Banking & Finance

Sheboygan-based property and casualty insurer Acuity now has more than 1,000 employees for the first time in the company's 90 year history.

NM Neptune LLC, an indirect wholly owned subsidiary of Milwaukee-based Northwestern Mutual Life Insurance Co. Inc., has acquired Starwood Energy's 25-percent Class C stake in the Neptune Regional Transmission System.

New Berlin-based Emteq Inc. is being acquired by B/E Aerospace Inc., a Wellington, Fla.-based manufacturer of aircraft cabin products and aerospace fasteners.

The assets of AFW Foundry Inc. have been sold to The Mumford Companies, a Chicago-based diversified business and real estate holding company.

Harp & Eagle Ltd., which owns several small hotels and restaurants in Wisconsin including Country Clare Irish Inn & Pub in Milwaukee, recently purchased the 20-room Clarke Hotel in downtown Waukesha for $1 million, according to state records.

Sussex-based The Industrial Controls Co. has acquired the assets of Downers Grove, Ill.-based Control Masters Inc.

Menomonee Falls-based Actuant Corp. has sold its recreational vehicle business to a subsidiary of Elkhart, Ind.-based RV supplier Drew Industries for $35.5 million.

Milwaukee-based ARI Network Services Inc. reported fiscal third quarter net income of $160,000, or 1 cent per share, up from a loss of $571,000, or 5 cents lost per share, in the third quarter of 2013.

Sussex-based The Industrial Controls Co. has acquired the assets of Downers Grove, Ill.-based Control Masters Inc.

Glendale-based global multi-industrial firm Johnson Controls Inc. has priced a public offering of $1.7 billion in fixed rate senior notes.