Economic Development

GE to provide financing to help Buell build dealer network

Erik Buell Racing LLC in East Troy will receive inventory financing from GE Capital's Commercial Distribution Finance (CDF) to help it build a motorcycle dealer network.

Briggs & Stratton acquires Brazilian manufacturer

Milwaukee-based Briggs & Stratton Corp. announced it has acquired Companhia Caetano Branco of Brazil for a total consideration of approximately $57 million in cash.

Financial education course marks milestone

Today, 96 Milwaukee residents will graduate from Make Your Money Talk, a four-week financial education course that teaches basic personal financial management techniques and introduces home ownership and entrepreneurship.

Yabuki to headline Economic Trends Breakfast

Jeff Yabuki, president and chief executive officer of Brookfield-based Fiserv Inc., will headline a stellar panel of business executives at the 2013 Northern Trust Economic Trends Breakfast.

Walker needs to fix feckless job growth

As Wisconsin Gov. Scott Walker sets himself up to win a second term in 2014 and to position himself as a presidential contender in 2016, he needs to make good on his number one objective from his 2010 campaign: job creation.

Generac withdraws secondary stock offering

Waukesha-based Generac Holdings Inc. announced that due to market conditions, the secondary offering of shares of the company's common stock by certain selling stockholders is being withdrawn from the marketplace.
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Lubar & Co. acquires Marinette manufacturer

Milwaukee-based Lubar & Co. announced it has acquired Marinette-based ChemDesign Inc.

Fiat to merge brands with Case-New Holland

Fiat Industrial S.p.A. and CNH Global N.V. announced they have entered into a definitive merger agreement to combine the businesses of Fiat Industrial and CNH, creating a new company that so far is being called NewCo.

U.S. Bank to acquire FSV Payment Systems

U.S. Bank, lead bank of U.S. Bancorp, announced it is acquiring Jacksonville, Fla.-based FSV Payment Systems, a prepaid card processing company known for its expertise managing a broad range of prepaid programs for companies, governments and other financial institutions.

GDP grew faster in 3rd quarter

The U.S. economy grew much faster in the third quarter than originally reported, as the Gross Domestic Product (GDP) was revised to 2.7 percent from the original estimate of 2.0 percent, according to the U.S. Commerce Department.

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