Manufacturing

Milwaukee-based A. O. Smith Corp. signed a definitive agreement to acquire Lochinvar Corp. of Lebanon, Tenn., for $418 million.

The 10,000 free Milwaukee Brewers game tickets that were given away to bargain-hungry fans were claimed in just 20 minutes.

Snap-on Inc., a Kenosha-based global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users, reported second quarter net earnings of $78.0 million, or $1.33 per share, up from $45.3 million, or 78 cents per share, in the same period a year ago.

Roadrunner Transportation Systems Inc., a Cudahy-based asset-light transportation and logistics services provider, announced it will implement an average 6.9-percent rate increase for all non-contractual customers effective Aug. 15.

Douglas Dynamics of Milwaukee has appointed Kenneth Krueger to its board of directors

Green Bay-based Schneider National, one of the nation's largest trucking companies, is hiring 300 more professional truck drivers in Texas, Oklahoma and New Mexico for its growing Dedicated and Bulk (tanker) divisions.

General Electric Co. chairman and chief executive officer Jeffrey Immelt advised business U.S. owners and top executives to “stop complaining” about government and take the lead in creating more jobs and sparking the national economic recovery.

Sussex-based Quad/Graphics Inc. and Transcontinental Inc. announced they have entered into a definitive agreement whereby Quad/Graphics will acquire Transcontinental's Mexican operations and will sell most of its Canadian operations to Transcontinental.

Milwaukee-based Joy Global Inc. has entered into an agreement to purchase 534.8 million shares of International Mining Machinery Holdings Ltd. Stock for $585 million from TJCC Holdings Limited.

A new rapid prototyping capability at CORE Consulting will allow the engineering company to provide manufacturers with models of potential products more quickly.