Banking & Finance
Strattec reports strong quarter
Glendale-based Strattec Security Corp. reported fiscal second quarter net income of $3.8 million, or $1.09 per share, up from $2.4 million, or 70 cents per share, in the same period a year ago.
Chase Foundation grant aims to create jobs
The JPMorgan Chase Foundation has awarded a $7 million grant to four Community Development Financial Institutions to help them create jobs in low and moderate income communities, including Milwaukee.
Nye named vice president at Generation Growth
Milwaukee private equity firm Generation Growth Capital Inc. has promoted Thomas P. Nye to vice president.
Oak Hill adds a partner
Brookfield-based Oak Hill Business Partners has added Mike Thompson as a partner.
Larson leaving Waterstone Financial
Waterstone Financial Inc., the holding company for Wauwatosa-based WaterStone Banks SSB, announced Richard C. Larson, its chief financial officer, will resign on Feb. 7.
Caterpillar revenue down 10 percent
Caterpillar Inc. today reported fourth quarter earnings of $1 billion, or $1.54 per share, up from $697 million, or $1.04 per share, in the fourth quarter of 2012.
- Advertisement -
Pallet USA acquires Goeman’s Wood Products
Lannon-based Pallet USA, a portfolio company of Brookfield-based private equity firm Blackthorne Partners, has acquired a majority of the assets of Hartford-based Goeman's Wood Products Inc.
Johnson Controls on track for 2014 goals
Glendale-based Johnson Controls Inc. announced fiscal first quarter net income of $469 million, or 69 cents per share, up from $359 million, or 52 cents per share, in the first quarter of 2013.
Weaker generator sales impact Briggs
Wauwatosa-based Briggs & Stratton Corp. reported fiscal second quarter net income of $702,000, or 1 cent per share, up from a net loss of $635,000, or 2 cents per share, in the second quarter a year ago.
Strattec reports strong quarter
Glendale-based Strattec Security Corp. reported fiscal second quarter net income of $3.8 million, or $1.09 per share, up from $2.4 million, or 70 cents per share, in the same period a year ago.
