Giant Corporates: Biggest Companies from Wisconsin

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Northwestern Mutual

According to the Fortune 500 revenue ranking, it's ranked 102nd in the US, and 1st in its state.

Northwestern Mutual is a mutual insurance company headquartered in Milwaukee, Wisconsin. Wealth and asset benefit insurance, education preparation, retirement planning, investment advisory services, financial planning trust and private client services, estate planning, and business planning are all services provided by the financial analysis firm. Life insurance, lifetime life insurance, disabilities benefit insurance, and long-term care insurance are among the company's offerings, as are annuities, pensions, and financial management products and services. Northwestern Mutual is currently ranked No. 102 in terms of gross sales and is in the top 50 in terms of assets retained on the 2019 Fortune 500 list of the biggest US companies. Annual distributions are paid to qualifying policyholders from the company's earnings.

Interesting facts about the company:

The firm had $308.8 billion in reserves, $31.1 billion in sales, and $2 trillion in active life insurance protection as of 2021, and it employed more than 4.75 million people. Via its financial management and investment services operations, they invested $200 billion in shares owned by their clients and purchased or managed by them. Northwestern Mutual has announced a $1.6 million grant to All-In Milwaukee in June 2020, through its Foundation and in partnership with the Diversity and Inclusion agency, to fund the latest Talent of the Future program over the next four years.

Northwestern Mutual paid more than $250 million for financial consulting firm LearnVest on March 25, 2015.

In 2001, the corporation expanded its product and service offerings by establishing Northwestern Mutual Wealth Management Company (NMWMC), a federal savings bank, as a wholly owned subsidiary. Investment management, fee-based wealth preparation, corporate retirement arrangements, and trust and private client programs are among the financial planning tools and services offered by NMWMC.

ManpowerGroup

According to the Fortune 500 revenue ranking, it's ranked 158th in the US, and 2nd in its state.

ManpowerGroup (formerly Manpower Inc.) is an American multinational company based in Milwaukee, Wisconsin, that is part of the Fortune 500. ManpowerGroup, founded by Elmer Winter and Aaron Scheinfeld in 1948, is the world's third-largest recruiting company, after Swiss firm Adecco and Dutch firm Randstad. Via its four primary brands, Manpower (contingent staffing & permanent recruitment), Experis (professional resourcing and project-based solutions[buzzword]), Right Management (career management, workforce consulting, and training & development), and ManpowerGroup Solutions, the company provides administrative & support services, professional services, and business services (managed services and outsourcing).

Interesting facts about the company:

ManpowerGroup announced the takeover of Greythorn's Australian and Singapore subsidiaries, as well as its affiliate Marks Sattin, on June 1, 2015. The Experis division announced the purchase of a controlling stake in Veritaaq, a Canadian IT consultancy company, in August of 2015. ManpowerGroup paid $140.4 million for 7S Group GmbH, a German HR services company, on September 3, 2015. ManpowerGroup bought several Ciber branches in Europe in 2016 and 2017: Ciber Netherlands, Ciber Norway, and Ciber Spain.

ManpowerGroup purchased 70% of Proservia SA, a French IT and systems engineering firm, on September 22, 2011. By November 2011, the outstanding shares had been purchased for a total of $29.4 million.

Manpower, Experis (formed by combining Manpower Professional, Elan, and Jefferson Wells), Right Management, and ManpowerGroup Solutions were rebranded as ManpowerGroup in 2011 and grouped into four main brands: Manpower, Experis (formed by combining Manpower Professional, Elan, and Jefferson Wells), Right Management, and ManpowerGroup Solutions (formerly Manpower Business Solutions).

Kohl's

According to the Fortune 500 revenue ranking, it's ranked 165th in the US, and 3rd in its state.

Kohl's Corporation owns and operates Kohl's, an American department store retailer. It is the largest department store chain in the United States, with 1,158 branches in every state except Hawaii, as of February 2013. Maxwell Kohl, a Polish immigrant, founded the business in 1927 when he opened a corner grocery store in Milwaukee, Wisconsin. (5) [6] It grew to become a prosperous local chain, and in 1962, the business expanded by opening its first department store. [nine] Though still owned by the Kohl family, British American Tobacco Company acquired a majority stake in the company in 1972, and the company was sold to BATUS Inc. in 1979. British American Tobacco sold the company to a consortium of investors in 1986, and the company went public in 1992.

Interesting facts about the company:

Off/Aisle, a retailer centered on selling like-new clothes, home decor, watches, and accessories that were bought and returned at Kohl's locations, opened its first test store in 2015. The stores offered cheaper merchandise and had a stricter refund policy than traditional Kohl's locations. In 2019, the Off/Aisle stores were shut down.

Kohl's stock dropped 19 percent in value in early January 2017, in what The Wall Street Journal called "the stock's worst day on record," noting that it was a notable exception to the market's overall diminishing volatility.

Kohl's employs a "racetrack" style, with a single aisle circling the entire store, which is similar to that of discount retailers.

This has been a short list of the three biggest corporates in Wisconsin. Let's share your experience & thoughts in the comments.

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