Banking & Finance

Franklin-based Hypneumat Inc. has been purchased by John Weber, a Milwaukee-area business executive.

Racine-based Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, has signed a definitive asset purchase agreement to acquire privately held Geofinity Manufacturing of Surrey, British Columbia.

Financially strapped AnchorBank today announced the closing of branch offices in Sussex and Appleton as of Aug. 31, as part of an effort to operate as efficiently as possible.

Franklin-based Hypneumat Inc. has been purchased by John Weber, a Milwaukee-area business executive.

At first glance, investors might be alarmed to see so many company insiders unloading their shares of Harley-Davidson Inc. stock.

Brett Thompson, president and chief executive officer of the Wisconsin Credit Union League in Pewaukee, says Congress should approve a bill to increase the cap on lending that credit unions can give to small businesses.

U.S. Bank increased its Milwaukee-area small business lending by 20 percent in the first quarter, compared to the same period a year ago.

Industry experts will provide insight on the mergers and acquisitions market in Milwaukee at the BizTimes M&A Forum on Friday, June 8, from 7:30 a.m. to noon, at the Pfister Hotel in Milwaukee.

Mitch Grulke has been named bank manager for the Brookfield office of Waukesha State Bank.