Economic Development
Spectrum Brands subsidiary completes acquisition
Madison-based Spectrum Brands Holdings Inc. announced its United Pet Group (UPG) subsidiary has completed the acquisition of FURminator, a leading worldwide provider of branded and patented deshedding products to the pet industry, from HKW Capital Partners III L.P. and the other shareholders.
Packers expand stock offering
Capitalizing on the strong public response to their latest stock offering, the Green Bay Packers are expanding the offering by an additional 30,000 shares.
State spending exceeds national average
State spending increases in Wisconsin exceeded national averages in both 2011 and 2012, while budget reserves remain among the smallest in the nation, according to a new report from the Wisconsin Taxpayers Alliance (WISTAX).
MGIC gets capital infusion
MGIC Investment Corp. has contributed $200 million to increase the statutory capital of Milwaukee-based Mortgage Guaranty Insurance Corp.
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Rockwell lands $1.9 million order from Warwick
Warwick Chemicals Ltd., a division of Warwick International Group Ltd., has awarded a $1.9 million order to Rockwell Automation Inc. and its Global Solutions team.
Actuant records robust quarter
Menomonee Falls-based Actuant Corp. reported fiscal first quarter net earnings of $37.2 million, or 50 cents per share, up from $25.9 million, or 35 cents per share, in the same period a year ago.
Fed approves PNC acquisition of RBC Bank
The Federal Reserve Bank has given PNC Financial Services Group a green light to acquire RBC Bank USA.
Federal Home Loan Bank names Ries vice chair of housing committee
The Federal Home Loan Bank of Chicago named Leo Ries of Milwaukee its vice chair of the Affordable Housing Committee.
