Economic Development
Actuant acquires Australian company
Menomonee Falls-based Actuant Corp. announced it has acquired Jeyco Pty Ltd , an Australian designer and provider of specialized mooring, rigging and towing systems and services to the offshore oil and gas industry.
Walker to use bank settlement to help fill budget hole
Wisconsin Gov. Scott Walker plans to use $25.6 million of the $140 million the state is receiving from a settlement with large banks to help offset a projected state budget deficit.
Promontory Point helps Sturtevant company secure financing
Milwaukee investment banking firm has assisted Sturtevant manufacturer American Metal Technologies LLC in securing financing from Racine County and People’s United Bank.
PNC donates $75,000 to Boys & Girls Clubs
The Boys & Girls Clubs of Greater Milwaukee have received a $75,000 grant from the PNC Foundation to offer early financial education to their youngest members.
BizTimes seeks nominations for bold companies and leaders
BizTimes Media is seeking nominations for its 2012 Bravo! Entrepreneur Awards and IQ (Innovation Quotient) Awards.
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Sensient caps record year
Milwaukee-based Sensient Technologies Inc. reported fourth quarter net earnings of $28.6 million, or 57 cents per share, up from $25.8 million, or 52 cents per share, in the same period a year ago.
Tight municipal budgets slow down Badger Meter
Milwaukee-based Badger Meter Inc. reported fourth quarter net earnings of $1.2 million, or 8 cents per share, which was down from a record$6.3 million, or 42 cents per share, in the same period a year ago.
ZBB Energy incurs another quarterly loss
ZBB Energy Corp., a Menomonee Falls-based developer of renewable energy power platforms, reported a fiscal second quarter net loss of $2.8 million, or 8 cents per share, compared with a net loss of $1.8 million, or 9 cents per share, in the same period a year ago.
