Economic Development
Twin Disc caps fiscal year with strong quarter
Racine-based Twin Disc Inc. reported fiscal fourth quarter net earnings of $2.3 million, or 21 cents per share, up from $47,000, or 0 cents per share, for the same quarter a year ago.
Westbury Bancorp recovers from loss
West Bend-based Westbury Bancorp Inc. reported fiscal 2014 third quarter net income of $69,000, recovering from a net loss of $446,000 in the third quarter of 2013.
Hispanic Chamber seeks MEDC help for revolving loan fund
The Hispanic Chamber of Commerce of Wisconsin Inc. has created a new LLC that is seeking a $50,000 loan from the Milwaukee Economic Development Corp. to bolster the revolving loan fund pool it is developing.
State to host job fair for laid off Cargill workers
The Wisconsin Department of Workforce Development will host a job fair Aug. 14 for workers recently laid off from Cargill’s Menomonee Valley beef harvesting facility.
Millennial Train to stop in Milwaukee next week
The Millennial Trains Project, a train-based business incubator, will chug into Milwaukee next week so young professionals can get a taste for the city’s business and cultural attributes.
Johnson Financial names chief investment officer
Racine-based Johnson Financial Group has appointed Kevin Tan as chief investment officer.
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Helena Chemical Co. acquires Millard Feed Mill near Elkhorn
Colliersville, Tenn.-based Helena Chemical Company recently acquired Millard Feed Mill in Walworth County for $3.4 million, according to state records.
Master Lock acquires Sentry Safe
Oak Creek-based Master Lock Co. LLC has acquired Sentry Safe, a personal safe and protective security container manufacturer, for $117.5 million.
Waterstone earnings dip on lagging mortgages
Wauwatosa-based Waterstone Financial Inc. reported second quarter net income of $3.8 million, or 11 cents per share, down from $4.9 million, or 14 cents per share, in the second quarter of 2013.
Ohio company acquires Franklin manufacturer
Vesta, a Franklin-based contract manufacturer for the global medical device industry, has been acquired by Wickliffe, Ohio-based The Lubrizol Corp., a Berkshire Hathaway company.
