Economic Development
Koss v. Park Bank moves forward
A suit brought by Milwaukee headphone manufacturer Koss Corporation against Milwaukee-based Park Bank moved forward Monday following a hearing in the case.
Growth continues for region’s manufacturers
Manufacturing activity in southeastern Wisconsin and northern Illinois picked up slightly in April, according to the Marquette University Manufacturing ISM Report on Business.
Walker unveils plan to ‘Transform Milwaukee’
Wisconsin Gov. Scott Walker today announced Transform Milwaukee, which he described as an “historic and comprehensive” initiative aimed at growing the economy in the City of Milwaukee.
Gearing our tax climate for growth
When I talk with job providers about how Wisconsin ranks as a place to do business, they give our state good marks for having a hard-working, innovative workforce, a strong education system, good infrastructure and a high quality of life. They also say that a competitive tax structure is an important part of creating a good business climate.
Associated expands to Detroit
Associated Banc-Corp has expanded its Commercial Real Estate services into the Detroit area. Don Heath and Kathy Bozek will head the Southeast Michigan market.
Make a Difference to host investment conference
Make a Difference Wisconsin will host its fourth annual investment conference on Wednesday, May 9, from 1:30 to 5:30 p.m. at the Pfister Hotel in Milwaukee.
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Northwestern Mutual sells Seattle office tower
Northwestern Mutual Life Insurance Co. Inc. has sold the Russell Investments Center in Seattle to CommonWealth Partners for $480 million, in what is believed to be the largest single asset office sale in the Western United States since 2006.
Roadrunner acquires D&E Transport
Cudahy-based Roadrunner Transportation Systems Inc. has acquired all of the outstanding capital stock of D&E Transport, an asset-light flatbed carrier focused primarily on food and agricultural products located in Clearwater, Minn., for approximately $11.2 million plus an earnout.
MGIC narrows losses
MGIC Investment Corp. reported a net loss for the first quarter of $19.6 million, or 10 cents per share, compared with a net loss of $33.7 million, or 17 cents per share, for the same quarter a year ago.
Profits rise for Bank Mutual
Brown Deer-based Bank Mutual Corp., the largest Milwaukee County-based bank, reported first quarter net income of $1.2 million, or 3 cents per share, up from $1.0 million, or 2 cents per share, in the same period a year ago.
