(WisBusiness) MON News Summary — 28 Sept. 2009

MON WisBusiness News Summary
28 September 2009
Exclusively for WisBusiness Subscribers


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From WisBusiness.com …

— The Dow Jones opens the week looking to recover ground after a down week. It opens at 9,665, down more than 150 points from last week’s open.

The WisBusiness index dropped as well. It opens at 1,717, down more than 50 points from last week’s open.

The dip in the Wisconsin index comes despite a positive week from Mercury Marine’s parent company Brunswick.

In the three weeks since Mercury said it would stay in Wisconsin, its stock is up nearly 25 percent, including a 15 percent gain on Friday after an analyst upgraded the stock.

— Wisconsin Manufacturers and Commerce says a new statewide poll of voters found 62 percent say Wisconsin should not enact its own global warming policies, favoring national and international approaches. Meanwhile 27 percent say it’s a problem Wisconsin should address.

The poll also foiund 68 percent of respondents oppose increased renewable energy mandates when told of increased costs on their electric bill.

The phone survey of 500 Wisconsin voters was conducted by telephone Sept. 15 and 16 by Public Opinion Strategies of Alexandria, Va.

See details on the poll: http://www.wisbusiness.com/index.iml?Article=171549

— The Wisconsin Economic Development Association, Competitive Wisconsin, Inc., and the Wisconsin Counties Association announced a partnership to create a long-range economic development strategy for Wisconsin.

The partners will hire an independent third party organization to an analysis of Wisconsin’s overall regional, national and global economic development competitiveness. This analysis will offer recommendations to align and advance local, regional and statewide economic development efforts.

See details: http://wispolitics.com/index.iml?Article=171500

— State exports were down by more than 20 percent through the first half of the year, according to statistics from the U.S. Census Bureau.

See more below in TOP STORIES

— E-registration for tomorrow’s WisPolitics.com/WisBusiness.com Green Jobs Future event is now closed, but walk-ups are welcome to the 7:15 a.m. event at Discovery World in Milwaukee.

Also, Troy Runge, director of the Wisconsin Bioenergy Initiative, will participate on the panel instead of UW-Madison School of Agriculture Dean Molly Jahn.

The forum is sponsored by the Wisconsin Academy of Sciences, Arts and Letters, UW-Milwaukee, Midwest Renewable Energy Association, We Energies, Wisconsin Environmental Initiative and Johnson Controls. The event is organized by WisPolitics.com/WisBusiness.com with the help of MMAC, Discovery World, and UW-Milwaukee.

Milwaukee Mayor Tom Barrett will provide remarks about his city’s efforts to cultivate green jobs. Other panelists include UW-Milwaukee Engineering School Dean Michael R. Lovell, Tom Boldt, CEO of Boldt Construction, and Clay Nesler, Vice President of, Global Energy and Sustainability, Johnson Controls, Inc.

Contact: greer@wispolitics.com

TOP STORIES
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Wisconsin exports dive 21.5% in 1st half of year: Wisconsin’s exports, from paper products to massive shovels used in coal mines, appear headed for their sharpest yearly decline since at least the 1980s – the latest indicator that the economic slump has been as wide as it is deep. Foreign demand for made-in-Wisconsin goods declined 21.5% in the first six months compared with the same period a year ago, paralleling a 23.8% national decline in U.S. exports, according to the U.S. Census Bureau.

http://www.jsonline.com/business/62273282.html


Manpower to launch public sector subsidiary: Manpower Inc. on Monday launched a new subsidiary, Manpower Public Sector Inc., which will provide consulting and staffing services to the U.S. government.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/28/daily1.html

UW plan to hire union consultant faces questions: A union attempting to organize University of Wisconsin System employees is questioning the administration’s plan to hire an outside consultant to advise top executives on collective bargaining strategy.
http://www.thenorthwestern.com/article/20090928/OSH03/90927067

Hoteliers question Edgewater project: A group of Madison hoteliers is questioning the proposed Edgewater Hotel project, saying it would not produce a marked increase in room taxes and could imperil jobs rather than generate them.
Seven general managers of Madison-area hotels sent a letter to Madison city council members Friday stating their objections.
http://host.madison.com/wsj/news/local/article_3559deae-20cb-5614-ac8b-e51a11077699.html

NIH grant supports schools in gene study: A team of Wisconsin researchers will receive $8 million to develop technology that provides new ways to study genes, the National Institutes of Health will announce Monday. The funding will go to the Wisconsin Center of Excellence in Genomics Science, a collaborative effort between the Medical College of Wisconsin, the University of Wisconsin-Madison and Marquette University.
http://www.jsonline.com/business/62266457.html

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VISIT BIZOPINION FOR BUSINESS-RELATED COMMENTARY

See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler:
http://blogs.wisbusiness.com/bizopinion

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TECHNOLOGY (back to top)
– Journal sells off two Boise AM stations
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/21/daily79.html

– Revenue flowing through pipe makes cable attractive
http://www.jsonline.com/business/62267242.html

– Clean-tech pushed by WARF, bioenergy center
http://www.jsonline.com/blogs/business/61453062.html

BIOTECH (back to top)
– NIH grant supports schools in gene study
http://www.jsonline.com/business/62266457.html

ECONOMY (back to top)
– Milwaukee 7 leaders say economic development efforts continue
http://www.jsonline.com/business/61455437.html

– Slow paddling: With few exceptions, water sports profits drop
http://host.madison.com/wsj/business/article_eff6f530-aa2c-11de-957d-001cc4c002e0.html

– Burke Foundation to give $1 million to Journey House
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/28/story5.html?b=1254110400^2163751

– Two-year UW campus enrollment rises
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/21/daily76.html

– Footlights publisher moves to New Berlin
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/21/daily73.html

– Wisconsin exports dive 21.5% in 1st half of year
http://www.jsonline.com/business/62273282.html

– Sports teams discover that recycling is good business
http://www.jsonline.com/business/62286922.html

MANUFACTURING (back to top)
– Appleton Wire Works founder Albert Bernard Weissenborn among Paper Industry International Hall of Fame inductees
http://www.postcrescent.com/article/20090927/APC03/909270555

LABOR (back to top)
– Last employee to work final shift at A.O. Smith site in November
http://www.jsonline.com/business/61592447.html

– Groups join to oppose mayoral MPS takeover
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/21/daily74.html

SMALL BUSINESS (back to top)
– Lawrence grad moves into self-defense business
http://www.postcrescent.com/article/20090928/APC03/909280457

– New Glarus entrepreneur finds diaper business dandy
http://host.madison.com/wsj/business/article_102ef3d4-d101-53f5-8002-c0e2fe137f5b.html

INVESTING (back to top)
– Market gets no respect; $3 trillion sitting on sidelines
http://www.jsonline.com/business/62267237.html

– Investment managers can go from zero to hero over time
http://www.jsonline.com/business/61592427.html

REAL ESTATE (back to top)
– Architect Kenton Peters draws up an alternative Madison
http://host.madison.com/wsj/news/local/article_b8dfbde8-aab3-11de-81bd-001cc4c002e0.html

– Green Bay: Study: Area health costs increase, but overall, they’re still below state, national averages
http://www.greenbaypressgazette.com/article/20090928/GPG0101/909280505/1978

AGRIBUSINESS (back to top)
– John Oncken: Farmers have no real beef with Pollan, but don’t blame them for obesity
http://host.madison.com/ct/business/article_5702383e-aa1e-11de-a8a3-001cc4c03286.html

REGULATION (back to top)

– Regulators fight pay raises
http://www.jsonline.com/business/61599852.html

TOURISM (back to top)
– Wisconsin also wins gold if Windy City gets 2016 Olympics
http://www.jsonline.com/news/wisconsin/61986037.html

– ‘Discover Wisconsin’ to highlight Wood County tourism
http://www.stevenspointjournal.com/article/20090926/SPJ0101/909260494/1983

FINANCIAL SERVICES (back to top)
– Associated’s OOBA battles online fraud
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/21/daily77.html

– Nasdaq warns Citizens Bank of delisting
http://www.jsonline.com/business/61455067.html

MANAGEMENT (back to top)
– Woody to retire as Ladish CEO
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/21/daily78.html

PRESS RELEASES (back to top)
· Emergency Preparedness Systems: Premiere party for NBC show Trauma Monday September 28
· First Business Bank: Terry Tessier joins First Business Bank
· Foley & Lardner: Named to 2009 InformationWeek 500 list of top technology innovators across America for fourth consecutive year
· Hamilton Wood Type: Matthew Carter unveils his first-ever wood typeface at Hamilton’s first-ever Wayzgoose weekend
· Jacobson Rost: Steve Simoncic named to new post of chief creative officer at independent marketing communications firm Jacobson Rost
· Regal Ware: Production segment to air on Discovery Channel
· Transportation Development Association: Building Wisconsin’s New Economy meeting scheduled for October 1
· U.S. Fish and Wildlife Service: Secretary Salazar announces grants awarded for fish passage improvement on Bad River and Troutmere Creek in Wisconsin
· UW-Madison: UW Foundation President Andrew A. “Sandy” Wilcox to retire
· WARF, GLRBC: Join forces on homegrown “clean” technologies
· Waste Management: Announces AmericanTV to join nationwide electronics recycling Take Back program
· WEDA, CWI, WCA: Diverse coalition formed to create an economic development strategy for Wisconsin
· Wisconsin Public Service: Foundation offers scholarships
· Paragon Development Systems: Offers complimentary regional IT leadership conference

For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82

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