodate its growing Naval Power Systems line of business -- a project expected to create up to 220 jobs in southeast Wisconsin.

The company will invest $56 million in a new best-in-class engineering and manufacturing facility to serve as the focal point for most of its business development and production activities.
    
The facility, expected to open in 2020, will house the design, test and manufacturing facilities for naval and marine power distribution, power conversion, motor controls, drives and automation/control equipment for the U.S. Navy, commercial and international customers.

In an interview with the Milwaukee BizTimes, MMAC president Tim Sheehy said the Milwaukee 7 economic development partnership exhausted all possibilities for the company in Milwaukee before considering other options. The company also was exploring options outside Wisconsin.

>>View full edition from December 13, 2019 MMAC Insider

Milwaukee Tool plans $32M expansion, creating 350 new jobs

7/17/2018

 
Picture
Milwaukee Tool is expanding again in Brookfield, with plans to build a $32 million R&D facility - a project expected to create 350 new jobs. 
The company has purchased a 3.5-acre site near its current facility that will house an advanced manufacturing research and development facility and office space. The 114,500-square foot, multi-story building is expected to be completed by late 2019.The company plans to create 350 jobs at the facility over the next five years - primarily engineering and software positions with an annual average salary of $75,000.


Read More

Top business, economic development thought leaders contribute to M7 Forum on Talent

6/8/2018

 
Picture
“The regions that get out in front and identify how to get more people not only into the workforce but prepared for the jobs of the future, will be the leaders in both workforce AND economic development. That’s where we want to be."
Picture
GOV. SCOTT WALKER
More than 200 business people and representatives from the economic development, education, and workforce development communities attended the second annual Milwaukee 7 Economic Development Forum on June 6. The event was designed to inform and inspire new solutions to the talent shortage.

Governor Scott Walker kicked off the day by sharing a stunning and sobering statistic: Wisconsin’s unemployment rate has reached an all-time low of 2.8 percent. While more people in Wisconsin are employed than ever before, there are currently more jobs than people to fill them. And there remains a disparity in employment in Milwaukee’s central city with too many people left on the sidelines of our growing economy.

Read More

Milwaukee 7 Venture Capital Fund announces first loans to local start-up firms

1/10/2018

 
The Milwaukee 7 Economic Development Partnership has announced the first round of loans to be awarded from its new Venture Capital Fund. The $1 million fund – supported with a $500,000 grant from the Wisconsin Economic Development Corporation’s Capital Catalyst Program that is matched by the Milwaukee Economic Development Corp. – provides loans and grants to early and growth stage companies. The fund targets seed-stage ventures in advanced manufacturing and other technology sectors, including graduates of local accelerator programs such as The BREW, WERCBench Labs, FaBCAP and Gener8tor.

The fund provides additional capital to emerging companies and second-stage start-ups in southeast Wisconsin for activities leading to investment readiness or revenue generation. The capital is intended to help companies achieve measurable business development milestones, such as feasibility assessments, product development and market validation... >>READ MORE

Pleasant Prairie plans to sell land to Haribo for $20.7 million

12/15/2017

 
Company planning $242 million production plant
Picture
Wes Sabber, Haribo of America chief financial officer, at the MMAC all-member meeting.
The Pleasant Prairie village board could approve the sale of 136.8 acres for $20.7 million to German gummy bear maker Haribo during its meeting Monday.

Haribo of America Manufacturing LLC announced plans earlier this year for a $242 million, 500,000-square-foot production facility in Pleasant Prairie.

The land sale is included on the agenda for the meeting on Monday, but the actual documents related to the sale were not included in the meeting documents. The agenda also includes a certified survey map dividing a large portion of the Prairie Highlands Corporate Park into two lots and two outlots... >>READ MORE

MMAC/Milwaukee 7 instrumental in recruiting Foxconn to MKE Region

7/31/2017

 

by TIM Sheehy

President of the MMAC

Picture
Rep. Adam Jarchow tweeted a photo after the White House press conference on July 26 announcing FoxConn coming to SE Wisconsin.
L to r: Terry Gou; FoxConn; Speaker Ryan; Pres. Trump; Gov. Walker; Sen. Johnson & VP Pence


After months of behind-the-scenes work supporting Gov. Scott Walker, his administration, and the Wisconsin Economic Development Corporation -- the MMAC and the Milwaukee 7 were proud to participate in last week's announcement at the White House and Milwaukee Art Museum to celebrate Foxconn's decision to make a significant investment in the region.

"Significant" is an understatement for the Foxconn Technology Group's plant, which is projected to support more than 35,000 jobs on an ongoing basis when fully operational. The impact on economic output is also significant, estimated at $11B, with almost half of that amount in state gross domestic product. Significant also in the one-time economic "shock" from a $10B capital investment to construct and equip the facility. Construction and equipment sourced in Wisconsin is estimated to be $5.7B, fueling 16,000 construction and related jobs over the four-year construction period. The 13,000 Foxconn workers are projected to earn an average base wage of $53,875, with benefits pushing total average compensation to $73,500.


    News Categories

    All
    Action Alert
    Education/Workforce
    International
    M7 Partnership
    Milwaukee Commerce
    MMAC Insider
    Press Releases


    Sign up for MMAC enewsletters

    The MMAC Insider is our biweekly newsletter focuses on issues facing metro Milwaukee's business community.
    >>Click here to manage your email preferences
Copyright © 2020 Metropolitan Milwaukee Association of Commerce.  All rights reserved.
275 W Wisconsin Ave., Ste. 220 | Milwaukee, WI 53203  |  Tel 414/287-4100 | Fax 414/271-7753 | info@mmac.org
Privacy Policy
  • Membership
    • Gain visibility >
      • Advertising
      • Event Sponsorship
      • Lead generation
    • Grow & strengthen your biz >
      • Executive roundtable program >
        • Roundtable News
      • Food and beverage manufacturers
      • Focus on the Future Awards
      • Future 50 Awards >
        • Future 50 winner archive
      • Leadership Council
      • International >
        • Global Business Insights series
        • Wisconsin International Trade Conference
        • Benefits of WTA membership >
          • Join WTA now
        • WTA member directory
        • Global Pulse - eNewsletter Archive
        • WTA events
        • Volunteer leadership
      • Roundtables for high-growth companies
      • Small business >
        • Council of Small Business Executives
      • Young professionals
    • Improve the business climate
    • Invest in our community
    • Cost Savings programs >
      • Certificates of origin
      • Health insurance plan
      • Office supply discount program
    • Join now
    • Request More Information
    • Members only >
      • Member Orientation
      • Submit an event
      • Submit news about your company
      • Update email preferences
      • Promote your MMAC membership
  • Events
    • MMAC event calendar
    • Event photos >
      • 2020 Golf Outing
    • Community events calendar
    • Submit an event
    • Sponsorship
    • 2019 MMAC All Member Meeting
  • Talent Pipeline
    • Grow your talent pipeline >
      • Business tours for students
      • Career-based learning
      • Manufacturing CAREERx
      • Technology Education & Literacy in Schools (TEALS)
    • Attracting & retaining young professionals
    • Professional development
  • Diverse Talent
    • The Business Council
    • Hispanic Collaborative
  • Advocacy
    • Miller Park economic impact study
    • Legislator voting records
    • Pro-business public policy agenda >
      • Talent
      • Growth
      • Livability
      • Small business legislative agenda
    • Education recommendations >
      • Supportive policies
      • Quality schools
      • Effective Educators
      • Community engagement
    • Ranking Milwaukee County Schools
  • Economic Growth
    • Attracting & retaining businesses
    • Food & beverage cluster
    • Milwaukee Development Corp. >
      • Rebuild & Revitalize Program
    • Milwaukee EB-5 Visa program
    • Milwaukee Urban Strategic Investment Corp. (MUSIC)
    • Metro Milwaukee reports
    • Starting a business >
      • BizStarts
      • New business planning guide
  • About the Region
    • 2020 Navigate Business MKE
    • Benchmarking metro MKE
    • Business outlook survey
    • Economic Trends
    • Local media listings
    • Major employers in metro Milwaukee
    • Metro Milwaukee demographics
    • Order a publication
    • Relocating a business
  • About MMAC
    • Board of directors >
      • New 2021 Board Members
    • Contact us
    • Members of the media
    • Publication archive >
      • News Archive
      • Press Releases
      • Milwaukee Commerce magazine
    • Scholarships for minority students
    • Staff
  • Member Directory
  • Member Login
  • COVID-19 Resources
    • Health & Safety Toolkit >
      • Employer Outbreak FAQs
      • Testing FAQs
      • Preparing for the 2nd wave
      • Health & Safety Checklist
    • Business Strategies webinars