Economic Development
Get the latest updates on economic development initiatives across southeastern Wisconsin.
U.S. Bank to sponsor fireworks
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.
WEDC to meet with credit unions
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 bank CEOs expect growth
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.
Wisconsin gained nearly 20,000 jobs in 2011
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 has moved
Eagle Capital Growth Fund Inc. and its investment advisor, Sims Capital Management, have moved.
Baird expands in Texas
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.
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Fisher-Barton Group acquires Irish company
The Fisher-Barton Group of Waukesha has acquired Lund Precision Products Ltd., Ireland, from Lund Precision Group.
ZBB Energy Corp. completes stock offering
Menomonee Falls-based ZBB Energy Corp., a leading developer of intelligent, renewable energy power platforms, said it has completed its previously announced underwritten public offering of 31.6 million shares of its common stock at a price to the public of 38 cents per share.
CEO says Actuant’s acquisition pipeline is ‘robust’
Menomonee Falls-based Actuant Corp. reported fiscal third quarter net earnings of $34.4 million, or 45 cents per share, down from $36.4 million, or 49 cents per share, in the same period a year ago.
Quarles & Brady to pay $26.5 million for Ponzi scheme settlement
Milwaukee-based law firm Quarles & Brady will pay $26.5 million and Greenberg Traurig will pay $61 million to settle a lawsuit against the two firms that accused them of assisting in an Arizona Ponzi scheme that cost investors $900 million, according to a Reuters report.