From WisBusiness.com …
— La Causa in Milwaukee filed notice with the state about plans to close its Ongoing Case Management site in Milwaukee and permanently lay off 87 workers on May 15.
See the state filing: http://www.wisbusiness.com/1008/090318lacausa.pdf
— Manitowoc manufacturer Koenig & Vits announced the permanent layoff of 86 workers to take place between May 18 and July 31.
See the state filing: http://www.wisbusiness.com/1008/large/090318koenigvits.pdf
— During a visit to Milwaukee, former Detroit Mayor Dennis Archer expressed optimism the ailing auto industry would rebound and the nation’s economy would turn around under the leadership of the Obama administration.
“I think the industry will turn itself around,” Archer told a Marquette Law School audience as part of the “On the Issues with Mike Gousha” public affairs series.
“I think Obama has a better sense of what would happen if [GM and Chrysler] would go out of business,” he said, adding that the Bush administration was reluctant to help the industry early on.
He said that Obama is surrounded by a very good team, with strong economic people around him.
“We’re going to claw our way out of this economic situation,” Archer said. “I believe we’re on the right track.”
Read more from Archer: http://www.wisbusiness.com/index.iml?Article=152671
— Those running the state’s new Office of Recovery and Reinvestment are pledging to watch “every nickel” of the more than $3.5 billion of federal stimulus money set to flow to Wisconsin.
Listen to audio from a recent luncheon with MG&E’s Gary Wolter, who’s taking a leave to run the new office for Gov. Jim Doyle: http://www.wisbusiness.com/index.iml?Article=152670
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Press Releases
· ActionCOACH of Elm Grove: Announces GrowthCLUB quarterly planning day on April 3, 2009
· Applied Tech: Provides green IT makeover contest winner, Clean Wisconsin, with $25,000 worth of green IT products and services
· Capitol Lakes: Madison firm wins Silver Design Award
· Children’s Hospital and Health System: Children’s Hospital of Wisconsin retains Magnet status for nursing excellence
· Dept. of Workforce Development: Secretary announces additional assistance for dislocated workers at Trane Commercial Systems in La Crosse
· Environmental Law and Policy Center: Study finds Wisconsin businesses and residents can save $2.3 billion through energy conservation
· Focus on Energy: Announces grants for large renewable energy projects
· Go Wild With Birds: New business in Menasha is for the birds!
· Hoffman LLC Construction Professionals: Earn LEED® accreditation
· Mayfair Foot Clinic: Milwaukee toenail fungus sufferers finally get relief with laser-light treatment
· RedPrairie: Enhances Enterprise Visibility solution with updated sourcing and recall capabilities
· Tushaus: Achieves Gold Channel Partner with Symantec Corporation
· UW-Madison: Forward under 40 awards honor outstanding UW-Madison alumni
· UW-Whitewater: University receives $60,000 grant to study effects of personal care products
· Wisconsin Credit Union League: Credit unions reporting incidents of automated phone calling scams
For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82
TOP STORIES
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ThyssenKrupp in Waupaca to lay off 160 workers; auto industry woes blamed: The anemic auto and truck market has dealt a new blow to one of this city’s major employees. ThyssenKrupp Waupaca, a foundry that employs close to 1,400 here, Wednesday announced plans to lay off 160 workers effective April 3.
http://www.postcrescent.com/article/20090319/APC0101/903190535/1979
Harley-Davidson receives extension on $500 million loan: Harley-Davidson Inc. has amended a debt agreement, extending the term on a $500 million loan until March 17, 2010, the company announced in a federal regulatory filing.
http://www.bizjournals.com/milwaukee/stories/2009/03/16/daily52.html
Survey: Wisconsin is ninth-worst state for business: Wisconsin is the ninth-worst state in which to do business, according to a survey by Chief Executive magazine. The magazine polls chief executives across the country and ranks the states on what it calls “a broad range of issues” including natural resources, regulation, tax policies, quality of living, education and infrastructure.
http://www.bizjournals.com/milwaukee/stories/2009/03/16/daily43.html
Charter cable reports $1.5 billion loss: Cable operator Charter Communications says its loss for the fourth quarter widened from a year ago. The company also said one of its subsidiaries, CCH II LLC, will not make a scheduled interest payment on some of its debt.
http://www.postcrescent.com/article/20090319/APC03/903190522/1028
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WISBUSINESS FEATURED COLUMNISTS
– GREGG HOFFMANN: Contributor, WisBusiness.com
– TOM STILL: President, Wisconsin Technology Council
– JENNIFER SERENO: Senior manager, Wood Communications Group
– STEVE JAGLER: Executive editor, Small Business Times
– TOM BURZINSKI: IT executive and consultant
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ECONOMY (back to top)
– Public radio feels budget squeeze
http://www.madison.com/tct/news/stories/443633
– Jacobson Rost opens Boston-area shop
http://www.bizjournals.com/milwaukee/stories/2009/03/16/daily45.html
MANUFACTURING (back to top)
– Truck imposes temporary layoffs
http://www.thenorthwestern.com/article/20090319/OSH0101/903190327/1987
– Waunakee company Tormach: ‘Our mission is to help people make things’
http://www.madison.com/wsj/home/biz/
– Actuant 2Q earnings fall 85 percent
http://www.bizjournals.com/milwaukee/stories/2009/03/16/daily41.html
– Midwest manufacturing falls 6% in January
http://www.jsonline.com/business/41434907.html
SMALL BUSINESS (back to top)
– Locker’s florists now owned by Iowa bank
http://www.jsonline.com/business/41469317.html
REAL ESTATE (back to top)
– Green Bay plans $3.5M in loans to developer
http://www.greenbaypressgazette.com/article/20090319/GPG0101/903190663/1978
AGRIBUSINESS (back to top)
– Doyle: We’re Not Going to Let the Dairy Industry Slide
http://www.wisconsinagconnection.com/story-state.php?Id=342&yr=2009
TRANSPORTATION (back to top)
– Midwest suspends plans to rehire flight crews
http://www.jsonline.com/business/41437037.html
RETAIL (back to top)
– North Shore’s Cub Foods branches to move
http://www.greenbaypressgazette.com/article/20090319/GPG03/903190609/1247
– Valentina is mainstay on the Milwaukee boutique scene
http://www.jsonline.com/business/41469327.html
REGULATION (back to top)
– AIG’s Liddy: Payments ‘distasteful’; Obey backs taxing bonuses
http://www.bizjournals.com/milwaukee/stories/2009/03/16/daily47.html
TOURISM (back to top)
– Tourism outlook not so bad
http://www.sheboyganpress.com/article/20090315/SHE03/903150480/1096
FINANCIAL SERVICES (back to top)
– Church Mutual surpasses 100,000 institutional accounts
http://www.wausaudailyherald.com/article/20090319/WDH03/903190396/1618/WDH03
– First Business profit down just slightly in 2008
http://www.madison.com/tct/business/443514
– Associated’s Binder elected to American Bankers Association board
http://www.bizjournals.com/milwaukee/stories/2009/03/16/daily44.html
MANAGEMENT (back to top)
– Bemis CEO pay at $2.9M
http://www.postcrescent.com/article/20090319/APC03/903190539/1028
– Bon-Ton extends CEO Bergren’s contract
http://www.bizjournals.com/milwaukee/stories/2009/03/16/daily51.html
– Modine’s Americas executive Cromwell resigns
http://www.bizjournals.com/milwaukee/stories/2009/03/16/daily42.html
Media Partners
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