Wisconsin-based Jason Industries has acquired Matchless Metal Polish Company in an all-cash deal worth $5 million, in a move to further grow its polishing product line offerings across North America. Established in 1885, Matchless Metal Polish Company offers a full range of metal finishing products and services. Included in these are buffing compounds, abrasives, buffing […]
Domtar, a fiber-based products provider, has signed an asset purchase deal with Wisconsin-based Appvion Operations to acquire the latter’s Point of Sale (POS) paper business for an undisclosed price. As per the agreement, Domtar will acquire the coater and related equipment located only at Appvion’s facility in West Carrollton, Ohio and also a license for […]
Wenzel’s Farm, a Wisconsin-based company specialized in handcrafted, small-batch meat snacks and products, has launched a new product called Wenzel’s Farm Beef Jerky. The new beef product is said to have no artificial colors, no MSG and is gluten-free. Wenzel’s Farm Beef Jerky is said to maintain the same taste and quality as Wenzel’s Farm’s […]
Wisconsin-based Usona Institute has been granted breakthrough therapy designation for psilocybin from the US Food and Drug Administration (FDA) for the treatment of major depressive disorder (MDD). According to Usona Institute, the designation secured by psilocybin for major depressive disorder acknowledges the unmet medical need in the broad population and also the potential for significant […]
SHINE Medical Technologies has secured $50 million financing with funds managed by Oaktree Capital Management to support its upcoming medical isotope production facility and the commercialization of molybdenum-99 (Mo-99), lutetium-177 (Lu-177), and other diagnostic and therapeutic isotopes. Greg Piefer – founder and CEO of SHINE Medical Technologies said: “Oaktree has broad expertise in complex infrastructure […]
Illinois-based based First Midwest Bank has signed a deal worth $195 million to acquire Wisconsin-based Bankmanager and its subsidiary Park Bank in a move to expand its business in Milwaukee. Park Bank, which was established in 1915, is said to be among the largest banks in Milwaukee. The bank operates three full-service branches in Milwaukee […]
SC Johnson acquisition of Sun Bum : SC Johnson, a Wisconsin-based manufacturer of household cleaning supplies and other consumer chemicals, has agreed to acquire personal care products brand Sun Bum for an undisclosed price. The personal care products of Sun Bum cover the areas of hair care, sun protection, and lip care. SC Johnson acquisition […]
US memory care provider Silverado has opened Silverado North Shore memory care community in Glendale, Wisconsin, which will be home to as many as 85 people with dementia, Alzheimer’s disease, and other memory-related conditions. The memory care community in Glendale is designed in a way that it maximizes the quality of life for the inmates. […]
SHINE Medical Technologies, a US radioisotopes manufacturer, began construction on its first medical isotope production facility in Janesville in Wisconsin. The groundbreaking ceremony on the medical isotope production facility follows the allocation of 91 acres of land by the City of Janesville to SHINE Medical Technologies to develop the project, which is located across from […]
Imbed Biosciences, a Wisconsin-based medical device company, development of advanced therapies for soft tissue repair, has raised $2 million in a Series A financing round. The proceeds from the financing round are expected to help the medical device company commercialize its FDA-approved MicroLyte Ag Antimicrobial Matrix, which is indicated for the management of burns, chronic […]