BizTimes Staff
NBA will reserve right to buy Bucks back
The NBA will reserve the right to buy back the Milwaukee Bucks from incoming owners Wesley Edens and Mark Lasry if a deal to a build a new arena in the city is not in place by November 2017.
Claims Board to consider Talgo case
The State of Wisconsin Claims Board will consider a $65.9 million claim filed by Talgo Inc. at its Wednesday, April 30 meeting.
ManpowerGroup survey cites importance of administrative assistants
The role of the contemporary administrative assistant is increasing in importance in corporate America, according to a new survey by Milwaukee-based ManpowerGroup.
Westbury Bank to renovate Brookfield branch
West Bend-based Westbury Bank will spend about $1.5 million to renovate its branch at North Avenue and Calhoun Road in Brookfield.
Argon Industries completes move, adding equipment and jobs
Milwaukee-based Argon Industries has moved its operations into one facility, added a new powder coat line, and is adding jobs.
MillerCoors earns World Beer Cup accolades
MillerCoors received several honors at the 2014 World Beer Cup.
Rexnord acquires water treatment company
Milwaukee-based Rexnord Corp. has acquired wastewater pretreatment solution provider Green Turtle Technologies Ltd., Green Turtle Americas Ltd. and Filamat Composites Inc.
Johnson Controls makes $1.6 billion acquisition
Glendale-based Johnson Controls Inc. has agreed to acquire air distribution and ventilation product manufacturer Air Distribution Technologies Inc. for about $1.6 billion.
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Fromm, Milwaukee World Festival to host Petfest
Mequon-based pet food manufacturer Fromm Family Foods and Milwaukee World Festival Inc., the nonprofit organization that produces Summerfest, will host a new festival this year called Fromm Petfest.
Repair segment drives Snap-on growth
Kenosha-based Snap-on Inc. today reported first quarter net earnings of $98.2 million, or $1.62 per share, up from $82.8 million, or $1.40 per share, in the first quarter of 2013.
Badger Meter earnings jump 59 percent
Brown Deer-based Badger Meter Inc. today reported first quarter net income of $4.6 million, or 32 cents per share, up 59.3 percent from $2.9 million, or 20 cents per share, in the first quarter of 2013.
State unemployment rate drops to 5.9 percent
The Wisconsin Department of Workforce Development today released preliminary estimates from the U.S. Bureau of Labor Statistics that indicate Wisconsin’s unemployment rate dropped to 5.9 percent in March.