— GE Healthcare filed notice with the state about permanent layoffs affecting 179 employees at its GE Healthcare Monitoring Solutions plant in Milwaukee. The layoffs will begin on or about June 9 and continue through Dec. 31.
See the state filing: http://www.wisbusiness.com/1008/090409GEhealthcare.pdf
— State employment will fall by 3.7 percent in 2009 and 0.1 percent in 2010 as the manufacturing and trade, transportation and utilities sectors, according to a new Department of Revenue projection.
The report also found personal income growth remains flat in 2009 with a recovery expected to begin next year.
See more: http://www.wisbusiness.com/index.iml?Article=154994
— Raising the tax on beer to strengthen enforcement of drunken driving laws and pay for alcohol treatment is supported by 58 percent of state residents, according to a new poll released by UW Health.
The poll was conducted by the Mellman Group, which surveyed 500 likely Wisconsin voters between Feb. 25 and March 1. The margin of error for the survey is plus or minus 4.4 percent.
See the poll: http://wispolitics.com/index.iml?Article=154971
— A three-man effort to run for spots on the Journal Communications board of directors has been shut down.
The three men — John Torinus, who is chairman of Serigraph Inc. and a Milwaukee Journal Sentinel columnist; former Journal Communications general counsel Paul Kritzer; and former Milwaukee Journal film critic Doug Armstrong — sent a note to supporters this week saying they could not afford to spend the $500,000 to $2 million it would take to run a viable independent proxy campaign. Previously they said they were running for the board to protect the dividend, cease acquisitions of traditional media and pay down debt.
See their letter: http://www.wisbusiness.com/index.iml?Article=155064
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Press Releases
· ActionCOACH of Elm Grove: Announces free “Jump-Start Your Own Economy” workshop on Friday, April 24, 2009
· Alliant Energy: Offers spring storm safety tips
· Clean Wisconsin: Legislation to encourage wind energy production and spark job growth circulating in Capitol
· Dept. of Revenue: Wisconsin quarterly economic outlook released
· File 13 E-waste Solutions, 1-800-GOT-JUNK?: Middleton Clean & Green “E-Waste Disposal Event” set for April 18
· Film Wisconsin: Milwaukee film businesses to Doyle and state legislators: Don’t kill the film manufacturing tax incentives
· Gov. Doyle, Wisconsin Women’s Council: Wisconsin’s Governor’s Trailblazer Awards for Women in Business 2009 winners announced
· MasterGraphics: Specialists to present at upcoming Midwest Infrastructure & GIS Technical Conference
· Mayfair Foot Clinic: New treatment for toenail fungus, used by Milwaukee podiatrist, gets national media attention
· Mount Mary College Women’s Leadership Institute: Presents seminar series for non-profit leaders
· Office of the Commissioner of Insurance: Advances new consumer protections
· Quarles & Brady: Welcomes health law attorney
· RedPrairie Corp.: Fully integrates Fleet and Parcel capabilities with Global Transportation Management solution
· Summit Credit Union: Announces new lineup of free educational seminars
· UW Health: Majority of Wisconsin voters support first beer tax increase in 40 years
· UW-Madison: Ranks sixth in university media study
· UW-Madison: Undergraduate research on display at upcoming symposium
· Wis. Technical College System: Diesel technology instructors keeping up with changing gps and hybrid technologies
· Wisconsin Bio Industry Alliance: Biodiesel Basics #29: Understanding the biodiesel production process
· Wisconsin Civil Justice Coalition, Inc: Trial lawyers, business groups agree on impact of budget provisions
· Wisconsin Rural Partners: Accepts nominations for Wisconsin’s top rural development initiatives and community leadership awards
For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82
TOP STORIES
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Manitowoc plant lays off 103 people: Federal-Mogul’s Manitowoc plant laid off 103 people, about 16 percent of the work force at the piston ring manufacturing plant, a company official said Wednesday.
http://www.greenbaypressgazette.com/article/20090410/GPG03/904100580/1247
Oshkosh Corp. lands $122M order: Oshkosh Corp. announced Thursday the latest order under an existing contract to improve the off-road mobility of Mine Resistant Ambush Protected vehicles for the military.
http://www.postcrescent.com/article/20090410/APC03/904100470/1028
Greenheck lays off 37 in Schofield: Greenheck Fan Corp. laid off 37 office employees at its Schofield facility Wednesday, imposed five-day unpaid furloughs for all U.S. office employees and managers, and froze all office employees’ wages for six months.
http://www.wausaudailyherald.com/article/20090409/WDH0101/904090645/1981
GE Healthcare cutting 179 jobs at Tower Ave. facility : GE Healthcare Ltd. is eliminating 179 jobs at its manufacturing facility at 8200 W. Tower Ave. on Milwaukee’s northwest side, the state Department of Workforce Development said Thursday.
http://www.jsonline.com/business/42771547.html
UPDATE: Judge Says Olsen’s Mill Can be Sold to Bidders:
This week’s developments are part of a complicated and on-going saga directly involved with the financial failures of the Renew Energy ethanol plant in Jefferson–which also filed for bankruptcy in January. Olsen’s is one of the main investors of the plant and controls the factory’s corn purchasing contracts.
http://www.wisconsinagconnection.com/story-state.php?Id=437&yr=2009
MillerCoors switches ad agencies for Miller Lite and MGD: MillerCoors has named DraftFCB as its new agency of record for its Lite brand, replacing Bartle Bogle Hegarty of New York City two years after BBH won the account following a competitive pitch.
http://www.bizjournals.com/milwaukee/stories/2009/04/06/daily57.html
Related: MillerCoors awards Killian’s account to Jacobson Rost
http://www.jsonline.com/business/42745937.html
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TECHNOLOGY (back to top)
– Green Bay start-up buys video production assets
http://www.greenbaypressgazette.com/article/20090410/GPG03/904100575/1247
ECONOMY (back to top)
– Long economic decline may be ending
http://www.postcrescent.com/article/20090410/APC03/904100474/1028
MANUFACTURING (back to top)
– Custom molding offers MCM Composites flexibility
http://www.greenbaypressgazette.com/article/20090410/GPG03/904100576/1247
LABOR (back to top)
– Steelworkers ratify PCA contract that includes Wisconsin workers
http://www.bizjournals.com/milwaukee/stories/2009/04/06/daily59.html
SMALL BUSINESS (back to top)
– Le Mieux & Son receives Toyota award
http://www.greenbaypressgazette.com/article/20090410/GPG03/904100579/1247
– Milwaukee-area small business owners want federal attention
http://www.bizjournals.com/milwaukee/stories/2009/04/13/story5.html?b=1239595200^1809790
– SBA-backed lending up for March, but still weak
http://www.jsonline.com/business/42779957.html
REAL ESTATE (back to top)
– Foreclosures stalled: Fewer homes sold at auction
http://www.bizjournals.com/milwaukee/stories/2009/04/13/story1.html?b=1239595200^1809686
TRANSPORTATION (back to top)
– Burlington, Wittman airports receive stimulus funds
http://www.bizjournals.com/milwaukee/stories/2009/04/06/daily51.html
RETAIL (back to top)
– Most major retailers report sales slump
http://www.bizjournals.com/milwaukee/stories/2009/04/06/daily55.html
– Spring items sell slowly
http://www.jsonline.com/business/42781342.html
– Kohl’s same-store sales beat expectations
http://www.jsonline.com/business/42737872.html
TOURISM (back to top)
– Dairyland racetrack in Kenosha lost $3.44 million in 2008
http://www.jsonline.com/business/42778157.html
UTILITIES (back to top)
– Wisconsin ranks No. 32 in nation for energy costs
http://www.bizjournals.com/milwaukee/stories/2009/04/06/daily52.html
– We Energies projects big rate jumps
http://www.jsonline.com/business/42788907.html
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