Industries
New focus drives Centare’s growth and expansion
The technology industry managed to remain viable throughout the Great Recession, partly because companies in other industries were searching for an edge or ways to become more efficient and do more with less. Brookfield-based Centare Group Ltd., managed to do that and more by changing their business model and offering more to its clients.
Verizon launches multi-device data plan
Verizon Wireless recently launched an opt-in wireless plan for customers seeking the convenience of combining all of their devices into a single bill.
Smartphone applications continue to grow
There are approximately 98 million smartphones in use in the United States alone, according to Reston, Va.-based ComScore Inc. Eighty-nine percent of smartphone users use their phone on a daily basis.
The case for sell-side due diligence
M&A deals have always been challenging to close, and all the more-so in recent years, when sale processes have become protracted and due diligence efforts have intensified. Deals – even good, mutually beneficial ones – can be easily derailed by “surprises” from the seller.
WEDC attracts $100 million from Chinese private equity company
Wisconsin has secured $100 million in foreign direct investment from Chinese private equity firm PiYi Investment Management Co. Ltd.
Sponsorships help BMO Harris introduce itself to Milwaukee area
M&I Bank, founded in 1847 and once the largest Milwaukee-based bank, will officially change its name and systems to BMO Harris Bank in October.
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City honors Usinger posthumously
Debra Usinger, a passionate supporter of Milwaukee's downtown who dedicated her time and talents to numerous groups, was posthumously recognized by the Common Council's Community and Economic Development Committee.
Mayor Tom Barrett participated in the presentation.
Mayor Tom Barrett participated in the presentation.
A.O. Smith experiences 2Q growth
A.O. Smith Corp., a Milwaukee-based water technology company, 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.
Snap-on reports robust quarter
Kenosha-based Snap-on Inc. reported second quarter net earnings of $76.4 million, or $1.30 per diluted share, up from $66.9 million, or $1.14 per share, excluding an $18.0 million arbitration gain a year ago.
Canadian company to acquire Menomonee Falls firm
Artaflex Inc. of Ontario, Canada, has entered into a definitive agreement to acquire Menomonee Falls-based MTI International Inc.
