Economic Development

Cory Nettles, managing director of Generation Growth Capital and former secretary of the Wisconsin Department of Commerce, has joined the Greater Milwaukee Foundation Board.
“We are excited to have Cory joining our Board,” said Ellen Gilligan, president and chief executive officer of the Greater Milwaukee Foundation. “He brings private, and nonprofit sectors.”

U.S. Bank announced it is providing more than $2.8 million in new markets tax credit equity for the construction of a 52,000-square-foot office and fabrication facility for J.F. Ahern Co. in the Menomonee Valley in Milwaukee.

Dorner Mfg. Corp. has been recapitalized by Incline Equity Partners. Cleary Gull Inc. of Milwaukee acted as exclusive financial advisor to Dorner in the transaction.

U.S. Bank will host the holiday fireworks display on the Milwaukee lakefront tonight at 9:30 p.m. The fireworks will be launched from three barges on the lake, near Veterans Park.

The Wisconsin Economic Development Corporation has invited credit unions to participate in a July 26 dialogue that will explore ways to make the state’s financial industry more competitive and robust.

Half of the bank CEOs who responded to a recent survey by the Wisconsin Bankers Association expect Wisconsin’s economy to grow over the next six months.

The state of Wisconsin gained nearly 20,000 jobs in 2011, according to data released today by the U.S. Bureau of Labor Statistics, the Associated Press reported. The jobs numbers are in line with the state’s recent estimates.

Eagle Capital Growth Fund Inc. and its investment advisor, Sims Capital Management, have moved.

Milwaukee-based Robert W. Baird & Co. Inc. announced that its Public Finance business has added five bankers and opened three new offices in Texas, expanding the firm's presence in the state.

The Fisher-Barton Group of Waukesha has acquired Lund Precision Products Ltd., Ireland, from Lund Precision Group.