Industries

Artaflex Inc. of Ontario, Canada, has entered into a definitive agreement to acquire Menomonee Falls-based MTI International Inc.

The Federal Reserve Bank of Chicago reports in its latest “Beige Book” that the economic conditions in the Seventh District, which includes Wisconsin and most of the upper Midwest, continue to improve, although the pace of growth has slowed.

The latest U.S. Drought Monitor report shows southern Wisconsin is now in “extreme drought.”

David C. Miller, president of Anderson Ashton Design/Build in New Berlin

VictorySpark, Inc., in association with Milwaukee-based VETransfer has received a grant from the Wisconsin Economic Development Corporation to launch a seed accelerator focused Veteran-initiated startups.

Kohl's Corp. announced this morning that it has reached an agreement with the village of Menomonee Falls to acquire 100 acres of vacant land in the Woodland Prime office park, located northwest of U.S. Highway 45 and Good Hope Road, where the company will build a “second corporate campus.”

Heartland Financial USA Inc. announced today it will rename its Wisconsin Community Bank subsidiary to Wisconsin Bank & Trust.

A.O. Smith Corp., a Milwaukee-based water technology company, today announced second quarter net earnings of $35.0 million, or 75 cents per share, up from $28.6 million, or 62 cents per share, in the same period a year ago.

Chicago Mayor Rahm Emanuel announced today that McGladrey LLP will move its corporate headquarters to the Windy City from Bloomington, Minn.

The Marcus Corp. today announced that its board of directors has authorized the repurchase of up to 2 million additional shares of the company’s outstanding common stock.