Arthur Thomas

Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

SysLogic CEO Tina Chang joining Strattec board

Tina Chang, the chief executive officer of Brookfield-based information systems consulting and service company SysLogic, is joining the board of Strattec Security Corp.

Milwaukee-area firms, large ones especially, bullish on 2022 sales, profits

Among the 97 Milwaukee area businesses surveyed by the Metropolitan Milwaukee Association of Commerce, 80% expect to see sales increases in 2022 and 69% expect to see profits rise.

Supply chain, inflation issues remain for manufacturers as growth slows in January

The pace of growth in southeastern Wisconsin’s manufacturing sector slowed in January as businesses continued to deal with supply chain issues, inflation and COVID-19 variants, according to the latest Marquette-ISM Report on Manufacturing released earlier this week.

Despite December dip, Mitchell Airport traffic ends 2021 up 72%

Passenger traffic at Milwaukee Mitchell International Airport declined in December, but the airport ended the year with more than 4.5 million passengers, a 72% increase from 2020.

Enerpac CFO planning to leave company by end of April

Rick Dillon plans to leave his role as chief financial officer of Menomonee Falls-based Enerpac Tool Group by the end of April, the company announced Monday.

Hayat Pharmacy paying $2 million to settle false Medicare and Medicaid claims case

Milwaukee-based Hayat Pharmacy has agreed to pay $2,050,000 to settle claims it submitted false claims to Medicare and Medicaid for a topical cream and a multivitamin.

Briggs & Stratton cutting 34 corporate office jobs in addition to Germantown closure

Briggs & Stratton’s decision to exit its home maintenance business will result in the elimination of 34 jobs at its corporate offices in Wauwatosa, in addition to the previously announced closure of its Germantown distribution center.
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Federal Reserve approves Old National, First Midwest merger

The planned merger of Old National Bancorp. And First Midwest Bancorp has received approval from the Federal Reserve, clearing the way for the deal to close in the near future.

Rockwell Automation CEO thinks ‘we are still early’ in multi-year economic expansion

Rockwell Automation’s outlook for its current fiscal year calls for sales to increase around $1.22 billion, which would put revenues above $8.22 billion for the year.

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