3 Effects of the Inflation Reduction Act on Logistics

When the Inflation Reduction Act (IRA) was signed into law by President Biden on August 16, 2022, it was hailed as landmark legislation to combat the country’s deficit and lower inflation, all while promoting growth in domestic manufacturing and clean energy usage. But, despite its name, the legislation came about in response to more than rising inflation.   After years of supply chain instability spurred by trade wars and the COVID-19 pandemic, lawmakers were motivated to seek solutions that could improve the resilience of the ... Read More

2023-06-02T20:03:36+00:00June 2nd, 2023|Articles, Giving Back, Milwaukee, Press Releases|

Pathfinders Receives $100,000 from Phoenix Investors in Challenge Donation

MILWAUKEE, WI – Nonprofit organization Pathfinders announced receipt of a large donation from Milwaukee-based commercial real estate firm Phoenix Investors in support of their annual fundraising campaign. Phoenix Investors, alongside The Crivello Family Foundation, pledged $100,000 to the local nonprofit as a challenge to raise a matching amount of funds from other sources. Pathfinders completed the challenge and was awarded the funds earlier this year. Pathfinders serves around 5,000 of Milwaukee’s youth and young adults annually, with nearly 1,000 receiving more intensive care services, such as ... Read More

2023-05-23T17:18:43+00:00May 23rd, 2023|Articles, Giving Back, Milwaukee, Press Releases|

Renovation of Kentucky Warehouse Aligns With Governor’s Push for Agritech Jobs

Originally Published by CoStar Group Inc.  An affiliate of Phoenix Investors acquired a vacant 267,289-square-foot warehouse building in Mount Sterling, Kentucky, for $1.65 million in December 2022. The building hadn't been used since Regal Rexnord Corp. ceased operations in 2014. Shortly after the sale, Phoenix Investors entered a long-term lease agreement with Neogen Corp., a manufacturer of animal and food safety products. Phoenix renovated the warehouse — now called the Neogen Mount Sterling — in 2022, adding new dock positions, racking and conveyor systems, ... Read More

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