From WisBusiness.com …
— In his first column for WisBusiness, financial adviser Kevin McCarthy offers his advice about how a Roth IRA can defeat your retirement nightmares in one swoop — without necessarily locking up you money until you’re (even) older and grayer.
Read his column: http://www.wisbusiness.com/index.iml?Content=214
— Sitel Corp. in Madison has notified the state about 82 layoffs effective April 12.
See details: http://www.wisbusiness.com/1008/090213sitel.pdf
— Jessica Erickson has been announced as executive assistant for the Department of Workforce Development, replacing Hector Colon as he moves to become executive assistant for the state Department of Regulation and Licensing.
Erickson most recently served in state government as press secretary for Gov. Jim Doyle and as communications director at the Department of Workforce Development, where she played a key role in helping to develop and advance Governor Doyle’s Grow Wisconsin: The Next Steps agenda.
See more on Erickson: http://www.wisbusiness.com/index.iml?Article=149099
Colon previously served as the director of economic development for the Wisconsin Housing and Economic Development Authority. He was also legislative fiscal manager for the city of Milwaukee, an associate executive director for the United Community Center and assistant director at Wisconsin Correctional Services.
See more on Colon: http://wispolitics.com/index.iml?Article=149108
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REGISTER NOW: FOCUS ON MIDWEST ENERGY CONFERENCE II
Feb. 23, 2009 at Monona Terrace in Madison
Conference includes: U.S. Rep. Tammy Baldwin; Obama environmental adviser Howard Learner; Gary Mar, Alberta’s official representative to the United States; and David K. Owens, executive vice president of business operations at the Edison Electric Institute. For more information, see a recent press release: http://www.wispolitics.com/index.iml?Article=147100
Sponsors for this event include Xcel Energy, American Transmission Company, Virchow, Krause & Company, the Wisconsin Petroleum Council, Alliant Energy and Dominion. The government of Canada and Wisconsin Environmental Initiative are event partners.
The event is open to the public. Individual tickets cost $75 each. Tables are available for purchase on a first-come, first-served basis at a cost of $600. Student discounts also will be available. The ticket price includes food.
For more information or to register, contact Jim Greer at 608-237-6296 or greer@wispolitics.com.
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THANKS TO OUR WISBUSINESS SPONSORS
- University of Wisconsin-Milwaukee
- Madison Gas & Electric
- University Research Park
- Wisconsin Technology Council
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Press Releases
· AG Van Hollen: Milwaukee hazardous waste transporter ordered to halt accumulation of waste until it complies with state law
· CHS: Distributes record $14.3 million to Wisconsin owners
· Dept. of Regulation and Licensing: Hector Colon new DRL executive assistant
· DWD: Secretary Gassman appoints Jessica Erickson as executive assistant
· Integrys Energy Group: Peoples Gas and North Shore Gas seek rate increase due to a number of factors
· Stevens Construction Corp.: New management structure sets course to excel through turbulent economy
· UW-Madison: iPhone sleep improvement application wins at UW-Madison innovation competition
· Wisconsin Industrial Energy Group: Wisconsin industrial customers applaud PSCW decision – commission reverses mandate to lobby legislature in support of Governor’s Global Warming Task Force
· Wisconsin Medical Society: Martial arts offer ‘better overall health and balance’
· Wisconsin Petroleum Marketers and Convenience Store Association: Open letter to AG Van Hollen
For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82
TOP STORIES
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Ashley Furniture to cut 90 jobs: Ashley Furniture Industries has an-nounced it will cut 90 people, about 3 percent of its Wisconsin workforce. Todd Wanek, CEO of the Arcadia-based company, said Friday the struggling housing market has reduced demand for home furnishings.
http://www.lacrossetribune.com/articles/2009/02/14/news/z01ashley.txt
Telemarketing firm Sitel laying off 82: In a notice sent to the Department of Workforce Development, outsourcing and telemarketing firm Sitel said it is laying off 82 people in its Madison office on Deming Way, and that those layoffs are likely to be permanent.
http://www.madison.com/tct/business/438481
Mercury Marine announces 85 permanent job reductions: Fond du Lac’s Mercury Marine confirmed Friday that 85 permanent job reductions have taken place and a two-week temporary shutdown is taking place for portions of the plant beginning Monday. The job reductions were hourly and salaried workers from sales, marketing and manufacturing areas of the operation, said Ray Atchinson, Mercury vice president of human resources.
http://www.thenorthwestern.com/article/20090213/OSH03/302130080/1167
Pacon Corp. to add 40 paper converting positions in Fox Cities: Paper converter Pacon Corp. plans an expansion that will add up to 40 jobs to its Fox Cities work force. At the same time, it will shutter the Iowa facility it acquired in 2007 from Riverside Paper. In announcing the plans Thursday, the company said it hopes to take advantage of synergies to drive its business forward.
http://www.postcrescent.com/article/20090213/APC03/902130502/1028
Auto dealer Russ Darrow to hire 55 more employees: Despite slow times in the automotive industry, Russ Darrow Group, one of the largest dealerships in southeast Wisconsin, said it has 55 openings and will hold a job fair next week to accept applications. Menomonee Falls-based Darrow Group is seeking employees in sales, maintenance and repair and administration and hopes to fill the positions by March 1.
http://www.bizjournals.com/milwaukee/stories/2009/02/09/daily65.html
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WISBUSINESS FEATURED COLUMNISTS
– GREGG HOFFMANN: Contributor, WisBusiness.com
– TOM STILL: President, Wisconsin Technology Council
– JENNIFER SERENO: Senior manager, Wood Communications Group
– STEVE JAGLER: Executive editor, Small Business Times
– TOM BURZINSKI: IT executive and consultant
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TECHNOLOGY (back to top)
– Update: FOX 47 changes course, will keep broadcasting analog to June 12
http://www.madison.com/tct/business/438205
ECONOMY (back to top)
– Area lumberyards get by in housing downturn
http://www.greenbaypressgazette.com/article/20090215/GPG03/902150714/1247
– If crude oil is cheap, why isn’t gas?
http://www.madison.com/tct/business/438690
– Jobs report shows recent losses
http://www.jsonline.com/business/39622822.html
MANUFACTURING (back to top)
– Mining equipment makers ponder uncertain future
http://www.jsonline.com/business/39596227.html
– Husco has cut local factory jobs nearly 50%
http://www.jsonline.com/business/39599632.html
– Tufco Technologies breaks even
http://www.bizjournals.com/milwaukee/stories/2009/02/09/daily66.html
LABOR (back to top)
– A few tips can help through a layoff
http://www.greenbaypressgazette.com/article/20090216/GPG03/902160558/1247
– Some Wisconsin public employees to get a raise in their retirement accounts
http://www.madison.com/wsj/home/biz/438403
– White-collar workers hit by recession
http://www.jsonline.com/business/39650377.html
INVESTING (back to top)
– Bemis Co. boosts shareholder dividend
http://www.postcrescent.com/article/20090215/APC03/902150537/1028
– Harley-Davidson slashes dividend
http://www.thenorthwestern.com/article/20090214/OSH03/302140021/1167
AGRIBUSINESS (back to top)
– Dairy Prices to Trigger MILC Payments
http://www.wisconsinagconnection.com/story-state.php?Id=198&yr=2009
TRANSPORTATION (back to top)
– The state of freight: Diversification of customer base has insulated rail carrier Wisconsin & Southern during downturn
http://www.madison.com/wsj/home/biz/438454
– AirTran Airways may need more gates at Mitchell International
http://www.bizjournals.com/milwaukee/stories/2009/02/16/story9.html?b=1234760400^1778454
RETAIL (back to top)
– Wayne’s Piggly Wiggly in Winneconne to offer more items and variety
http://www.thenorthwestern.com/article/20090215/OSH03/902150471/1167
– New owners find Omro prime for grocery store
http://www.thenorthwestern.com/article/20090215/OSH03/902150404/1167
– Hy-Vee space at Westgate Mall about ready for demolition
http://www.madison.com/wsj/home/biz/438412
– Customers at Thief Wine Shop & Bar are looking for a steal
http://www.jsonline.com/business/39622837.html
– Telecom firm closes Fox Point retail store
http://www.bizjournals.com/milwaukee/stories/2009/02/09/daily70.html
REGULATION (back to top)
– Payday loan store to pay $60,000 in settlement
http://www.bizjournals.com/milwaukee/stories/2009/02/09/daily71.html
TOURISM (back to top)
– Despite economic downturn, casinos still draw crowds
http://www.wisconsinrapidstribune.com/article/20090212/WRT03/902120429/1844
– State Fair board cuts track operators
http://www.bizjournals.com/milwaukee/stories/2009/02/09/daily69.html
UTILITIES (back to top)
– Olsen’s Mill Faces Legal Trouble After Ethanol Plant’s Bankruptcy
http://www.wisconsinagconnection.com/story-state.php?Id=195&yr=2009
– PSC won’t require utility to lobby Legislature
http://www.jsonline.com/business/39599642.html
BUSINESS COLUMNS (back to top)
– John Torinus: Research needs development
http://www.jsonline.com/business/39596237.html
Media Partners
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—BusinessWeek
National Business Roundups ( back to top)
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–CNBC BUSINESS NEWS: http://www.cnbc.com
–ABC BUSINESS NEWS: http://abcnews.go.com/sections/business/
–GOOGLE NEWS: http://news.google.com/news/en/us/business.html
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