Economic Development

ARI completes acquisition of 50 Below

Milwaukee-based ARI Network Services Inc. announced it has completed the acquisition of the retail division assets of 50 Below Sales & Marketing Inc. of Duluth, Minn.

MetalTek acquires Florida fabricator

Waukesha-based MetalTek International has acquired Lakeland, Fla.-based industrial metal fabrication and machining company Specialty Maintenance and Construction Inc.

California firm acquires assets of Sensia Healthcare

U.S. HealthWorks, one of the largest operators of occupational health care centers in the United States, announced it has acquired four health care centers and two worksites from Sensia Healthcare in Wisconsin.

Generac to acquire Latin American generator manufacturer

Waukesha-based Generac Holdings Inc. announced it plans to acquire Latin American generator manufacturer Ottomotores UK Ltd. for $46.5 million.

Lucas-Milhaupt acquires Inmet

Cudahy-based Lucas-Milhaupt Inc., a subsidiary of Handy & Harman Ltd., announced it has acquired Inmet Metal Processing Plant Ltd. of Gliwice, Poland.

BMO economic outlook is bullish

The U.S. economy is showing positive signs of continued recovery with a variety of sectors witnessing significant growth, according to BMO Private Bank's December Outlook for Financial Markets Report.
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Mason Wells acquires Whitehall Specialties

Milwaukee-based private equity firm Mason Wells has acquired Whitehall Specialties Inc., a Whitehall-based cheese products manufacturer.

Brady sells Varitronics division

Milwaukee-based manufacturer Brady Corp. has sold its Varitronics LLC division to Minnesota private equity firm Renaissance Equity Partners. Milwaukee investment banking firm Emory & Co. advised Brady in the transaction.

BMO economic outlook is bullish

The U.S. economy is showing positive signs of continued recovery with a variety of sectors witnessing significant growth, according to BMO Private Bank’s December Outlook for Financial Markets Report.

Wisconsin economy continues sluggish growth

The Wisconsin economy is expanding at a somewhat sluggish pace and has struggled to gather any sustained momentum given declining factory activity, according to the State Monitor report released by BMO Capital Markets Economics.

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