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Twin Disc planning cost cutting when PPP loan ends
When Racine-based Twin Disc Inc. planned an early July conference call with investors and analysts, chief executive officer John Batten assumed he would be announcing new cost cutting actions.
The banks that administered the most PPP loans in Wisconsin
As part of the federal Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help businesses during the severe economic downturn caused by the COVID-19 pandemic, financial institutions administered more than 85,000 Paycheck Protection Program loans to Wisconsin companies, totaling about $9.88 billion.
Rexnord moving 120 employees into new downtown Milwaukee office
Rexnord Corp. is starting to slowly move 120 of its employees into its new downtown Milwaukee office, according to city records.
Fiddleheads Coffee Roasters to open location at BMO Tower
Fiddleheads Coffee Roasters plans to open a location on the ground floor of the new BMO Tower in downtown Milwaukee.
Southeast Wisconsin’s top PPP loan recipients
The U.S. Small Business Administration released a list today of every company across the country that received a Paycheck Protection Program loan through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
More Milwaukee hotels announce layoffs
The list of Milwaukee hotels that are either extending employee layoffs or making them permanent, due to the dramatic slowdown in business caused by the COVID-19 coronavirus, continues to grow as several notified state officials about plans to cut jobs.
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Kimpton Journeyman Hotel laying off 97 employees
The Kimpton Journeyman Hotel in Milwaukee's Historic Third Ward informed state officials Wednesday that it is laying off 97 employees.
Two office buildings in West Allis sold for $10.1 million
Lincoln Center II and III, two multi-tenant office buildings located in West Allis, have been sold to a group of investors for $10.1 million.
Milwaukee Tool’s planned technology center in Menomonee Falls to be used for product testing, demonstrations
The first new facility that Brookfield-based Milwaukee Electric Tool Corp. intends to build at its planned multi-purpose campus in Menomonee Falls will be used to test its products and showcase them to hundreds of visitors a day, according to documents filed with the village.
Advocate Aurora planning to buy stake in Quartz Health Plan
Advocate Aurora Health plans to acquire a portion of one of the state’s largest HMOs, but it is unclear how much ownership stake the health system will have at the end of the deal.