Economic Development

New hires and promotions

Henry (Rusty) Barham III has been named corporate Bank Secrecy Act officer at Associated Banc-Corp in Milwaukee. He is...

Hit movies propel Marcus Corp.

The Marcus Corp. reported fiscal third quarter net earnings of $734,000, or 3 cents per share, up from a net loss of $2.0 million, or 7 cents per share, in the same period a year ago.

Kohler acquires Brazilian generator manufacturer

Kohler Power Systems has acquired Sao Paolo, Brazil-based generator manufacturer Maquigeral.
The acquisition is Kohler's first expansion into South America.

Wisconsin angel investing rises, but venture capital falls

Wisconsin firms raised more than $152 million in early stage funding in 2011, reflecting a record year for angel investments, but a decline in venture capital financing from 2010 totals, according to a report by the Wisconsin Angel Network (WAN).

Baird assigns “Outperform” rating for Roundy’s

Robert W. Baird & Co. Inc. initiated coverage of the common stock of Roundy's Inc. with a rating of “Outperform” and set a $12 price target for the stock.

First Bank Financial Centre to acquire Equitable Bank branches

Oconomowoc-based First Bank Financial Centre (FBFC) has entered into a definitive agreement to acquire the retail banking branches of Equitable Bank SSB located in Mequon and Brookfield and the deposits associated with those branches, totaling approximately $53.7 million.
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Wisconsin banks performed above average in 4Q

The state's FDIC-insured banks outperformed national averages in the fourth quarter of 2011, according to recent data from the FDIC.

The needle really is moving in the right direction

In a Milwaukee Biz Blog last week, we told you that the U.S. economic recovery is picking up steam.

Wisconsin gets a large dose of positive employment news

Die by the monthly job numbers, live by the monthly job numbers. Last week new monthly job numbers were out for January and the results looked better than they have for months for Wisconsin workers. According to the latest numbers, Wisconsin employed in the private sector an estimated 15,700 people more than it had the previous month. Unemployment has dropped to 6.9 percent, the lowest since December 2008.

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