DiscoverMilwaukee2017 - page 37

C
hief Executive magazine recently ranked Wisconsin as the
nation’s 12th best state for business, up from 41st place
just seven years ago, an increase the editors called “mete-
oric” and the second-best improvement among the states ranked.
There are many good reasons for the business community’s opti-
mism in Wisconsin and the Milwaukee region, which is the state’s
economic engine.
Northwestern Mutual
, the nation’s largest
provider of individual life insurance policies, is expanding its cor-
porate headquarters in downtown Milwaukee with the $450 mil-
lion, 32-story
Northwestern Mutual Tower and Commons
, and is
building a 33-story apartment tower on adjacent property.
Several area companies have announced major expansions,
including
Direct Supply Inc
., a national leader in equipment, ecom-
merce and services for senior living communities.
REV Group
, a
specialty equipment manufacturer that is moving its corporate
headquarters to Milwaukee. Just south of the downtown is the
rapidly growing
Water Technology District
, which includes office
and research space for water-related businesses. In suburban
Wauwatosa, the
University of Wisconsin - Milwaukee
is helping
to develop
Innovation Park
, an 84-acre campus with research,
educational and business facilities. In northwest Milwaukee, the
Energy Innovation Center
offers an incubator and laboratory for
developing energy and power technologies.
High-Tech Firms
The Milwaukee Region, ranked as the fifth up-and-coming tech
city by
Forbes
magazine, features a solid, high-tech base.
Milwaukee is a leader in the production of medical diagnostic
instruments, industrial robots, electronic controls, factory automa-
tion, printed circuit boards, CAD/CAM processing, avionics, print-
ing technologies and advanced ceramics. It is home to several
global technology companies, including
Rockwell Automation
,
GE
Healthcare
,
Astronautics Corporation of America
,
Johnson
Controls
,
Modine Manufacturing
and
Quad/Graphics
.
Advanced Manufacturing
Manufacturing remains a very important engine for the region’s
economy. More than 16 percent of the workforce is employed by
manufacturers, well above the 9-percent average nationally, and
the region is home to many well-known manufacturers, including
Harley-Davidson
,
Master Lock
,
Johnson Controls
,
SC Johnson
,
CNH Industrial
,
Rockwell Automation
,
InSinkErator
and
Snap-On
.
Southeastern Wisconsin participates in the federal govern-
ment’s Investing in Manufacturing Communities Partnership
OPEN FOR
BUSINESS
@discoverMKE
/
discovermilwaukee.com
35
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