Veolia Water SA of France, one of the world’s biggest water-technology companies, spends $50 million a year to develop ways to clean wastewater in a world beset by water shortages. And starting soon, it plans to be spending a share of its research-and-development budget in Milwaukee.
The company, a newcomer to the city, will give a $1.5 million research grant to the Great Lakes WATER Research Institute, an arm of the University of Wisconsin-Milwaukee, company officials said.