Milwaukee Commerce - Summer 2024

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Milwaukee: A City Built on Dedication and Driven by Ideas

At Reinhart, we would like to join the rest of the city in welcoming the RNC to Milwaukee. This is a chance to showcase a city that embodies the very values we hold dear at our firm: dedication, commitment, enterprise, collaboration, and a dogged pursuit of excellence.

Milwaukee is a place where hard work and initiative are part of the fabric of our community. From the generations who built our great manufacturing base to the entrepreneurs and innovators shaping our future, there’s a relentless spirit that drives us forward. It’s a city where initiative is rewarded, and where diverse ideas are not just tolerated, but celebrated. We believe that a wide range of ideas lead to better solutions, and that’s a philosophy we put into practice every day at Reinhart.

Our city is a tapestry woven from countless threads. From the bustling lakefront to the vibrant neighborhoods, Milwaukee is a place where people from all walks of life come together to create a dynamic and welcoming community. This spirit of collaboration is at the heart of Milwaukee’s success, and it’s something we actively foster at Reinhart. We believe that by working together, by leveraging the strengths of each individual, we can achieve far more than we ever could alone.

But Milwaukee isn’t just about hard work; it’s also about enjoying the fruits of that labor. We have a thriving cultural community, a world-class food scene and an ingrained commitment to philanthropy. It’s a city that offers a high quality of life, where you can raise

a family, build a career and still have time to relax and enjoy everything Milwaukee has to offer.

At Reinhart, we take immense pride in being a part of this vibrant community. We share Milwaukee’s commitment to excellence, dedication to collaboration, and belief in the power of diverse ideas. We are proud to call Milwaukee home and look forward to our city’s momentous time in the national spotlight.

RNC by the numbers

History of the RNC

Major

Q & A with Reince Priebus

Immigrant entrepreneurism

Milwaukee 7 update

Fly in July

An Opportunity Like No Other RNC puts Milwaukee, region on the big stage

“Opportunities

multiply as

they are seized.” - Sun Tzu, “The Art of War”

With the Republican National Convention just weeks away, opportunity is clearly knocking. Milwaukee will be square in the lens of global media for five days in July. Fifty-thousand visitors will descend upon our region, and millions around the world will see Milwaukee on their screens. Those here and tuning in will have developed an impression of this community. We need to capitalize.

To do that, we need to step out of our comfort zones and buck the humble Midwest persona, stick out our chests and tell a story that needs to be told.

Southeastern Wisconsin has the amenities young talent is looking for when relocating. From professional and collegiate sports to the arts to outdoor recreation; from a burgeoning startup community to the fifth-largest per-capita concentration of Fortune 500 companies on the planet – this is an attractive place to lay down roots.

During a time when population in our region is stagnating, it’s incumbent upon us to sell it to keep up with the competition vying for that same talent base.

That sales job goes beyond attracting residents.

Our region was recently designated as a U.S. Tech Hub in biohealth and personalized medicine. Hardware and software companies are increasingly calling this region home, and we will continue to see that growth.

Case in point: Microsoft, which is investing more than $3 billion and puts Milwaukee, arguably, at the center of the AI hardware universe.

Couple this with GE Healthcare - the leader on AI healthcare related patents - and our universities and technical colleges working alongside these companies to develop the needed talent pipeline. These are the ingredients necessary to make Milwaukee a leader in this new hardware-meets-software economy.

Steve Case, predicted in his 2022 book “Rise of the Rest” that the next entrepreneurial wave to propel the American dream would occur not on America’s coasts but in the heart of this nation. Here we are Steve, making your predictions come true.

These realities beget opportunities, but we must leverage them. MMAC will use its collective voice and platform to sell the region to attract new business, create jobs and build our base of talent during this critical time.

After the pandemic and muted 2020 Democratic National Convention in Milwaukee, the thought of landing another political convention four years later seemed distant. But here we are, one of only two cities in the country to get this chance in 2024. Let’s take advantage.

2,500 delegates will take part in the RNC, 41 are from Wisconsin.

Interest in local hotels and rentals is almost 6X its annual average at the time of the RNC.

RNC 2024 NUMBERS

110 hotels have contracts with the RNC.

16,000 hotel rooms are needed for the convention.

An estimated 6,000 volunteers are needed to cover about 8,000 shifts for the convention.

The RNC is expected to bring in $200 Million in Revenue

500 events over

are expected to be hosted each day of the convention.

400 buses will transport delegates to and from hotels and convention centers. Almost 1,000 businesses have signed up to be in the MKE 2024 Host Committee’s vendor directory.

15,000 members of the media from around the globe will descend upon Milwaukee.

50,000 people are estimated to be in Milwaukee for the convention.

96%

of Milwaukee hotels are booked for three out of four convention days.

1912

Former president Theodore Roosevelt ran against William Howard Taft before the 1912 RNC and formed a third party when he wasn’t winning. He was the most successful third-party candidate ever, but the split votes between him and Taft allowed Democratic candidate Woodrow Wilson to win the election.

1876

Frederick Douglass spoke at the RNC in Cincinnati, Ohio.

1860

Chicago hosted it’s first RNC and has hosted 25 national conventions, with 14 of those being the RNC.

1856

The first RNC was held in Pittsburgh.

1920

The first women delegates attended the RNC in Chicago.

1854

The Republican party formed in opposition to the extension of slavery.

1944

The RNC was the first convention to be televised and Thomas Dewey was the first Republican candidate to accept his nomination in person.

Bar owner William Sianis hung a “No Republicans Allowed” sign on the door of his tavern during the 1944 RNC in Chicago. Naturally, Republicans overwhelmed the bar and Sianis made out quite nicely from the convention.

Senator Margaret Chase Smith was the first female Republican presidential candidate.

1964 1976

The tension between candidates Reagan and Ford became physical when an attendee ripped the delegation telephone off the wall on the convention floor. This was the last time there were two candidates battling so closely for candidacy at the RNC.

HISTORY OF THE RNC

The RNC was delayed in 2008 and 2012 due to approaching hurricanes.

2008 & 2012 2024

Milwaukee, WI hosts its first RNC.

50 YEARS OF SERVING PEOPLE BETTER

Honoring Our Past, Shaping Our Future

For half a century, SVA has been the backbone of success for countless businesses and individuals spanning the Midwest and beyond.

Founded in Madison, WI, in 1974 by Terry Von Haden and John Suby, SVA began as Suby, Von Haden & Associates, S.C., Certified Public Accountants. SVA has grown throughout the past 50 years to encompass SVA Certified Public Accountants, SVA Consulting, and SVA Life Sciences, evolving from our modest beginnings to become a leading professional services firm catering to a broad spectrum of clients.

Our team members’ expertise spans the areas of business consulting, tax, accounting, and audit in a diverse set of industries. We work towards meeting the strategic vision of each business and the owner’s personal financial goals.

At the heart of SVA is our promise to Serve People Better. These three words describe how we work with our clients, our partners, and each other. It is who we are and what drives our success.

Our very DNA is structured by 31 Fundamentals – principles that define our unique culture and direct our every move. These principles embody SVA’s spirit, fueling our continuous growth and success.

Recognition as a Great Place to Work® for six years in a row stands as a testament to our consistent pursuit of excellence. Reflecting on our journey and looking forward, we are determined to forge a future that is as impactful and groundbreaking as our past.

The past 50 years have equipped us with wisdom, resilience, and adaptability. Yet, it’s our vision for the future that truly invigorates us. From the fundamentals shaping our ethos to our unwavering commitment to community and excellence, our aspirations extend beyond the act of serving. We’re meticulously crafting the future, ensuring that the next half-century is as transformative as the last. As we reflect on our past and embrace the present, we’re not just reminiscing; we’re paving the way for an even brighter future.

Our mission remains clear: to offer unparalleled financial and technological solutions to business owners and executives, helping them navigate challenges, seize opportunities, and achieve a balance between risk and reward. As we look ahead, our goal is to continue fulfilling the needs of our clients for the next 50 years and beyond.

Q & A with Reince Priebus

Chair of the 2024 Milwaukee Host Committee for the RNC

Q. Please provide a little insight into the host committee’s role in a successful RNC Convention.

A: The MKE 2024 Host Committee’s job is to work to ensure Milwaukee is ready to host the convention, and ensure Milwaukee puts our best foot forward. The Host Committee’s main responsibility is to raise the dollars necessary to put on the convention. We are also responsible for recruiting thousands of volunteers and working on behalf of our city, its businesses and residents. Since we opened our doors, the Host Committee has worked around the clock to help our city seize the opportunity this convention presents to showcase Milwaukee on the global stage.

Q. Explain the difference between your role for this convention and your role during the 2016 RNC Convention in Cleveland.

A: In Milwaukee, I’m proud to serve as Chairman of the MKE 2024 Host Committee - the nonprofit, nonpartisan entity responsible for hosting the convention. We work in partnership with the Republican National Committee’s Committee on Arrangements here in Milwaukee. I was Chairman of the RNC during the Cleveland Convention in 2016 and the Tampa Convention in 2012 where I was leading the political side of the convention. It’s a different role because here I’m focused on the nonpartisan side of showcasing our city and region to the 50,000 visitors from around the world.

Q. What have you enjoyed most about the role you’ve played with convention preparations?

A: One of the best parts of getting ready for the convention is the opportunity to introduce our city and region to the RNC and to businesses and leaders from around the country. We have a great state – and great businesses who have been incredibly supportive of our efforts so far. I have really enjoyed getting to work on their behalf throughout this effort.

Q. How many people do you expect to descend on the region?

A: Some estimates show that more than 50,000 attendees could be in Milwaukee for the convention with an impact stretching throughout southeastern Wisconsin. That’s about the population of Menomonee Falls and Grafton combined. This number includes delegates, the press, staff and others interested in the production.

Q. What economic opportunities will the convention bring to Wisconsin? During? Post?

A: We’ve already seen hotels across southern Wisconsin booked full and Milwaukee venues opening their doors for events, but the benefits don’t stop there. We’re hopeful that downtown businesses will see an influx in traffic, but guests will be across the entire region visiting local restaurants and shopping at local businesses.

Q. Tell us a little about the safety and security measures being taken for the week of the convention.

A: The U.S. Secret Service is partnering with the city and local law enforcement agencies to create a plan that I’m confident will keep the region safe. We’ve been working to connect businesses with the Secret Service to ensure interruptions are understood far out and minimized where possible.

Q. Are there still opportunities for the community to get involved with the convention?

A: Anyone interested in checking out the action when the RNC is in town should come downtown and enjoy the city. While there will be an increased amount of security, businesses will be open and the streets will be filled with excitement. We want to make sure that all the out-of-state visitors see Wisconsin as a place to come back to.

Q. As a Wisconsin native, what do you think visitors will be most surprised about during their visit to Milwaukee?

A: Visitors are going to be surprised by a lot of what Wisconsin has to offer, from the vibrant city of Milwaukee and its world class restaurants to our beautiful beaches and Wisconsin hospitality. My hope is guests will leave with a positive impression of the region and come back later whether it is for business or fun.

Q. With a worldwide platform, how do you want the region highlighted? What do you want the world to learn about our region?

A: The world is going to see a lot of Milwaukee and Wisconsin heading into November and I’m confident they’re going to like what they see. They’ll see the Milwaukee skyline, a global business community and a place where people want to work, live and play. Above all, I hope the world learns that Milwaukee and the entire region are thriving – and should be a place they consider whether for business or recreation.

Q. What does a successful convention look like to you?

A: A successful convention showcases the city and region to tens of thousands of guests that may never otherwise visit. We’ll know the convention is a success when we see the impact for years to come measured by events attracted, and a city that continues to thrive.

Your business brings something different to the world, and we’re here to provide the financial solutions to help it thrive. When you partner with us, you gain access to a team committed to crafting creative solutions, anticipating your needs, and knowing the ins and outs of your business and the communities we serve.

RECENT DEALS

$11,500,000

GROUND UP CONSTRUCTION –EXISTING CLIENT LIHTC – MULTIFAMILY

CHRIS HABJAN Vice President Wintrust Commercial Banking chabjan@wintrust.com 414-255-1009

$1,500,000 REAL ESTATE REFINANCE, WORKING CAPITAL LINE, TREASURY MANAGEMENT

CONTRACTING FIRM

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EASY ACCESS WORKING CAPITAL LOAN IN THE CITY OF MILWAUKEE

CHILD DAYCARE CENTER

MEET THE TEAM

GLENN MARGRAFF Executive Vice President Wintrust Commercial Banking gmargraff@wintrust.com 414-255-1002 BILL STONE Group Senior Vice President Wintrust Commercial Banking wstone@wintrust.com 262-369-8833

RAHIM KEVAL Vice President Wintrust Commercial Banking rkeval@townbank.us 414-255-1010 townbank.us/partnerships

COURTNEY BRODERICK Vice President Treasury Management cbroderick@townbank.us 414-255-1013

LAVERNE DAVIS Vice President Business Development Officer ldavis@townbank.us 414-273-3748

Grow Your International Business — What Small Businesses Need to Know

Does your company have the potential to sell products and services overseas? Are you looking for growth opportunities in export markets? Selling internationally can be more profitable than domestic sales, and is a great way to diversify your sales base, but it can also be more complex. Working with a bank that can provide international services is crucial.

Navigating your foreign sales negotiations

One of the keys to a successful export strategy is to have a good relationship with your banker and its international department. They can help you navigate the complexities involved in adequately financing your export sales while mitigating any repayment risk with a foreign buyer.

For example, while you may want to be paid before you ship your product, your buyer may push you for open account terms. Using the right repayment tools may help you find an appropriate level of compromise for the risks.

Managing a company’s working capital for overseas orders can be more challenging due to the extra lead time that includes shipping the product. While your business might have standard domestic terms that lessen the burden of having to borrow funds to finance an order, this payment structure may also prevent you from winning a sale.

It helps to know what resources and financial products are available to you. When your business can speak the same financing language as your potential customers, you’re put in a more favorable negotiating position. Securing an export working capital line of credit from your bank can help you bid confidently on export opportunities.

Work with Wintrust

Our team of award-winning SBA lending experts, combined with our experienced international bankers, offers a full-service experience from financing to payment collection. With a focus on serving businesses that export — even if it’s just 10% of sales — we have the proper credit infrastructure in place and can provide the right advice on trade products such as letters of credit, credit insurance, and collections services to protect your company’s repayment risk. As an additional competitive strategy for exporters, Wintrust can also offer foreign currency risk products and services.

AfroCharts: Streaming African music around the world

Over one quarter of U.S. entrepreneurs are immigrants, and Harvard Business Review says their businesses are more likely to thrive as they create job opportunities and revive areas with new ideas. The resilience and unique skill sets often acquired by those immigrating to a new country are a huge asset to communities and the economy, and their businesses bring in billions of dollars. This series highlights Milwaukee businesses that are founded, owned and operated by immigrants. We’ve had the privilege of hearing their stories and backgrounds, as well as what makes them so valuable to our community.

Leonard

Novati and his family returned to their east-African country of Burundi from a refugee camp in Tanzania in the 1990s, only to flee two years later when another civil war broke out. Novati was no more than six years old.

“You just hear gunshots everywhere. You don’t know where they’re coming from, and you hear people scream, people running. All you can do is pick up whatever you have and you run,” he said.

The country experienced ethnic conflict on and off since the 1960s, with a ceasefire signed in 2006. When Novati’s family fled on foot, they made a weeks-long journey through the mountains back to Tanzania. Novati had one younger sister at the time, although now he has eight.

AfroCharts. The app has over 500,000 users. AfroCharts allows users to stream music from several African countries and in a variety of genres.

Novati came to the United States in 2007, when the U.S. began accepting Burundian refugees. His family was placed in Wisconsin, which they were told was “a lot of cows...and milk and cheese but forgot to mention the snow and cold weather.”

Novati, now a resident of Milwaukee, is the founder and owner of the world’s third most popular African music streaming platform,

He started ninth grade at age 17 not knowing a word of English and graduated as salutatorian at age 21 from Milwaukee’s Washington High School of I.T.

As someone who had never seen a computer before, Novati was quickly awed and intrigued by the school’s computer lab. He studied computer science in college at Stetson University in Florida. His natural desire to learn how things work and to create comes from his childhood.

“Kids in Africa create their own fun. We were creating our own toys,” Novati said.

Immigrants tell their entrepreneurial stories
Hailey Pitcher Communications Intern MMAC

Novati is obviously passionate about music.

and his day job is with Northwestern Mutual as a Software Engineer, where he has been for two years.

“I just have that music fire in me,” he said. “Music is one of the things that can reach people no matter what race or cultural differences.”

In college, Novati became a DJ and after graduating, he was DJing big events like a Marquette University’s senior ball at Potawatomi Casino Hotel. Something was missing, though.

Music is one of the things that can reach people no matter what race or cultural differences.

When Novati looks back on becoming an entrepreneur, one of his biggest challenges was burnout. He worked alone, which meant long hours and late nights focused on creating his app and platform. With that in mind, he said entrepreneurs should, “try to figure out how you can do just your part and let somebody else do their part.”

“I wanted to do something for African music and African culture,” he said.

The tireless work never dimmed Novati’s passion for seeing people use his platform to listen to African music.

Some of the most rewarding parts of his company are, “seeing the audience appreciate what we created and using it. From the listener, finding music they used to listen to as a young kid,” he said.

He missed the harmony of drums from Burundi and the way its beauty made him feel.

“I wanted to keep sharing my love of music,” he said.

Novati considers himself a quick learner, a skill that has served him well as he became fluent in English and built a life using technology after never having touched a computer before immigrating to the U.S.

“When I’m determined, there’s no going back. I keep looking forward,” Novati said.

In 2016, Novati started AfroCharts.

“I’m going to start a music streaming platform dedicated to just African music and African artists,” he said.

As an immigrant to the United States, he saw the great opportunities and resources at his fingertips, which many Americans take for granted. Months of long days and sleepless nights culminated in a streaming app for iPhones and Androids.

He became a member of the MMAC, stressing the importance of networking and making connections, even if it doesn’t feel natural.

Novati will bring his passion for music to Summerfest this year at 4 p.m. Saturday, June 29, at the Aurora Pavilion as he will be hosting the first ever Afrobeats music experience at the festival. This AfroFuxion event has been in the works for over a year, after AfroCharts won two awards at the Summerfest Tech Conference. Novati hopes to see people appreciating African culture and dancing to the music he loves.

The app now has about half a million listeners each month, many of whom live in Africa. Incredibly, most of this traffic is organic, since Novati said he does not have the resources to pour into marketing. The most popular country is Zambia, followed by Malawi and South Africa. Novati now works with five people on his team. Over the years, he has employed people in various countries throughout Africa to educate his audience, many of whom haven’t heard of streaming. Novati is still in the process of expanding AfroCharts,

In the future, Novati aspires to give African music more of an audience in Milwaukee instead of focusing solely on the online platform. Last October, he began hosting monthly Afrobeats parties at ELMNT Lounge called AfroFuxion. He hopes to expand to more events, mixing African food and music.

“My end goal for Milwaukee is to have a place, like a lounge...where people can come and enjoy African food, drinks and music,” he said.

Leonard Novati demonstrating how to use his AfroCharts app.

EMPLOYEE BENEFITS EMPLOYER BENEFITS

A transit benefit can eliminate the thousands of dollars spent annually on commuting costs.

Studies show that these savings increase the rider’s standard of living and help refuel the economy.

A transit benefit is a cost effective tool in retaining quality employees and reducing turnover.

Employees arrive to work relaxed and on time, important keys to employee productivity.

Commuting Made Simple

Milwaukee is on the national stage, and it shines brightly in the limelight, with its vibrant culture, strong work ethic, and thriving businesses. The Milwaukee County Transit System (MCTS) has played a significant role in Milwaukee’s success with many options for people get to and from work, events and errands seemlessly.

Milwaukee has always been a city that adapts to meet changing transportation needs and the Commuter Value Pass (CVP) program is yet another example of this. It’s a valuable asset that has helped Milwaukee shine.

The CVP program is a corporate initiative that allows companies to provide transportation for their employees at a fraction of the regular cost. This process is managed by MCTS keeping it simple for everyone involved. The cost of the pass may be deducted from employee paychecks pretax or cost shared. Employers may even receive a tax benefit as the cost of participating in the program is a deductible expense. It’s a win-win situation for both the employer and the employee. The CVP program is integral to MCTS’s new transit app, UMO, and the WisGo card. These technologies allow for seamless, cash-free boarding and route transfers.

Employers say the CVP program aids in recruitment and retention efforts as it allows their employees to avoid the hassles of driving and parking. Whether your employee is a non-driver, environmentally conscious, hourly, essential, an executive, or a person with a disability, they can take a seat and leave the driving to us.

Contact MCTS to find out about our simple setup and coordination, cost sharing options, and tax benefits. Happiness is a stress free commute!

CVPass@mcts.org

MCTS leads the region by introducing Wisconsin’s first bus rapid transit (BRT) service, CONNECT 1. The 9-mile route links major employment, education, and recreation destinations along the region’s most vital and congested corridor, providing service every 10 minutes on weekdays during peak times. MCTS is also planning a second CONNECT route, running north-south, scheduled to open in 2028.

“Offering public transit as a benefit demonstrates who we are and to make sure that our employees have the best of the best. The CVP program is another way that we invest in our employees.”

Microsoft Senior Director of Public Policy Presents on the State of AI The AI Conversation Is Just Beginning

OnMay 29, Milwaukee gave a warm welcome to “The State of AI” event keynote speaker Ryan Harkins, Microsoft’s Senior Director of Public Policy. Following Microsoft’s recent $3.3 billion investment into a data server and cloud computing facility in Mt. Pleasant, Wisconsin, AI has become an important topic of conversation among manufacturing business leaders within the Milwaukee region.

Ryan Harkins’ presentation touched on important developments in the world of AI, ethical implications of machine learning, and the best way to ensure responsible use of the tool.

Although AI has been around for some time, both its opportunities and risks are at the forefront of many business leaders’ minds. According to Harkins, three advancements serve as the basis of excitement around this technology.

First, the computer programs that create algorithms are getting better and better at recognizing data patterns.

Second, the cost to store data is cheaper than ever before. Harkins remarked that, “In the eighties it would have cost you over a billion United States dollars to store every book that had ever been written in the history of humankind. Last year you could do that for under a grand.”

The third advancement in AI is processing power. Harkins used cellphones as an example. He referred to them as “supercomputers” due to their ability to process incomprehensible amounts of data in short periods of time.

While many are excited about AI’s ability to shape the future of business, there are still various questions and concerns surrounding ethical and responsible use of machine learning.

Pictured: Dale Kooyenga, MMAC President; Ryan Harkins, Senior Director of Public Policy, Microsoft; Gale Klappa, Executive Chairman, WEC Energy Group and M7 Co-chair; and Jim Paetsch, Senior VP, Corp. Relocation & Expansion and Executive Director, Milwaukee 7

Harkins opened this portion of the conversation with a question:

“What kinds of guardrails need to be in place in order to ensure that while we and others enjoy the benefits of AI, we minimize any potential risks or harm?” One point made by Harkins is the need for legislative action on both state and federal levels.

Establishing laws can help to minimize the misuse of machine learning technology.

If there is one takeaway from Ryan Harkins’ presentation, it is that the conversation is just beginning! There is still an abundance of information to uncover surrounding AI’s capabilities and how businesses can implement the technology in an innovative, responsible manner.

M7 welcomes to Wisconsin

Earlierthis year, WestRock Company announced plans to build an advanced corrugated converting facility in Pleasant Prairie. WestRock provides innovative and sustainable paper-based packaging solutions across multiple sectors including consumer products, food and beverage, healthcare, e-commerce, industrial products and more.

Construction on the state-of-the-art facility located at the LogistiCenter will begin this year.

“We’re confident that expanding our presence in an area of demand like the Great Lakes will enhance our ability to serve our customers in this important region,” said David B. Sewell, chief executive officer, WestRock.

The Milwaukee 7 (M7) regional economic development organization worked to attract WestRock to Southeastern Wisconsin.

“We’re delighted that WestRock will establish its new production facility in our region, locating on a portion of We Energies’ former power generation site in Pleasant Prairie. It’s exciting to see how WestRock will leverage the existing infrastructure to its full potential,” said Gale Klappa, Co-Chair of Milwaukee 7 and Executive Chairman of WEC Energy Group. “WestRock is a leader in the packaging sector. The company’s choice to locate here further underscores the value of our region’s assets.”

Missy Hughes, the Secretary and CEO of the Wisconsin Economic Development Corporation (WEDC), also applauds the Atlantabased company’s move to Kenosha County.

“WestRock’s decision to move to Pleasant Prairie is a win for Wisconsin and for our state’s paper industry,” Hughes said. “WestRock’s innovative, sustainable approach to manufacturing offers the kind of leadership that will continue to move this vital sector of our economy forward.”

NAVIGATING YOUR COMPANY’S FUTURE.

No one knows what tomorrow will bring. But when you partner with Associated Bank for all your commercial banking needs, we help you navigate your business with tomorrow in mind.

Jeffery R. Schaefer

Senior Vice President

Commercial Banking Team Lead Office: 414-283-2385

Jeffery.Schaefer@AssociatedBank.com

James W. Engel

Senior Vice President

Commercial Banking Senior Team Lead Office: 414-283-2353

James.Engel@AssociatedBank.com

Dan Holzhauer

Senior Vice President

Commercial Banking Team Lead Office: 414-283-2361

Daniel.Holzhauer@AssociatedBank.com

Managing Interest Rate Risk in a Volatile Market

Interest rate risk is the potential impact of unfavorable interest rate changes on your company’s income statement and cash flow. In today’s fast-changing economic environment, it’s important to understand and manage your exposure to both short-term and long-term interest rates.

Exposure to short-term rates can affect your company’s floating rate loans, lines of credit, deposits, construction loans and short-term debt used to finance current assets like inventory and receivables. Floating rate indexes like SOFR and Prime closely track changes in the Federal Reserve’s target Fed funds rate, which is its key monetary policy tool. As the Fed adjusts rates, your borrowing costs can change quickly.

Long-term rates are important for assets like commercial real estate, plants and equipment that are typically financed on a long-term, fixed-rate basis. You can manage this exposure with fixed-rate loans or interest rate swaps at various maturities. Keep in mind that long-term rates are driven by the market’s expectations for future Fed actions, as well as global economic risks that affect the supply and demand for Treasury bonds, corporate bonds and other debt instruments.

Over the past two years, aggressive rate hikes by the Fed, concerns about inflation and economic and geopolitical risks have created a very volatile interest rate environment. In addition, short-term rates have been higher than longterm rates for more than a year. This unusual situation, known as an inverted yield curve, creates both challenges and opportunities for companies trying to manage upcoming debt maturities.

Your Relationship Manager, with support from product specialists across Associated Bank, can help you navigate this unpredictable interest rate market. They can work with you to:

• Identify your level of exposure and material risks.

• Interpret market signals on the direction of interest rates.

• Propose solutions that take advantage of the bank’s full suite of lending, deposit and interest rate hedging products.

By understanding your risk exposure and working closely with your Associated Bank team, you can make informed decisions to manage interest rate risk and position your company for success in any market condition.

Scan the QR code to read more.

Healthy smile, happy life

Overall wellness starts with good oral health, and it’s easy to smile when you feel good. Regular visits to the dentist for checkups and cleanings are fundamental to making your smile last and preventing tooth decay and gum disease. Ideally, employers offer a dental insurance plan to their employees, but that’s not always the case. Delta Dental of Wisconsin has the option for employees to purchase a dental plan on their own, since some do not have access due to being part time, seasonal, or retired. Individual dental plans stay with the member, despite job or life changes.

Our dental plans offered to individuals are backed by the same networks utilized by employer-sponsored plans. We know that overall health is connected to oral health, so by having a dental plan, individuals are more likely to get the routine services that often catch oral and overall health issues at the earliest stages. Over 120 diseases can be detected in a dental exam. In fact, more than 90% of all systemic diseases are linked to oral health.

What makes us best in class is our 60+ years of dental experience, affordable plan options, and strong network. In Wisconsin, 88% of dentists participate in our networks.

Be sure to encourage dental coverage for employees through an employer-sponsored plan or individually – routine oral health care will ensure healthier, happier employees and smiles!

I’m happy to answer questions or assist you in any way.

Milwaukee Mitchell International Airport preps for 2024 RNC Fly in July

With the Republican National Convention just weeks away, Milwaukee Mitchell International Airport (MKE) is gearing up for a busier-than-usual July. As the host city of the 2024 RNC, Milwaukee’s hometown airport expects to welcome thousands of travelers in the days leading up to and following the convention. Attendees will fly into Milwaukee from across the country, and the Airport is forecasting an especially busy summer—which is (even without the RNC traffic) already one of the most popular times to travel by air.

An expected influx of travelers from large cities like New York and Washington, D.C., creates the perfect opportunity for airlines in Milwaukee to add nonstop flights and to upgrade to larger aircraft with more seats. And that’s exactly what they’re doing.

On the peak arrival days leading up to the convention, United Airlines will add eight nonstop roundtrip flights from Washington-Dulles, two from Washington-National, and two from Denver. American Airlines will offer a nonstop roundtrip flight from New York-LaGuardia. Similar schedules will be in place for departing flights on July 19, after the convention ends.

Along with the new flights, United will upgrade some of its existing Newark and Chicago flights from regional jets

to full-size mainline aircraft to accommodate additional passengers connecting in those cities. American will upgrade aircraft for its existing Washington, D.C. flights during the peak arrival and departure days.

These new flight options not only make it easier for RNC attendees to access Milwaukee, but they also empower our local travelers with more choices. Those in Milwaukee can fly in reverse of the convention dates to escape the crowds and take advantage of additional nonstop flights to various U.S. cities.

Separate from those air service additions made in preparation for the RNC, MKE continues to grow as the easiest and most convenient Airport for local travelers. In the first half of 2024, MKE welcomed several new destinations and improved service.

Frontier Airlines launched new nonstop service from Milwaukee to Raleigh-Durham and Philadelphia in May. Spirit Airlines announced that new nonstop flights to Dallas-Fort Worth will begin in July. Alaska Airlines recently increased its popular nonstop Seattle flights to twice a day, and JetBlue’s Boston service is now flown on a larger mainline aircraft with additional seats.

Milwaukee startups in the news

First quarter 2024 proved to be an exciting one for those watching the Milwaukee 7 Region’s startup ecosystem.

According to PitchBook, in the first three months of 2024, Wisconsin startups raised at least $119.48 million in funding. Elephas, the Madison-based MedTech startup, was the state’s top fundraiser, securing $51.22 million in funding in a deal led by the State of Wisconsin Investment Board and Venture Investors of Madison.

First quarter’s secondlargest funding round was raised by Delafield-based AI company, Synthetaic The $15.9 million round was co-led by Titletown Tech and Lupa Systems out of New York.

in the competition, taking home prizes for Best Startup Innovation and Integrated Sensing and Cyber.

Launched in 2020 by CEO and founder Michael Adam, the nine-person advanced cryptography company has found success protecting the data of the U.S. government and military.

the first three months of 2024, Wisconsin startups raised at least $119.48 million in funding

Milwaukee 7-region startups are being recognized on the national stage.

Milwaukee-based data-verification and data-tracking startup Adam Aerospace wowed the judges during the Space and Defense Innovation Showcase at South by Southwest in March. The SaaS company won two of the seven categories

RoddyMedical was chosen as one of 10 participants for the MedTech Accelerator program hosted by Mayo Clinic and Arizona State University (ASU). At the end of the 10-day program, the company’s pitch earned the Audience Choice Award for its presentation of its innovative SecureMove-TLC®, a medical device designed to secure and manage different types of medical tubes, lines and cords to support patient therapy efficiency and improve medical line management and safety.

Startup standout Neostella has been named one of America’s Best Startup Employers for 2024. This is the company’s second year on the list which evaluates 2,600 startup candidates in their reputation as an employer, employee satisfaction and growth and awards the 500 businesses that rank the highest.

Won Best Startup Innovation and Integrated Sensing and Cyber at Space and Defense Innovation Showcase at South by Southwest. Startups

Madison-based MedTech startup, was the state’s top fundraiser, securing $51.22 million in funding.

Delafield-based AI company raised the second-largest funding at $15.9 million.

For more news on the founders and funders that make up Milwaukee’s dynamic startup ecosystem, check out :

“Being recognized as a Forbes Top Startup Employer for the second consecutive year is a tremendous honor that speaks volumes about the incredible team we’ve built,” said Neostella Founder and CEO Matt Lautz. “This achievement is a celebration of our shared commitment to pushing boundaries and nurturing a culture where everyone can excel.”

Plymouth-based canned cocktail company Carbliss has been named by Inc. Magazine as the fastest growing company in the Midwest. The company tops the list with the report of an amazing 7,127 percent growth. Launched in 2019, cofounders Adam and Amanda Kroener created a 100-calorie, ready-to-drink cocktail that is free of carbohydrates, sugar and gluten.

Milwaukee 7 Region startups also shine closer to home.

Of the nearly 150 contestants in the Wisconsin Governor’s Business Plan Contest, only 13 remain, five of which are from the Milwaukee 7 region. Lotza, Luna, Rockhopper Ice Collective, TRT Speech Labs and Venus Rehabilitation Technologies are all vying for prizes that include cash, office space, legal assistance, accounting, information technology consulting, marketing, and more.

The Summerfest Tech Pitch Competition returns on June 26 with eight startups competing for a chance to win a share of

$50,000 in prize money. The competition, produced by Young Enterprising Society in partnership with Molson Coors Beverage Company, saw a record number of applicants from across the globe. Three startups from the Milwaukee 7 region were chosen to pitch in the competition: Atomix Logistics, Lotza and RoddyMedical

Highlighting our Innovative Region

To promote innovation in the region, the MKE Tech Hub Coalition is launching a strategic partnership with Global Village Publishing Inc. to create INNOVATE® Milwaukee, a book highlighting the most innovative thought leaders, companies and enablers who are driving change in the greater Milwaukee region. The content will also be used in digital marketing for regional talent on their attraction site, www.choosemketech.org.

Interested individuals and organizations should contact contact@mketech.org.

Earned the Audience Choice Award at the MedTech Accelerator program hosted by Mayo Clinic and ASU.

Named one of America’s Best Startup Employers for 2024.

This Plymouth-based canned cocktail company has been named by Inc. Magazine as the fastest growing company in the Midwest.

Combating Resenteeism

The workplace has been affected by quiet quitting and resenteeism, two trends that reflect employee disengagement. Quiet quitting involves employees doing only the minimum required without showing discontent. Resenteeism entails employees staying in their roles but being openly dissatisfied and disengaged, leading to a toxic work environment.

To combat resenteeism, leaders should adopt proactive strategies:

1. Promote Open Communication: Encourage feedback through surveys and informal interactions to make employees feel heard.

2. Provide Growth Opportunities: Offer training, workshops, and continuing education to align personal and organizational goals, reinvigorating employees’ passion for their roles.

3. Recognize Efforts: Regularly acknowledge and reward employees’ hard work through recognition, performance bonuses, or additional responsibilities.

4. Prioritize Work-Life Balance: Implement flexible working hours, remote work options, and mental health days to show that employee well-being is a priority.

5. Lead by Example: Demonstrate commitment to open communication, continuous learning, and employee well-being to inspire teams to adopt these values.

6. Implement Targeted Interventions: Conduct regular check-ins to identify at-risk employees, address specific issues, and realign goals.

7. Enhance Leadership Training: Equip managers with tools to effectively lead and develop their teams.

By taking these steps, leaders can create a supportive and productive work environment, reducing resenteeism and enhancing organizational success.

Facilitator and Coach

Living As A Leader (414) 803-2491

livingasaleader.com

Festive Flavors, Milwaukee Legacy Festive Flavors, Milwaukee Legacy

Welcome to Milwaukee! Enjoy our beer, brats, cheese … and barbeque.

It’s hard to spend a summer in our city without seeing the Saz’s name, and that’s by design.

An institution in the city’s festival circuit, Saz’s can be found operating concession stands at Summerfest, Wisconsin State Fair, Bastille Days and Irish Fest, and in 2024, as vendor for the 2024 RNC.

“As our hospitality scene continues to flourish, we’ve been proud to call Milwaukee home for over 48 years,” says Curt Kluth, chief executive officer. “If it’s your first time in Milwaukee, you have to do a Miller Brewery tour and then head just a few blocks west to Saz’s State House so you can join us for a cocktail and a bite where it all started in 1976.”

Kluth says the classics, like hand-rolled mozzarella marinara, sour cream and chive fries and white cheddar cheese curds, still reign supreme.

“We are so proud that when people think of Summerfest food, Saz’s is usually one of the first things out of their mouths,” says Kluth. “We have to be ready with truckloads of food each year from our local partners like Johnsonville, Sciortino’s Bakery, Milwaukee Pretzel Co., and, of course, with plenty of Wisconsin cheese!”

Saz’s State House is still operating in the same location today and in addition to its festival portfolio, Saz’s maintains successful catering and barbeque product retail divisions. They’re also a major employer in the city, especially seasonally.

We are so proud that when people think of Summerfest food, Saz’s is usually one of the first things out of their mouths.
Curt Kluth
CEO, Saz’s Hospitality Group

In 1979, just three years after Saz’s put its stake in the ground, a State House regular shared the need for a food vendor at Summerfest’s Miller Jazz Oasis. After “a lot of brainstorming and a couple of Miller High Lifes,” Summerfest attendees were introduced to a selection of handheld menu items – meant to be enjoyed while standing and watching live music. Saz’s has been a Summerfest mainstay ever since, where today a dedicated team of over 200 workers serve up thousands of meals daily.

“For many of our team members, it’s their first taste of the workplace, and as a seven-time Top Workplace award winner, we see many individuals come back to join our team summer after summer,” explains Kluth, who himself has been an employee of Saz’s since 1994. “We’re home to a diverse and motivated workforce.”

Kluth credits the Saz’s pipeline of hospitality talent for providing great food and over-the-top service to Milwaukee residents and visitors alike, cementing their decision to thrive in the city where the company’s story began.

“Saz’s heart beats to Milwaukee’s rhythm,” he said. “Especially now as we raise a toast to the city’s vibrant charm and one-of-a-kind flair with a summer to remember just around the corner.”

HOW LOOKS COMMITMENT

At CG Schmidt, we don’t just build buildings. Our projects lay the foundation for the future. They’re spaces where businesses can grow, medical advances are made, tomorrow’s leaders are educated, and relationships are formed. As your trusted building partner, we recognize that the success of your work ultimately depends on ours, and we look forward to working with you today, so we can build a better tomorrow, together.

MILWAUKEE // MADISON // ARIZONA CGSCHMIDT.COM

New MMAC Members

FEBRUARY

- APRIL 2024

A3Travel Group with Dream Vacations

Angela Kallay, Co-Owner 9332 S. Sherwood Ct. Franklin, WI 53132

a3travelgroup.com (414) 739-5073

Travel Agencies/Bureaus

AfroCharts

Leonard Novati, Founder & CEO 4570 N. 101st St. Wauwatosa, WI 53225

afrocharts.com (414) 817-2465

Entertainment

American Society for Quality (ASQ)

Sid Bhatnagar, CEO 600 N. Plankinton Ave. Milwaukee, WI 53203

asq.org (800) 248-1946

Associations

Arthritis Foundation - Wisconsin

Leah Delaney, Associate Director 6666 Odana Rd., PMB 142 Madison, WI 53719

arthritis.org/local-offices/wi (608) 239-4773

Health Care Advocates

ATL Corp

Sara Brekke, Sales Manager W140N9504 Fountain Blvd. Menomonee Falls, WI 53051 atlco.com (262) 255-6150

Manufactures - Medical Devices

Buelow Vetter Buikema Olson & Vliet LLC

Christina Katt, Shareholder 20855 Watertown Rd., Ste. 200 Waukesha, WI 53186

buelowvetter.com (262) 364-0304

Attorneys

Business Fitness, Inc.

Dave Hynek, President 10532 N. Port Washington Rd. Mequon, WI 53092 business-fitness.biz (262) 389-8020

Software Consultants

Center for Urban Teaching

Krysta DeBoer, Executive Director 2600 W. Wisconsin Ave. Milwaukee, WI 53233 cfut.org (414) 443-9180

Educational Consultants/Services

Chris Kolenda Leadership

Christopher Kolenda, Founder 2245 N. Lake Dr. Milwaukee, WI 53202 chriskolenda.com (571) 303-8096 Consultants

Coffee Makes You Black

Djdade Denson, Partner 2803 N. Teutonia Ave. Milwaukee, WI 53206 cmybmke.com (414) 520-5240

Restaurants

CTI (Conference Technologies, Inc.)

Sam Fitzhenry, Design Consultant 4508 W. Burnham St. Milwaukee, WI 53219 cti.com (262) 790-1130

Audio Visual Systems/Equipment

Dan Beyer Architects

Daniel Beyer, Owner 225 E. St. Paul Ave., Ste. 303 Milwaukee, WI 53202

dan@danbeyerarchitects.com (414) 239-8267

Architects

Derco, A Lockheed Martin Company

Brittany Nash, Communications 8000 W. Tower Ave. Milwaukee, WI 53223 dercoaerospace.com (414) 355-3066

Aircraft Equipment-Parts/Supplies

DEVELOP LLC

Matthew Moseman, President 319 Yard Dr. Verona, WI 53593 develop-llc.com (262) 622-6104

Automation Systems/Equipment

Dynamic Developments

Brian Hendricks, CEO 307 W. Sugar Ln. Glendale, WI 53217

dynamicdevelopments.net (414) 436-7305

Organizational Development

Equitable Advisors

Andrew Firminhac, Financial Professional 111 E. Kilbourn Ave., Ste. 800 Milwaukee, WI 53203 equitable.com/individuals (414) 276-2000

Financial Planning-Consultants/Services

ETE REMAN

Nicole Stubbs Executive Administrator and Board Liaison 4949 W. Brown Deer Rd. Brown Deer, WI 53223 etereman.com (414) 279-5504

Manufacturers

Evans Transportation

Jon Mariano, Chief Strategy Officer 440 Wells St., Ste. 200 Delafield, WI 53018

evanstrans.com (262) 754-5700

Logistics/Transportation

Is your building’s temperature set to save you energy and money?

Invest in a smart thermostat to optimize the temperature while increasing comfort.

Get more energy-saving tips for your business. Scan this code or visit we-energies.com/savings/business/saving.

New MMAC Members

FEBRUARY - APRIL 2024

continued from 35

Fairbanks Morse Defense

Tim Oswald, CHRO

655 Third St., Ste. 301 Beloit, WI 53511 fmdefense.com (608) 364-8354

Manufacturers

First Stage

Kelly Gerlach

Director of Development and Alumni Engagement

325 W. Walnut St. Milwaukee, WI 53212 firststage.org (414) 267-2938

Theater-Performing Arts

Friends of the Domes

Kathy Kortes, Advancement Director 524 S. Layton Blvd. Milwaukee, WI 53215 milwaukeedomes.org (414) 257-5608

Parks

Hmong American Peace Academy

Chris Her-Xiong, CEO 4601 N. 84th St. Milwaukee, WI 53225 myhapa.org (414) 800-1797

Schools-Academic-Secondary/Elementary

INDYCAR

Jamie Cool

Milwaukee Mile - Director of Corporate Sales 4551 W. 16th St. Indianapolis, IN 46222 indycar.com (517) 375-3737

Events

Kujawa Enterprises, Inc.

Tonia Stavedahl

Business Development Manager 824 E. Rawson Ave. Oak Creek, WI 53154 keiorange.com (414) 766-1900

Landscape Contractors

Lanex Developers LLC

d.b.a. Lanex

Matt McCoy, President 515 W. North Shore Dr., Ste. 5 Hartland, WI 53029 lanex.com (262) 789-0966

Technology

MainSpring Sales Group LLC

Craig Lowder, President 8011 N. Whitney Rd. Fox Point, WI 53217

smoothsellingforever.com (630) 649-4943

Consultants - Coaching

Materion

Monica Mondragon-Gomez HR Manager 407 N. 13th St. Milwaukee, WI 53233 materion.com (414) 289-9800

Chemicals-Wholesale/Manufacturers/ Distributors

Mayville Engineering Company (MEC)

Judy Bingenheimer Executive Assistant 135 S. 84th St., Ste. 300 Milwaukee, WI 53214 mecinc.com (920) 387-4500

Metal Fabricators

Metro Eye

Ellen Ringle

Associate Optometrist 325 E. Chicago St. Milwaukee, WI 53202

metroeye.biz (414) 727-5888

Health Care Services

MKE Business Coach

Kate Halfwassen

Chief Get Things Done Officer (CGTDO) 1313 N. Franklin Pl. Milwaukee, WI 53202

mkebusinesscoach.com (414) 412-5361

Business Consultants

NP+SB Strategic Consulting

Neha Bucaro

Co-Founder and Principal 18700 Patti Ln. Brookfield, WI 53045

npsbstrategy.com (773) 273-1782

Business Consultants

NTAG Great Lakes

Marcus Moore

Chief/Marketing Advertising Officer 2834B Green Bay Rd., Ste. 266 Great Lakes, IL 60088 navy.com/start?activity=1240454 (312) 292-0693

Veterans & Military Organization

Parkinson’s Foundation

Allison Liefer

Sr. Development Director, Midwest Chapter c/o 2634 N. Fairfield Ave., Unit 2S Chicago, IL 60647

Parkinson.org (773) 570-5372

Social Service Organizations

Pflow Industries

Patrick Koppa, President 6720 N. Teutonia Ave. Milwaukee, WI 53209

pflow.com (414) 352-9000

Manufacturers

Pivot Community Development- HOF

Bevin Christie, Owner 2651 N. Grant Blvd. Milwaukee, WI 53210 (414) 232-3652

Community Engagement

NEW MMAC MEMBERS | FEBRUARY - APRIL 2024

continued from 37

Platform Communications

Brian Reisinger, President 111 E. Wisconsin Ave, Ste. 1900 Milwaukee, WI 53202

platform-communications.com (414) 840-1696

Communications Consultants

Pritzker Military Museum

And Library

April Smith-Miller

Director of Marketing 10475 12th St. Kenosha, WI 53144

pritzkermilitary.org (312) 374-9333

Museums

Randstad

Cher Hill, Market Manager 3180 N. 124th St., Ste. A Wauwatosa, WI 53222

randstadusa.com/locations /wauwatosa_wisconsin/ (414) 219-1369

Employment Services

Sani-Matic, Inc.

Pete Ensch, CEO 2855 Innovation Way Sun Prairie, WI 53590 sanimatic.com (800) 356-3300

Manufacturers-Special Equipment

StormProof Exteriors LLC

Arber Shehu, Owner W182S8375 Racine Ave. Muskego, WI 53150 stpexteriors.com (414) 254-4120

Roofing Contractors

CONNECTING YOU

Tabak Law LLC

Jim Brzezinski, President 6045 N. Green Bay Ave. Glendale, WI 53209

tabakattorneys.com (414) 351-4400

Attorneys

Techmode

Mike Dibble

Solution Consultant 1091 Centre Rd., Ste. 230 Auburn Hills, MI 48326 techmode.com (888) 397-6633

Telecommunications

The Allen Group (International) LLC

Don Hempson, Principal 150 S. Wacker Dr., Ste. 2400 Chicago, IL 60506 (614) 917-7392

Investment Management Services /Private Equity

YOUR CONNECTION

Whether

Tammy Hofstede, WICPA President & CEO

The Welch Group, Public Affairs

Peter Welch, Managing Partner 16 N. Carroll St., Ste. 600 Madison, WI 53703

thewelchgroup.org (608) 819-0150

Government Relations Consultants

U.S. Army Milwaukee Recruiting Battalion

Luke Petrovich

Chief of Public Affairs and Advertising 11425 W. Lake Park Dr. Milwaukee, WI 53224

ecruiting.army.mil/3rdbde/5jbn/ (414) 461-0293

Veterans & Military Organization

UScellular Business

John Menzies, Business Account Manager 3545 N. 124th St. Brookfield, WI 53005

uscellular.com/business (815) 988-4495

Wireless Communication-Product & Services

Victory Resources LLC

Israel Chimezie, Administrator 5014 N. 19th Pl. Milwaukee, WI 53209 (414) 573-2173

Assisted Living Facilities

Wisconsin Academy of Global Education and Training (WAGET)

Jeff Smoller, President 1125 N. 9th St., Ste. I Milwaukee, WI 53233 waget.net (608) 228-0225

Nonprofit Education

Wisconsin Association of Independent Colleges and Universities (WAICU)

Rebecca Larson, Executive Vice President 122 W. Washington Ave., Ste. 700 Madison, WI 53703 waicu.org (608) 256-7761

Schools-Academic - Colleges/Universities

ZOOLOGICAL SOCIETY OF MILWAUKEE

Make a difference in the community when your company supports the Zoological Society! Get your brand in front of more than 1 million guests a year.

BECOME A CORPORATE PLATYPUS CIRCLE MEMBER

• Transferable Membership Cards to share with employees

• Name recognition with one of WI’s top family attractions

• Special Zoo benefits for your employees

• Invitations to VIP events

• Rental discounts and more Go to BeAPlaty.org to learn more.

GRANT OPPORTUNITIES

• Evidence-based, awardwinning education programs

• Access programs for underserved populations

• Local and global conservation efforts

SPONSORSHIPS

• Event and attraction opportunities

• Boost your brand and community support

• Engage with current and potential customers

Contact Mary Kay Gundlach at 414-918-6155 to learn how you can take advantage of these exciting opportunities.

A Journey with Paul Stillmank

Paul Stillmank took attendees through his journey from selling successful tech giant IBM, to his current endevor - 7Rivers. The event was held at the Direct Supply Innovation and Technology Center in downtown Milwaukee.

Every project, on time & within budget

2. David Balistreri, Select Technical Staffing, Inc.; Rob Dummert, Johnson’s Nursery; and Mike Schwab, Select Technical Staffing, Inc.

3. Phyllis King, UW-Milwaukee; Lynnea Katz-Petted, Revitalize Milwaukee; Heather Nelson, Spring Bank; Patti Schauer, Core Creative; and Jane Trenchard Backes, MMAC

4. Chris Lipski, Vantage Financial/ Abaxent; and Scott Hirschfeld, CTaccess

5. Mark Kliewer, Hydro-Thermal Corporation; Tyler Marcus, Gradmor; and Kyle Matyas, Old National Bank

Madison Night in Milwaukee

City of Milwaukee County Executive David Crowley poses with Sponsors at MMAC’s annual legislative reception, thanking state-elected officials for all the work they do and showcasing the Milwaukee region and its companies. 2 4 3 5

2. State Assembly Speaker Robin Vos, MMAC President Dale Kooyenga and Milwaukee County Executive David Crowley congratulate the winners of our jersey raffle.

3. Dave Larson, 1903 Events; Jason Tolleston and Mark Mclain, House of Harley

5. City of Milwaukee Mayor Cavalier Johnson addressed attendees at MMAC’s annual legislative reception 1

4. Cayden Carlson, Robert Aanonsen, Myronica Survillion Jones and Lauren Clark, Charter Communications

6. Spencer Schien, City Forward Collective; Buddy Julius, The Firm Consulting; and Colleston Morgan Jr., City Forward Collective
7. Col. Charles Merkel and Paul Matthews, 128th Air Refueling Wing
8. Brittany Kinser, Kinser Consulting
9. Bobby Gnatzig, NXTLVL Media; Bria Grant, UniteWI; Meisha Bridges, Visit Milwaukee; and Terrell Morgan, UniteWI

This exclusive program provides our members with special deals that extend to almost every item, access to Office Depot’s technology services, and more.

The savings include:

• Up to 55% off retail on cleaning & breakroom items

• Up to 55% off retail on office supplies

• 10% off branded; 20% off private brand ink & toner core list

• Average 10% off retail on 200 technology core items

• Free next-day shipping on orders of $50 or more

• SIGNIFICANT savings on copy & print

2023-2024 Legislative Scorecard

MMAC’s public policy agenda is updated every two years to inform elected officials of our members’ priorities.

The Legislative Scorecard evaluates how well the votes of your state elected officials on key legislation represented the priorities of the MMAC in the past session.

MMAC’s public policy agenda is a tool to inform elected officials of our members’ priorities as the leading voice for the regional business community. Our priorities and agenda are the fuel that powers our organization’s mission to improve the region as a place to invest capital, grow business and create jobs. Every two years our agenda is reviewed and updated to meet the needs and match the priorities of our diverse membership.

The 2023-24 Legislative Scorecard evaluates how the votes of your state elected officials represented the MMAC priorities in the past legislative session. This past legislative session began Jan. 3, 2023. Governor Tony Evers was just

re-elected, the GOP maintained strong majorities in both houses of the state legislature and our Milwaukee leaders were courting the 2024 RNC National Convention. The MMAC had just announced Dale Kooyenga incoming Senior VicePresident and successor of outgoing President Tim Sheehy.

From the very start of the state legislative session the MMAC set out with a very bold and focused agenda: Milwaukee public safety and pension reform, shared revenue and fiscal stability, K12 per-pupil funding equity for Milwaukee students and funding to maintain an MLB ballpark to keep the Brewers in Milwaukee.

State Bills

SB 92 – Impoundment of vehicles used in reckless driving

Helping keep Milwaukee roads safer, under this bill, law enforcement officers may impound a vehicle’s use in reckless driving offenses when the person cited is the owner of the vehicle and has a prior conviction.

STATUS: Signed by Governor (Act 1)

Assembly Concurrence 3/22/23

Senate Passage 3/22/23

AB 55 – Penalties for reckless driving

Again keeping Milwaukee roads safer, under this bill, penalties and fees were increased and lead to felony charges for reckless driving.

STATUS: Signed by Governor (Act 9)

Assembly Concurrence 4/19/23

Senate Passage 4/19/23

AB 245 – Shared revenue reform

This bill modifies shared revenue programs, addresses the retirement systems of the city of Milwaukee and Milwaukee County and eliminates the personal property tax.

STATUS: Signed by Governor (Act 12)

Assembly Concurrence 6/14/23

Senate Passage 6/14/23

SB 70 – 2023-24 state biennial budget

Passing MMAC priority items including state shared revenue reform, public safety and pension liabilities through a local sales tax and increased funding of $1 billion dollars in K-12 education that helped close the wide funding gap for Milwaukee students who attend schools participating in the Parental Choice Program and charter schools.

STATUS: Signed by Governor (Act 19)

Assembly Concurrence 6/29/23

Senate Passage 6/28/23

This 2023-2024 Legislative Scorecard evaluates how the votes of your state elected officials represented the priorities of the MMAC in the past legislative session.

The key bills included in this Scorecard were chosen because of their policy significance and their relationship to our public policy agenda.

A brief description of these pieces of legislation is included. To view a vote-by-vote record for each legislator, visit www.mmac.org/scorecard.html

AB 438 – Milwaukee Brewers ballpark funding

Provided a total of $411,500,000 in funding from 2023 – 2046 for a local professional baseball park district to assist in the development, construction, improvement, repair and maintenance of a baseball park facility. Additionally provided $50,000,000 in funding to the Southeast Baseball Park District.

STATUS: Signed by Governor (Act 40)

Assembly Concurrence (11/14/23)

Senate Passage (11/14/23)

AB 439 – Southeast Baseball Park District Board

Directs state grants to and requires local funding of a local professional baseball park district and use of those funds, and modified the powers and administration of the district and board.

STATUS: Signed by Governor (Act 41)

Assembly Concurrence (11/14/23)

Senate passage (11/14/23)

SB 330 – K-12 per-pupil funding increases for Milwaukee students

Under this bill, funding was included to increase perpupil payments to schools participating in the parental choice programs and independent charter schools helping close the gap that choice and charter students receive in the city of Milwaukee.

STATUS: Signed by Governor (Act 11)

Assembly Concurrence 6/14/23

Senate passage 6/14/23

AB 627 – Wisconsin business development tax credit

Provided businesses an incredible tool to spur development, job creation and employment through performance-based, refundable tax credits to employers.

STATUS: Signed by Governor (Act 143)

Assembly Concurrence (3/12/24)

Senate Passage (3/12/24)

State Senate Voting Record

Speaker Robin Vos (R) since Jan. 7, 2013
Senate President Chris Kapenga (R) since Jan. 4, 2021
President Pro Tempore Patrick Testin (R) since Jan. 4, 2021
Majority Leader Devin LeMahieu (R) since Jan. 4, 2021
Minority Leader Dianne Hesselbein (D) since Dec. 1, 2022
Speaker Pro Tempore Kevin Petersen (R) since Jan. 3, 2023

STATE

State Assembly Voting Record

David Armstrong (R)

Tyler August (R)

Elijah Behnke (R)

Amy Binsfeld (R)

Mark Born (R) 100

Robert Brooks (R) 100

Alex Dallman (R) 100

Barbara Dittrich (R) 100

Bob Donovan (R) 100

Cindi Duchow (R) 100

James Edming (R) 100

Karen Hurd (R) 100

Scott Johnson (R) 100

Terry Katsma (R) 100

Joel Kitchens (R)

Scott Krug (R)

Tony Kurtz (R)

John Macco (R)

Gae Magnafici (R) 100

Dave Maxey (R) 100

Clint Moses (R) 100

David Murphy (R) 100

Jeffrey Mursau (R) 100

Amanda Nedweski (R) 100

Loren Oldenburg (R) 100

William Penterman (R) 100

Kevin Petersen (R) 100

Warren Petryk (R)

Jon Plumer (R)

Treig Pronschinske (R) 100

Nik Rettinger (R) 100

Donna Rozar (R) 100

Peter Schmidt (R) 100

Patrick Snyder (R) 100

John Spiros (R) 100

Rob Summerfield (R) 100

Rob Swearingen (R) 100

Travis Tranel (R) 100

Nancy VanderMeer (R) 100

Robin Vos (R) 100

Robert Wittke (R)

Majority Leader Tyler August (R) since Nov. 10, 2022
Minority Leader Greta Neubauer (D) since Jan. 10, 2022

MMAC Member Milestones

FEBRUARY - APRIL 2024

115 years

Molson Coors Beverage Company

95 years

Ambassador Hotel Milwaukee

Welke’s Milwaukee Florist

80 years

Uihlein Electric Company

65 years

Shorewest Realtors

50 years

Milwaukee Area

Technical College

40 years

330 Kilbourn

Aon

Right Management

35 years

Employ Milwaukee

Four Keys

Growing Systems of Wisconsin

30 years

International Monetary Systems

Lamers Bus Lines

Marcus Performing Arts Center

25 years

Hurt Electric

JP Cullen

Milwaukee World Festival

Prism Technical Mgt &

Marketing Services

Steele Solutions

Walbec Group

Wolf’s Cleaners

20 years

Addison-Clifton

Caspian Technologies

Exciting Events

Fiduciary Management

Hentzen Coatings

Husco

JLL

Novatech

Office Depot Office Max

Plunkett Raysich Architects

Reliable Water Services

Wisdom InfoTech

Wolf Paving Co.

15 years

Beer Capitol Distributing Co.

Miron Construction Co.

Top Floor

10 years

Artisan Partners

Baird Center

Capital Investment Services of America

City of Greenfield

Digicorp

GoGeddit

Hawks Landscape

Lamplight - Home of the Tiki Brand

Miller High Life Theatre

Vanguard Cleaning Systems of Wisconsin

5 years

128th Air Refueling Wing

Community Council

American Indian Chamber of Commerce of WI

Antonopoulos Legal Group

Ascend Talent Strategies

ATI Forged Products

Cudahy Operations

Biomat

Bret Achtenhagen’s Seasonal Services

CableCom

Convergence Resource Center

Culture Index Wisconsin

Dezign2Think

Digital Color

Drury Plaza Hotel Milwaukee

Downtown

Engineered Custom Coatings

ERC Midwest

Five O’Clock Steakhouse

Fresh Coast Jazz Festival

Front Room Studios

Fusion Integrated Solutions

Gardner Builders Milwaukee

Good City Brewing

Great Impressions

HARIBO of America

Midwest Fiber Networks

MilwaukeeWarehouse

Network Health

Northwoods

Pinpoint Solutions

Prime Leather Finishes Co.

Saturn Lounge

SilverWater Productions

Talecris Plasma Resources

1 year

1547 Critical Systems Realty

24:Up

Argon Industries

Aventus Data Centers

Basic Crating & Packaging

Bear Development

Bear Homes

Bear Property Management

BEAR Real Estate Group

Bear Realty

Bell Ambulance

Bellwether Funding

Best Buddies

Construction Management

Associates

Fabricated Metal Products (FMP)

Federation Financial

Finnco Fabricating

Full Sail Leadership Academy

Hausmann Group

Hire Up

Hyatt Place Milwaukee

Downtown

Insight Investment Advisers

Interim HealthCare of Milwaukee, WI

IT’s UpTime

Kinn Guesthouse - Bayview

Kinn Guesthouse - Downtown

Kwench Juice Cafe MKE

Light the Hoan

Magnolia Tax Services

Matthew Holbrook COUNTRY

Financial

Messmer Catholic Schools

Messmer High School

Messmer Saint Mary

Messmer Saint Rose

MKE 2024 Host Committee

MLG Capital

MWH Law Group

NorthRock Partners

NuVision Window Films & Glass Tinting

OEC Group Milwaukee

Point Real Estate

Management

RATIO Architects

Serve You Rx

Spano Pratt Executive Search

sweetgreen

The Hoan Group

Thrivent

Trihve Finance

Villani Landshapers

Wheel & Sprocket

Wisconsin Bank & Trust

Zund America

Staff Updates

Welcome Megan Anderson Executive

Roundtable Manager

Megan Anderson joins the MMAC after spending the last 13 years developing external partnerships with Milwaukee-area employers and coaching students through the career development process at Alverno College. She was also a member of the leadership team for several city- and state-wide initiatives related to career development, including the Milwaukee Area College Internship Consortium and the Wisconsin Private Colleges Career Consortium statewide career fair. Prior to Alverno, Megan spent three years at the Nonprofit Center of Milwaukee where she forged relationships with and between volunteer managers at nonprofit organizations in Milwaukee to increase capacity and build stronger, more effective nonprofits.

On the MMAC team, Megan will serve as the Executive Roundtable Manager, working with the CFO, CIO, Senior Executive and Sales Manager Roundtables to provide confidential environments for executives to share best practices and resolve their business challenges.

Megan holds a M.S. in Nonprofit Management & Leadership from the University of Wisconsin-Milwaukee and a B.S. in Speech Pathology from Marquette University. She lives in Glendale, with her husband, Erik; daughter, Beatrice (7 years) and their rescue dog, Pinecone. Outside of work, she enjoys exercising, baking and exploring Milwaukee.

Welcome ,

Allie Shane Communications Specialist

Allie Shane joins MMAC following her May graduation from the University of Minnesota where she received degrees in strategic communication and English.

Throughout her college career, Allie gained communications experience in many industries. In 2022, she worked at Snap-on Inc. headquarters in Kenosha as a corporate marketing intern. In 2023 she worked as a marketing communications intern for H.B. Fuller, an adhesive manufacturer based in Vadnais Heights, Minnesota. She spent her final semester of college as a digital marketing intern for Christianson CPAs and Consultants, an accounting firm based in Willmar, Minnesota.

Outside of work she enjoys reading, spending time outdoors, and trying out new restaurants.

STAFF

MMAC.org/Staff.html

Corporate Expansion & Attraction

Jim Paetsch | jpaetsch@mke7.com

Economic Development

Lynn Olberding | lolberding@mke7.com

Economic Trends & Research

Bret Mayborne | bmayborne@mmac.org

Federal, State & Local Government

Andrew Davis | adavis@mmac.org

Equity & Inclusion

Corry Joe Biddle | cbiddle@mmac.org

GROW YOUR PEER NETWORKS

AALAM

Angela Adams | aalamilwaukee.org

The Business Council

Marjorie Rucker | mrucker@mmac.org

Executive Roundtables

Chauntele Kreutz | ckreutz@mmac.org

Food & Beverage Industry

Gina Balke | gbalke@fabwisconsin.com

Hispanic Collaborative

Nancy Hernandez | nhernandez@mmac.org

Leadership Council

Barb Smith | bsmith@mmac.org

Networking Forums

Marjorie Yoshida | myoshida@mmac.org

Recruiters Roundtable

Corry Joe Biddle | cbiddle@mmac.org

GAIN EXPOSURE FOR YOUR BUSINESS

Advertising

Jane Trenchard-Backes | jbackes@mmac.org

Events & Sponsorship

Karen Powell | kpowell@mmac.org

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