Wisconsin Economic Development Corporation

Wisconsin establishes consortium to expand its lead in biohealth

Retrieved on: 
Wednesday, August 16, 2023
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MADISON, Wis., Aug. 16, 2023 /PRNewswire/ -- A consortium of 15 public and private partners has been formed to advance an economic development strategy aimed at bolstering Wisconsin's leadership in personalized medicine and biohealth technology.

Key Points: 
  • These efforts are anticipated to enhance the health and economic well-being of Wisconsinites and the global community.
  • Additionally, by keeping sensitive biohealth and genomic data in Wisconsin and within U.S. borders, the creation of a RTH here is expected to increase the strength of the nation's global competitiveness as well as its national security.
  • "Wisconsin is now at the forefront of one of the most dramatic advances we're seeing in medical care – personalized medicine.
  • We owe it to the people of our state – and the world -- to continue to build on that momentum."

Hello, Avelo! Avelo Airlines Announces Exclusive Nonstop Service to Orlando from Central Wisconsin Airport / Wausau

Retrieved on: 
Wednesday, July 19, 2023
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MOSINEE, Wis. and WAUSAU, Wis., July 19, 2023 /PRNewswire/ -- Avelo Airlines announced today exclusive nonstop service between Central Wisconsin Airport (CWA) and Orlando International Airport (MCO).

Key Points: 
  • Central Wisconsin Airport sits in the heart of Wisconsin, in Mosinee, between Stevens Point and Wausau.
  • Avelo Airlines Chairman and CEO Andrew Levy said, "Central Wisconsin – say hello to Avelo!
  • Wisconsin Economic Development Corporation (WEDC) Secretary and CEO Missy Hughes said, "Avelo's decision to extend air service to Central Wisconsin Airport is a win for residents of Northern and Central Wisconsin.
  • Avelo's new nonstop, year-round service to Orlando provides a new low-fare option and greater connectivity for travel to and from central and northern Wisconsin.

Kikkoman Foods, Inc. Marks 50th Anniversary of Brewing Soy Sauce in the U.S. with Gifts to UW-Madison and UW-Milwaukee, Totaling $5 Million

Retrieved on: 
Friday, June 9, 2023
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WALWORTH, Wis., June 9, 2023 /PRNewswire/ -- Fifty years ago, with the opening of Kikkoman Foods, Inc., a farm field in southern Wisconsin was transformed into what has now become the highest-producing soy sauce facility in the world. Today, the state of Wisconsin recognizes "Kikkoman Day," marking the golden anniversary of the plant opening in Walworth, Wis. The proclamation also celebrates the company's positive impact on the partnership between Wisconsin and Japan, and its contributions of more than $17 million to charitable causes in the local community and beyond.

Key Points: 
  • Today, the state of Wisconsin recognizes "Kikkoman Day," marking the golden anniversary of the plant opening in Walworth, Wis.
  • At its anniversary events today, the Kikkoman Foods, Inc. Foundation presented $5 million in support of sustainable agriculture and freshwater studies.
  • The time-honored traditional brewing process for soy sauce uses just four simple ingredients: water, soybeans, wheat, and salt.
  • "We're looking forward to the next 50 years of friendship and continued growth in our pursuit to make Kikkoman Soy Sauce a truly global seasoning."

Nestlé Health Science Makes $43 Million Investment in Eau Claire, Wis. Manufacturing Facility

Retrieved on: 
Wednesday, January 18, 2023
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EAU CLAIRE, Wis., Jan. 18, 2023 /PRNewswire/ -- Nestlé Health Science today announced a $43 million investment to expand its manufacturing facility in Eau Claire, Wisconsin. The investment will add two new production lines to increase manufacturing of high-demand ready-to-drink consumer products.

Key Points: 
  • Investment to bolster manufacturing capabilities, enhance sustainable packaging efforts and generate new local jobs
    EAU CLAIRE, Wis., Jan. 18, 2023 /PRNewswire/ -- Nestlé Health Science today announced a $43 million investment to expand its manufacturing facility in Eau Claire, Wisconsin.
  • The investment will add two new production lines to increase manufacturing of high-demand ready-to-drink consumer products.
  • "With this investment, Nestlé Health Science will expand and enhance our manufacturing facilities to better meet the needs of patients and consumers," said Gaëtan Sion, Vice President of Manufacturing, Nestlé Health Science U.S. "Also, as a member of the Eau Claire community since 1987, we're proud to help strengthen the local economy by generating more job opportunities that offer competitive pay and benefits."
  • Eau Claire, along with all Nestlé Health Science factories and sites, is also committed to being powered by 100% renewable electricity by 2025.

Fiserv Affirms Commitment to Wisconsin with Selection of New Global Headquarters Location in Downtown Milwaukee

Retrieved on: 
Thursday, October 27, 2022
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Fiserv (NASDAQ: FISV), a global technology leader and provider of payments and financial services solutions, today joined with Wisconsin Governor Tony Evers and Milwaukee Mayor Cavalier Johnson to announce the expansion of its decades-long commitment to Wisconsin with the opening of a new global headquarters location in downtown Milwaukee.

Key Points: 
  • Fiserv (NASDAQ: FISV), a global technology leader and provider of payments and financial services solutions, today joined with Wisconsin Governor Tony Evers and Milwaukee Mayor Cavalier Johnson to announce the expansion of its decades-long commitment to Wisconsin with the opening of a new global headquarters location in downtown Milwaukee.
  • The headquarters will be situated at 640 Vel R. Phillips Ave, in the historic Westown neighborhood of downtown Milwaukee.
  • I am pleased that Fiserv has chosen to deepen its roots in Wisconsin, said Governor Evers.
  • Fiserv adds the forward momentum of downtown Milwaukee, where their name already boasts a rich presence at Fiserv Forum, the home of the Milwaukee Bucks, said Milwaukee City Development Commissioner Lafayette Crump.

New Report Puts Statewide Biohealth Industry Economic Impact at $32B

Retrieved on: 
Tuesday, October 25, 2022
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MADISON, Wis.,  Oct. 25, 2022 /PRNewswire-PRWeb/ -- BioForward Wisconsin, the collective voice of Wisconsin's robust and comprehensive biohealth cluster representing more than 220 member organizations, shared results of the Wisconsin Biohealth: Industry Landscape and Economic Impact Reporthttps://www.bioforward.org/wp-content/uploads/2022/10/TEConomy-Wisconsin... which highlights the statewide biohealth industry as a leading economic growth and innovation driver for Wisconsin.

Key Points: 
  • BioForward Wisconsin shared results of the Wisconsin Biohealth: Industry Landscape and Economic Impact Report which highlights the statewide biohealth industry as a leading economic growth and innovation driver for Wisconsin.
  • MADISON, Wis., Oct. 25, 2022 /PRNewswire-PRWeb/ -- BioForward Wisconsin , the collective voice of Wisconsin's robust and comprehensive biohealth cluster representing more than 220 member organizations, shared results of the Wisconsin Biohealth: Industry Landscape and Economic Impact Report https://www.bioforward.org/wp-content/uploads/2022/10/TEConomy-Wisconsin... which highlights the statewide biohealth industry as a leading economic growth and innovation driver for Wisconsin.
  • Among the highlights from the third-party report are:
    Economic Impact: The total state economic impact contribution by the biohealth industry is $32 billion in direct, indirect, and induced sources, as well as $1.2 billion in state and local taxes.
  • COVID-19 Impact: The report specifically emphasizes the COVID-19 pandemic's effect on the state's biohealth industry stating, "During the core pandemic years in 2020 and 2021, most of Wisconsin's biohealth industry continued to grow.

Milwaukee Tool Opens New Manufacturing Plant in West Bend - 150 New Jobs!

Retrieved on: 
Wednesday, August 10, 2022
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This morning the company was joined by the Wisconsin Economic Development Corporation (WEDC), the Milwaukee 7 (M7), West Bend officials, and industry partners to celebrate the grand opening of the company's newest manufacturing plant in West Bend, WI.

Key Points: 
  • This morning the company was joined by the Wisconsin Economic Development Corporation (WEDC), the Milwaukee 7 (M7), West Bend officials, and industry partners to celebrate the grand opening of the company's newest manufacturing plant in West Bend, WI.
  • Milwaukee Tool's facility is the first development in the City of West Bend's newest 216-acre industrial park, West Bend Manufacturing Center.
  • "We are proud to welcome Milwaukee Tool to the City of West Bend," said West Bend City Administrator Jay Shambeau.
  • "As Milwaukee Tool has grown its investments in Wisconsin, WEDC has been pleased to invest in Milwaukee Tool."

Kroger Delivery Arrives in Pleasant Prairie

Retrieved on: 
Tuesday, June 28, 2022
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PLEASANT PRAIRIE, Wis., June 28, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's largest grocery retailer, today announced the official opening of the Customer Fulfillment Center (CFC) in the Village of Pleasant Prairie, WI, a city centrally located between Milwaukee and Chicago, powered by the Ocado Group (LSE: OCDO), engineering a model for the region, leveraging advanced robotics technology and creative solutions to redefine the customer experience for our customers in Wisconsin, northern Illinois, and northwest Indiana.

Key Points: 
  • "We are thrilled to launch Kroger Delivery in Pleasant Prairie, continuing our long-standing engagement in the state of Wisconsin.
  • "Kroger is a tremendous example of how a company's vision and collaboration with the Village can provide new jobs to the region, said John Steinbrink Sr., Pleasant Prairie Village President.
  • Our residents will be excited to know a facility in Pleasant Prairie can deliver fresh groceries right to the doorstep of our neighborhoods.
  • "Through our growing partnership, we are helping Kroger Delivery to introduce a world-leading online grocery proposition to their customers across the USA.

New Research Unveils Wisconsin's Regional and National Appeal for Living and Doing Business

Retrieved on: 
Monday, May 23, 2022
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MADISON, Wis., May 23, 2022 /PRNewswire/ -- A new survey by the Wisconsin Economic Development Corporation (WEDC) reveals that both in-state and out-of-state residents view Wisconsin as a good place to do business, raise a family, and enjoy a high quality of life.

Key Points: 
  • Study participants, both in the Midwest and nationally, ranked Wisconsin and Michigan as the most appealing Midwest states overall.
  • "Inside and outside our state, people are discovering all that Wisconsin has to offer and, as they do, our appeal continues to grow."
  • Wisconsin businesses selected high quality of life for the workforce as a top business factor when determining a state's appeal.
  • More than 2,700 Wisconsin business leaders who evaluated the state's business climate.

Arrowhead Breaks Ground on New Manufacturing Facility with Wisconsin Governor Tony Evers and Announces Receipt of Incentives

Retrieved on: 
Monday, May 9, 2022
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I also want to thank Lisa Johnson, President of BioForward, Verona mayor Luke Diaz, Secretary and Chief Executive Officer at WEDC Missy Hughes, and Wisconsin Governor Tony Evers for joining us to break ground on Arrowheads new manufacturing and lab facilities.

Key Points: 
  • I also want to thank Lisa Johnson, President of BioForward, Verona mayor Luke Diaz, Secretary and Chief Executive Officer at WEDC Missy Hughes, and Wisconsin Governor Tony Evers for joining us to break ground on Arrowheads new manufacturing and lab facilities.
  • In the last few years, Wisconsin has been recognized as a powerhouse not just for discovering the latest advances in biopharmaceutical research and development but in manufacturing and producing these lifesaving treatments as well, said Governor Tony Evers.
  • That means that companies like Arrowhead can research new therapies for debilitating diseases, bring them to market, and manufacture them all right here in Wisconsin.
  • Completion of the lab and office space is anticipated in 2023 and completion of the manufacturing facility is expected in 2024.