Economic Development

Richter elected president of MBBI

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.

Generac caps record year

Waukesha-based Generac Holdings Inc. capped a record fiscal year with strong net income in the fourth quarter.

MillerCoors reports strong quarter

SABMiller plc and Molson Coors Brewing Company reported that MillerCoors’ fourth quarter underlying net income increased 32.5 percent to $194.0 million.

Impairment charge yields losses at Brady Corp.

Brady Corp., a Milwaukee-based provider of identification solutions, reported a fiscal second quarter net loss of $90.0 million, or $1.72 per share, compared to a net profit of $24.2 million, or 46 cents per share, in the same period a year ago.

Orion Energy Systems misses SEC filing deadline

Manitowoc-based Orion Energy Systems Inc. announced it has received a notice from NYSE Amex LLC indicating that the company was not in compliance with the stock exchange's continued listing criteria because it did not timely file its third quarter report.

Mergers & acquisitions

Mergers & acquisitions
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Hunger Task Force receives big donation from BMO Harris

M&I, now a part of BMO Financial Group, recently awarded Hunger Task Force with a check for $76, 650.

Baker Tilly to move Milwaukee office to U.S. Bank Center

Baker Tilly Virchow Krause LLP announced it will move its Milwaukee office from the Honey Creek Corporate Center on the city’s west side to the U.S. Bank Center in downtown Milwaukee.

Associated Banc-Corp bolsters Milwaukee leadership team

Associated Banc-Corp announced the promotion or hiring of three executives in the Milwaukee area market.

European Touch acquired by Chicago company

Milwaukee pedicure spa manufacturer European Touch Holding Inc. has been acquired by E Touch Holding Company.

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