Manufacturing

Milwaukee Electric Tool parent reports record sales

Techtronic Industries Co. Ltd., the parent company of Brookfield-based Milwaukee Electric Tool Corp., today reported record sales, gross margin and profit for the first half of the year.

ICAFe to acquire Illinois firm

Waukesha coating systems and coating product solutions distributor ICAFe Inc. has agreed to acquire Dove Equipment of East Peoria, Ill.

Wangard plans $14 million industrial space development in West Allis

Wauwatosa-based real estate development firm Wangard Partners Inc. plans to build a two-building, $14 million industrial space development on the former Yellow Freight Truck terminal sites at 11525 and 11406 W. Rogers St. in West Allis.

Johnson Controls opens state-of-the-art crash test facility

Glendale-based Johnson Controls Inc. has opened a new, industry-leading North American crash test facility at its automotive seating headquarters in Plymouth, Mich.

Briggs & Stratton to acquire Allmand Bros.

Wauwatosa-based Briggs & Stratton Corp. announced that it has agreed to acquire Holdrege, Neb.-based Allmand Bros Inc. for $62 million.

Busch Precision acquires part of Maintenance Service Corp.

Milwaukee-based Busch Precision Inc. has acquired certain assets, including two lines of business, from West Allis-based Maintenance Service Corp.
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ZBB Energy gets new China investor

Menomonee Falls-based ZBB Energy Corp.’s Chinese joint venture has received a new $3.24 million cash investment.

Harley recalls 66,000 bikes

Milwaukee-based Harley-Davidson Motor Co. has issued a recall for 66,421 motorcycles because of a problem with the front brake line.

Douglas Dynamics revenue up 60 percent

Milwaukee-based Douglas Dynamics Inc. reported second quarter net income of $14.6 million, or 64 cents per share, up sharply from $5.9 million, or 26 cents per share, in the second quarter of 2013.

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