Ideas

First Bank Financial Centre collecting supplies for tornado victims

Oconomowoc-based First Bank Financial Centre, in partnership with Ixonia-based COWS Mobile Storage, is building on a collection of supplies totaling nearly 1,500 pounds to benefit victims of deadly tornadoes that touched down in Oklahoma in May.
 

WaterStone expands board

Wauwatosa-based WaterStone Bank SSB is adding two new members to its board of directors, expanding the group. Ellen Bartel and Kristine Rappe were appointed to the board on June 21.

It’s a seller’s market

The conditions in the local mergers and acquisitions market are ripe for business owners to sell, according to industry experts.

We need less talk and more action

The Greater Milwaukee Foundation has weighed in with yet another slice-and-dice of the woes of the metro area. It was meant to be a “conversation starter.”

Write-down takes toll on Actuant

Menomonee Falls-based Actuant Corp. reported a fiscal third quarter loss of $93.0 million, or $1.24 per share, compared with net income of $34.4 million, or 45 cents per share in the same period a year ago.

Investor urges breakup of Smithfield Foods

A major investor in Smithfield Foods Inc., the parent company Patrick Cudahy LLC, is trying to pressure the company to explore a breakup of its subsidiaries, rather than pursue a planned takeover by a Chinese meat producer.
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Rexnord leases space in Global Water Center

West Milwaukee-based Rexnord Corp. is the latest company to commit to leasing space at the Global Water Center in Milwaukee.

MillerCoors buys property near downtown to expand Tenth and Blake brewery

MillerCoors LLC recently purchased the 110,000-square-foot industrial facility at 918 W. Somers St., near downtown Milwaukee, for $650,000 from Securant Bank & Trust.

Write-down takes toll on Actuant

Menomonee Falls-based Actuant Corp. reported a fiscal third quarter loss of $93.0 million, or $1.24 per share, compared with net income of $34.4 million, or 45 cents per share in the same period a year ago.

New partnership to boost Port of Milwaukee

A new partnership between the Wisconsin Economic Development Corp. and the Port of Milwaukee will make it easier for state businesses to take full advantage of the regional Foreign-Trade Zone.

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