Industries
Meijer acquires three properties for Wauwatosa store
Grand Rapids, Mich.-based Meijer Inc. recently paid $5.77 million to acquire three properties in Wauwatosa, as it assembles the site for the 157,000-square-foot store that it plans to build there, according to state records. The deals were recorded last week.
Vacant Kenosha industrial building sold for $1.55 million
LCM Funds 25 Kenosha LLC, a Milwaukee-based investors group led by David Winograd, recently purchased a vacant 190,000-square-foot industrial building at 5718 52nd St., Kenosha, from Johnson Bank for $1.55 million, according to state records.
BizTimes tours Brewhouse Inn & Suites
BizTimes Milwaukee recently took a tour of the Brewhouse Inn & Suites, the new 90-room hotel that opened recently at 1215 N. 10th St. in the former Pabst brewery complex in downtown Milwaukee.
Rockwell earnings up 6.8%
Milwaukee-based Rockwell Automation Inc. reported third quarter net income of $203.7 million, up 6.8 percent compared to $190.7 million in net income during the third quarter of fiscal 2012. Diluted earnings per share were $1.45, up from $1.33.
Fiserv earnings down
Brookfield-based Fiserv Inc. reported second quarter net income of $151 million, or $1.13 per share, down from $161 million, or $1.17 per share, in the second quarter of 2012.
Connecture projects major revenue growth
Brookfield-based Connecture, Inc. is forecasting revenue growth of more than 80 percent this year to revenues in excess of $90 million.
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Generac announces secondary offering
Funds affiliated with CCMP Capital are selling all of their 7.02 million shares of stock in Generac Holdings Inc. through a secondary offering, excluding small amounts held by directors and a former director that were given as compensation for service on the board of directors.
Actuant to acquire oil and gas support company
Actuant Corp. announced it is acquiring Viking SeaTech, a Scottish offshore oil and gas support company, for about $225 million.
Principal employees join Million Dollar Round Table
Principal Financial Group employees Ben Trevino, Roric Griffith, Adam Brophy and Susie Allen have been named Million Dollar Round Table members. All four are based at the company’s Wisconsin Business Center in Milwaukee.
Wisconsin Bank & Trust flat in 2Q
Wisconsin Bank & Trust today reported second quarter net income of $1.5 million, the same as in the second quarter of 2012.