Viewpoints

Acuity reaches $1 billion milestone

Sheboygan-based Acuity Insurance announced that it has reached the $1 billion revenue mark, generated on premiums written across its 20-state operating territory.

Rexnord board may ponder sale of company

Milwaukee-based Rexnord Corp. announced that its board of directors has initiated a review of its strategic alternatives that could include the sale of the company.

Foundations Bank raises $5 million

Generations Bancorp, Inc., parent of Pewaukee-based Foundations Bank, has raised $5 million in new capital from a shareholder subscription.

CNN’s alarming naiveté about the nation’s rail system

When you get annoyed with people you tell them to take a hike, or get outta town. In my case, I'd like to tell CNN to take a ride, in particular, a train ride; even more specific, a loooong train ride across America through big cities and small towns. I'd be happy to escort them.

‘We can and need to do better’

Editor’s note: Milwaukee County Executive Chris Abele delivered his State-of-the-County speech in Oak Creek this morning. The following is the text of his prepared remarks.

Mellowes to turn Charter Manufacturing helm over to sons

John A. Mellowes announced he will step down from his day-to-day duties as the chairman and chief executive officer of Mequon-based Charter Manufacturing in July, when he will turn the reins of the company to his sons, John W. Mellowes and Charles A. Mellowes.
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Snap-on caps strong year

Kenosha-based Snap-on Inc. reported fourth quarter net earnings of $84.6 million, or $1.43 per diluted share, up 13.9 percent from $74.3 million in the fourth quarter of 2011.

Racine Federated acquisition pumps up earnings for Badger Meter

Bolstered by last year's acquisition of Racine Federated Inc., Milwaukee-based Badger Meter Inc. reported a 362-percent increase in net earnings and a 22.4 percent increase in net sales for the fourth quarter of 2012.

Sensient will move division to Chicago

Milwaukee-based Sensient Technologies Corp. unveiled a strategic and restructuring plan that will include relocating its Flavors & Fragrances Group headquarters, technical groups and North American management from Indianapolis to Chicago.

Regal Beloit completes acquisition

Regal Beloit Corp. announced it has completed the acquisition of the RAM motor business previously owned by Schneider Electric.

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