Economic Development

Brookfield-based RidgeStone Bank is among the 15 best-run community banks in the country in terms of return on average assets and efficiency ratio, according to an analysis by Raleigh, N.C.-based financial information company Sageworks.

Milwaukee-based Mandel Group Inc. announced today 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.

Sturtevant-based American Metal Technologies LLC has acquired Kotobuki-Reliable Die Casting Inc.

Cudahy-based Roadrunner Transportation Systems Inc. announced has completed its previously announced acquisition of Belleville, Mich.-based Active Aero Group, a supply chain solutions provider specializing in sensitive or time-critical freight.

Jacksonville, Fla.-based FIS plans to close its print and mail business unit in Brown Deer and lay off 32 workers there.

New Berlin-based A&A Manufacturing Co. Inc. has been acquired by London-based international investment manager 3i Group plc and its management.

Vrakas/Blum S.C. in Brookfield has hired Nicole Gabriel as a staff accountant. Gabriel is a recent graduate of the...

Milwaukee-based accounting and business consulting firm Wipfli LLP has partners with Vertex SMB to provide a sales and use tax solution called Vertex SMB TaxCentral.

The Wisconsin chapter of the Association for Corporate Growth will host noted author Rita McGrath as its keynote speaker at its annual Growth, Leadership and Human Capital Conference.

Wauwatosa-based Briggs & Stratton Corp. has completed its acquisition of Holdrege, Neb.-based Allmand Bros Inc. for about $62 million in cash for all outstanding shares, net of acquired cash. Briggs & Stratton financed the transaction from cash on hand.