Economic Development

Brady earnings down on sales mix, plant consolidation

Milwaukee-based Brady Corp. reported fiscal 2015 first quarter net earnings of $13.6 million, or 25 cents per share, down from $24 million, or 44 cents per share, in the first quarter of 2014.

Annex Wealth Management to open Delafield office

Elm Grove-based Annex Wealth Management LLC plans to open an office in the Lake Country area in western Waukesha County. The firm is in negotiations to lease 3,200 square feet of office space in the Purity Building at 2301 Sun Valley Drive in Delafield.

Gener8tor raises $2 million

Startup accelerator gener8tor, which has locations in Milwaukee and Madison, has raised a $2.2 million fund, according to an SEC filing.

Management team acquires Arandell Corp.

Arandell Corp., a Menomonee Falls-based provider catalog printing and omni-channel solutions, announced that board chairman Don Treis and his family have sold the company to president Brad Hoffman and other members of firm's management team.

Fiserv announces Popmoney charity campaign

Brookfield-based Fiserv Inc. has launched a Season of Giving campaign to donate to charity each time someone makes a person-to-person payment.

Low interest financing available for clean energy projects

Companies interested in investing in energy efficiency and waste reduction projects can apply for low interest financing by Monday, Dec. 8. The funding is available from the new Wisconsin’s Clean Energy Manufacturing Revolving Loan Fund (CERLF), a program jointly managed by the Wisconsin Economic Development Corporation and the Wisconsin Department of Administration.
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McCarthy Grittinger Financial Group names new partners

Milwaukee-based investment advisory and financial planning firm McCarthy Grittinger Financial Group LLC has named two new partners: Matthew Miler CPA, CFP and Jacqueline Schneider, CFP.

Prairie Financial Group expands team

Waukesha-based Prairie Financial Group, a division of Waukesha State Bank, has added three new senior wealth managers.

Baird creates college curriculum to address talent gap

Milwaukee-based wealth management firm Robert W. Baird & Co. Inc. has partnered with the University of Wisconsin-Madison’s Wisconsin School of Business to fill an expected talent gap in its industry.

State report estimates impact of ‘jock tax’ for new arena

If the state designated income tax paid by National Basketball Association players and team employees to cover the public's costs for building a new arena in Milwaukee, the funds could support approximately $150 million in state general obligation bonding, according to a new Legislative Fiscal Bureau report.

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