Economic Development

American Family Insurance to acquire Boston firm

Madison-based American Family Insurance announced it has reached agreement to acquire direct homeowners insurer Homesite Group Inc.

Milwaukee Biz Blog: Wisconsin ponders crowdfunding bill

On Aug. 13, three members of the Wisconsin legislature held a news conference to announce that they planned to introduce new legislation that would permit equity crowdfunding in Wisconsin.

New hires and promotions

Scott Fischer has joined The Marcus Corporation as director of tax. He has 17 years of experience with federal...

Core Business Solutions acquires Beal Associates

Waukesha-based staffing firm Core Business Solutions LLC has acquired Milwaukee-based boutique search firm Beal Associates.

BMO becomes first platinum member of LGBT Chamber

BMO Harris Bank has joined the Wisconsin LGBT Chamber of Commerce, as its first platinum founding member.

Illinois manufacturer to move to Kenosha County

Hanna Cylinders, a manufacturer of industrial grade tie-rod and custom engineered cylinders, plans to move all of its operations from Libertyville, Ill. to Pleasant Prairie, the Kenosha Area Business Alliance (KABA) announced.
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Milwaukee Biz Blog: Manufacturing is key to global competition

I was recently reminded of the value of manufacturing. A couple weeks ago, I spent some time in Mexico, observing our excellent operations there. Later, I was a speaker at Walmart's summit on American manufacturing. There, we announced an initiative to increase our lighting share at Walmart and create new manufacturing jobs in the U.S.

U.S. Labor Department reports sluggish gains in employment

The U.S. economy added a modest 169,000 new jobs in August, and the national unemployment rate fell to 7.3 percent from 7.4 percent, according to the latest report issued today by the U.S. Department of Labor.

WHEDA launches Refi Advantage program for homeowners

The Wisconsin Housing and Economic Development Authority (WHEDA) has rolled out its new Refi Advantage program, which offers refinancing loans to borrowers whose loans are owned or serviced by WHEDA.

Mining slump takes toll on Joy Global

With the global demand for mining continuing to decline and its stock trading near its 52-week low, the board of directors of Milwaukee-based Joy Global Inc. has authorized the company to repurchase up to $1.0 billion in shares of common stock over the next 36 months.

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