Economic Development
Milwaukee area manufacturing sector slips into decline
After three years of consistent growth, the Milwaukee region's manufacturing sector shifted into reverse in July, according to the Milwaukee ISM report by Marquette University.
Growing Power to open market in King Commons
Growing Power has announced the grand opening of Growing Power’s Deli & Food Market in the King Commons development at 2737 N. Martin Luther King Jr. Dr. in Milwaukee.
Milwaukee Biz Blog: The banking industry has a problem
The federal government should put a strict “cap” on activities that banks and insurers do that get them in trouble.
Bank Mutual to reopen West Allis branch
Milwaukee-based Bank Mutual has planned a grand re-opening of its West Allis branch, 10296 W. National Ave., on Saturday, August 4.
Rockwell third quarter profit up 6.2 percent
Milwaukee-based Rockwell Automation Inc. reported fiscal third quarter profit of $190.7 million, up 6 percent compared to $179.5 million in the previous fiscal third quarter.
Marcus Corp. finishes fiscal year on a high note
A strong early summer movie lineup and a recovering travel industry helped Milwaukee-based Marcus Corp. finish its fiscal year with record revenues, the company reported.
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Recall election ads boost Journal Communications
Milwaukee-based Journal Communications, which owns the Milwaukee Journal Sentinel, AM 620 WTMJ and Channel 4 TMJ4, was one of the biggest beneficiaries of the recall election for Gov. Scott Walker.
Modine completes Geofinity acquisition
Racine-based Modine Manufacturing Co. announced that it has completed the acquisition of Surrey, B.C.-based Geofinity Manufacturing. The terms of the deal were not disclosed.
GDP up only 1.5% in second quarter
The U.S. economy grew at a modest pace during the second quarter as gross domestic product increased by only 1.5 percent, the U.S. Commerce Department reported.
Johnson Bank adds new leaders
Racine-based Johnson Bank has further extended its reach in the North Shore by hiring three new leaders at its Whitefish Bay branch.