On Monday, June 23, Wisconsin Energy Corp. announced that they intend to acquire Integrys Energy Group in a transaction valued at $9.1 billion in cash, stock, and assumed debt to form the single holding company WEC Energy Group, Inc. The new entity is projected to have a regulated rate base of $16.8 billion in 2015 […]
WEDC Places Moratorium on Historic Preservation Tax Credit
Date Thu, Jun. 26, 2014 - 1:11pm By Hamilton
The Wisconsin Economic Development Corporation (WEDC) has placed a temporary moratorium on the Wisconsin Historic Preservation Tax Credit program, due to the unexpectedly large influx of projects applying for the tax credit. In December, Hamilton Consulting reported that Governor Walker had signed 2013 Wisconsin Act 62 into law, which raised the Historic Tax Credit on […]
Walmart Responds to NYT Columnist
Date Thu, Jun. 26, 2014 - 12:06pm By Hamilton
Recently, a New York Times columnist took to the papers to put the fight to Walmart to complain about the income gap for employees. Walmart fought back however, with red edits to “Fact Check” the column. See below:
WMC President on Up Front with Mike Gousha
Date Thu, Jun. 5, 2014 - 10:56am By Hamilton
At the end of May, Wisconsin Manufacturers & Commerce President Kurt Bauer appeared on Up Front with Mike Gousha to discuss Governor Walker’s job growth numbers.
Wisconsin Business Achievement Award
Date Thu, Jun. 5, 2014 - 10:49am By Hamilton
The Flowers Family Foundation will be awarding the first annual Wisconsin Business Achievement Award this October, and is accepting applications now. The award will recognize a Wisconsin individual, partnership, corporation, organization, or educational institution that had a role in supporting and creating a positive impact on the Wisconsin economy. The award will also include a […]
DWD Awards More Worker-Training Grants
Date Thu, Jun. 5, 2014 - 10:41am By Hamilton
In our last edition of Political Tidbits, we reported the Wisconsin Department of Workforce Development (DWD) awarded 37 different employers with $1.5 million in worker training grants for nearly 2,200 manufacturing workers. At the end of May, DWD announced its intent to award nearly $1 million more for worker training grants through the Wisconsin Fast […]
WEDA Members Named to Legislative Study Committee
Date Thu, May. 22, 2014 - 12:05pm By Hamilton
Legislative Council, a nonpartisan legislative service has announced the legislative study committees and symposiums, which will meet throughout the summer with both legislators and citizens serving on the committee. Mike Harrigan and Peter Thillman, both members of the Wisconsin Economic Development Association were named to the Legislative Council Study Committee on the Review of Tax […]
DWD Awards More Than $1.5 Million in Grants
Date Wed, May. 21, 2014 - 4:28pm By Hamilton
The next round of Wisconsin Fast Forward grants were announced earlier this month, and 17 applicants will be given more than $1.5 million in worker training grants. 37 different employers from 15 counties will train nearly 2,200 manufacturing workers. Secretary Reggie Newson of the Department of Workforce Development, who awarded the grants said, “As our […]
WEDA Employee & WEDC Board Member Promoted to VP
Date Wed, May. 21, 2014 - 4:20pm By Hamilton
The Wisconsin Economic Development Corporation (WEDC) has named Tricia Braun as vice president of Economic and Community Development. Braun, a board member on the Wisconsin Economic Development Association and previously WEDC’s regional development director, was chosen for her connection Wisconsin and understanding the challenges facing businesses today. “We conducted a nationwide search to find the […]
Walker Signs TIF Bill with Bipartisan Support
Date Thu, Apr. 3, 2014 - 3:48pm By Hamilton
Governor Walker signed Senate Bill 252, which allows the Department of Revenue (DOR) to reduce the base value of certain tax increment finance districts that have suffered significant declines from their original values. As one of the Wisconsin Economic Development Association’s (WEDA) top legislative priorities, this bill is another example of the retooling that’s continually […]