Economic Development
Roadrunner expands to the South with acquisition
Cudahy-based Roadrunner Transportation Systems Inc. has acquired the assets of the Southeast Drayage division of Transport Corporation of America Inc., a provider of intermodal transportation and related services in the Southeast.
Zeske is new vice president at Bank Mutual
Bank Mutual Corp. announced the appointment of Jeanne Zeske to vice president of commercial banking for southeastern Wisconsin.
WAMIC to host 100th convention
The Wisconsin Association of Mutual Insurance Companies will host its 100th annual convention from Sunday, September 8 to Tuesday, September 10 at the Country Springs Hotel in Pewaukee.
M&A activity flat in first half
National mergers and acquisitions activity was mostly flat in the Americas for the first half of the year, according to a report from Mergermarket and Merrill DataSite.
Waterstone Mortgage approved for Ginnie Mae
Pewaukee-based Waterstone Mortgage Corp. has been approved as a Ginnie Mae issuer for the Ginnie Mae I and II single-family mortgage-backed securities program.
Nordco acquired by NY private equity firm
Oak Creek-based Nordco Inc. has been acquired by Greenbriar Equity Group LLC, a New York-based private equity firm that targets the global transportation industry.
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New hires and promotions
Matthew Dolsky has joined Ridgestone Bank’s Brookfield office as AVP-commercial lending. He will be responsible for government guaranteed lending...
Sachdeva settlement boosts Koss
Milwaukee-based headphone manufacturer Koss Corp. reported fourth quarter net income of $4.6 million, or 62 cents per share, up from $931,891, or 13 cents per share, in the fourth quarter of 2012.
Strattec Q4 profits are flat
Milwaukee-based Strattec Security Corp. reported fourth flat fourth quarter profits, and a slight dip in profits for the full fiscal year.
Roundy’s Q2 results sag
Milwaukee-based grocer Roundy's Inc. reported that its second quarter net income fell 28.6 percent to $13.5 million, or 30 cents per diluted share, and that its net sales dipped 1.7 percent to $980.3 million, compared to the second quarter of 2012.