The business scene in Wisconsin is bustling with activity, and keeping up with the latest news stories is crucial for both established players and newcomers to the game. Here are the top 5 business news stories to watch out for this month in Wisconsin.
1. Kimberly-Clark to Close Fox Crossing Plant
Kimberly-Clark, the American multinational personal care company, is set to shut down its Fox Crossing plant in Wisconsin. The move is part of the company’s ongoing efforts to streamline operations. The plant employs roughly 600 people, and the closure will have a significant impact on the local economy.
2. Fiserv Acquires MerchantPro Express
Fiserv, the global fintech giant, has acquired MerchantPro Express, a payment processing company headquartered in New York. The acquisition will provide Fiserv with a broader suite of products and services, helping the company expand its reach in the payments industry.
3. Aurora Health Care to Merge with Advocate Health Care
Late last year, Aurora Health Care and Advocate Health Care announced plans to merge, creating the 10th-largest not-for-profit health system in the US. The merger is set to close later this month, and will bring together two of the largest healthcare providers in the Midwest.
4. Jordan Graham Joins the Milwaukee Bucks
The Milwaukee Bucks have hired Jordan Graham as their new CFO. Graham brings several years of experience in financial operations and management, having previously worked at NBCUniversal and 21st Century Fox. This appointment is part of the Bucks’ ongoing efforts to build a strong business and basketball operation in Milwaukee.
5. Foxconn to Invest $10 Billion in Wisconsin
Foxconn, the Taiwanese electronics manufacturer, made headlines last year when it announced plans to build a major manufacturing facility in southeastern Wisconsin. The company is set to invest $10 billion in the facility, which will produce LCD panels for a variety of products. The project is expected to create thousands of jobs and have a significant impact on the local economy.
In conclusion, staying informed about the latest business news stories in Wisconsin is crucial for those looking to succeed in the local market. Whether it’s major mergers, plant closures, or high-profile hires, there’s always something happening on the Badger State’s business scene. Keep an eye on these top 5 news stories this month to stay up-to-date and ahead of the curve.
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