Economic Development

Actuant to sell division

Menomonee Falls-based Actuant Corp. announced Monday that its board of directors has authorized a plan to sell the company's Electrical segment.

Wisconsin ranks 49th in Fed economic forecast

Wisconsin’s six-month economic forecast ranks 49th in the nation, according to the latest state-by-state analysis by the Federal Reserve Bank of Philadelphia.

Milwaukee manufacturing index slips again

The production rate of Milwaukee-area manufacturers contracted for the second consecutive month in May, according to the latest report by the Institute for Supply Management-Milwaukee.

U.S. Bank provides financing for Milwaukee housing project

U.S. Bank is providing nearly $10 million in financing to help Heartland Housing Inc. develop a 37-unit family supportive housing project on a once vacant piece of land in northeast Milwaukee.

Patina Solutions acquires Minneapolis company

Milwaukee-based Patina Solutions has opened its ninth U.S. office in Minneapolis by acquiring Summit Advisory Group.

Orion to acquire Florida manufacturer

Manitowoc-based Orion Energy Systems Inc. has signed a definitive agreement to acquire all of the issued and outstanding equity interests of Harris Manufacturing Inc. and Harris LED LLC of Green Cove Springs, Fla.
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VRC hires machinery and equipment appraiser

Valuation Research Corporation has hired Nathan Emanuel as a machinery and equipment appraiser for its Milwaukee office.

Bank Mutual names Larson manager

Bank Mutual has named Jim Larson assistant vice president/bank office manager for its branch at 6801 W. Oklahoma Ave. in Milwaukee. He will oversee operations and customer service.

Orlando to lead M&A at Oak Hill

Milwaukee-based Oak Hill Business Partners has named Frank Orlando the head of its business sales and merger and acquisition advisory division.

White named managing director

Steve White has been named managing director at Milwaukee private wealth management firm PaulaHogan. He will help manage and drive the strategy at PaulaHogan, while advising clients.

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