Economic Development

Actuant earnings fall on strong dollar, weak end markets

Menomonee Falls-based Actuant Corp. reported a second quarter net loss of $64.8 million, or $1.05 lost per share, in the second quarter, compared with net income of $41.4 million, or 56 cents per share, in the second quarter of 2014.

Marcus Corp. revenue up 9%

Milwaukee-based The Marcus Corp. reported third quarter net income of $2.8 million, or 11 cents per share, compared with net income of $273,000, or 15 cents per share, in the third quarter of 2014.

Federal Heath Sign Company acquires DuraColor

Oceanside, Calif.-based Federal Heath Sign Company LLC recently acquired Racine-based DuraColor LLC.

CDM Tool sold to Jacsten Holdings

Hartford's CDM Tool & Mfg. Co. Inc. has been acquired by Milwaukee private investment firm Jacsten Holdings LLC. The family company was sold by Pam Priestaf, whose father founded CDM.

IEWC acquires UK company

New Berlin-based IEWC has acquired UK-based Argosy Components Ltd.

M&A Forum will assess dynamics of seller’s market

“It's A Seller's Market: How Long Will It Last?” will be the theme of the 2015 BizTimes M&A Forum.
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Catholic Financial Life reports record 2014 results

Milwaukee-based life insurance organization Catholic Financial Life has reported record 2014 results.

Baird Capital sells Digi-Star

Milwaukee-based Baird Capital's U.S. Private Equity group has sold portfolio company Digi-Star to Topcon Positioning Group.

Bradford to lead Grant Thornton in Wisconsin

Jeff Bradford has been named office managing partner for Grant Thornton LLP's Wisconsin practice, effective August 1.

BMO Harris Bank launches card-free ATM technology

BMO Harris Bank has announced a new technology is now available at 275 of its Wisconsin ATMs. The Mobile Cash technology allows customers to make ATM withdrawals without removing their wallets from their pockets, saving time and increasing the security of the transaction.

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