Economic Development
Get the latest updates on economic development initiatives across southeastern Wisconsin.
Cleary Gull sells wine website
Milwaukee-based investment advisory firm Cleary Gull Inc. has sold WineInsiders.com to Drinks Holdings LLC.
Reliable Door sold to private investors
Jackson-based Reliable Door Systems Inc. has been acquired by Reliable Door and Dock Inc., a newly formed company owned by a private investment group led by Daniel Eder.
UW Credit Union to open second Wauwatosa branch
Madison-based UW Credit Union plans to build a second branch in Wauwatosa, at 6510 W. State St.
Artisan Partners reports ‘muted’ third quarter
Milwaukee-based Artisan Partners Asset Management reported third quarter net income of $63.1 million, or 57 cents per share, up from $56.1 million, or 35 cents per share, in the third quarter of 2013.
Fiserv reports record quarter
Brookfield-based Fiserv Inc. reported third quarter net income of $239 million, or 95 cents per share, up from $159 million, or 61 cents per share, in the third quarter of 2013.
Rexnord acquires Italian power product supplier
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.
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Wipfli acquires Assurity River Group
Wauwatosa-based accounting and consulting firm Wipfli LLP has acquired Minneapolis-based security and business continuity planning provider Assurity River Group.
North Shore Bank among Best Banks to Work For
Brookfield-based North Shore Bank has been named among American Banker’s 2014 Best Banks to Work For.
PNC, U.S. Bank implement Apple Pay
Two banks with a strong Milwaukee market presence have activated Apple Pay services for customers.