— Gov. Jim Doyle has signed an agreement with leaders from seven Midwestern states to work together to get federal money to develop the Midwest high-speed rail corridor. The agreement, announced at the Midwest High Speed Rail Summit in Chicago, establishes a steering group to coordinate state applications for high-speed rail to the U.S. Department of Transportation. The agreement also recognizes the priorities of establishing high-speed rail service from the Chicago Hub to Milwaukee and Madison, as well as conventional rail to Green Bay and to the Twin Cities. See details: http://wispolitics.com/index.iml?Article=165519 — From Buffalo County to Beaver Dam, Wisconsin companies continue to profit from organic farming despite the recession and the threats of climate change. Some of the reasons for optimism are projections of a growth market in organics, studies showing how organic farming helps keep soil nutrient rich, and the support of the Obama administration. Organic farming advocates were encouraged by some of the pledges from Secretary of Agriculture Tom Vilsack, who recently appeared at the La Crosse Interstate Fair. See more soon in a new GreenBiz column at http://www.wisbusiness.com — Rockwell Automation, Inc. today reported its fiscal 2009 third quarter net income was $32.8 million or $0.23 per share, compared to $152.6 million or $1.03 per share in the third quarter of fiscal 2008. See the earnings release: http://www.businesswire.com/news/home/20090728005556/en — The Manitowoc Company, Inc. today reported sales of $1.035 billion for the second quarter of 2009, down 13.1 percent from $1.191 billion in the second quarter of 2008. The sales decrease was due primarily to a 39 percent decline in crane sales, partially offset by the additional revenues due to the acquisition of Enodis plc in October 2008. See the release: http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/07-27-2009/0005066898&EDATE= TOP STORIES Chinese development group acquires land in Mount Pleasant: The China SINB Group has purchased a 54-acre parcel located on Highway 11 in Mount Pleasant for $850,000. British billionaire Branson to make announcement at EAA that could be worth ‘millions’: A British billionaire who is financing efforts to create commercial space travel says he has something important to announce in Wisconsin. Papermaker Appleton exploring Merrill sale: Papermaker Appleton is exploring the sale of its Merrill subsidiary, C&H Packaging Co., to focus on plastic film production. Kohl’s Department Stores ninth on EPA clean energy list: Kohl’s Department Stores and the state of Wisconsin are helping to steer the nation toward a clean energy economy, the federal Environmental Protection Agency says.
************************************************************ See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler: ************************************************************ TECHNOLOGY (back to top)
ECONOMY (back to top)
MANUFACTURING (back to top) – Mercury Marine contract remains closed for time being – Albany International to close Tennessee plant – Actuant completes sale of business unit
LABOR (back to top) – Survey: Merrill wants jobs – Machinists union wants Doyle involved in Mercury Marine negotiations
INVESTING (back to top) – Gabelli buys more Journal stock – Manitowoc swings to a second-quarter loss
REAL ESTATE (back to top) – Dane County home sales dropped in June – Workshop Architects gaining national recognition – Tighter rules sought for Bay View development
AGRIBUSINESS (back to top) – Wisconsin Farmers Finally Get Rain, But Some Get Too Much – Author promotes investing in sustainable local food sources
TRANSPORTATION (back to top) – Doyle enters Midwest pact to pursue high-speed rail funds
RETAIL (back to top) – Sears spot pokes fun at Favre indecision – Dealerships vie for ‘clunkers’
REGULATION (back to top)
UTILITIES (back to top)
HEALTH CARE (back to top) – Wisconsin Rapids: Aspirus clinic plan moves ahead
MANAGEMENT (back to top) PRESS RELEASES (back to top) For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82 |
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