Economic Development
Storms fuel more sales for Generac
Generac Holdings Inc. reported that widespread power outages caused by severe weather throughout the Midwest and the East Coast are creating increased sales for its backup power generators.
Local employers forecast strong 4th quarter
Although the stock market has rocked investors’ confidence in the past week, employers in Wisconsin and Illinois are remarkably confident about their own prospects for the fourth quarter, according to the latest QPS Employment Forecasting Survey.
Tax incentives could benefit employers
Some of the tax related provisions of President Barack Obama’s proposed American Jobs Act of 2011 could encourage employers to stimulate the economy.
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.
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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.
Northern Trust plans job cuts
Chicago-based Northern Trust Corp. will unveil early next year the details of cost-cutting plan that is likely to includes significant layoffs, according to a report by Crain’s Chicago Business.
Strong summer theater slate propels Marcus Corp.
Buoyed by a record performance from its Marcus Theatres division, Milwaukee-based Marcus Corp. reported fiscal first quarter net earnings of $12.5 million, or 42 cents per share, up 24.5 percent from net earnings of $10.0 million, or 34 cents per share, in the same period a year ago.
New York firm acquires IGC Technologies
New York-based Prince Minerals Inc. has acquired IGC Technologies LLC of Milwaukee for an undisclosed amount.
