Economic Development
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.
Hartland insurance agencies merge
Hartland-based RC Insurance Services Inc. and Hartland-based Group Health Planning Inc. have merged, effective Aug. 1.
Money moves
Jody Filo has been promoted to vice president-compliance officer at Cornerstone Community Bank. She has worked at Cornerstone for...
Milwaukee manufacturing growth bucks national, Midwestern trends
Milwaukee-area manufacturers reported continued strong growth during July, according to the latest report from the Institute for Supply Management-Milwaukee.
Manufacturers continue growth in July
Milwaukee-area manufacturers reported continued strong growth during July, according to the latest report from the Institute for Supply Management-Milwaukee.
GDP rose in 2nd quarter
Real gross domestic product, the output of goods and services produced by labor and property in the United States, increased at an annual rate of 4.0 percent in the second quarter, as the economic recovery gained momentum, according to the advance estimate released by the U.S. Bureau of Economic Analysis today.
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Consumer confidence soars
U.S. consumer confidence jumped to its highest level in almost seven years in July, according to the Conference Board.
Sensient earnings down on restructuring charges
Milwaukee-based Sensient Technologies Corp. reported second quarter net earnings of $29.1 million, or 59 cents per share, down from $32.3 million, or 65 cents per share, in the second quarter of 2013.
Marcus caps record quarter
The Marcus Corp. reported fiscal fourth quarter net earnings of $4.3 million, or 16 cents per share, up from $3.5 million, or 13 cents per share, in the same period a year ago.
A.O. Smith reports record revenue
Milwaukee-based A.O. Smith Corp.reported second quarter net earnings of $57.3 million, or 63 cents per share, up from $42.1 million, or 45 cents per share, in the second quarter of 2013.