Banking / Finance / M&A

Techtronic Industries Co. Ltd., the parent company of Brookfield-based Milwaukee Electric Tool Corp., today reported record sales, gross margin and profit for the first half of the year.
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Brookfield-based QPS Employment Group, a staffing and recruiting firm, has conducted a survey that indicates more than 27 percent of Midwestern companies plan to increase wages in the third quarter.
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Gordy Weber, who has worked at Associated Banc-Corp for 44 years, will retire at the end of the year.
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Oak Creek-based Tri City National Bank has named Craig Dedrick its new president.
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Wisconsin's 166 state-chartered credit unions reported a lending increase of 9.6 percent over the first half of the year, compared to the first half of 2013.
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BMO Capital Markets Economic Research has forecast 2.6 percent GDP growth in Wisconsin in 2015, up from its estimate of 2.1 percent GDP growth for 2014 and the actual GDP growth of 1.7 percent in 2013.
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Wauwatosa-based Briggs & Stratton Corp. announced that it has agreed to acquire Holdrege, Neb.-based Allmand Bros Inc. for $62 million.
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Brookfield-based GSF Mortgage has received the Platinum Guaranteed Rural Housing Million Dollar Lender Award from the United States Department of Agriculture for the third consecutive year.
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Ameriprise Financial advisors Gary Dunco, CFP, CRPC, APMA, and Robert DiDonato, CIMA, recently qualified to attend the 2014 National Conference in Boston.
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Wauwatosa-based Briggs & Stratton Corp. announced that it has agreed to acquire Holdrege, Neb.-based Allmand Bros Inc. for $62 million.
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