Industries

Runzheimer acquires Canadian firm

Waterford-based Runzheimer International, a global leader in Total Employee Mobility solutions, has acquired Canadian GPS technology firm SatLogix Inc., an innovator of vehicle mileage tracking devices and cloud-based mileage management platforms.

Janesville company acquires Data Exchange Center Inc.

Data Dimensions, a Janesville-based producer of business process automation (BPA) solutions, announced it has acquired Data Exchange Center Inc. located in Brown Deer.

Northern Trust investment managers are less optimistic about economy

Investment managers are becoming less positive on the U.S. economy and corporate earnings due to the expected negative impact of a recession in Europe and slower growth in China, according to a survey conducted in the second quarter by Northern Trust Bank.

Cole Taylor Bank opens branch in Franklin

Chicago-based Taylor Capital Group Inc. announced that Cole Taylor Bank is expanding its commercial banking business into southeastern Wisconsin through the opening of a new office in Franklin.

Town Bank to open Menomonee Falls branch

Hartland-based Town Bank plans to open a new office in a freestanding building in The Woodlands Market retail center in Menomonee Falls. The bank will hold a grand opening in the late summer or early fall.

Hot Water acquires American Mechanical

Hot Water Products, a Milwaukee water heating products company, has acquired American Mechanical Services, a Milwaukee steam products company.
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Median asking price drops

The median asking price for Milwaukee companies listed on BizBuySell.com dropped to $259,500 in the second quarter, down 5.6 percent from a year ago.

Wausau native Mayer is new CEO of Yahoo

Yahoo! is hiring Google executive Marissa Mayer, a native of Wausau, to be its next chief executive officer.

Palermo Villa is closed

After decades as a landmark restaurant on the Milwaukee’s East Side, Palermo Villa is closing, according to a report at OnMilwaukee.com, a media partner of BizTimes.

Cole Taylor Bank opens branch in Franklin

Chicago-based Taylor Capital Group Inc. announced today that Cole Taylor Bank is expanding its commercial banking business into southeastern Wisconsin through the opening of a new office in Franklin.

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