Economic Development

Waukesha-based Generac Holdings Inc. announced it has signed a purchase agreement to acquire the equity of Tower Light Srl and its wholly-owned subsidiaries from European private equity fund Ambienta I and a group of minority-share investors.

Beloit-based building products distributor ABC Supply Co. Inc. announced that it has acquired the assets of American Wholesale Building Supply Co., a distributor of siding and windows with a single location in Nashville, Tenn.

Robert F. Wolf has been named chief credit officer at Spring Bank. He joined the bank as vice president-administration...

Daniel L. Kaminski has been named executive vice president and head of Johnson Bank’s Wealth line of business.

In its second quarter as a publicly traded company, Artisan Partners Asset Management Inc. reported earnings of $5.7 million, or $0.38 per share, up from $3 million or $0.19 per share in the first quarter.

Bruce Bittles, Robert W. Baird & Co. Inc. chief investment strategist, wrote in his market notes yesterday that he expects the stock market to continue its rally into late August.

The Chicago Fed’s Midwest Manufacturing Index increased 0.4 percent in June up from -0.5 percent in May.

Wisconsin Gov. Scott Walker today signed a bill designed to bring more transparency and accountability to the Wisconsin Economic Development Corporation (WEDC).

Northern Trust Corp., the Chicago-based parent company of Northern Trust Bank, reported second quarter net income of $191.1 million, or 78 cents per share, up from $179.6 million, or 73 cents per share, in the same period a year ago.

U.S. Bancorp, the Minneapolis-based parent company of U.S. Bank, reported record net income of $1.5 billion, or 76 cents per share, up from $1.4 billion, or 71 cents per share, in the same period a year ago.