Economic Development

Sani-Matic Inc. of Madison has been purchased by Wing Capital Group of Milwaukee.

The Marcus Corp. announced that its board of directors has authorized the repurchase of up to 3 million additional shares of the company’s outstanding common stock.

Two of Wisconsin’s most venerable independent insurance agencies have joined forces with the acquisition of Burkart-Heisdorf Insurance Agency Inc. by McClone.

Federal Reserve Bank of St. Louis President James Bullard told the Wisconsin Bankers Association that he believes the U.S. gross domestic product (GDP) will grow by around 3.2 percent in 2013 and 2014, a more bullish estimation than some economists are forecasting.

Milwaukee investment banking firm Cleary Gull Inc. received an award for Corporate and Strategic Acquisition of the Year (between $250 million and $500 million) from The M&A Advisor at the organization’s annual banquet last month.

Pewaukee-based WaterStone Mortgage Corporation is growing at a fast clip.

The Wisconsin Economic Development Corp. (WEDC) is seeking Wisconsin companies to participate in a trade mission to South Africa March 6-15.

Wisconsin ranks 42nd out of the 50 states in private-sector job creation, according to the latest available government jobs data.

The Wisconsin Bankers Association will host its 2013 Economic Forecast Luncheon on Thursday, January 10, from noon to 2 p.m. at Monona Terrace Convention Center in Madison.

Menomonee Falls-based Bradley Corp. announced it has purchased the assets of Keltech Inc. of Delton, Mich., and will operate the company as a wholly-owned subsidiary.