Economic Development
Orion board authorizes stock repurchase plan
Manitowoc-based Orion Energy Systems Inc. announced its board of directors has approved a share repurchase program, authorizing the company to repurchase in the aggregate up to $1 million of its outstanding common stock.
7Summits attracts $1 million in funding for new growth
Milwaukee-based 7Summits has received $1 million in new funding to fuel the agency’s next phase of growth, as its business model and comprehensive social business solutions continue to attract clients nationwide.
Associated Bank No. 1 in Wisconsin SBA loans
Green Bay-based Associated Bank authorized the most Small Business Administration loans in the state in the fiscal year ending Sept. 30, according to a recent SBA report.
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Bank Transfer Day to be held Nov. 5
A national social media campaign with more than 32,000 “likes” and almost 70,000 attendees on Facebook aims to get consumers to switch from commercial banks to credit unions.
Zywave to purchase Canadian firm
Wauwatosa-based Zywave Inc. plans to purchase Winnipeg, Manitoba-based Emerging Information Systems Inc., a provider of needs analysis and financial planning software tools.
Joy Global completes sale of drilling products business for $375 million
Milwaukee-based Joy Global Inc. announced that it has the sale of the drilling products business of its Houston-based LeTourneau Technologies Inc. business to Houston-based Cameron International Corp. for $375 million.
Jarecki joins The PrivateBank
PrivateBancorp Inc. announced that Jeff Jarecki has joined The PrivateBank as managing director of regional commercial banking in the Milwaukee office.
