Industries

Buell deal will expand production

Erik Buell has sold a 49.2-percent stake in his East Troy company, Erik Buell Racing LLC, to Hero MotoCorp Ltd. of New Delhi, India.

Fed to ease up on QE

The Federal Reserve last week indicated it will begin tapering its bond purchasing and quantitative easing policies, which had a distinct impact on the markets, according to the U.S. Bank The Private Client Reserve Market & Economic Update.

Buell sells stake in company to overseas firm

Erik Buell has sold a 49.2-percent stake in his East Troy company, Erik Buell Racing LLC, to Hero MotoCorp Ltd. of New Delhi, India.

Bemis acquires Chinese plastics company

Neenah-based Bemis Company Inc. today announced that it has acquired all of the common stock of Foshan New Changsheng Plastics Films Co. LTD (NCS), a specialty film manufacturer located in Foshan, China.

Kenosha shopping center sold for $12.85 million

Glenwood Crossings, a 87,504-square-foot shopping center in Kenosha, was sold by Northbrook, Ill.-based Cloverleaf Group to Cincinnati-based Phillips Edison for $12.85 million, according to state records.

Northwestern Mutual acquires building in Silicon Valley

Northwestern Mutual Life Insurance Co. Inc. has acquired a leasehold interest in 3330 Hillview, a two-story, 29,744-square-foot office building in the Stanford Research Park in Palo Alto, Calif.
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Tribune Co. to acquire parent company of Channel 6

Tribune Co. has reached an agreement to acquire 19 television stations, including WITI-TV (Channel 6) in Milwaukee, from Local TV Holdings LLC for $2.7 billion in cash.

Master Lock parent company names new CEO

Fortune Brands Home & Security Inc.(FBHS), the parent company of Oak Creek-based Master Lock, announced that it has named Terry Horan president of the company's security and storage business.

Batten to succeed his father as Twin Disc CEO

Racine-based Twin Disc Inc. announced that its board of directors has elected John Batten, 47, to the position of president and chief executive officer, succeeding his father, Michael Batten, 73, who wil retire effective Dec. 31.

Rishi Tea could relocate in Milwaukee to expand

Milwaukee-based Rishi Tea needs additional space and could move to another location in the city or expand at its current location, co-owner and vice president of sales Benjamin Harrison said.

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