(WisBusiness) TUES News Summary — 8 Sept. 2009

TUE WisBusiness News Summary
8 September 2009
Exclusively for WisBusiness Subscribers


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From WisBusiness.com …

— In the wake of Friday’s union vote that keeps Mercury Marine in Fond du Lac, the details of the public incentive package offered to the marine manufacturer are set to be released today.

City and county officials have a press conference set for 10:30 a.m.

— Both the Dow Jones and the WisBusiness index of Wisconsin stocks open today looking to regain ground they lost last week.

The Dow opens the week at 9,444, down more than 100 points from last week’s open.

And the WisBusiness index lost more than 25 points on the week to open at 1,675.

Looking ahead, Milwaukee-based Brady Corporation reports its quarterly earnings on Thursday.

— A new employment outlook survey finds Wisconsin employers planning to follow national hiring trends in the last three months of this year.

Milwaukee-based Manpower surveys more than 28,000 U.S. employers to ask about hiring plans. Nationally, 12 percent expect to increase their staff levels while 14 percent expect to reduce payrolls. Sixty-nine percent expect no change in hiring.

Here are the 4th quarter results for state metro areas singled out by Manpower:

**Appleton: 13% of the companies interviewed plan to hire more employees, while 12% expect to reduce their payrolls. Another 75% expect to maintain their current staff levels.

**Green Bay: 12% of the companies interviewed plan to hire more employees, while 14% expect to reduce their payrolls. Another 69% expect to maintain their current staff levels and 5% are not certain of their hiring plans.

**Madison: 11% of the companies interviewed plan to hire more employees, while 11% expect to reduce their payrolls. Another 71% expect to maintain their current staff levels and 7% are not certain of their hiring plans.

**Milwaukee-Waukesha-West Allis: 16% of the companies interviewed plan to hire more employees, while 14% expect to reduce their payrolls. Another 67% expect to maintain their current staff levels and 3% are not certain of their hiring plans.

See the state results: http://manpower-employmentreports.mediaroom.com/?s=news_releases&category=48MP

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TOP EXPERTS TO DISCUSS WISCONSIN’S ENERGY POLICY & CLIMATE CHANGE AT SEPTEMBER 10 FORUM


Energy experts from Wisconsin and across the Midwest will address a Sept. 10 WisPolitics.com/WisBusiness.com forum on energy policy and climate change.

David W. Hadley, vice president of state regulatory relations at Midwest ISO, is keynoting the forum, which will take place at The Madison Club.

The event begins at 7:30 a.m. and ends at 9 a.m. with breakfast starting at 7:15 a.m. The event is presented by American Transmission Company and Xcel Energy. Wisconsin Industrial Energy Group is an event partner.

Panelists for the event include:

— Ave Bie, managing partner of the Madison office of Quarles & Brady and former chair of the Wisconsin Public Service Commission

— State Rep. Spencer Black, D-Madison

— Eric Callisto, chair of the Wisconsin Public Service Commission

— Todd Stuart, executive director of the Wisconsin Industrial Energy Group

Additional sponsors include Dairyland Power Cooperative, Wisconsin Public Service Corp. and We Energies. More sponsorship opportunities are available; contact Jim Greer at 608-237-6296 or greer@wispolitics.com.

The event is open to the public. General public tickets cost $10. The ticket price includes breakfast.

TO REGISTER GO TO: http://www.esurveycentral.com/TakeSurvey.asp?SurveyID=5117l3337o6KG

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TOP EXPERTS TO DISCUSS WIS. GREEN JOBS FUTURE

Tuesday, September 29, at Discovery World in Milwaukee

“Green Jobs: Growing Wisconsin Employment” is part of a series of forums at Discovery World and aims to assess Wisconsin’s future in the green jobs market.

The forum, sponsored by the Wisconsin Academy of Sciences, Arts and Letters, UW-Milwaukee, We Energies, Wisconsin Environmental Initiative and Johnson Controls, begins at 7:30 a.m. and ends at 9 a.m. Breakfast begins at 7:15 a.m.

Milwaukee Mayor Tom Barrett will provide remarks about his city’s efforts to cultivate green jobs.

Confirmed panelists include:

* UW-Milwaukee Engineering School Dean Michael R. Lovell

* Tom Boldt, CEO of Boldt Construction

* UW-Madison School of Agriculture Dean Molly Jahn

* Clay Nesler, Vice President, Global Energy and Sustainability, Johnson Controls, Inc.

The event is organized by WisPolitics.com/WisBusiness.com with the help of MMAC, Discovery World, and UW-Milwaukee. More sponsorship opportunities are available; contact Jim Greer at 608-237-6296 or greer@wispolitics.com.

The event is open to the public, and the price is $30 per person. But WisPolitics.com and WisBusiness.com subscribers, members of the Wisconsin Academy, the UW-Milwaukee community, and members of MMAC and Discovery World are able to attend for $20 per person.

The price includes the breakfast buffet but not parking.

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TOP STORIES
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Developer plans $30 million investment in Ripon: A developer has a $30 million plan for Ripon. If it succeeds, it promises to create a distinct, competitive downtown and hun¬dreds of jobs.
http://www.thenorthwestern.com/article/20090908/OSH0101/90907053/1987

Incentive details for Mercury Marine deal to be made public Tuesday: Public officials this week will be releasing the details of incentive packages offered to Mercury Marine to keep the industry in Fond du Lac.
http://www.thenorthwestern.com/article/20090906/OSH0101/309060057/1987

Chicago Tube & Iron opens FdL facility: Chicago Tube & Iron Company on Friday relocated its Wisconsin Division from Milwaukee to a newly constructed 117,000-square-foot metals distribution service center in Fond du Lac.
http://www.fdlreporter.com/article/20090906/FON0101/909060492/1985

Appleton catches the eye of train builder Talgo Inc., but Gov. Jim Doyle discourages hope: Officials of a Spanish train manufacturer might visit Appleton in mid-September as part of a statewide scouting mission to locate a train car manufacturing plant.
http://www.postcrescent.com/article/20090905/APC0101/909050490/1003/APC01/

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VISIT BIZOPINION FOR BUSINESS-RELATED COMMENTARY

See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler:
http://blogs.wisbusiness.com/bizopinion

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MANUFACTURING (back to top)
– J.L. French will seek new business opportunities, CEO says
http://www.jsonline.com/business/57351677.html

LABOR (back to top)
– Mercury vote gives insight to new view of unions
http://www.fdlreporter.com/article/20090908/FON0101/909080348/1289/FON01/

– Labor unions still strong in today’s work environment
http://www.thenorthwestern.com/article/20090908/OSH0101/909080331/

– State furlough conflict with prosecutors’ contracts
http://www.thenorthwestern.com/article/20090908/OSH0101/909080335/1987

– Wisconsin workers’ compensation conference aims to sort out complexities
http://www.postcrescent.com/article/20090908/APC03/909080446

– Jobs outlook still gloomy, Manpower survey indicates
http://www.jsonline.com/business/57665442.html

REAL ESTATE (back to top)
– The aftermath of foreclosure: People who clean out homes also feel the pain of wrecked lives
http://host.madison.com/business/article_6129a1fe-9988-11de-a2b2-001cc4c002e0.html

AGRIBUSINESS (back to top)
– State & National Cheese Production Higher in July
http://www.wisconsinagconnection.com/story-state.php?Id=1074&yr=2009

– Cross Country: Rotational grazing offers farmers an opportunity
http://host.madison.com/ct/article_5d0f6d3f-d157-5eab-b703-2ffe29a64f16.html

RETAIL (back to top)
– Metcalfe honored by Wisconsin Grocers Association
http://host.madison.com/business/article_48f1342a-9989-11de-aa79-001cc4c002e0.html

FINANCIAL SERVICES (back to top)
– Small bank mentality pays off
http://www.jsonline.com/business/57613027.html

BUSINESS COLUMNS (back to top)
– John Nichols: Save the port of Milwaukee and Wisconsin jobs
http://host.madison.com/ct/article_7883767a-9bdd-11de-91f0-001cc4c002e0.html

PRESS RELEASES (back to top)
· Mercury Marine: Mercury Accepts Yes Vote on Contract Proposal

For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82

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