Industries

Plans for massive distribution center approved in Pleasant Prairie

Pleasant Prairie village officials this week approved plans by City of Industry, Calif.-based Majestic Realty Company to build a 1.18 million-square-foot warehouse/distribution center on an 87.5-acre site east of County Highway H and south of Bain Station Road.

Wangard sells East Side building for $3.2 million

Wauwatosa-based Wangard Partners Inc. announced that today it will close on the sale of a 10,708-square-foot building at 1930 E. North Ave., on Milwaukee’s East Side, to Forman-Smyser Family LLC, a New York-based investment group.

Failure was never an option for Davis

“Hard work. Dedication. And the mindset that failure is not an option.”

That is how former Green Bay Packer great Willie Davis answered a question about the secrets behind his post-football career as a successful executive in the beer distributing and radio businesses.

Zuckerman Jewelers is Mequon-Thiensville Small Business of the Year

A.C. Zuckerman Jewelers has been named the Mequon-Thiensville Small Business of the Year by the Mequon-Thiensville Chamber of Commerce.

Johnson Controls to acquire assets of bankrupt company

Glendale-based Johnson Controls Inc. has entered into an agreement to purchase the automotive business assets of A123 Systems Inc., a Waltham, Mass., company that filed for bankruptcy protection today.

New union report questions Palermo Villa commitments

The AFL-CIO Center for Strategic Research today released a new report that questions whether Milwaukee-based Palermo Villa Inc. has lived up to its commitments to create family-supporting jobs after receiving $26 million in government subsidies.
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Rockwell acquires Chinese manufacturer

Milwaukee-based Rockwell Automation Inc. announced it has completed the acquisition of the medium voltage drives business of Harbin Jiuzhou Electric Co. Ltd.

Richfield surveying companies merge

Continental Surveying Services LLC has acquired Elder Engineering in a transaction that merges the two Richfield-based companies.

Quad/Graphics makes bid to acquire bankrupt Maryland company

Sussex-based Quad/Graphics Inc. has signed an agreement to acquire substantially all of the assets of Vertis Holdings Inc., a Baltimore, Md.-based company that has filed for bankruptcy, for $258.5 million.

PNC Bank’s net income grows

The PNC Financial Services Group Inc., the Pittsburgh-based parent company of PNC Bank, which has branches in the Milwaukee market, today reported third quarter net income of $925 million, or $1.64 per share, up from $834 million, or $1.55 per share, for the same period a year ago.

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