Foxconn is eligible for more than $8.7 million in state tax credits for the 2023 fiscal year, according to the latest annual review from WEDC.  The Taiwanese tech company, through multiple subsidiaries operating in Wisconsin, earned the annual tax credits by creating 1,114 jobs and making more than $24 million

Agricultural observers in Wisconsin are leery of Donald Trump’s mass deportation plan, saying it could deal a multi-billion dollar blow to the state’s ag industry.  Trump has pledged to declare a national emergency after he’s inaugurated in January in order to deport immigrants living in the country illegally en masse,

Green Bay venture capital firm TitletownTech has announced an investment in Realta Fusion, a Madison-based startup developing fusion energy technology.  Yesterday’s announcement touted the startup’s “modular compact magnetic mirror” technology, which confines high-temperature plasma between two superconducting magnets. The powerful magnetic fields cause charged particles to bounce back and forth

Scientists at UW-Madison have created a new method for quickly detecting small molecules, which has possible applications in military, environmental and health fields.  Vatsan Raman, a biochemistry professor at the university, led the team that created the Sensor-seq method. This approach can screen tens of thousands of protein mutations at

Madison-based RadUnity has received FDA clearance for its time-saving medical imaging product, clearing the way for commercial distribution.  The startup company recently announced the federal agency approved its 510(k) Class II Medical Device application, which founder Tim Szczykutowicz says will help secure additional funding and expand the team.  He launched

By Larry Sandler  For WisBusiness.com — With ridership running ahead of expectations on Amtrak’s new Borealis, the Wisconsin Department of Transportation is studying whether to add a second daily round trip between Chicago, Milwaukee and the Twin Cities. At the same time, the agency’s rail chief says a recently funded

Higher education leaders in Wisconsin stressed the importance of financial aid programs under the U.S. Department of Education continuing, even if incoming President Donald Trump follows through on his plan to eliminate the federal agency.  Speaking yesterday in Madison during a Wisconsin Technology Council luncheon co-sponsored by WisPolitics, Universities of

The state Department of Transportation is launching a pilot program to study the carbon emissions of construction materials with $32 million in newly announced federal funds.  Gov. Tony Evers yesterday announced the grant from a U.S. Department of Transportation program, funded through the Inflation Reduction Act. The state DOT will

The head of Forward Analytics says limited housing availability and the high cost of child care are top affordability challenges as lawmakers gear up for the next legislative session.  Economist and researcher Dale Knapp discussed these and other topics during a recent Newsmakers interview on WisconsinEye, focused on potential areas

Agriculture and food processing in Wisconsin had $116.3 billion in industrial revenues in 2022, with the food and beverage industry dominating the sector.  That’s according to UW-Madison’s Contributions of Agriculture to the Wisconsin Economy report, authored by economists economists and Profs. Steven Deller and Jeff Hadachek. It was produced by

A survey of Madison-area businesses found 82% of respondents expect higher revenues next year, though talent shortages and higher operating costs remain top challenges.  The Greater Madison Chamber of Commerce recently released the results of an online survey conducted Sept. 26-Oct. 9 as part of the Next Normal, or N2

Economic development groups aim to launch a new multi-region alliance early next year, timed to coincide with the 2025 NFL Draft in Green Bay.  Barb LaMue, president and CEO of the New North, discussed the plan yesterday during the Wisconsin Technology Council’s Early Stage Symposium in Madison. The group she

WARF is seeking commercial partners to help develop a new method for creating lightweight materials for applications in aerospace, defense and marine industries.  The Wisconsin Alumni Research Foundation is touting the method as a top licensing prospect in its engineering and computer science portfolio. It was created by Prof. Pavana

A.O. Smith Corporation aims to save 40 million gallons of water each year by 2030, according to a report from the Milwaukee-based water technology company.  The business recently released its latest corporate sustainability report for 2024, which marks A.O. Smith’s 150th anniversary. Headquartered in Milwaukee, the business has grown to

The head of Madison-based Stark Company Realtors says recent trends suggest the upward pressure on home prices “seems to be easing” despite ongoing inventory shortages.  In a recent newsletter focused on south- central Wisconsin’s real estate market in the third quarter, Stark Company Realtors CEO David Stark noted homes have

The Madison area will need to ramp up efforts to add new housing and expand transportation infrastructure over the coming decades, as the region is projected to exceed 1 million people by 2050.  That’s according to Zach Brandon, president of the Greater Madison Chamber of Commerce. In an interview this

A recent UW-Madison study found using AI in genetic studies can result in faulty conclusions, highlighting a “pervasive bias” in research that relies on the technology.  Qiongshi Lu, an associate professor in the university’s Department of Biostatistics and Medical Informatics, led the study that was published recently in the scientific

A new UW-Madison study finds minority communities and those with more renters are less likely to use heat pumps — an energy-efficient alternative to other home heating and cooling options.  The study, from researchers in the university’s La Follette School of Public Affairs, was published recently in the scientific journal

The Wisconsin Hospital Association’s latest annual financial report highlights ongoing challenges for health care providers amid a “sustained period of low margins” as well as higher profits for hospitals.  WHA yesterday released its “Guide to Wisconsin Hospitals, Fiscal Year 2023” report, which shows hospitals in the state saw a 40.8%

A key state Biohealth Tech Hub workforce project aims to connect underserved communities with employment gaps across the sector.  That’s according to Mark Thomas, chief strategy officer for Madison College, a tech hub consortium member that’s leading the project. He spoke yesterday during BioForward Wisconsin’s Wisconsin BioHealth Summit in Madison,