Economic Development

Investment strategist expects continued modest growth

Jim McDonald, senior vice president and chief investment strategist at Northern Trust Bank, is forecasting modest, steady growth for the U.S. economy in the second half of 2013.

The Joyless Recovery

The U.S. stock market is building on record highs, the housing and automotive markets continue to recover, the banking industry has stabilized, gross domestic product continues to grow, the unemployment rate is falling and new jobs are being added every month.

Anemic economic numbers for Wisconsin

The steady drumbeat of less-than-spectacular economic data for Wisconsin in recent months appears to be having a negative impact on the collective psyche of the state's employers.

Advanced Disposal acquires Sheboygan firm

Advanced Disposal, an integrated environmental services company, has completed the acquisition of Sheboygan Waste Materials Co., further expanding the company's eastern Wisconsin footprint.

UMB plans office move to Schlitz Park

UMB Fund Services Inc. plans to move its office from 803 W. Michigan St. on the west side of downtown Milwaukee about 1.5 miles northeast to the Schlitz Park office complex on the north side of downtown Milwaukee.

Mobile Medical Specialists acquires VMD

Pewaukee-based Mobile Medical Specialists (MMS) has acquired Visiting Medical Doctors (VMD), which has offices in Milwaukee and Waukesha.
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Brierton is new president of Payroll Complete

Waukesha State Bank announced that its board of directors promoted Paula Brierton to president of its payroll services division, Payroll Complete.

Tribune Co. to acquire parent company of Channel 6

Tribune Co. has reached an agreement to acquire 19 television stations, including WITI-TV (Channel 6) in Milwaukee, from Local TV Holdings LLC for $2.7 billion in cash.

Bemis acquires Chinese plastics company

Neenah-based Bemis Company Inc. announced that it has acquired all of the common stock of Foshan New Changsheng Plastics Films Co. LTD (NCS), a specialty film manufacturer located in Foshan, China.

New hires and promotions

Johnson Bank has named JoAnne C. Marks assistant vice president-senior mortgage loan officer for the Milwaukee region. Marks has...

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