Milwaukee-based Mortgage Guaranty Insurance Corp. (MGIC), the principal subsidiary of MGIC Investment Corp., announced that James Karpowicz, CFA, senior vice president, chief investment officer and treasurer, will retire, effective March 1.

Wisconsin Gov. Scott Walker has announced several key economic development initiatives aimed at improving the business climate and encouraging entrepreneurship and innovation.

BMO Harris Bank announced that it has hired Ross Kohl to lead its Small Business Administration loan program efforts in Wisconsin, Arizona, St. Louis and Kansas.

Seider Heating & Plumbing of Milwaukee and Waukesha has purchased Mohrhusen & Associates in Menomonee Falls.

An animation of the proposed the Drexel Town Square project in Oak Creek created by Rinka Chung Architecture in Milwaukee.

Jim Jung has been named vice president at Trico Corporation. He is also now a company stockholder.

Milwaukee industrial machining company Busch Precision Inc. has hired seven new employees so far this year.

The Port of Milwaukee reported a 34.5 percent increase in foreign cargo traffic in 2012.
More than 210,000 metric tons of cargo traveled to and from Milwaukee via the St. Lawrence Seaway or the inland river system to overseas ports.

MGS Mfg. Group Inc. will host an educational seminar for about 20 Waukesha County Technical College students on Tuesday, March 5, at its Germantown facility.

Regal Beloit Corp. announced it has completed the acquisition of the RAM motor business previously owned by Schneider Electric.

Milwaukee-based Sensient Technologies Corp. unveiled a strategic and restructuring plan that will include relocating its Flavors & Fragrances Group headquarters, technical groups and North American management from Indianapolis to Chicago.

Bolstered by last year's acquisition of Racine Federated Inc., Milwaukee-based Badger Meter Inc. reported a 362-percent increase in net earnings and a 22.4 percent increase in net sales for the fourth quarter of 2012.