Ideas

Precision Castparts Corp., a Portland, Ore.-based Fortune 500 company, has acquired Mayville Die and Tool Inc., a machining company in Mayville.

Mitchell Bank, an independent community bank established in Milwaukee in 1907, has named banking veteran Thomas Hart as president and a member of its board of directors.

Wauwatosa-based Irgens Development Partners LLC is in discussions with U.S. Bank about developing an office building at the site of the annex parking garage, located southeast of the U.S. Bank Center at 777 E. Wisconsin Ave. in downtown Milwaukee, according to sources.

Menomonee Falls-based Actuant Corp. announced that it has acquired Turotest, a leader in the design and manufacture of instrument panels, gauges and senders serving the Brazilian agriculture and industrial markets.

Global Payments Inc., which processes Visa and Master Card credit cards and debit cards for banks and merchants, has been violated by a massive security breach.

Roundy’s Inc. announced its stock has been added to the Russell 2000 Index, a subset of the Russell Global Index.

St. Louis-based Emerson Electric Co. announced it has acquired the Marine Container and Boiler business of Glendale-based Johnson Controls Inc.

Yankton, S.D.-based Aviation Manufacturing Group LLC, dba The Freeman Company, has been acquired by JLL Partners, a New York private equity firm.

Butler-based MRPC, a medical device components and assemblies manufacturer, has acquired Largo, Fla.-based ETI Incorporated.

Ripon Printers in Ripon has acquired certain business interests of Sells Printing Company in New Berlin.