Economic Development
Get the latest updates on economic development initiatives across southeastern Wisconsin.
BizTimes cover story: Craft beers flow in Brew City
Domestic beer consumption may be on the decline, but craft brewers are thriving in Milwaukee.
National home prices surge again
U.S. home prices rose for a second month in June, according to the S&P/Case-Shiller Index, which showed the strongest back-to-back monthly advance in the more than decade-long history of the price gauge.
BMO Financial Group reports robust quarter
BMO Financial Group, the Toronto-based parent company of BMO Harris Bank, reported third quarter net income of $970 million (Canadian), up 37 percent from the same period a year ago.
Joy Global forecasts ‘sluggish’ recovery
Joy Global Inc. reported third quarter net income of $193.6 million, or $1.81 per share, up from $173.1 million, or $1.62 per share, in the same period a year ago.
New hires and promotions
Mary Kay Merkt has been named senior vice president, director of vendor management and procurement at Johnson Financial Group...
Lied’s, David J. Frank join forces in tough industry
The construction and homebuilding industry has not recovered much since the Great Recession, with housing starts at around 15 to 20 percent of what they were in 2006.
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New hires and promotions
Scott Haen has been hired as assistant vice president-branch manager at Johnson Bank’s downtown and Whitefish Bay offices. He...
Koss hopeful new headphones will revive sales
Koss Corp. reported fiscal fourth quarter net income of $931,891, or 13 cents per share, down from $1.8 million, or 24 cents per share, a year ago.
Ohio firm acquires Federal Manufacturing Co.
Cincinnati-based Pro Mach Inc. announced it has acquired Federal Manufacturing Co. of Milwaukee.
Sales of risk products soar at Northwestern Mutual
Milwaukee-based Northwestern Mutual Insurance Co. Inc., a leading provider of financial security planning and solutions, announced that sales of its risk products are up substantially year-to-date.
