Ideas
Roadrunner Transportation acquires Missouri firm
Cudahy-based Roadrunner Transportation Systems Inc. announced that it has acquired all of the outstanding membership interests of Springfield, Mo.-based logistics firm Marisol International LLC for a total purchase price of $66 million, plus an earn-out capped at $2.5 million.
Generac to Acquire Tower Light business
Waukesha-based Generac Holdings Inc. announced it has signed a purchase agreement to acquire the equity of Tower Light Srl and its wholly-owned subsidiaries from European private equity fund Ambienta I and a group of minority-share investors.
ABC Supply acquires Tennessee firm
Beloit-based building products distributor ABC Supply Co. Inc. announced that it has acquired the assets of American Wholesale Building Supply Co., a distributor of siding and windows with a single location in Nashville, Tenn.
New hires and promotions
Robert F. Wolf has been named chief credit officer at Spring Bank. He joined the bank as vice president-administration...
Kaminski to head wealth division
Daniel L. Kaminski has been named executive vice president and head of Johnson Bank’s Wealth line of business.
Artisan Partners earnings up
In its second quarter as a publicly traded company, Artisan Partners Asset Management Inc. reported earnings of $5.7 million, or $0.38 per share, up from $3 million or $0.19 per share in the first quarter.
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Stocks may rally into late August
Bruce Bittles, Robert W. Baird & Co. Inc. chief investment strategist, wrote in his market notes yesterday that he expects the stock market to continue its rally into late August.
Molinaroli to succeed Roell as Johnson Controls CEO
Glendale-based Johnson Controls Inc., Wisconsin's largest publicly traded company, announced that its board of directors has elected Alex Molinaroli, vice chairman, to serve as the company's next president and chief executive officer, effective Oct. 1, 2013.
Sensient names new CEO
Sensient Technologies Corp. has named Paul Manning president and CEO, effective February 2. Manning is currently serving as president, COO and director of the Milwaukee-based global color, flavor and fragrance manufacturer.
Walker awards $1.8 million in YA grants
Gov. Scott Walker has awarded $1.8 million to the Wisconsin Youth Apprenticeship program for grants that are used to train high school juniors and seniors.