Economic Development
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.
Cera is new chair of Wisconsin Bankers Association
Robert Cera, president and chief executive officer of Baylake Bank in Sturgeon Bay, has been elected to serve as the 2014-2015 chair of the Wisconsin Bankers Association.
Gay is new managing partner for Ernst & Young in Milwaukee
Ernst & Young LLP has named assurance partner David Gay as managing partner of its Milwaukee office, July 1.
Money events
The Accounting & Financial Women’s Alliance Milwaukee Chapter will host its year-end meeting on Tuesday, June 24, from 5:30...
Capital Innovations to advise on new energy fund
Pewaukee-based Capital Innovations LLC will sub-advise a new fund launched by Irvine, Calif.-based Vertical Capital Markets Group.
Factory orders rise again
U.S. factory orders rose for a third consecutive month in April, adding to evidence that manufacturing is regaining momentum after a harsh winter, according to the latest report by the U.S. Department of Commerce.
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French company acquires SPSI
Brookfield-based Systems & Programming Solutions Inc. and its subsidiary, Best Way Technologies, have sold their assets to French mail solutions, communication and logistics provider Neopost. The name SPSI has been changed to ProShip Inc. in the transaction.
First Bank Financial Centre named SBA Lender of the Year
Oconomowoc-based First Bank Financial Centre recently received the SBA Lender of the Year Award at the Wisconsin Lenders Conference.
Snap-on acquires N.H. manufacturer for $42 million
Kenosha-based tool manufacturer Snap-on Inc. has acquired substantially all of the assets of Pro-Cut International Inc. for about $42 million in cash.
SVA acquires Kosler & Co.
Brookfield-based tax and accounting firm Kosler & Co., S.C., Certified Public Accountants and Business Consultants has been acquired by Madison-based SVA Certified Public Accountants S.C.