Banking & Finance
Harley sales soar
Harley-Davidson Inc. reported second quarter net income of $271.7 million, or $1.21 per share, up from $247.3 million, or $1.21 per share, in the same period a year ago.
Roadrunner Transportation acquires Missouri firm
Cudahy-based Roadrunner Transportation Systems Inc. announced that it has acquired all of the outstanding membership interests of Springfield, Mo.-based logistics firm Marisol International LLC for a total purchase price of $66 million, plus an earn-out capped at $2.5 million.
Generac to Acquire Tower Light business
Waukesha-based Generac Holdings Inc. announced it has signed a purchase agreement to acquire the equity of Tower Light Srl and its wholly-owned subsidiaries from European private equity fund Ambienta I and a group of minority-share investors.
ABC Supply acquires Tennessee firm
Beloit-based building products distributor ABC Supply Co. Inc. announced that it has acquired the assets of American Wholesale Building Supply Co., a distributor of siding and windows with a single location in Nashville, Tenn.
New hires and promotions
Robert F. Wolf has been named chief credit officer at Spring Bank. He joined the bank as vice president-administration...
Kaminski to head wealth division
Daniel L. Kaminski has been named executive vice president and head of Johnson Bank’s Wealth line of business.
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Harley sales soar
Harley-Davidson Inc. reported second quarter net income of $271.7 million, or $1.21 per share, up from $247.3 million, or $1.21 per share, in the same period a year ago.
Generac to Acquire Tower Light business
Waukesha-based Generac Holdings Inc. announced it has signed a purchase agreement to acquire the equity of Tower Light Srl and its wholly-owned subsidiaries from European private equity fund Ambienta I and a group of minority-share investors.
Cool spring chills Briggs & Stratton
Wauwatosa-based Briggs & Stratton Corp. announced that it expects to report net sales and earnings below the guidance that it provided for fiscal 2013. The lower retail sales due to a late spring in the U.S. and Europe have not yet recovered in the current season, the company said.
Associated Bank’s board authorizes stock repurchase
The Associated Banc-Corp board of directors has authorized the repurchase of up to $120 million of the Green Bay-based company’s common stock.