Economic Development
Former Packer Buchanon partners with life insurance firm
Former Green Bay Packers player Willie Buchanon has partnered with Menomonee Falls-based Legacy Life Now to promote its secondary-market life insurance program.
Milwaukee job growth outpacing state
The metropolitan Milwaukee area averaged 855,000 nonfarm jobs in October, up 2.3 percent over October 2013, which outpaces both state (1.2 percent) and national (2 percent) job gains over the same time period, according to a new report from the Metropolitan Milwaukee Association of Commerce.
On the Money: Time to ramp up your retirement savings?
The IRS recently announced increases to the contribution limits on retirement plans for tax year 2015. The higher limits provide an opportunity for savers to accelerate pre-tax contributions to their retirement plans. An employee aged 50 or older will be able to make pre-tax contributions of as much as $24,000 ($18,000 plus a $6,000 catch-up contribution) into some of the more common types of qualified retirement plans starting next year.
Douglas Dynamics acquires Iowa manufacturer
Milwaukee-based Douglas Dynamics Inc. announced it has agreed to acquire Manchester, Iowa-based Henderson for about $95 million.
YMCA files reorganization plan
The YMCA of Metropolitan Milwaukee on Sunday filed its debtors' joint plan of reorganization in U.S. Bankruptcy Court for the Eastern District of Wisconsin.
Microbrush International acquires Dry Tips line
Grafton-based Microbrush International has acquired the Dry Tips product line from Swedish surgical and wound product manufacturer Molnlycke Health Care.
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Bertha honored by Big Brothers Big Sisters
William Bertha, president of U.S. Bank in Milwaukee, has received the 2014 Martin F. Stein Champion for Children Award from Big Brothers Big Sisters of Metro Milwaukee.
Johnson Controls expects record 2015 profits
Glendale-based global manufacturer Johnson Controls Inc. today held a fiscal 2015 forecast and mid-term financial outlook in which it predicted record profits in fiscal 2015.
BMO Financial Group reports strong 2014 results
BMO Financial Group, the Canadian parent company of BMO Harris Bank, today reported fiscal 2014 net income of $3.8 billion, or $5.62 per share, up from $3.7 billion, or $5.41 per share, in 2013.
Wisconsin banks report lower earnings
Wisconsin banks reported combined net income of $726 million through the end of the third quarter, down from $736 million year-to-date in the third quarter of 2013, according to the Quarterly Banking Profile released today by the Federal Deposit Insurance Corp.
