Economic Development

Milwaukee-based Rexnord Corp. has acquired Tollok S.p.A. Based in Ferrara, Italy, Tollok serves a global customer base and has annual revenues of about $21.25 million.

Milwaukee has garnered three MetLife Foundation Community-Police Partnership Awards, the most any city has received since the national awards program began in 2002.

Manufacturing activity in southeastern Wisconsin and northern Illinois continued to accelerate in October, according to a new report.

The Dow Jones Industrial Average climbed by 200 points to an all-time high of 17,195 this morning, as U.S. consumer confidence continues to surge and the national unemployment rate continues to fall.

Corey Zetts has transitioned from acting executive director of Menomonee Valley Partners Inc. to executive director of the organization, according to an appointment announced on Wednesday.

The U.S. economy grew at a solid annual rate of 3.5 percent in the third quarter, propelled by significant gains in business investments, exports and military spending.

BizTimes Media LLC today announced the speaker lineup for the annual Northern Trust Economic Trends Breakfast, to be held on Thursday, Jan. 29, at the Italian Community Center in downtown Milwaukee.

Three regional banks with a strong Milwaukee market presence have reported flat or slightly lower net income in their third quarter earnings reports.

Waukesha-based Generac Power Systems has acquired some assets of Kearney, Neb.-based Pramac America LLC, from Siena, Italy-based Pramac Industries Inc.

Dubuque, Iowa-based Heartland Financial USA Inc. has agreed to acquire Community Banc-Corp of Sheboygan Inc., the parent company of Sheboygan-based Community Bank & Trust, for about $52 million or 155 percent of the tangible equity of Community Banc-Corp at closing.