Milwaukee, WI
Milwaukee Tool secures tax incentives for $206M expansion in Menomonee Falls
MENOMONEE FALLS, Wis. — The Menomonee Falls Village Board approved tax incentives Monday night for Milwaukee Tool as the company continues to plan a massive expansion to its facility off Good Hope Road.
The board approved one tax incremental district and amended another, laying the financial groundwork for Milwaukee Tool’s multi-phase, nearly $206 million expansion across almost 92 acres of land.
According to the deal, Milwaukee Tool will remodel an existing 164,000-square-foot building into an electric lab and research and development facility. The company will then construct new buildings over four phases, totaling 750,000 square feet by 2038.
The new development will be located in wooded land just northwest of their current facility off Good Hope Road.
Watch: Milwaukee Tool secures tax incentives for $206M expansion in Menomonee Falls
Milwaukee Tool secures tax incentives for $206M expansion in Menomonee Falls
“We are continuing to invest in and grow our Menomonee Falls campus, and the agreement provides flexibility to support that growth over the long term,” a Milwaukee Tool representative said in an email to TMJ4 Monday evening.
The contract also allows the company to build a private road connected to Fond du Lac Avenue if the development reaches 2,000 permanent employees, though that is not a minimum requirement for the development.
Both tax districts were passed by unanimous vote from the Village Board.
This story was reported on-air by Brendyn Jones and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.
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Milwaukee, WI
Brad Paisley to perform at BMO Pavilion in Milwaukee on Sept. 4
Brad Paisley (Photo by Scott Dudelson/Getty Images)
MILWAUKEE – Brad Paisley is scheduled to perform at the BMO Pavilion in Milwaukee on Sept. 4.
Ticket information
What we know:
The ticket pre-sale for Brad’s fan club members, Paisley Nation, begins on Tuesday, May 12 at 10 am. All tickets available at BradPaisley.com.
The tour will also offer a variety of VIP packages and experiences for fans to take their concert experience to the next level.
FREE DOWNLOAD: Get breaking news alerts in the FOX LOCAL Mobile app for iOS or Android
Packages vary but include premium seats, a guided backstage tour, VIP-exclusive gift item, early entry & more. VIP package contents vary depending on the selected offer. For more information, visit VIPnation.com.
The Source: The information in this post was provided by Live Nation.
Milwaukee, WI
WSJ: Billionaire Milwaukee Bucks co-owner targeted in extortion scheme – UPI.com
Billionaire Wes Edens, co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks NBA club, is shown at Sun Valley, Idaho, on July 9, 2015. The Wall Street Journal on Sunday identified Edens as the victim of a billion-dollar extortion plot allegedly hatched by an ex-lover. File Photo by Andrew Gombert/EPA
May 10 (UPI) — Wes Edens, the billionaire co-founder of Fortress Investment Group and an owner of the NBA’s Milwaukee Bucks, was the target of a billion-dollar extortion scheme allegedly perpetrated by an ex-lover, the Wall Street Journal reported Sunday.
A spokesman for Edens, 64, confirmed to the newspaper that the financier is the unnamed alleged victim in a federal indictment brought against Changli “Sophia” Luo of New York City.
Edens, one of world’s most successful global investment management firm leaders with Fortress, has developed and owned businesses in real estate, transportation, infrastructure, health care, financial services, media and entertainment.
He is also a high-profile sports team owner, including the Bucks and soccer club Aston Villa of the English Premier League. He is credited turning the Bucks from a perennial cellar dweller into a champion squad over a five-year span, culminating in the 2021 NBA championship.
But he also fell victim to a lurid alleged “sextortion” scheme, his spokesman confirmed to the WSJ, admitting the Edens is the unnamed “Victim 1” cited an indictment filed last year in Manhattan federal court against Luo.
The indictment reportedly accuses her of trying to extort Victim 1 of more than $1 billion by threatening to release videos and photos of them engaged in sex. Prosecutors alleged Luo also threatened to contact the victim’s family members and business partners in a threat to destroy his fortune if he did not pay up.
According to the indictment, Luo was arrested June 14 at JFK International Airport as she tried to board a flight to China, the New York Post reported.
“Mr. Edens will be making no comment on the case as the indictment speaks for itself with respect to the charges against the defendant,” his spokesman told the Journal. “Mr. Edens expects to testify under oath at the upcoming trial.”
Milwaukee, WI
Milwaukee Weather: Cooler Sunday with a slight chance for sprinkles
MILWAUKEE – Forecast from FOX6 Meteorologist Lisa Michaels
Mostly sunny skies with partly sunny skies in the afternoon. There is a slight chance for a few sprinkles, but most areas remain dry. Highs near 60F on Sunday.
Patchy frost is possible again Sunday night into Monday morning as low temps inland can reach the lower 30s.
Cooler on Monday with easterly winds- low 50s near the lake to upper 50s inland.
A big boost in temperatures on Tuesday in the low 70s associated with a clipper system will bring the next chance of rain and a few storms.
Today: Mostly Sunny. Slight chance sprinkles.
High: 60°
Wind: NW 5-15
Tonight: Mostly Clear. Patchy frost.
Low: 38°
Wind: N 5
Monday: 53 LAKE. Mostly sunny.
High: 57°
Wind: E 5-10
Tuesday: Chance storms. Breezy.
AM Low: 39° High: 71°
Wind: SW 10-25
Wednesday:Partly sunny.
AM Low: 46° High: 59°
Wind: NW 5-15
Thursday: Mostly Sunny. Slight chance sprinkles.
AM Low: 42° High: 64°
Wind: S 5-10
Friday: Chance of Rain
AM Low: 47° High: 72°
Wind: SW 5-15
6-day planner
FOX6 Weather Extras
Local perspective:
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Maps and radar
We have a host of maps and radars on the FOX6 Weather page that are updating regularly — to provide you the most accurate assessment of the weather. From a county-by-county view to the Midwest regional radar and a national view — it’s all there.
School and business closings
When the weather gets a little dicey, schools and businesses may shut down. Monitor the latest list of closings, cancellations, and delays reported in southeast Wisconsin.
FOX6 Weather Experts in social media
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