Economic Development

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.

Private equity firm acquires Airsan

Cross Creek Partners, LLC, a private equity firm with a focus on manufacturing and distribution companies in the upper Midwest, has acquired Airsan Corp., a Milwaukee-based manufacturer of permanent filters.

Tenth & Blake to buy stake in Georgia craft brewery

Tenth & Blake Beer Co., the craft brewery arm of MillerCoors LLC, plans to purchase a minority interest in Athens, Ga.-based Terrapin Beer Co.
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Financial resources

Financial resources

Gart is new CFO of Cannella

Burlington-based Cannella Response Television, the largest infomercial media company in the direct response television industry, announced that Michael Gart has joined the company as chief financial officer.

U.S. Bank promotes Ward as business banker

Mike Ward has been promoted to oversee U.S. Bank’s business banking group in southeastern Wisconsin.

Generac acquires Magnum Products

Waukesha-based Generac Power Systems announced it has acquired Magnum Products, a leading manufacturer of light towers and mobile generators.

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