Economic Development
MahlerClean acquires competitor’s long-term clients
Mahler Enterprises, a privately held Milwaukee corporation operating as MahlerClean, recently reached an agreement to acquire a significant segment of Metro-Clean Corp.'s long-term clients.
R&R insurance acquires Snyder Insurance
Waukesha-based R&R Insurance Services Inc. has acquired Oconomowoc-based Snyder Insurance Agency, effective Sept. 1.
Brady narrows loss, names new CFO
Milwaukee-based Brady Corp. reported a fiscal 2014 net loss of $110.4 million, compared to a loss of $177.3 million in the fourth quarter of 2013.
The Marek Group acquires CPI Promotions
The Marek Group, a Waukesha-based sales enablement and marketing communications firm, announced it has acquired CPI Promotions, a promotional product distributor and manufacturer located in Pewaukee.
Valentine Coffee to purchase building
Valentine Coffee Co. plans to purchase its existing building at 5918 W. Vliet Street in Milwaukee.
Point: Wisconsin business climate vastly improved with Walker
In the 2010 Wisconsin governor's race, then-candidate Scott Walker established a lofty goal for the state to create 250,000 private sector jobs within his first term. The number was big, it was bold, and more than anything, the statement put private sector businesses on notice that the state was going to do better.
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Mandel Group secures $53 million in financing for North End’s third phase
Milwaukee-based Mandel Group Inc. announced that it has closed on financing for the third phase of its North End developmet in downtown Milwaukee, raising $53 million to develop a six-story mixed use building at the corner of North Water and East Pleasant streets.
Shelter Mortgage acquired by Pennsylvania lender
Brown Deer-based Shelter Mortgage Co. has been acquired by New Penn Financial LLC.
BrightStar to invest in gener8tor graduates
BrightStar Wisconsin Foundation Inc. announced it has partnered with gener8tor to invest in technology-enabled, rapidly scalable early stage companies.
Lasry: Arena financing needs to be partnership
Marc Lasry, co-owner of the Milwaukee Bucks, said the City of Milwaukee will be key to financing a new arena downtown.