Goss Adds to Portfolio with Acquisition of Loudon Machine, Inc.

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DURHAM, N.H. May 8, 2017 – Continuing its trajectory of strategic growth, Goss International today
announced the acquisition of Loudon Machine, Inc. in an asset transaction.

“This is our second acquisition in 2017 to help grow our aftermarket business and enhance our product offerings,” says Stan Blakney, Chief Operating Officer of Goss. “This purchase focuses on the post-press segment of the market, and enables us to enhance our bindery products and service –
parts capabilities.”

Based in Effingham, Illinois, Loudon Machine is a full-service company focused on the commercial printing industry. They specialize in the worldwide supply of new and refurbished bindery equipment, parts and service, with a product line extending from saddle stitchers, feeders and bases to shuttle hoppers, test stands, and trimmers. In addition to their printing industry expertise, Loudon has several custom manufacturing services.

“Boone and I are excited to join the Goss family. Together, we are in a much stronger position to service our customers long into the future,” says Loudon co- owner Noah Brandenburger.

Goss and Loudon will work synergistically to further expand their joint capabilities in the finishing and bindery segment of the commercial printing business, while augmenting the scope of Goss’ customer service range.

Blakney says, “We want to be able to fulfill customers’ needs for new and refurbished equipment throughout, from press to post-press. Loudon enhances our capabilities as we continue to push down the path towards expanding our aftermarket business. We will continue to look for additional
opportunities for both organic and inorganic growth.”

Mohit Uberoi, Chief Executive Officer and President of Goss adds, “We are very pleased with the progress made at Goss under the ownership of our shareholder American Industrial Partners. We look forward to announcing more acquisitions and collaboration deals in the near future, reaffirming our commitment to the printing industry.”

Contacts:
Goss International: Corporate, EMEA and Americas – Layla Stevenson
([email protected]) 603-750-6711

Additional information about Goss may be found on the Goss website:
http://www.gossinternational.com/

REV Group Acquires Ferrara Fire Apparatus, Inc.

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April 25, 2017 01:23 PM Eastern Daylight Time
MILWAUKEE–(BUSINESS WIRE)–REV Group (NYSE:REVG), a $2+ billion manufacturer of industry-leading specialty vehicle brands and leading provider of parts and services, today announced the acquisition of Ferrara Fire Apparatus, Inc. (“Ferrara”), a leading custom fire apparatus and rescue vehicle manufacturer that engineers and manufactures vehicles for municipal and industrial customers. The Ferrara product portfolio includes multiple fire apparatus configurations tailored to the specific requirements and demands of the fire service industry – including custom-builds on their own chassis as well as solutions on commercially available chassis such as Freightliner and International. This acquisition enhances REV’s product offering in its Fire Group within its Fire & Emergency segment, particularly with custom chassis pumpers, aerials, and industrial apparatus.

“We are pleased to welcome Ferrara to the line-up of our premier portfolio of fire brands which includes E-ONE and KME,” said Dan Peters, President of REV Fire Group. “The Ferrara brand has a long history of product innovation built around a commitment to heavy duty vehicle construction.” Peters added, “The addition of Ferrara to the REV Fire Group enables a number of new growth opportunities including expansion of our reach nationwide and adding new geographical regions and key accounts. We look forward to building upon the success of the Ferrara brand with an emphasis on driving new product innovation and exceeding customers’ expectations.”

Tim Sullivan, CEO, REV Group, Inc. commented, “We are extremely pleased to have Ferrara Fire Apparatus join our team at REV. Ferrara further strengthens our brand offering of fire apparatus vehicles and market presence, adding a diverse product portfolio that is complementary to our line of great American-made specialty vehicles. Ferrara will immediately contribute strategic value by expanding the REV Fire Group national footprint, dealer sales network, service and after-market parts revenue as well as enhancing our robust line of custom chassis and aerial products for multiple market segments.”

Headquartered in Holden, LA, Ferrara employs more than 450 employees with annual revenue of approximately $140 million. The acquisition of Ferrara Fire Apparatus, Inc. closed on April 25, 2017. Contemporaneous with the acquisition, REV has refinanced its debt facilities to include a new $350 million Asset Based Lending (ABL) revolving credit facility and a $75 million 5-year Term Loan. Details are available in the 8-K filed today with the SEC.

About REV Group

REV (REVG) is a leading designer, manufacturer and distributor of specialty vehicles and related aftermarket parts and services. REV serves a diversified customer base primarily in the United States through three segments: Fire & Emergency, Commercial and Recreation. REV provides customized vehicle solutions for applications including: essential needs (ambulances, fire apparatus, school buses, mobility vans and municipal transit buses), industrial and commercial (terminal trucks, cut-away buses and street sweepers) and consumer leisure (recreational vehicles (“RVs”) and luxury buses). REV’s brand portfolio consists of 29 well-established principal vehicle brands including many of the most recognizable names within our served markets. Several of REV’s brands pioneered their specialty vehicle product categories and date back more than 50 years. Investors-REVG

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including: statements regarding the acquisition of Ferrara, its integration into REV’s business and the future performance of REV. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “believe,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will,” and similar expressions and references to future periods. The forward-looking statements in this release are only predictions. REV has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements made. Important factors that could cause actual results and events to differ materially from those indicated in the forward-looking statements, including the risk that the anticipated benefits and synergies from the acquisition cannot be fully realized or may take longer to realize than expected; the possibility that costs or difficulties related to the integration of Ferrara’s operations will be greater than expected; and the risk that the benefits to our business of the acquisition will not meet our expectations. For additional disclosure regarding risks related to REV’s business, see the disclosure contained in the “Risk Factors” section of REV’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on March 7, 2016, available on the SEC’s website at http://www.sec.gov.

The forward-looking statements in this release represent REV’s views as of the date of this release. REV undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future developments or otherwise.

Contacts
REV Group
Dean Nolden, 1-414-290-0193
Chief Financial Officer
[email protected]

Rev Group acquires Midwest Automotive Designs

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Luxury vehicle manufacturer adds product offerings
by Molly Dill April 13, 2017, 10:55 AM

Milwaukee-based Rev Group Inc. has acquired Elkhart, Indiana-based Midwest Automotive Designs LLC. The terms of the transaction, which was completed April 13, were not disclosed.

Rev Group manufactures 28 brands of specialty vehicles such as ambulances and shuttles at 15 locations, many of which are in the Midwest. The company has more than 6,000 employees. Tim Sullivan, former chief executive officer of South Milwaukee-based Bucyrus International Inc., has served as CEO of Rev Group since 2014. The company moved its headquarters to Milwaukee last year, and went public in January. The company has been vying for a contract to produce 180,000 vehicles for the United States Postal Service.

Midwest Automotive Designs “upfits” custom Mercedes-Benz Sprinter vans and manufactures luxury vehicles such as motorhomes, shuttle vans, limousines and customized executive transportation vehicles. It has more than 130 employees and about $45 million in annual revenue. The company’s manufacturing and office facilities total more than 100,000 square feet.

This acquisition will expand Rev Group’s recreation and commercial product lines, adding Class B RVs and several limousine, charter and tour bus products. Midwest Automotive will operate as a subsidiary of Rev Group in its recreation division, said Dean Nolden, chief financial officer of Rev Group.

“We’re going to take advantage of any opportunities as a combined operation from an expense standpoint,” Nolden said. “The acquisition of Midwest gives us a good foothold in the strong, very fast-growing Class B (RV) market.”

Rev Group already makes Class A and Class C RVs, but wants to also take advantage of shifting demographics driving growth in the Class B RV space, Nolden said. According to Statistical Surveys Inc., Class B motorhome sales registrations jumped 53 percent in February and are up 36 percent year-to-date. Retiring baby boomers are buying up RVs for travel, and gradually move up the value chain into the most expensive line of RVs, Class A, he said.

“The addition of top quality custom shuttle buses, limousines and executive transportation vehicles is complementary to our existing commercial vehicle line of products,” said John Walsh, president of Rev Group’s bus division. “All of these products add to an already solid line of luxury vehicles under our Krystal and Federal brands. Our luxury transportation dealers will be very excited about these additions to our luxury product line.”

“One of our key strengths is our ability to rapidly design, engineer, and commercialize new products,” said Tim Gray, president of Midwest Automotive Designs. “Our combination with Rev makes all of the sense in the world. We are excited to tap into Rev’s technical resources and nationwide dealership footprint.”

Dynacast Finalizes Signicast Acquisition

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NEWS PROVIDED BY
Dynacast International Inc.
03 Apr, 2017, 08:00 ET

CHARLOTTE, N.C., April 3, 2017 /PRNewswire/ — Dynacast International, a global manufacturer of precision engineered metal components, is pleased to announce the Signicast, LLC., acquisition closed Friday, March 31, 2017.

Signicast is a highly automated and vertically integrated manufacturer of precision investment cast components. The company is the largest commercial investment casting manufacturer in the world and is regarded for its superior product quality and value, speed and flexibility, engineering and customer service.

Combining the Dynacast and Signicast offerings provides customers even more design freedom, with expanded choices of material, part complexity, and volume. As part of the merger, Signicast will remain as a separate operating division, ensuring business as usual for customers.

“Given Signicast’s complementary manufacturing technology, this acquisition expands our existing customer offerings and accelerates our strategic vision for growth. I am pleased to be working closely with the Signicast team to ensure that the combined company continues to provide our customers with unparalleled technology, quality, and service,” stated Simon Newman, Dynacast’s Chairman and Chief Executive Officer.

The acquisition adds over 800 employees from Signicast’s two campuses in Wisconsin, expanding Dynacast’s footprint to more than 9,500 employees in 27 locations. The merger enables Dynacast to continue growing both businesses, with intentions to globalize the Signicast division in the coming years.

This transformative acquisition supports Dynacast’s strategic vision toward becoming a $1 billion-plus organization over the next two to three years and furthers Dynacast’s position as the foremost global manufacturer of precision metal components.

About Dynacast International Inc.
Dynacast works with organizations all over the world, helping bring their ideas to life with the highest quality precision engineered metal components on the planet. Customers can come from virtually any industry—consumer electronics, automotive, healthcare, or any other where only the very best is good enough. And each benefits from our 80 years of experience pioneering the techniques and technologies that have redefined the industry. www.dynacast.com

About Signicast, LLC.
As a leading provider of investment castings, Signicast’s highly automated process provides customers with unparalleled lead times and quality levels. Combined with world-class engineering support and unique one-stop manufacturing solutions including machining, heat treating, painting, and assembly, Signicast customers receive the industry’s lowest total cost. www.signicast.com

For more information, please contact:
Taylor Topper, Dynacast International Inc.
[email protected]
+1-704-927-2790

SOURCE Dynacast International Inc.

Related Links

http://www.dynacast.com

Goss Acquires Graphic Automation Controls, Inc.

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DURHAM, N.H. March 27, 2017 – As part of its ongoing strategy to establish industry partnerships that deliver value-added solutions for its customers, Goss International today announced the acquisition of Graphic Automation Controls, Inc. (GAC) in an asset transaction.

“Goss is focused on growing our aftermarket and service business for our installed base,” says Stan Blakney, Chief Operating Officer of Goss. “This is the first of many expansions of those capabilities we see in the near term.”

GAC focuses on full PLC integration and control systems upgrades for printing and packaging presses. GAC also provides on-site service support, fill in plant maintenance and press audit services. Additionally, GAC specializes in obsolete and hard-to-find electrical parts for the printing and packaging industries.

The acquisition will provide benefits for both Goss and GAC customers by unifying its aftermarket services network. It also serves to enhance Goss’ drive and controls upgrade capabilities while strengthening its ability to provide service and parts to OEM equipment other than Goss.

“Goss’ goal is to become the premier printing solutions and support partner to our customers,” says Blakney.

Dave Soden, Vice President of Operations and Product Development for GAC believes the acquisition serves to strengthen the services each company provides individually. “We are excited to be a part of Goss,” said Soden. “This partnership will enhance our capacity to provide excellent aftermarket
parts, services, and enhancements.”

Blakney adds, “Goss is focused on driving a customer first culture, an approach that GAC has fully embraced over the years. The addition of GAC to our portfolio ensures we stay competitive and continue to provide the best possible service for our customers.”

(ENDS)
‘Goss’, the Goss logo, ‘Goss International’, and ‘Sunday’ are trademarks or registered trademarks of Goss International Corporation or its affiliates.

Contacts:
Goss International: Corporate, EMEA and Americas – Layla Stevenson
([email protected]) 603-750-6711
The Bespoke Agency: Clare Porter ([email protected]) +44 1737 215 200
This release and other information about Goss may be downloaded from the Goss
website: http://www.gossinternational.com/

Dynacast To Acquire Signicast: Opens New Markets, Expands Diversification

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PRESS RELEASE
Published: Feb 16, 2017 4:00 p.m. ET

CHARLOTTE, N.C., Feb. 16, 2017 /PRNewswire/ — Dynacast International, a global manufacturer of precision engineered metal components, is pleased to announce the signing of a definitive share purchase agreement (SPA), signed on Saturday, February 11, 2017, to acquire Signicast, LLC. The transaction has committed debt financing from JPMorgan Chase Bank, N.A., Barclays, and Macquarie Capital and is subject to regulatory approvals and customary closing conditions, expected to close in late March.

Signicast is a highly automated and vertically integrated manufacturer of precision investment cast parts. The company is the largest commercial investment casting manufacturer in the world and is regarded for its superior product quality and value, speed and flexibility, and customer services.
Combining the companies’ offerings will provide customers even more design freedom, with expanded choices of material, part complexity, and volume. As part of the merger, Signicast will remain as a separate operating division, ensuring business as usual for customers.

“Given Signicast’s complementary manufacturing technology, this acquisition will expand our existing customer offerings and accelerate our strategic vision for growth. I look forward to working closely with the Signicast team to ensure that the combined company continues to provide our customers with unparalleled technology, quality, and service,” stated Simon Newman, Dynacast’s Chairman and Chief Executive Officer.

Once the transaction is closed, the acquisition is expected to add over 800 employees from Signicast’s two campuses in Wisconsin. This addition will expand Dynacast’s footprint to more than 9,500 employees in 27 locations. The merger will allow Dynacast to continue growing both businesses, with intentions to globalize the Signicast division in the coming years.

This transformative acquisition is the next step of Dynacast’s strategic vision toward becoming a $1 billion-plus organization over the next two to three years and furthers Dynacast’s position as the foremost global manufacturer of precision metal components.

About Dynacast International Inc.Dynacast works with organizations all over the world, helping bring their ideas to life with the highest quality precision engineered metal components on the planet. Customers can come from virtually any industry—consumer electronics, automotive, healthcare, or any other where only the very best is good enough. And each benefits from our 80 years of experience pioneering the techniques and technologies that have redefined the industry. www.dynacast.com

About Signicast, LLC.As a leading provider of investment castings, Signicast’s highly automated process provides OEMs with unparalleled lead times and quality levels. Combined with world-class engineering support and unique one-stop manufacturing solutions including machining, heat treating, painting, and assembly, Signicast customers receive the industry’s lowest total cost. www.signicast.com

For more information, please contact:Taylor Topper, Dynacast International Inc.
[email protected]
+1-704-927-2790

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dynacast-to-acquire-signicast-opens-new-markets-expands-diversification-300409092.html

SOURCE Dynacast International Inc.

Copyright (C) 2017 PR Newswire. All rights reserved

REV Group, Inc. Announces Pricing of Initial Public Offering

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MILWAUKEE, WI – January 26, 2017 – REV Group, Inc. announced today the pricing of its initial public offering of 12,500,000 shares of its common stock at the initial public offering price of $22.00 per share (the “Offering”). In addition, certain selling stockholders have granted the underwriters for the Offering an option to purchase up to 1,875,000 additional shares of REV Group, Inc.’s common stock at the initial public offering price less the underwriting discount. The Offering is expected to close on or about February 1, 2017, subject to customary closing conditions. REV Group, Inc.’s shares of common stock have been approved for listing on the New York Stock Exchange and are expected to begin trading under the ticker symbol “REVG” on January 27, 2017.

Goldman, Sachs & Co., Morgan Stanley and Baird are acting as joint lead book-running managers and representatives of the underwriters for the Offering. BMO Capital Markets Corp., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities, Jefferies LLC, Wells Fargo Securities, LLC and Stifel, Incorporated are also acting as joint book-running managers for the Offering.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission. The Offering is being made only by means of a prospectus. A copy of the final prospectus relating to this Offering, when available, may be obtained from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: 1-866-471-2526, or via email: [email protected]; Morgan Stanley & Co. LLC, Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202-5391, via telephone: 1-800-792-2473, or via email: [email protected]

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About REV Group, Inc.

REV Group, Inc. is a leading designer, manufacturer and distributor of specialty vehicles and related aftermarket parts and services. REV Group, Inc. serves a diversified customer base primarily in the United States through three segments: Fire & Emergency, Commercial and Recreation. REV Group, Inc. provides customized vehicle solutions for applications including: essential needs (ambulances, fire apparatus, school buses, mobility vans and municipal transit buses), industrial and commercial (terminal trucks, shuttle buses and street sweepers) and consumer leisure (recreational vehicles and luxury buses). REV Group, Inc.’s brand portfolio consists of 27 well-established principal vehicle brands including many of the most recognizable names within its served markets.

Investor Relations Contact:
Sandy Bugbee
REV Group, Inc.
1-888-738-4037 (1-888-REVG-037)
[email protected]

DYNACAST ACQUIRES TAURUS ’80 DIE CASTING

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January 19, 2017
Dynacast is excited to announce that as of December 30th, 2016 we have completed the acquisition of Taurus ’80, a precision zinc die casting company. Taurus ’80 is headquartered in Grosso, Italy with additional locations in Rockford, Illinois, USA and Bizerte, Tunisia.

Taurus ’80 specializes in high-precision conventional zinc die casting and has been providing quality service since 1980. Their fully integrated production cycle—from engineering to secondary operations—has allowed Taurus ‘80 to work with some of the largest customers in the automotive and hardware industries. Along with their engineering expertise, Taurus adds over 60 additional die casting machines and an entire line of secondary operations to an already vast Dynacast footprint.

“We believe the addition of Taurus ’80 is the right next step for the growth of our company and is a testament to the passion and dedication by which the Dynacast team has delivered on our mission to provide the highest quality precision components to our customers around the world,” said Simon Newman, President and CEO of Dynacast. “This acquisition will deliver significant and immediate value to our customers and further our efforts in innovation to offer our customers the best business solutions.”

Dynacast works with organizations all over the world, helping bring their ideas to life with the highest quality precision engineered metal components on the planet. Customers can come from virtually any industry—consumer electronics, automotive, healthcare, or any other where only the very best is good enough. And each benefits from our pioneering the techniques and technologies that have redefined the industry. We are very excited to see where 2017 takes us and we cannot wait to share our experiences with our customers and employees.

For more information, please contact:
Taylor Topper, Dynacast International Inc.
[email protected]
+1-704-927-2790
SOURCE Dynacast International Inc.
Related Links
http://www.dynacast.com

American Industrial Partners Completes the Acquisition of Moly-Cop

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JAN. 3, 2017 – American Industrial Partners completed the purchase of the entities comprising Arrium Mining Consumables Division (“Moly-Cop”). Under the terms of the Share Sale Agreement, the total enterprise value is USD$1.23 billion.

The announcement follows a competitive dual track divestment process conducted by Deutsche Bank over a five month period which simultaneously considered an Initial Public Offering of Moly-Cop on the Australian Securities Exchange and a broad trade sale process. The consideration achieved in this transaction exceeds the final offer price under the prior 2015 divestment process.

Scott Kershaw, Partner at KordaMentha, stated: “The sale of Moly-Cop is the first step in realizing value with the sale process for the remainder of the Arrium business ongoing.”

John Barbagallo, CEO of Moly-Cop said: “The sale of Moly-Cop brings certainty and confidence for our customers, suppliers, and employees. The Moly-Cop team looks forward to working with American Industrial Partners to grow the business and achieve our long-term strategic goal of being the leading supplier of consumable products to the mineral processing industry.”

Richard Hoffman, Partner with American Industrial Partners, said: “Moly-Cop is a world class company and the innovator in its industry. We are strong advocates of the operating strategies that have been implemented by Moly-Cop management and we intend to continue to invest in the business and its growth, further building upon Moly-Cop’s leadership position in its industry.”

About American Industrial Partners

American Industrial Partners is an operationally-oriented middle-market private equity firm that makes control investments in industrial businesses serving domestic and global markets. The Firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 65 transactions and currently has USD$3.2 billion of assets under management on behalf of leading pension, endowment and financial institutions. AIP invests in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with revenues of USD$200 million to USD$1 billion+.

About Moly-Cop

Moly-Cop is predominantly focused on the production of forged steel grinding media which is used extensively in the processing of copper, gold and other minerals. Moly-Cop’s products are primarily sold to customers located in North and South America and Australasia. Within these regions, Moly-Cop is the largest supplier of grinding media by sales volumes and is also the largest supplier globally by production capacity. In FY2016, Moly-Cop reported sales and EBITDA of USD$1,021 million and USD$156 million respectively.

Inquiries

For more information about American Industrial Partners, contact:
Ben DeRosa, Partner
212-627-2360, extension 200

Inquiries

For more information about American Industrial Partners, contact:
Daryl Yap, Partner
212-627-2360, extension 219

REV Group acquires Indiana-based Renegade RV

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Dec 30, 2016, 1:53pm CST
Dan Shafer, Reporter
Milwaukee Business Journal

REV Group is acquiring Indiana manufacturer Renegade RV for an undisclosed amount.

REV Group, a Milwaukee-based specialty vehicle manufacturer, said in a press release it will make Renegade RV, which makes recreational vehicles, heavy-duty trailers and specialty vehicles, a part of its REV Recreation Group. The group manufactures Class A and Class C motorhomes under the American Coach, Monaco, Holiday Rambler and Fleetwood RV brand names.

“Renegade RV brings a tremendous reputation and a world-class product portfolio that is highly complementary to our line of great American-made motorhomes,” said Tim Sullivan, CEO of REV Group Inc. (and one of our 17 executives to watch in 2017). “We believe Renegade will quickly contribute strategic value to REV’s mission of better serving customer and dealer needs throughout the country.”

Renegade RV is based in Bristol, Ind., which is near Elkhart, the so-called ” RV Capital of the World” that has garnered national attention for being a key region receiving federal funding from the 2009 stimulus package.

Renegade employs approximately 175 people and occupies a 200,000-square-foot production facility. REV Group said manufacturing operations will remain in place and that “all of its employees will continue to be integral to day-to-day operations and future growth plans.”

Jim Jacobs, president of REV Recreation Group, said Renegade RV is now positioned to “become a preeminent brand in multiple motorized RV segments.”

Mike Lanciotti, president of Renegade RV, said, “I am confident that our alignment with REV Recreation Group will provide us with the financial, engineering and manufacturing resources we need to embark on the next phase of growth for our company.”

In the release announcing the acquisition, REV Group also said it is now a $2.2 billion company. In a recent SEC document relating to filing for a $100 million IPO, the company reported $30 million in profits in 2016.

Dan Shafer is a reporter covering manufacturing and the travel and tourism industries for the Milwaukee Business Journal.