Economic Development

Douglas Dynamics Inc., a Milwaukee-based designer and manufacturer of snow and ice control equipment for light trucks, reported a first quarter net loss of $4.3 million, or 19 cents per share, compared with a net loss of $0.8 million, or 4 cents per share, in the same period a year ago.

Menomonee Falls-based Magnetek Inc. reported first quarter net income of $6.9 million of $2.14, up from $971,000, or 30 cents per share, in the same period a year ago.

Sheldon Lubar will receive the BizTimes Bravo! Entrepreneur Lifetime Achievement Award at the Biz Expo on Thursday.

Sussex-based Quad/Graphics Inc. reported quarterly net earnings of $47.5 million, or $1.01 per share, compared with a net loss of $7.3 million, or 15 cents per share, in the same period a year ago.

Milwaukee-based Roundy's Inc. reported first quarter net income of $2.3 million, or 6 cents per share, down from $8.8 million, or 29 cents per share, in the same period a year ago.

The historic Times and Rosebud theaters have been sold at sheriff's auction to Lee Barczak, who also owns the Avalon Theatre in Bay View.

Milwaukee-based Rexnord Corp. completed its first quarter as a public company with net earnings of $9 million, or 12 cents per share.

Lee Brass Company has been acquired by Morris Capital Management, with the help of Cleary Gull Inc. of Milwaukee.

Robert W. Baird & Co. Inc. saw record results in some areas of its business last year, including equity capital markets, asset management and private wealth management.

As the economy recovers, now is the time for company owners to plan for their next move, as the mergers and acquisitions market is quickly heating up.