Economic Development

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Gov. Scott Walker announced Tuesday that he will lead a business development mission to Canada in June.

The economic trend in southeastern Wisconsin was mixed in April, according to the latest monthly report issued by the Metropolitan Milwaukee Association of Commerce (MMAC).

Wisconsin's financial institutions reported net income of $259 million in the first quarter, up from $226 million in the first quarter of 2014, according to the Quarterly Banking Profile released last week by the Federal Deposit Insurance Corp.

Mequon-based garden maintenance services provider First Choice Tree Care has acquired Milwaukee-based Trees Are For Us. The purchase price was not disclosed.

Racine-based Modine Manufacturing Co. reported its fourth quarter and fiscal 2015 results.

Louisville-based Humana Inc., which provides health insurance for thousands of Wisconsin residents, may be for sale, according to a report by The Wall Street Journal.

Waukesha-based Schaefer Brush Manufacturing LLC has been acquired by Brookfield-based investment group Blackthorne Partners Ltd.

Milwaukee-based global workforce solutions company ManpowerGroup has acquired the Australian and Singapore arm of Greythorn, a finance and technology-focused professional services and recruitment firm.

Milwaukee-based Jason Industries Inc. announced it has acquired abrasives manufacturer DRONCO GmbH for $34.9 million in cash and $10.9 million in assumed liabilities.