Wisconsin Economic Development Corporation
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Wisconsin Economic Development Corporation
The Wisconsin Economic Development Corporation (WEDC) is a public-private agency in the state of Wisconsin designed to assist business development and innovation through loans, grants, tax credits, and technical assistance programs. History WEDC was established in 2011 during the tenure of Gov. Scott Walker to replace the Wisconsin Department of Commerce. The impetus for WEDC resulted from a 2010 report titled “Be Bold Wisconsin: The Wisconsin Competitiveness Study” that recommended a non-political authority be created to design and deliver a statewide economic development strategy. Structure Leadership and governance WEDC is led by a cabinet-level official who holds the titles of secretary and CEO. The post, currently held by Melissa "Missy" Hughes, is appointed by the governor and confirmed by the Senate. WEDC has an 18-member board of directors. The governor nominates six board members, who then need Senate approval; the Assembly speaker and Senate majority leader each ...
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Wisconsin Department Of Commerce
The Wisconsin Department of Commerce was a department in the executive branch of the Government of Wisconsin. It was responsible for implementing and overseeing the economic development programs for Wisconsin through consultation, technical assistance, and relocation assistance. It also administered the distribution of federal economic assistance programs to local governments and businesses, and acts as a go-between for businesses and other government agencies. The department also enforced laws regarding safety and sanitation in buildings, petroleum products, and petroleum tanks. It also gave housing assistance to low income families. The Department of Commerce was administered by the Wisconsin Secretary of Commerce, who was appointed by the Governor of Wisconsin, governor with the advice and consent of the Wisconsin State Senate. The department traced its roots to the Division of Industrial Development within the Office of the Governor, as established by the Wisconsin Legislature ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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Melissa Hughes
Melissa "Missy" Hughes serves as secretary and chief executive officer of the Wisconsin Economic Development Corporation. She was appointed in September 2019 by Gov. Tony Evers, and confirmed one month later. Hughes is the first woman to hold the post. Background Before joining WEDC, Hughes served as general counsel and chief mission officer at Organic Valley, a dairy cooperative in Wisconsin. Previously she was associate attorney at the law firm of Holland & Hart. She received her BA degree from Georgetown University and a law degree from the University of Wyoming The University of Wyoming (UW) is a public land-grant research university in Laramie, Wyoming. It was founded in March 1886, four years before the territory was admitted as the 44th state, and opened in September 1887. The University of Wyoming .... References External links WEDC.org {{DEFAULTSORT:Hughes, Melissa Government of Wisconsin Living people State cabinet secretaries of Wisconsin Place of birth ...
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Scott Walker (politician)
Scott Kevin Walker (born November 2, 1967) is an American politician who served as the 45th governor of Wisconsin from 2011 to 2019. He is a member of the Republican Party. Born in Colorado Springs, Colorado, Walker was raised in Plainfield, Iowa and in Delavan, Wisconsin. He was elected to the Wisconsin State Assembly in 1992, representing a district in western Milwaukee County. In 2002, Walker was elected Milwaukee County Executive in a special election following the resignation of F. Thomas Ament; he was elected to a full term in 2004 and was re-elected in 2008. Walker ran for Governor of Wisconsin in 2006, but dropped out of the race before the primary election. He ran again in 2010 and won. Shortly after his inauguration in 2011, Walker gained national attention by introducing the Wisconsin Budget Repair Bill; the legislation proposed to effectively eliminate collective bargaining for most Wisconsin public employees. In response, opponents of the bill protested at ...
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Foxconn
Hon Hai Precision Industry Co., Ltd., trading as Hon Hai Technology Group in China and Taiwan and Foxconn internationally, is a Taiwanese multinational electronics contract manufacturer established in 1974 with headquarters in Tucheng, New Taipei City, Taiwan. In 2021, the company's annual revenue reached () and was ranked 20th in the 2022 Fortune Global 500. It is the world's largest technology manufacturer and service provider. While headquartered in Taiwan, the company is the largest private employer in the People's Republic of China and one of the largest employers worldwide. Terry Gou is the company founder and former chairman. Foxconn manufactures electronic products for major American, Canadian, Chinese, Finnish, and Japanese companies. Notable products manufactured by Foxconn include the BlackBerry, iPad, iPhone, iPod, Kindle, all Nintendo gaming systems since the GameCube (except subsequent Nintendo DS models), Nokia devices, Sony devices (including the PlayStati ...
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Mount Pleasant, Wisconsin
:''There is also the Town of Mount Pleasant in Green County.'' Mount Pleasant is a village in Racine County, Wisconsin, United States. It is located approximately south of Milwaukee and north of Chicago. As of the 2020 census, the village's population was 27,732. History The community was established as the Town of Mount Pleasant in 1842 when a small group of residents met to organize the settlement. In 1972, Mount Pleasant adopted its zoning ordinance, which established significant locally controlled development. On September 16, 2003 Mount Pleasant incorporated as a village following a referendum passed by the residents. Geography According to the United States Census Bureau, the village has a total area of , of which, of it is land and is water. Local Area Code is 262. Demographics 2010 census As of the census of 2010, there were 26,197 people, 11,136 households, and 7,395 families living in the village. The population density was . There were 11,827 housin ...
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Wisconsin State Journal
The ''Wisconsin State Journal'' is a daily newspaper published in Madison, Wisconsin by Lee Enterprises. The newspaper, the second largest in Wisconsin, is primarily distributed in a 19 county region in south-central Wisconsin. As of September 2018, the ''Wisconsin State Journal'' had an average weekday circulation of 51,303 and an average Sunday circulation of 64,820. The ''State Journal'' is the state's official newspaper of record, and statutes and laws passed are regarded as official seven days after the publication of a state legal notice. The State Journal's editorial board earned the newsroom's first Pulitzer finalist honor in 2008 for its "persistent, high-spirited campaign against abuses in the governor's veto power." The state's constitution was amended after the innovative, multi-media editorial campaign and the governor's veto power was limited. The staff of the ''Wisconsin State Journal'' was also a finalist for the Pulitzer Prize for Breaking News Reporting in 20 ...
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Foxconn In Wisconsin
Foxconn in Wisconsin is a project in which Foxconn originally committed to investing $10 billion in a display panel manufacturing plant in Mount Pleasant, Wisconsin per an agreement with the state of Wisconsin. The initial announcement claimed that the plant would employ up to 13,000 workers and that the company would receive $3 billion in subsidies. The factory was to start production by the end of 2020. State and local governments made substantial infrastructure improvements. Each year the state has denied the project's tax subsidies. The plant was heavily touted by Governor Scott Walker and Republicans in Wisconsin. President Donald Trump praised the plant at the groundbreaking ceremony. Numerous economists expressed skepticism that the benefits to Wisconsin would exceed the costs of the deal for Wisconsin's taxpayers. The amount would have been by far the largest tax incentive deal ever given to a foreign firm in U.S. history. Environmentalists criticized the deal for ex ...
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Government Of Wisconsin
Wisconsin () is a U.S. state, state in the Upper Midwest, upper Midwestern United States. Wisconsin is the List of U.S. states and territories by area, 25th-largest state by total area and the List of U.S. states and territories by population, 20th-most populous. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michigan to the northeast, and Lake Superior to the north. The bulk of Wisconsin's population live in areas situated along the shores of Lake Michigan. The largest city, Milwaukee, anchors its largest Milwaukee metropolitan area, metropolitan area, followed by Green Bay, Wisconsin, Green Bay and Kenosha, the third- and fourth-most-populated Wisconsin cities respectively. The state capital, Madison, Wisconsin, Madison, is currently the second-most-populated and fastest-growing city in the state. Wisconsin is divided into List of counties in Wisconsin, 72 counties and as of the 2020 United States census, 20 ...
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State Departments Of Economic Development In The United States
State may refer to: Arts, entertainment, and media Literature * '' State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * ''Our State'', a monthly magazine published in North Carolina and formerly called ''The State'' * The State (Larry Niven), a fictional future government in three novels by Larry Niven Music Groups and labels * States Records, an American record label * The State (band), Australian band previously known as the Cutters Albums * ''State'' (album), a 2013 album by Todd Rundgren * ''States'' (album), a 2013 album by the Paper Kites * ''States'', a 1991 album by Klinik * ''The State'' (album), a 1999 album by Nickelback Television * ''The State'' (American TV series), 1993 * ''The State'' (British TV series), 2017 Other * The State (comedy troupe), an American comedy troupe Law and politics * State (polity), a centralized political organizat ...
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