Industries

The PNC Financial Services Group Inc. announced that its board of directors has elected William Demchak to be president of the corporation and its principal banking subsidiary, PNC Bank, National Association.

Milwaukee M&A advisory firm Cleary Gull has acted as advisor for PMT Indsutries LLC, which was recently acquired by W.T. Walker Group Inc.

Promontory Point Capital, a Milwaukee investment banking boutique, has served as financial advisor for QuickCable, which was recently acquired by Tonka Bay.

A suit brought by Milwaukee headphone manufacturer Koss Corporation against Milwaukee-based Park Bank moved forward Monday following a hearing in the case.

Frozen Ladle, a self-serve frozen yogurt and premium soup restaurant, will open on the southeast corner of Moorland Road and National Avenue in the Moorland Square Shopping center in June.

Randy Spaulding, founder and chief executive officer of West Bend-based Spaulding Clinical Research, will lead the 2012 United Way of Washington County campaign this fall.

Irgens Partners LLC announced today that it has adopted a new corporate identity, effective immediately.

The Metropolitan Milwaukee Association of Commerce will host Lead and influence change—inside your company and in your community on Tuesday, May 1, from 7:30 to 9 a.m. at the Milwaukee Athletic Club, 758 N. Broadway in Milwaukee.

Top Floor Technologies, an industrial web development and Internet marketing company in New Berlin, has been recognized for its work at the Business Marketing Association Bell Awards.

Riding the recovery of the American automotive industry, Strattec Security Corp., a Milwaukee-based automotive parts supplier, reported fiscal third quarter net income of $2.7 million, or 82 cents per share, up from $55,000, or 2 cents per share, in the same period a year ago.