Economic Development
FIS to close Brown Deer business unit, lay off 32
Jacksonville, Fla.-based FIS plans to close its print and mail business unit in Brown Deer and lay off 32 workers there.
A&A Manufacturing sold to London investment firm
New Berlin-based A&A Manufacturing Co. Inc. has been acquired by London-based international investment manager 3i Group plc and its management.
Congress must reauthorize Ex-Im Bank
Every poll taken shows that the number one issue on the minds of voters is “jobs and the economy.” Why, then, is a federal program that has helped create thousands of Wisconsin jobs at hundreds of Wisconsin businesses and generated billions in economic activity for the state currently on life support in Washington, D.C.?
Manufacturing activity remains strong
Milwaukee-area manufacturing activity continued to grow at a strong, though slightly slower, pace in August.
ZBB to raise $14 million through public offering
Menomonee Falls-based ZBB Energy Corp. is raising $14.8 million through a public offering of 11.5 million shares of its common stock.
Alderman wants to increase city’s bonding authority by $100 million for arena
Milwaukee Ald. Joe Davis Sr. has announced a proposal to increase the city's bonding authority by $100 million during the upcoming 2015 budget process to give the city funding option flexibility for a proposed new arena.
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BMO Financial Group reports flat quarter
BMO Financial Group and Bank of Montreal, parent company of BMO Harris Bank, today reported third quarter net income of $1 billion, flat from the third quarter of 2013.
Alpine Valley Music Theatre is for sale
Alpine Valley Music Theatre, a 37,000-seat outdoor concert venue in East Troy, is for sale.
BizTimes Media seeking Nonprofit Excellence Awards nominations
What does philanthropy look like at your company? How has your workplace made a difference in southeastern Wisconsin?
Briggs & Stratton to acquire Allmand Bros.
Wauwatosa-based Briggs & Stratton Corp. announced that it has agreed to acquire Holdrege, Neb.-based Allmand Bros Inc. for $62 million.