Economic Development
PNC purchases $76 million in housing tax credits
In the largest tax credit purchase in Wisconsin history, Pittsburgh-based PNC Bank bought $7.6 million in Affordable Housing Tax Credits from the Housing Authority of the City of Milwaukee, which will translate to $76 million in tax savings over 10 years.
BMO to close on M&I acquisition today
BMO Financial Group is expected close today on its acquisition of Marshall & Ilsley Corp., the parent company of M&I Bank.
Financial resources
Banking Wisconsin Department of Financial Institutions Federal Deposit Insurance Corp....
Federal Reserve Board approves BMO acquisition of M&I
The Federal Reserve Board approved Toronto-based BMO Financial Group's plans to acquire Milwaukee-based Marshall & Ilsley Corp. "Based on...
Joy Global completes $1.1 billion acquisition of LeTourneau
Milwaukee-based mining equipment manufacturer Joy Global Inc. announced that it has completed its acquisition of Houston-based LeTourneau Technologies Inc....
Dedicated Computing acquires Tushaus
Waukesha-based Dedicated Computing Inc. has acquired Wauwatosa-based Tushaus Computer Services LLC for an undisclosed amount. Dedicated Computing is a...
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Magnetek regains compliance with NYSE listing standards
Menomonee Falls-based Magnetek Inc. announced it received notification from the New York Stock Exchange that the company has regained...
Chase Tower is for sale
The 22-story Chase Tower, the third largest office building in downtown Milwaukee, is for sale, according to Milwaukee commercial...
Credit unions sought Walker veto on chartering policy
The Wisconsin Credit Union League expressed disappointment that Gov. Scott Walker failed to use his line-item veto to eliminate...
Lubar invests in food processing company
Lubar & Co. announced it has invested in Milwaukee-based American Pasteurization Company (APC), a leading food processor that utilizes...
