Economic Development

Tom Lange has been promoted to bank manager at Waukesha State Bank’s Silvernail Road office in Pewaukee.

Industry experts will provide insight on the mergers and acquisitions market in Milwaukee at the BizTimes M&A Forum on Friday, June 8, from 7:30 a.m. to noon, at the Pfister Hotel in Milwaukee.

Franklin-based Hypneumat Inc. has been purchased by John Weber, a Milwaukee-area business executive.

Robert W. Baird & Co. Inc. has named Glen Hackmann its 2012 Brenton H. Rupple Citizenship Award recipient.

Economists at the National Restaurant Association say that Wisconsin’s restaurant industry will hire 16,000 employees this summer, increasing their workforce by 9 percent between March and August to handle the busy summer season.

The Wisconsin Manufacturers & Commerce Economic Outlook Survey in May found that 51 percent of the WMC’s members said they will be expanding in Wisconsin over the next two years.

The seasonally adjusted ISM-Milwaukee Manufacturing Report, compiled by Marquette University’s Center for Supply Chain Management, jumped in May to 57.7 from 52.9 in April, indicating rising production rates at factories in the southeastern Wisconsin and northern Illinois region.

Mitch Grulke has been named bank manager for the Brookfield office of Waukesha State Bank.

Jeff Bowman, president of First American Capital Corp. in West Allis, has been recognized by the Small Business Administration as Minority Small Business Champion for region five.

First Bank Financial Centre has broken ground on its newest branch, which will be on Washington Street in Grafton.