Economic Development
Laning to lead Baker Tilly Investment Advisors
Bruce Laning has been named president of Madison-based investment advisory firm Baker Tilly Investment Advisors LP. He will work out of the Milwaukee office.
Johnson Controls makes $1.6 billion acquisition
Glendale-based Johnson Controls Inc. has agreed to acquire air distribution and ventilation product manufacturer Air Distribution Technologies Inc. for about $1.6 billion.
Bank earnings solid in 1Q
Earnings released last week for banks with a presence in the Milwaukee market have been generally positive.
Bank Mutual reports earnings increase
Brown Deer-based Bank Mutual Corp. reported first quarter net income of $2.8 million, or 6 cents per share, up 11.7 percent from $2.5 million, or 5 cents per share, in the first quarter of 2013.
MGS acquires plant in New York
MGS Mfg. Group Inc., headquartered in Germantown, announced it has purchased Hospira's injection molding plant in Buffalo, N.Y.
Waukesha State Bank plans branch at Hartland bowling alley site
Waukesha State Bank is working on plans to build a bank branch in Hartland at the current site of the Hartbrook Lanes bowling alley at 550 Hartbrook Drive.
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Quarterly earnings dip at Associated Banc-Corp
Green Bay-based Associated Banc-Corp reported first quarter net income of $45.1 million, or 27 cents per share, down from $47.3 million, or 28 cents per share, in the first quarter of 2013.
Westbury Bank to renovate Brookfield branch
West Bend-based Westbury Bank will spend about $1.5 million to renovate its branch at North Avenue and Calhoun Road in Brookfield.
Trick to lead Racine County EDC
Jenny Trick has been named the new executive director of the Racine County Economic Development Corp., effective immediately.
LBWN announces summer internship program
Layton Boulevard West Neighbors, Inc. is building on the success of its Mobile Bike Hub with a new summer internship program that will teach area teens far more than the mechanics of basic bike repairs.
