Economic Development

Harley is riding high

Harley-Davidson Inc.’s remarkable recovery continued in the third quarter, as the Milwaukee-based company’s net income grew to $183.6 million, or 78 cents per share, from $88.8 million, or 38 cents per share, in the same period a year ago.

Northern Trust beats analysts’ expectations

Chicago-based Northern Trust Corp., which has an office in downtown Milwaukee, reported third quarter net income of $170 million, or 70 cents a share, up from $155.6 million, or 64 cents, in the same period a year ago.

Sensient acquires partner’s interest in Brazilian company

Milwaukee-based Sensient Technologies Corp., a manufacturer of colors, flavors and fragrances, announced it has reached agreement to acquire its joint venture partner’s interest in Sao Paulo, Brazil-based Les Colorants Wackherr do Brasil.

Briggs trims first quarter loss

Wauwatosa-based Briggs & Stratton Corp. reported a net loss of $5.2 million during its fiscal first quarter, a 35.7 percent improvement compared with its net loss of $8.1 million during last year’s fiscal first quarter.

Snap-On profits rise 45%

Snap-On Inc. is the latest Wisconsin manufacturer to post impressive third quarter results, as manufacturing remains one of the few strong spots in the economy.

Harley opens new Latin American headquarters in Miami

Milwaukee-based Harley-Davidson Inc. announced the opening of a new permanent Latin America headquarters in Miami, Fla.
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Bostik to consolidate U.S. headquarters in Tosa

Bostik Inc. will consolidate its U.S. headquarters, administrative and research and development functions in Wauwatosa, creating 76 jobs by 2014.

Consumer spending increased in September

Consumers stepped up their retail spending in September.

Jason Inc. acquires Illinois company

Jason Inc., a Milwaukee-based parent company to a global family of manufacturing leaders in the seating, finishing, components and automotive acoustics markets, announced its acquisition of Morton Manufacturing Company of Libertyville, Ill.

Fiserv expands check image capture service for credit unions

Fiserv, Inc., a Brookfield-based global provider of financial services technology solutions, announced that it has signed more than 30 new credit union clients for its Source Capture Solutions within the last 10 months to provide them anywhere, anytime check image capture.

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