Economic Development

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Chad Richter, an attorney at O’Neil, Cannon, Hollman, DeJong & Laing SC, has been elected president of the Wisconsin chapter of Midwest Business Brokers and Intermediaries.

The U.S. economy is expected to continue strengthening, possibly picking up this spring and summer, according the Conference Board, which said today that its Leading Economic Index (LEI) grew 0.4 percent to 94.9 in January, led by the interest-rate spread and manufacturing hours.

Officials from Roundy’s Inc., the Milwaukee-based company that operates the Pick ‘n Save grocery store chain, rang the opening bell on the New York Stock Exchange on Feb. 10.

Menomonee Falls-based Actuant Corp. announced it has acquired Jeyco Pty Ltd , an Australian designer and provider of specialized mooring, rigging and towing systems and services to the offshore oil and gas industry.

Wisconsin Gov. Scott Walker plans to use $25.6 million of the $140 million the state is receiving from a settlement with large banks to help offset a projected state budget deficit.

Milwaukee investment banking firm has assisted Sturtevant manufacturer American Metal Technologies LLC in securing financing from Racine County and People’s United Bank.

The Boys & Girls Clubs of Greater Milwaukee have received a $75,000 grant from the PNC Foundation to offer early financial education to their youngest members.

Financial resources

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