3 minute read
Growing the Region
from 2023 Navigate Business MKE
by MMAC
Creating a robust innovation ecosystem is one of the core strategies of the Milwaukee 7 M7 Partnership for regional economic development. It focuses on continuing the economic growth of seven southeastern Wisconsin counties – Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha and Walworth. To date, it has achieved more than 120 project wins, defined as successful efforts to help companies expand or relocate here. These include Milwaukee Tool’s new downtown Milwaukee and Menomonee Falls corporate office buildings; German-based HARIBO’s first production facility in North America, which will be one of the largest confectionery manufacturing plants in the nation; Komatsu Mining Corp.’s new U.S. headquarters and manufacturing facility; and Fiserv’s new corporate headquarters in downtown Milwaukee. These represent just some of the dozens of corporate attraction and expansion projects that are revitalizing the region, thanks to M7’s aggressive did you know that? advocacy to improve the business climate and its focused effort to market the region to prospective investors.
Working to grow businesses
Launched in 2005 and co-chaired by the leadership of the Metropolitan Milwaukee Association of Commerce, the Greater Milwaukee Committee and the City of Milwaukee, the seven-county regional partnership is funded by more than 100 private- and public-sector investors. The Milwaukee 7 has played a significant role in more than 100 expansion or relocation projects that have resulted in more than 26,000 jobs, $1.6 billion in annual payroll and $3.8 billion in capital investment.
Leveraging Investments
M7 has leveraged millions of dollars in federal funds, state assistance and
What is M7?
Milwaukee 7 is a seven-county regional partnership funded by more than 100 private and public-sector investors.
Thank you to our investors to date for supporting our work in the Milwaukee Region.
A. O. Smith
Alpha Investment Consulting Group
Amazon Corporation
Associated Bank
ATI Forged
BMO Harris Bank
Bucyrus Foundation
Catholic Financial Life
CG Schmidt, Inc.
Charter Manufacturing
Children’s Wisconsin
City of Milwaukee – Dept. of City Development
Deloitte
Direct Supply
Ernst & Young
Foley & Lardner
Frank Beverage/Beer Capitol
Froedtert Health
Gateway Technical College
Gilbane Building Company
Godfrey & Kahn S.C.
GRAEF
Hammes Company
HARIBO of America
Husco Ingeteam, Inc.
Inland Companies dba Colliers International
Johnson Financial
Ted Kellner
Komatsu
KPMG
Leonardo DRS Naval Power Systems
Lubar & Co
ManpowerGroup
Mawicke & Goisman
Michael Best & Friedrich LLP
Milwaukee County
Milwaukee Metro Sewerage District
Milwaukee Tool
Molson Coors
National Exchange Bank & Trust
Nexus Pharmaceutical
Northwestern Mutual
Old National Bank Palermo Villa
PAX Holdings
Payne & Dolan
PNC Bank
PricewaterhouseCoopers (PwC)
PS Capital Partners
QPS Employment Group
Quarles & Brady
Reinhart Boerner Van Deuren
Robert W. Baird & Co., Inc.
Rockwell Automation, Inc.
Shorewest Realtors
Strang, Inc.
Strattec Security Corp.
Town Bank
University of Wisconsin - Milwaukee
Von Briesen & Roper
Waukesha County
WEC Energy Group
Wells Fargo
Wenthe-Davidson Engineering municipal investments for business projects that make the Milwaukee Region stronger. The M7 staff and their counterparts in the region’s local economic development organizations regularly visit companies to discuss challenges and expansion opportunities. M7 then connects companies to resources, including:
Wisconsin Economic Development Corp.
● Talent sourcing ● Financing
● Business incentives ● Market expansion
● Location optimization
Advancing Industry clusters
The Milwaukee Region is a recognized center of innovation and advanced manufacturing. Several industry segments stand out due to their number of firms and the concentration of talent. M7 supports these clusters and their network organizations:
● FaB Wisconsin, a statewide network for food, beverage, ingredient, equipment and packaging makers fabwisconsin.com
● The Water Council, a global hub driving innovation in freshwater technology and advancing water stewardship thewatercouncil.com
● The Next Generation Manufacturing Council, which addresses issues related to workforce, exports, supply chains and productivity
Attracting New Companies
M7 markets the region to companies looking to expand operations or relocate –from across the state line to around the globe. It provides tools and project management to guide companies from their first visit through the opening of their new plant or office. M7 has closed deals and attracted foreign investment from companies in Taiwan, China, India, Great Britain, Spain, Italy and Germany
Building the Talent Pipeline
The M7 Talent Partnership aligns talent resources with high-growth industry clusters to develop a stronger, more agile workforce. It helps companies expanding or relocating to the area navigate the agencies, staffing companies and college connections best suited to their businesses. The Talent Partnership also partners with businesses to share best practices and provides next-level labor market data to inform employer talent strategies.
Supporting Entrepreneurs
M7 connects new and growing companies to the resources they need to take their businesses to the next level, including the M7 Venture Fund, which provides grants, loans and equity to emerging companies and high-growth startups. M7 is a regional partner for the Start in Wisconsin online entrepreneurship platform, developed by the Wisconsin Economic Development Corp. to provide a directory of resources, events and programming that powers connections for area entrepreneurs and start-ups. startinwi.com