Economic Development

‘Teachable Fit’

Despite stubbornly high levels of unemployment, many southeastern Wisconsin companies are facing an uphill battle in finding enough qualified, skilled workers.

Johnson named president of Social Development Foundation

Jasmine Johnson has been elected president of the Social Development Foundation, a non-profit that provides funding for the Social Development Commission’s programs and services.

Quarterly earnings dip for ARI Network

ARI Network Services, a Milwaukee-based provider of software of solutions that connect consumers, dealers, distributors, and manufacturers in selected vertical markets, reported fiscal third quarter net income of $210,000, or 3 cents per share, down from $541,000, or 7 cents per share in the same quarter a year ago.

Baker Tilly subsidiary sells Nature’s Protein Inc.

The Milwaukee office of Baker Tilly Capital, LLC, a mergers and acquisitions advisory firm and subsidiary of Baker Tilly Virchow Krause LLP, has completed the sale of Milwaukee-based Nature's Protein Inc. to J. Strickland Company of Olive Branch, Miss.

ZBB launches another public offering

Menomonee Falls-based ZBB Energy Corp., a developer of intelligent, renewable energy power platforms, announced the pricing of an underwritten public offering of 31.6 million shares of its common stock at a price to the public of 38 cents per share.

Pewaukee plumbing company grows with acquisition

Pewaukee-based PJs Plumbing Company Inc. has acquired J.D. Wilson Plumbing LLC of Merton.
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Wisconsin bank receives national ranking

First Business Financial Services Inc. was recently ranked as the 15th top-performing mid-sized public bank in the country.

WMBA names new leaders

The Wisconsin Mortgage Bankers Association has named seven new leaders to its board of directors and leadership team for 2012-2013.

Bubbler Quote of the Week

"We want to take advantage of the national spotlight that has been on Wisconsin, and build upon our momentum...

State adds jobs, but unemployment rate rises

Wisconsin added 900 private sector jobs in May, but the state’s unemployment rate rose to 6.8 percent from 6.7 percent in April, according to the latest report of seasonally adjusted data released today by the Wisconsin Department of Workforce Development.

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