Manufacturing

Milwaukee-based Brady Corp. today reported fiscal first quarter net income of $27.2 million, or 53 cents per share, down from $32.7 million, or 62 cents per share, in the same period a year ago.

Racine-based Johnson Outdoors Inc. announced it has closed on its acquisition of Jetboil Inc., the world's No. 1 brand of outdoor cooking systems.

New Berlin-based Nassco Inc. has acquired of Messner Inc. of Madison.

Grafton-based Kapco Inc., which is projecting 20-percent annual sales growth in each of the next several years, is launching a new initiative to expand its vendor base and augment its growth.

Racine-based Modine Manufacturing Co. reported a fiscal second quarter net loss of $12.0 million, or 26 cents per share, compared with net earnings of $1.4 million, or 3 cents per share, in the same period a year ago.

Rexnord Corp. reported fiscal second quarter net income of $19.2 million, or 19 cents per share, up from $4.5 million, or 6 cents per share, in the same period a year ago.

Port Washington-based Allen Edmonds Shoe Corp. is receiving a $20 million loan from Green Bay-based Associated Banc-Corp for expansion plans that include a lease of 30,000 square feet of existing warehouse space in Port Washington and plans for two additional stores in China.

MillerCoors LLC today reported a 74-percent increase in quarterly profits, sparked by continued growth in its Coors Light and Tenth and Blake Beer Co. brands.

Menomonee Falls-based Magnetek Inc. announced it is expanding international distribution of its radio control products in China.

Briggs & Stratton Corp. announced that it has signed a definitive agreement to acquire Companhia Caetano Branco of Brazil for approximately $60 million, subject to post-closing adjustments.