Economic Development
Better Business Bureau warns of timeshare reseller scam
The Better Business Bureau is warning timeshare owners who are trying to sell or rent their timeshares to beware of a Las Vegas-based company, City Resorts, after two Wisconsin residents lost almost $3,500 in an alleged scam.
Great Lakes Friction owners acquire assets of Indiana firm
Chris and Joey Butzen, the owners of Milwaukee based Great Lakes Friction Products, have purchased the assets of Carlisle Industrial Brake & Friction Inc., which had closed its doors in Logansport, Ind., late in 2010.
SABMiller to finally acquire Foster’s
SABMiller Plc, the London-based parent company of MillerCoors, confirmed it will acquire Foster’s Group Ltd. with a sweetened offer of $9.9 billion for Australia’s biggest brewer.
Milwaukee Water Council lands $500,000 grant
The Milwaukee Water Council was awarded a $500,000 grant from the U.S. Department of Commerce through the Economic Development Administration’s Jobs and Innovation Accelerator Challenge.
North Carolina firm acquires Midwest Alchemist
Swisher Hygiene Inc. a Charlotte, N.C.-based provider of essential hygiene and sanitation products and services, announced it has acquired the assets and certain liabilities of LTD of Wisconsin Inc., which does business as Midwest Alchemist in Brown Deer.
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Ohio staffing company acquires Eagle Technology Group
The Reserves Network, a Fairview Park, Ohio-based staffing service for the office, industrial, professional and technical markets, has acquired Eagle Technology Group of Milwaukee.
National poverty rate rises again
The nation's official poverty rate in 2010 was 15.1 percent, up from 14.3 percent in 2009 and the highest since 1993, the U.S. Census Bureau reported.
