Economic Development

Northwestern Mutual unveils new renderings for HQ project

Northwestern Mutual Life Insurance Co. has unveiled some new renderings for its 1.1 million-square-foot, 32-story Northwestern Mutual Tower and Commons project at its corporate headquarters in downtown Milwaukee.

Baird analysts urge caution

Bruce Bittles, chief investment strategist and William Delwiche, investment strategist at Milwaukee-based Robert W. Baird & Co. Inc., are urging caution among investors for the second half of the year.

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How is your company doing? Readers are invited to take the BizTimes Mid-Year Economic Dashboard Survey.

Community Bank & Trust sells Clarke Hotel for $1 million

Harp & Eagle Ltd., which owns several small hotels and restaurants in Wisconsin including Country Clare Irish Inn & Pub in Milwaukee, recently purchased the 20-room Clarke Hotel in downtown Waukesha for $1 million, according to state records.

Industrial Controls acquires Illinois company’s assets

Sussex-based The Industrial Controls Co. has acquired the assets of Downers Grove, Ill.-based Control Masters Inc.
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Acuity surpasses 1,000 employees

Sheboygan-based property and casualty insurer Acuity now has more than 1,000 employees for the first time in the company's 90 year history.

Northwestern Mutual subsidiary buys stake in electric system

NM Neptune LLC, an indirect wholly owned subsidiary of Milwaukee-based Northwestern Mutual Life Insurance Co. Inc., has acquired Starwood Energy's 25-percent Class C stake in the Neptune Regional Transmission System.

Woman-owned business accelerator to launch in Milwaukee

The Denver-based Think Global Institute has announced it will open its next woman-owned business accelerator program in Milwaukee.

Grede Holdings sold to New York firm

Grede Holdings LLC, which has four Wisconsin foundries and was founded in Wauwatosa, has been sold to New York private equity firm American Securities LLC.

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