Latest news with #WEDC
Yahoo
25-06-2025
- Business
- Yahoo
Microsoft, Wisconsin Economic Development Corporation, University of Wisconsin-Milwaukee and TitletownTech officially open AI Co-Innovation Lab to accelerate manufacturing innovation
MILWAUKEE, June 25, 2025 /PRNewswire/ -- Microsoft Corp., in collaboration with the Wisconsin Economic Development Corporation (WEDC), the University of Wisconsin-Milwaukee (UWM) and TitletownTech announced on Wednesday the opening of an AI Co-Innovation Lab on the UWM campus. This marks Microsoft's first AI Co-Innovation Lab with a dedicated focus on manufacturing innovation. The lab's launch comes one year after Microsoft's landmark investment to build AI infrastructure in Wisconsin. Operating out of a temporary home on the UWM campus over the past year, the lab worked with a handful of companies from across Wisconsin to build AI solutions. Recent engagements show how manufacturers and other organizations are using AI to solve real-world challenges. From real-time fault detection in industrial machinery to multilingual voice assistants that streamline gate, dock and yard logistics, local companies are working to apply Microsoft's AI technologies to improve operations and decision-making. Others are building tools to forecast supply chain lead times, manage hydroponic farms and deliver proactive customer support. While the lab is rooted in manufacturing innovation, it works with organizations across industries, spanning small and medium-size businesses, enterprises, startups, and academia, reflecting the broad networks and experience of the lab's founding partners: Microsoft, WEDC, UWM and TitletownTech. AI promises to drive innovation and boost productivity in every sector of the economy. The Co-Innovation Lab will ensure that Wisconsin is well positioned to capitalize on that opportunity and to serve as a model for applied innovation around the world. "A year ago, alongside our $3.3 billion infrastructure investment, we committed to using the power of AI to help advance the next generation of manufacturing companies, skills and jobs in Wisconsin and across the country," said Rima Alaily, corporate vice president and general counsel, infrastructure legal affairs at Microsoft. "Thanks to our partnership with WEDC, TitletownTech and UWM, we're delivering on this commitment. With access to cutting-edge AI technology and technical guidance to bring their ideas to life, we can't wait to see what Wisconsin companies will build." "Through the strength of this partnership between Microsoft, TitletownTech, UWM and WEDC, the AI Co-Innovation Lab is helping businesses of all sizes and across all sectors apply the power of AI to their daily operations," said Missy Hughes, secretary and CEO of Wisconsin Economic Development Corporation. "This is an exciting new chapter for our state — and for the world." "This lab will have a profound impact on our faculty members' and our students' ability to drive innovation and prepare their careers," said University of Wisconsin-Milwaukee Chancellor Mark Mone. "Harnessing the power of AI and cloud technologies will help Wisconsin manufacturers advance their competitive edge while offering students hands-on, real-world experience." "The lab brings a startup mindset to industry by moving fast, building with purpose and focusing on outcomes," said TitletownTech Managing Partner Craig Dickman. "As AI becomes foundational to every sector, building fluency is critical not just for innovation but for staying competitive." The AI Co-Innovation Lab helps catalyze businesses toward AI adoption and acceleration through hands-on collaboration. Teams partner with either UWM or TitletownTech to define meaningful use cases and work directly with Microsoft engineers to explore and shape AI-driven solutions. Depending on the need, the lab supports both full prototyping sprints, where teams build working solutions using Microsoft's cloud and AI technologies, and design sessions that focus on solution architecture and feasibility. This flexible model gives startups, manufacturers and enterprises the strategic and technical support to unlock new value, drive efficiency and move confidently into AI-powered innovation. By equipping Wisconsin-based organizations with cutting-edge tools and talent, the lab ensures that the state is well positioned to compete and lead in an increasingly global, technology-driven economy. Microsoft (Nasdaq "MSFT" @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more. View original content to download multimedia: SOURCE Microsoft Corp.
Time of India
25-06-2025
- Time of India
Two Booked for Embezzling Govt Equipment Worth Rs88 Lakh
Nagpur: Koradi police have registered a case against two individuals, including the head of a Pune-based training agency and a machinery supplier, for allegedly embezzling machinery worth Rs87.95 lakh from a government women's garment training centre at Nagpur. The Women's Economic Development Corporation (WEDC), Nagpur, had established the training centre within the premises of Jagdamba Devi Mandir at Koradi to provide skill development and employment to women. The state-sponsored initiative aimed to train 200 women in tailoring and garment-making. As part of the programme, 227 machines and related tools were procured by the state government through Varad Enterprises, based in Ichalkaranji, Kolhapur. The agency was also assigned maintenance responsibilities for the equipment. The training activities were to be conducted by Nivedita Amol Nahar, director of the Pune-based NGO Social Buffer. However, as per the complaint, Nahar allegedly conspired with Umesh Roy Jadhav, proprietor of Varad Enterprises, to divert the machinery under the guise of sending them for repairs. Between February 29 and April 26 this year, the duo allegedly removed 174 of the 227 machines from the centre without authorisation and failed to return them. The fraud came to light during a routine inspection conducted by Naresh Ugemuge, senior district coordination officer of WEDC. Upon failing to locate the machines and confirming they were still government property, Ugemuge filed a police complaint. Following the complaint, Koradi police registered a case under relevant sections of the Bharatiya Nyaya Sanhita (BNS) — Sections 316(2) (criminal breach of trust), 318(4) (cheating by a person in a fiduciary capacity), and 3(5) (common intention to commit fraud). The investigation is being led by sub-inspector Vinod Mhatre. Police are also trying to ascertain whether the machinery was sold or relocated. Further action will be taken after statements from the accused and recovery efforts.
Time of India
25-06-2025
- Business
- Time of India
Green Bay, Ashwaubenon, and Brown County will receive only $1.8m of the total incurred cost of $2.66m from the Wisconsin Government for hosting the 2025 NFL Draft
(Image via Getty: Roger Goodell) On June 18, the Governor of Wisconsin, Tony Evers, released a press statement that read, 'The Evers Administration is awarding nearly $2 million - $1.8 million - to the city of Green Bay for work done to support the 2025 NFL Draft earlier this year. ' And on June 24, the council members agreed to grant that money without having any discussion. On June 25, Jesse Lin of the Green Bay Press-Gazette wrote - a memorandum written by Mayor Eric Genrich and the city's Chief of Operations, Joe Faulds, outlines the breakup of the $1.8 million: Green Bay - $961,819.50, Brown County: $681,109.50, and Ashwaubenon: $169,173. Green Bay, Ashwaubenon, and Brown County will receive reimbursement of security costs of $1.8 million from the Wisconsin Government for hosting the 2025 NFL Draft The total expenses incurred by the three governments during the 2025 NFL Draft were $2.66 million, according to CFO Joe Faulds. The application requested reimbursement of all of $2.66 million, but the state only agreed to pay the security costs. The security costs incurred were $1.8 million. The $1.8 million grant was funded through the Opportunity Attraction and Promotion Fund. Wisconsin Governor Tony Evers said the 2025 NFL Draft was a booming success and that it went off without a hitch A press release titled, 'Gov. Evers Announces Nearly $2 Million to Help Cover Local Public Safety Costs from Hosting NFL Draft,' shared Governor of Wisconsin, Tony Evers' statement. The Governor said, 'The 2025 NFL Draft was a booming success, and I've said all along that nobody could have pulled it off other than the Green Bay Packers and the good folks in Green Bay and across the region. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like South Carolina Important Update For Vehicles Driven Less Than 50 Miles A Day Smart Lifestyle Trends Learn More Undo So, it was critically important to me that Green Bay and our local partners received the support they needed to cover public safety costs, and I'm glad we were able to get this done. For three days, Wisconsin had the national spotlight, showcasing all we have to offer, our world-class sporting and entertainment, and of course, our proud history as Titletown. Pulling off a national event like this off requires a lot of work, coordination, and partnership. I'm incredibly proud of those efforts and that we're going to be providing these investments to support our local partners and the tremendous work that ensured the Draft went off without a hitch. ' WEDC Secretary and CEO Missy Hughes said Green Bay did a phenomenal job at the 2025 NFL Draft WEDC(Wisconsin Economic Development Corporation) Secretary and CEO Missy Hughes said in the press release, 'The NFL Draft was a chance for the city of Green Bay to shine on a national stage and showcase the great things taking place here in Wisconsin. We have the facilities to host major events, the people needed to prepare for and staff the event, and the community to rally behind such a large undertaking. Green Bay rose to the occasion and did a phenomenal job. ' Also Read: NFL legend Tony Gonzalez's ex-girlfriend Lauren Sanchez set to marry Amazon founder Jeff Bezos in Venice | NFL News - Times of India Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
Yahoo
19-06-2025
- Business
- Yahoo
Governor Tony Evers grants $1.8 million to Green Bay to cover public safety costs from NFL Draft
MADISON, Wis. (WFRV) – After a successful NFL Draft in Green Bay, Governor Tony Evers announced on Wednesday that his administration is providing nearly $2 million in grants to cover some of the costs. The $1.8 million grant was funded through the Opportunity Attraction and Promotion Fund. According to the release from Gov. Evers, the money will help Green Bay, Ashwaubenon, and Brown County cover the security and public safety expenses associated with the Draft. Incoming Packers president Ed Policy discusses goals, legacy, and leadership transition Gov. Evers cited the event's huge success in Green Bay as a reason for the grant, while complimenting the Packers and community on their handling of the week. 'It was critically important to me that Green Bay and our local partners received the support they needed to cover public safety costs, and I'm glad we were able to get this done,' Gov. Evers said in the release. 'For three days, Wisconsin had the national spotlight, showcasing all we have to offer.' The Opportunity Attraction and Promotion Fund was a proposal in the 2023-25 Biennial Budget, which Gov. Evers finalized with a $10 million investment to be distributed by the Wisconsin Economic Development Corporation (WEDC). Mayor Genrich expressed his gratitude through the release to Gov. Evers and the WEDC for their support, while citing the impact the NFL Draft provided the community and state. 'This was a historic event that brought enormous economic benefits to our community and the entire state of Wisconsin,' Mayor Genrich said in the release. 'The allocation of this funding recognizes that positive statewide economic effect and protects our local taxpayers from bearing the costs—a win-win for residents.' WEDC Secretary and CEO Missy Hughes concurred, highlighting how Green Bay showed the potential that Wisconsin as a whole has to show up on a national stage for major events. Green Bay Packers hosting third annual 'Girls Flag Open' event 'We have the facilities to host major events, the people needed to prepare for and staff the event, and the community to rally behind such a large undertaking,' Hughes said. 'Green Bay rose to the occasion and did a phenomenal job.' Early estimates projected a $94 million impact on statewide economic activity, according to the release, with about $20 million to the Green Bay area alone. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
13-06-2025
- Business
- Yahoo
Yaskawa America bringing North American headquarters and 700 jobs to Franklin
Yaskawa America is relocating its North American headquarters to Franklin − bringing 700 jobs and a $180 million investment. The robotics manufacturer is consolidating its Waukegan, Illinois, North American headquarters and its Milwaukee-area industrial operation into one Franklin campus over the next eight to 10 years. The consolidated operations will be in Franklin Business Park campus, at 2 World Packaging Circle. That's according to a June 13 announcement from Gov. Tony Evers, Wisconsin Economic Development Corp., and Yaskawa America. Franklin Mayor John Nelson called Yaskawa America a 'wonderful community partner." "We are grateful to Milwaukee 7 (M7) and WEDC for working with us over the last 22 month(s) to make this happen," Nelson wrote on his Mayor John Nelson - Franklin, WI Facebook page. M7 is southeastern Wisconsin's economic development organization. The new 800,000-square-foot headquarters will include training, lab building, manufacturing and packaging facilities, along with robotics and semiconductor production operations, according to the company. As part of the expansion into southeastern Wisconsin, Yaskawa America also plans to begin manufacturing robots in Franklin that will ship to customers or be integrated into production lines at the company's Ohio facility. 'I am really excited to be celebrating Yaskawa's decision to relocate its headquarters to Wisconsin and expand its footprint here in the Badger State, bringing with them millions of dollars in capital investment in Southeastern Wisconsin and hundreds of high-quality, family-supporting jobs,' Evers said in a statement. WEDC plans to provide up to $18 million of Enterprise Zone tax credits. The exact amount is contingent on how many jobs are created and the amount of capital investment. Missy Hughes, WEDC secretary and CEO, said Yaskawa America is a perfect fit for Wisconsin with the company's 'emphasis on advanced manufacturing and cutting-edge technology.' Mike Knapek, CEO of Yaskawa America, said the company looks forward "to a strong future of growth and innovation in Franklin." Yaskawa America manufactures industrial robots, solar inverters, low and medium voltage AC drives, and motion control products, according to its website. These products are used in such industries as automotive, machine tool, solar, oil and gas and HVAC. The company is celebrating its 110th anniversary globally with 58 years of sales and manufacturing in the United States. Contact Erik S. Hanley at Like his Facebook page, The Redheadliner, and follow him on X @Redheadliner. This article originally appeared on Milwaukee Journal Sentinel: Yaskawa America bringing headquarters and 700 jobs to this suburb
