Latest News
Briggs & Stratton to acquire Brazilian company
Briggs & Stratton Corp. announced that it has signed a definitive agreement to acquire Companhia Caetano Branco of Brazil for approximately $60 million, subject to post-closing adjustments.
Magnetek hires Chinese distributor
Menomonee Falls-based Magnetek Inc. announced it is expanding international distribution of its radio control products in China.
Craft brews propel MillerCoors
MillerCoors LLC today reported a 74-percent increase in quarterly profits, sparked by continued growth in its Coors Light and Tenth and Blake Beer Co. brands.
Allen Edmonds expands growth plans
Port Washington-based Allen Edmonds Shoe Corp. is receiving a $20 million loan from Green Bay-based Associated Banc-Corp for expansion plans that include a lease of 30,000 square feet of existing warehouse space in Port Washington and plans for two additional stores in China.
Rexnord reports robust quarter
Rexnord Corp. reported fiscal second quarter net income of $19.2 million, or 19 cents per share, up from $4.5 million, or 6 cents per share, in the same period a year ago.
Impairments pile up on Modine
Racine-based Modine Manufacturing Co. reported a fiscal second quarter net loss of $12.0 million, or 26 cents per share, compared with net earnings of $1.4 million, or 3 cents per share, in the same period a year ago.
Koss creates wireless headphones for Wi-Fi music access
While John Koss, founder of Milwaukee-based Koss Corporation, introduced the world to personal listening capabilities with stereo headphones in 1958, today his son Michael Koss is introducing personal listening to the Internet.
Cubs, Blackhawks hurt WGN-TV and WGN-AM
As if a dismal Chicago Cubs season wasn't bad enough for hometown broadcasters WGN-TV/Channel 9 and WGN-AM/720, now the canceled Blackhawks games are making for a revenue-robbing double whammy.
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Outpost plans to open new store in Mequon
The Outpost Natural Foods Cooperative is looking to expand into Ozaukee County for its fourth retail store location, as it has made an offer to acquire property in the city of Mequon at the northeast corner of Mequon Road and Wauwatosa Road.
Milwaukee housing market continues to surge
October sales of existing homes in the metropolitan Milwaukee housing market were up 32.8 percent compared with the same month a year ago.
Roadrunner Transportation acquires South Dakota firm
Cudahy-based Roadrunner Transportation Systems Inc. announced today it has acquired all of the outstanding stock of A&A Express, a provider of truckload services based in Brandon, S.D., for approximately $24.0 million, plus an earn-out capped at $2.5 million.