Ideas
California private equity firm acquires Allen Edmonds
Allen Edmonds Corp. has agreed to be acquired by an affiliate of Brentwood Associates, a Los Angeles-based private equity firm founded in 1972 with a track record of successful investments in growth-oriented consumer companies.
Adelman acquires Calif. travel agency
Milwaukee-based Adelman Travel Group has acquired Fresno, Calif.-based Chamber Discoveries, a travel agency that targets chambers of commerce in the U.S.
Milwaukee manufacturers report robust growth
Milwaukee-area manufacturing activity continued to grow in October, according to the latest report from the Institute for Supply Management-Milwaukee.
GPS names leader
GPS Education Partners has named Jan Druetzler-Katz as program administrator for the manufacturing education program’s central region.
Salespeople have questions. Jeffrey has answers.
I get a ton of emails from people seeking insight or asking me to solve their sales dilemmas. Here are a few that may relate to your job, your life, and (most important) your sales thought process right now.
Johnson Controls embarks on ‘next era’
Glendale-based Johnson Controls Inc. announced record fiscal fourth quarter net income and plans to explore strategic options for its Automotive Interiors business.
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Modine reports strong quarter
Racine-based Modine Manufacturing Co. reported third quarter net earnings of $4.6 million, or 10 cents per share, compared with a net loss of $12.8 million, or 26 cents per share, in the same period a year ago.
Actuant finds buyer for Electrical Segment
Menomonee Falls-based Actuant Corp. announced it has reached a definitive agreement to sell its Electrical Segment to Sentinel Capital Partners for $258 million in cash, subject to working capital and other closing adjustments.
Caterpillar to shift work from Texas to South Milwaukee
Caterpillar Inc. has announced it will close its Kilgore, Texas, plant and move some of the work to South Milwaukee by the end of the year.
Weyco Group won’t seek to acquire Allen Edmonds
Speculators wondering about which companies are bidding to acquire Allen Edmonds Shoe Corp. can cross Milwaukee-based Weyco Group Inc. off of the list of potential suitors.