Economic Development

KP! Toffee sold to KP Group

Sturtevant-based KP! Toffee LLC has been sold to KP Group Inc.

Waterstone Financial reports strong 4Q

Wauwatosa-based Waterstone Financial Inc., parent company of WaterStone Bank, has reported fourth quarter results and a share repurchase program.

Milwaukee County introduces new economic development director

James Tarantino has been appointed economic development director of Milwaukee County, according to an announcement made by the county on Thursday.

U.S. economy added 295,000 jobs in February

The U.S. economy added 295,000 new jobs in February, according to the Bureau of Labor Statistics, blasting past economists' expectations of about 240,000 new jobs.

Kornit files for IPO

Israeli company Kornit Digital Ltd., which has its U.S. offices in Mequon, has filed with the U.S. Securities and Exchange Commission for an initial public offering of its ordinary shares.

Milwaukee Biz Blog: A primer on 529 college savings plan updates

In 2014, Wisconsin's Legislature modified Wisconsin's 529 college savings plans EdVest and TOMORROW'S SCHOLAR.
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Wisconsin banks had less profitable year

Wisconsin's banks reported combined net income of $937 million in 2014, down from $1 billion in 2013, according to the new Quarterly Banking Profile released by the Federal Deposit Insurance Corp.

Baird names Maxwell CFO

Milwaukee-based Robert W. Baird & Co. Inc. has named Terry Maxwell its new chief financial officer, effective March 10.

Walker names Allen DFI secretary

Gov. Scott Walker has appointed Ray Allen secretary of the Department of Financial Institutions, which regulates state-chartered banks, savings and loan associations, savings banks, credit unions and some operations of the securities industry.

SC Johnson acquires Czech cleaning brands from Unilever

Racine-based SC Johnson has acquired HomeBrands A.S. from Unilever CR, spol. s r.o., the Czech subsidiary of multinational consumer product manufacturer Unilever N.V.

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