From WisBusiness.com … Doyle made the announcement during an appearance at the BIO 2010 Conference in Chicago. “The Wisconsin Institutes for Discovery will bring together the brightest researchers in nanotechnology, biotechnology, engineering and information technology in a public-private partnership to embark on cutting-edge research and create good-paying jobs,” the governor said in a statement. Doyle also announced that Madison’s Monona Terrace will host the 2011 Small Business Innovation Research National Conference, set for April 11-13 of next year. Doyle said the conference is projected to draw 850 attendees. In addition, the governor announced the foundation of a state Clean Energy Generation, Transmission and Storage Systems Consortium. The initiative seeks to join business and government partners with both public and private higher education institutions throughout Wisconsin. See more BIO 2010 coverage: — Commerce Secretary Aaron Olver has reached out to Harley-Davidson to offer the state’s help to the motorcycle manufacturer as it looks to cut $54 million in expenses. Commerce spokesman Tony Hozeny says the current state budget provided “powerful and flexible new tools, from enterprise zones to consolidated tax credits” to help businesses. “The company would be eligible for any of these tax credits, plus many of our financing programs,” Hozeny said in an e-mail. “We can’t speculate at this time which programs would be most useful, but when and if the company identifies specific needs, we will determine the best match among our many assistance programs.” Rebekah Sweeney, spokeswoman for Assembly Speaker Mike Sheridan, said R&D tax credits approved in the budget could specifically benefit Harley-Davidson. TOP STORIES Related: Great Wolf’s losses widen: Madison-based Great Wolf Resorts Inc. reported Tuesday that its loss for the first quarter widened compared to last year’s financial results. Great Wolf, which operates water park resorts, said it lost $8.1 million, or 26 cents a share, for the period ending March 31, compared to $5.6 million, or 18 cents a share, from the year-earlier period. Related: Federal Mogul to add 160 jobs in Manitowoc; Piston ring plant’s planned 2011 closure is blow to Schofield, boost to Lakeshore: The decision by Federal Mogul Powertrain Systems to close a plant in Schofield by March 2011 will result in 160 jobs being added to the company’s piston ring facility in Manitowoc, a spokesman for the Southfield, Mich.-based manufacturer, said Tuesday. More than 200 employees will lose their jobs at the Federal Mogul plant near Wausau, said Jim Burke, corporate communications director. Related: Higher rates help boost Alliant utilities: Alliant Energy Corp. of Madison reported Tuesday that its utility operations benefited from rate increases, weather and lower capacity costs in the first quarter of 2010. Related: – Profit dips for Wisconsin Energy Anheuser-Busch to be NFL beer sponsor in $1B deal: Anheuser-Busch’s flagship brand Bud Light will be the official beer sponsor of the National Football League, edging out rival MillerCoors, which said Tuesday it wouldn’t renew its deal. Related: Cash cows no longer; Dairy farmers getting milked in tough economy: After hitting record highs in early 2008, milk prices crashed during the recession, and many farmers posted huge losses and piled on debt to avoid losing the farm. While the situation has been tempered this year as milk prices have slowly crept up, the troubles linger, as prices still haven’t reached levels where most farmers can even turn a profit. And the consequences of a prolonged slump continue to grow. Doyle: New UW Research Center To Open In December: Gov. Jim Doyle said two cutting-edge research centers at the University of Wisconsin-Madison will open in December. Doyle announced at a biotechnology conference in Chicago on Tuesday the Wisconsin Institutes for Discovery will open its doors just before he leaves office in January. ************************************************************ See commentary from around the state and columns from ************************************************************ TECHNOLOGY (back to top) – Madison will host national business conference – AT&T agrees to settle lawsuit over slow Internet speeds BIOTECH (back to top) – What are biotech’s challenges, chances? ECONOMY (back to top) MANUFACTURING (back to top) LABOR (back to top) SMALL BUSINESS (back to top) INVESTING (back to top) REAL ESTATE (back to top) – Wauwatosa approves UW-Milwaukee campus plan – Madison: Common Council Votes In Favor Of New Library – Waterstone Mortgage opens S.C. office – Home sales see slight rise AGRIBUSINESS (back to top) – Workshops for Reducing Pesticides on Apples, Cherries & Grapes – State Cheese Production Lower in March, Up Nationally TRANSPORTATION (back to top) – Green Bay: Military Avenue roadwork slow-going as wet soil conditions pose problems for $12M project – Reconstruction of College Avenue bridge in Appleton earns awards from American Concrete Pavement Association, Wisconsin Builder/Daily Reporter – Gas prices heading up – Operation Air Brake underway today – Debt collector gets 1st crack at overdue Milwaukee train station taxes – Milwaukee losing bang for streetcar bucks – Mitchell sets a single-month record for passenger traffic RETAIL (back to top) – MillerCoors reports small boost in net income – Weyco announces premium Florsheim Ltd. line REGULATION (back to top) – Tentative Senate deal on future big bank failures TOURISM (back to top) – White Gull Inn in Fish Creek a finalist in Good Morning America breakfast battle – Recreational plan for Renard Isle vexes Green Bay City Council – Sturtevant SportsPlex opening Saturday UTILITIES (back to top) – Schools, companies tap renewable energy HEALTH CARE (back to top) – New medical records system could save time and money for Madison-area patients – Cash finally in hand, work begins on new Edgerton Hospital – Assisted Living Concepts posts profit FINANCIAL SERVICES (back to top) – Amcore Financial gets default notice from JP Morgan Chase – Anchor BanCorp gets credit extension MANAGEMENT (back to top) – Former Buchner office manager faces $10,000 bond – Banking exec joins Orion Energy board BUSINESS COLUMNS (back to top) PRESS RELEASES (back to top) · Adams Outdoor Advertising: Named OBIE Finalist For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82 |
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