Economic Development
State spending exceeds national average
State spending increases in Wisconsin exceeded national averages in both 2011 and 2012, while budget reserves remain among the smallest in the nation, according to a new report from the Wisconsin Taxpayers Alliance (WISTAX).
MGIC gets capital infusion
MGIC Investment Corp. has contributed $200 million to increase the statutory capital of Milwaukee-based Mortgage Guaranty Insurance Corp.
Home sales rose in November
Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors (NAR).
Schmitz brothers purchase Little Switzerland
The Little Switzerland Ski Area in Slinger was sold to Schmitz Brothers LLC.
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Rockwell lands $1.9 million order from Warwick
Warwick Chemicals Ltd., a division of Warwick International Group Ltd., has awarded a $1.9 million order to Rockwell Automation Inc. and its Global Solutions team.
Actuant records robust quarter
Menomonee Falls-based Actuant Corp. reported fiscal first quarter net earnings of $37.2 million, or 50 cents per share, up from $25.9 million, or 35 cents per share, in the same period a year ago.
Fed approves PNC acquisition of RBC Bank
The Federal Reserve Bank has given PNC Financial Services Group a green light to acquire RBC Bank USA.
