Economic Development

Weak movie lineup stings Marcus Corp.

The Marcus Corp. today reported a fiscal third quarter operating loss of $224,000, or 5 cents per share, compared with operating income of $4.1 million, or 3 cents per share, in the same period a year ago.

Allrite acquires insulation firm

Allrite Home & Remodeling Inc., a Milwaukee company specializing in siding, roofing, window and gutter replacement, has acquired S&E Insulation in Shorewood.

Meyer to lead Wells Fargo’s commercial banking in Milwaukee

Jim Meyer has joined Wells Fargo as a senior vice president to lead the bank's commercial banking in southeastern Wisconsin.

State agencies to launch $30 million venture capital fund

The State of Wisconsin Investment Board (SWIB) and Wisconsin Alumni Research Foundation (WARF) are creating an early-stage venture capital fund focused on information technology.

Johnson Bank renews relationship with INVEST

Johnson Bank announced it has signed a new three-year contract with INVEST Financial Corporation, a full-service broker-dealer specializing in developing innovative financial solutions for advisors and their clients.

Krajcir named MBBI president

Ed Krajcir, president of Sunbelt Midwest in Milwaukee, has been appointed Wisconsin chapter president of Midwest Business Brokers and Intermediaries. He will serve a one-year term.
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V.A. Credit Union to merge with Summit

The Veterans Administration Credit Union plans to merge with Madison-based Summit Credit Union.

McMasters retires from CliftonLarsonAllen

Krista McMasters, CEO of CliftonLarsonAllen, will retire effective April 1 after 35 years with the firm.

Wisconsin Black Chamber of Commerce to present conference

The Wisconsin Black Chamber of Commerce Inc. presents will present its 2013 Black Business & Technology Conference June 22-23 at the Wisconsin African American Women's Center and at the Milwaukee Brotherhood of Fire Fighters Hall.

Acuity reaches new financial highs

In its 2012 financial statement, Sheboygan-based property and casualty insurance firm Acuity reported that its assets under management reached an all-time high of $2.75 billion and policyholders’ surplus finished the year at a record $1.125 billion.

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