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— Wisconsin’s top elected officials and university leaders will be joined by the CEOs of many prominent state businesses at a daylong conference on the UW–Madison campus sponsored by the Wisconsin Business Council in partnership with the Wisconsin School of Business. Gov. Jim Doyle and Attorney General J.B. Van Hollen will be joined by UW–Madison Chancellor Biddy Martin, former UW System President Katharine Lyall and business leaders including Scott VanderSanden, president and CEO, AT&T Wisconsin; Neal Verfuerth, CEO, Orion Energy Systems; Tim Sheehy, president, Milwaukee Metropolitan Association of Commerce; Paul Carbone, director of the private equity group for Robert W. Baird & Co.; and former Department of Administration Secretaries James R. Klauser, recently retired as a senior vice president of We Energies and Marc Marotta, a partner at the Foley & Lardner law firm. See details: — Gov. Jim Doyle announced that more than 1,000 dislocated workers from six Wisconsin companies are eligible to apply for additional re-employment and training services under the federal Trade Adjustment Assistance program. See the release:
— Southwest Airlines President and CEO Gary Kelly declared that “high fares are going to be a thing of the past in Milwaukee” with the company’s entry into the Milwaukee marketplace. On the most recent episode of “UpFront with Mike Gousha” Kelly said that Southwest offers an average of 50 to 55 daily departures in major cities it serves, and that the potential for growth in Milwaukee is limited only by demand. “We’ve got the people, we’ve got the airplanes to expand as much as our customers want in that market,” Kelly said. Kelly said the Milwaukee operation will initially employ 40 to 50 people, which would increase if more departures are added. Watch UpFront online: http://www.wisn.com/upfront/21490069/detail.html
TOP STORIES Southwest marks launch of Mitchell service: Southwest Airlines, the largest discount air carrier in the country, officially launched service at General Mitchell International Airport in Milwaukee on Nov. 1 with service to six cities. Oshkosh Corp. closes fiscal 2009 at $1.1B loss: Despite a robust fourth quarter flush with military orders, weakness in Oshkosh Corp.’s access and commercial vehicle segment cut deeply into the bottom line, leading to $1.1 billion net income loss in fiscal 2009, the company reported today. Appleton’s RiverHeath selected for $1 million federal stimulus grant: Assuming final approval by the U.S. Department of Energy, the $978,168 in economic stimulus money will be used to pay for construction of an innovative, geothermal exchange system intended to significantly reduce cooling and heating costs for RiverHeath, a $55 million residential and commercial complex.
************************************************************ 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) – Esker Technologies receives state loan
ECONOMY (back to top) – Valuing supplier diversity: Minority vendors lose out as firms consolidate suppliers – Milwaukee: City may use water to lure businesses
MANUFACTURING (back to top) – Pabst Brewing Co. for sale once again – Regal-Beloit earnings down in 3rd quarter
LABOR (back to top) – Nonprofits trim hiring, eye real estate for revenue – Dairyland workers heading to Madison – Four jobseekers for every online job ad
SMALL BUSINESS (back to top)
INVESTING (back to top) – Sonic Foundry plans reverse stock split
REAL ESTATE (back to top) – Ho-Chunk buy rejected Beloit casino site – Oak Creek hotel project lands state funds – Commercial bankruptcies rise nationally – Towne buys future Actuant headquarters in Falls
AGRIBUSINESS (back to top)
TRANSPORTATION (back to top)
RETAIL (back to top) – Wal-Mart to donate food, Madison-made trucks to food banks nationwide – Brookfield Pick ‘n Save to be expanded – Blockbuster closes local stores in downsizing
REGULATION (back to top) – Board suspends Greenfield appraiser’s license
UTILITIES (back to top)
FINANCIAL SERVICES (back to top)
MANAGEMENT (back to top) – Baird names chief operating officer
PRESS RELEASES (back to top) For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82 |
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