Banking & Finance

Strattec reports strong quarter

Glendale-based Strattec Security Corp. today 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.

Accounting firm to present educational luncheons

SVA Certified Public Accountants has announced a series of educational luncheons exploring topics relevant to Milwaukee’s nonprofit community.

Johnson Controls on track for 2014 goals

Glendale-based Johnson Controls Inc. today 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.

MGIC recovering in line with mortgage industry

Milwaukee-based MGIC Investment Corp. today reported a fourth quarter net loss of $1.4 million, or 0 cents per share, compared with a net loss of $386.7 million, or $1.91 per share, in the same quarter of 2013.

Weaker generator sales impact Briggs

Wauwatosa-based Briggs & Stratton Corp. today 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.

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.
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North Shore Bank adds video ATM

Brookfield-based North Shore Bank has added a video teller ATM at its new grocery store branch in Kenosha.

GE acquires API Healthcare

General Electric has announced it has agreed to acquire Hartford-based API Healthcare.

Milwaukee County expects larger year-end surplus

Milwaukee County officials are projecting a 2013 year-end fiscal surplus of $14.3 million, according to a memo Monday from county Comptroller Scott Manske to County Board Chairwoman Marina Dimitrijevic.

Energenecs acquires Kamp Synergy

Cedarburg-based Energenecs has acquired Kamp Synergy, a control system integration business in Milwaukee.

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