Industries

Menomonee Falls-based Actuant Corp. today reported fiscal fourth quarter net earnings of $58.3 million, or 78 cents per share, up from a net loss of $16.5 million, or 22 cents per share, in the same period a year ago.

Chad Tisonik has been named president of HNI Risk Services in Wisconsin.

Eden Prairie, Minn.-based The Timm Corp. recently purchased the Holiday Inn Express hotel at 15451 W. Beloit Road in New Berlin from Whitewater-based Hotel and Conference Center LLP for $4.15 million, according to state records.

Wauwatosa-based commercial real estate firm Irgens recently purchased the 66-acre Ruby Farms site in Brookfield for $10.17 million, according to state records. The property is located north of I-94 west of Calhoun Road and south of Bluemound Road.

The Common Ground Healthcare Cooperative, a nonprofit organization selling health insurance plans on the new Affordable Care Act-created health insurance marketplaces, officially launched today, with some of its early adopters reporting they are saving costs for employee health care.

The federal government is closed, and the Affordable Care Act is open.

Racine-based Modine Manufacturing Co. a diversified global leader in thermal management technology and solutions, announced it has entered into exclusive negotiations to acquire privately held Barkell Limited, a manufacturer of custom built air handling units located in Consett (County Durham), United Kingdom.

Pereles Bros. Inc., a Milwaukee-based plastic injection molding company, has been purchased through an equity buyout by business partners Steve Iram and Jim Gannon.

The overall financial health of 289 publicly traded banks in the United States improved in the past year, according to a new national study.

BMO Harris Bank will serve as a multi-year title sponsor for the Broadway at the Marcus Center series.