(WisBusiness) TUES News Summary — 19 May 2009

TUE WisBusiness News Summary
19 May 2009
Exclusively for WisBusiness Subscribers



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From WisBusiness.com …

— Gov. Jim Doyle called the statewide workplace smoking ban a “great step forward” as he signed it into law Monday.

The signing comes less than a week after a compromise version passed both houses of the Legislature.

Than ban takes effect July 5, 2010, and includes taverns and restaurants. But it exempts tribal casinos, existing cigar bars and specialty tobacco shops. Businesses would still be able to allow smoking on outside patios.

At a signing ceremony at Cempazuchi, a smoke-free restaurant on Milwaukee’s east side, Doyle praised the Legislature for passing the ban, which he said will be good for public health and ultimately for business.

— The 2009 BIO International Convention is running this week in Atlanta against the backdrop of the toughest economic times ever witnessed by the still-young biotech industry. Venture capital investments in biotech companies have plummeted since the last BIO convention and Wisconsin biotech and life sciences companies are not immune from those global trends.

But the Wisconsin Tech Council’s Tom Still says Wisconsin’s historic strengths and recent commitments should help it remain among those states that may surge ahead once the recession ends.

Read more in the BIO Blog: http://blogs.wisbusiness.com/bio/

Gov. Jim Doyle is heading to the convention today, according to his office. He will return Wednesday night or Thursday morning.

— University of Wisconsin-Whitewater and city officials have taken a major step toward the development of a joint technology park that could bring hundreds of new jobs to the community.

The city and the Whitewater Community Development Authority have agreed to locate the Whitewater University Technology Park in the southeastern section of the existing city Business Park, house the planned UW-Whitewater Innovation Center on the site and to acquire additional land for the entire project.

The project is estimated to cost approximately just over $10 million, according to UW-Whitewater Chancellor Richard Telfer. A major part of the park is the Innovation Center, budgeted to cost approximately $5 million. The Technology Park Board is applying for a $3.4 million federal Economic Development Administration grant.

See details: http://wispolitics.com/index.Iml?Article=158950

— Eight leaders from Wisconsin’s tech and engineering industries, private equity and political sectors have been unanimously approved to serve on the Wisconsin Technology Council Board of Directors.

Among the new additions: Charlie Hoslet, managing director of the UW-Madison Office of Corporate Relations, and state Sen. Jim Sullivan, D-Wauwatosa.

See the complete list of new additions and their bios: http://www.wisbusiness.com/index.Iml?Article=159016

TOP STORIES
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Dr Pepper Snapple buys Sheboygan distributor: Dr Pepper Snapple Group said Monday that it has acquired a Wisconsin distributor, Seven-UP Bottling Co. of Sheboygan. Terms of the transaction were not disclosed.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily15.html

‘Stress’ tests on M&I reach contradictory results: Two new independent analyses of small- to mid-sized banks reached different conclusions on whether Marshall & Ilsley Corp. might need to raise capital to withstand further deterioration in the economy.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily16.html

Wisconsin Gov. Jim Doyle signs statewide smoking ban: Gov. Jim Doyle signed Wisconsin’s smoking ban into law Monday, snuffing out a smoldering argument that for years pitted anti-smoking advocates against bar owners and patrons.
http://www.postcrescent.com/article/20090519/APC0101/905190458/1979

Chrysler expands buyout offer for Kenosha workers : Chrysler LLC said Monday that it has expanded its buyout offers for workers at the Kenosha engine plant and five other factories scheduled to shut down by the end of next year.
http://www.jsonline.com/business/45298067.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)
– Bosses concerned about Facebook, Twitter
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily19.html

BIOTECH (back to top)
– Manitowoc couple sees benefits in pig-fat fuel
http://www.greenbaypressgazette.com/article/20090519/GPG03/905190434

– Kagen’s New Energy Plan Aims to Boost Local Biofuels Production
http://www.wisconsinagconnection.com/story-state.php?Id=604&yr=2009

ECONOMY (back to top)
– Madison job growth ranks in the middle of the pack
http://www.madison.com/tct/mad/topstories/451443

– State dealerships facing closure considering their next steps
http://www.jsonline.com/business/45301832.html

MANUFACTURING (back to top)
– Higher ethanol blend could ruin small engines, makers say
http://www.jsonline.com/business/45370577.html

LABOR (back to top)
– Cuts, furloughs in neighboring states show what could come in Wisconsin
http://www.madison.com/tct/news/451694

SMALL BUSINESS (back to top)
– Left brain vs. right brain: Marketing mavericks complement each other
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/smallb1.html?b=1242619200^1828343

– Benson receives national SBA award
http://www.madison.com/wsj/home/biz/451635

REAL ESTATE (back to top)
– B’Gosh to lease or sell its downtown Oshkosh buildings
http://www.thenorthwestern.com/article/20090519/OSH0101/905190400/1987

– UW-Whitewater, city agree on tech park location
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily12.html

– Local housing market still in doldrums
http://www.madison.com/tct/news/stories/451695

AGRIBUSINESS (back to top)
– More Crops Are Finally Planted, but Farmers Need Heat
http://www.wisconsinagconnection.com/story-state.php?Id=607&yr=2009

RETAIL (back to top)
– Wausau’s Crossroad Cinema screens go dark forever
http://www.wausaudailyherald.com/article/20090519/CWS03/305190054/

REGULATION (back to top)
– Appleton paved way for Wisconsin’s smoking ban
http://www.postcrescent.com/article/20090519/APC0101/905190456/1979

– Build-A-Bear fined for child labor law violations
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily14.html

– Coming Gorham eateries get outdoor dining OK
http://www.madison.com/tct/business/451693

UTILITIES (back to top)
– Wind energy company’s sales up 49%
http://www.jsonline.com/business/45301372.html

HEALTH CARE (back to top)
– Wisconsin No. 2 in swine flu cases
http://www.postcrescent.com/article/20090519/APC0101/905190465/1979

MANAGEMENT (back to top)
– Quarles & Brady names new Phoenix managing partner
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily20.html

– Binder to get $1.65 million in agreement
http://milwaukee.bizjournals.com/milwaukee/stories/2009/05/18/daily6.html

PRESS RELEASES (back to top)
· American Cancer Society: Statement on smoke-free bill signing
· Anthem Blue Cross and Blue Shield in Wisconsin: Applauds passage of statewide smoke-free workplaces law
· UW-Whitewater: University, city agree on technology park location
· Walmart: Wins business environmental award
· Wisconsin Association of Health Plans: Applauds enactment of smoking ban as a major step toward better health, lower health care costs
· Wisconsin Dental Association: Five Wisconsin communities’ fluoridation efforts recognized nationally
· WPHA, WALHDAB: New smoke-free law will improve Wisconsin’s public health

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

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