Fourth quarter hiring plans strong
U.S. employers have strong plans to increase employment in the fourth quarter, according to the latest Manpower Employment Outlook Survey from Milwaukee-based ManpowerGroup.
Creating a family business: Bringing the second generation on board can be challenging
John Burke, who founded Milwaukee property development firm Burke Properties in 1968, never intended to turn it into a family business.
But when three of his five children showed interest, he created opportunities for each of them to join the company at his or her own pace, and in positions that suited their skills and interests. Wendy joined as a resident manager and eventually worked her way to her current role as president of the company. John Burke II was interested in the management side of the business, so he learned and now manages that side of the business. And Patrick had previous experience in the construction industry, and advanced to run that segment of the company.
Making a company into a family business can be challenging, but it has its rewards, Burke said.
But when three of his five children showed interest, he created opportunities for each of them to join the company at his or her own pace, and in positions that suited their skills and interests. Wendy joined as a resident manager and eventually worked her way to her current role as president of the company. John Burke II was interested in the management side of the business, so he learned and now manages that side of the business. And Patrick had previous experience in the construction industry, and advanced to run that segment of the company.
Making a company into a family business can be challenging, but it has its rewards, Burke said.
WaterStone Bank names community presidents for new branches
Wauwatosa-based WaterStone Bank has hired two new community presidents, to lead its new Greenfield and Fox Point branches.
Andrew named chief investment officer at Johnson Bank
Racine-based Johnson Financial Group has named Brian Andrew, CFA, chief investment officer.
Johnson Controls completes sale of facilities management business
Glendale-based Johnson Controls Inc. has completed the sale of its Global Workplace Solutions segment to CBRE Group.
Columbus McKinnon completes acquisition of Magnetek
Amherst, N.Y.-based Columbus McKinnon Corp., a material handling products manufacturer, has completed its acquisition of Menomonee Falls-based Magnetek Inc.
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Baird launches two new bond funds
Baird Funds, a division of Milwaukee-based Robert W. Baird & Co. Inc., has launched two new municipal bond funds.
Old Town Beer Hall opens in Germantown Friday
Germantown's Old Town Inn has undergone a $75,000 renovation over the past month, and will reopen as Old Town Beer Hall on Friday.
Midwest economic growth sluggish in July
Economic growth slowed in the Midwest in July, according to the latest Midwest Economic Index.
Therapy Plus acquired by national physical therapy firm
Milwaukee-based Therapy Plus has been acquired by Exton, Pa.-based Physiotherapy Corp.
