— A call to offer free municipal water to attract new employers and a push to expand the University of Wisconsin-Milwaukee beyond its east side campus dominated a panel discussion Thursday morning on the future of Milwaukee’s 30th Street industrial corridor. Badger Meter’s Richard Meeusen says city water could be a key incentive in the corridor’s redevelopment. “Right now, tax credits are the only arrow in our quiver,” he said. “I say, forget TIF districts. Let’s create a water district. It won’t cost the city anything because the water utility is operating at just 30 percent capacity.” Rocky Marcoux, Milwaukee’s commissioner of development, said afterward that the idea has merit, but would face an uphill battle for approval by the state’s Public Service Commission, which regulates water utilities. In addition, he said, “There’s a lot of legal work that has to be done. We have to be sure it would be fair to all the other ratepayers.” See more from the panel discussion: http://www.wisbusiness.com/index.iml?Article=174466 — A company that makes and distributes herbal medicine is consolidating its operations in Green Bay, creating more than 100 jobs. Enzymatic Therapy is getting a half-million dollar loan from the state plus $400,000 dollars in tax credits to help with an $11 million expansion project. The company is North America’s leading manufacturer of dietary supplements and natural medicines. See details: http://www.wisbusiness.com/index.iml?Article=174453 TOP STORIES Three biotech firms moving to Hudson: Three biotechnology companies – RJA Dispersions LLC, VitalMedix, and Rapid Diagnostek – are relocating to Hudson, Gov. Jim Doyle’s office announced Thursday. Schwabe invests in future in Green Bay: Schwabe North America is investing more than $10 million in Green Bay, establishing a distribution center, expanding existing operations and creating 100 jobs. The U.S. Navy ship built in Wisconsin tops 50 mph: The Navy’s need for speed is being answered by a pair of warships that have reached freeway speeds during testing at sea. Independence, a 418-foot warship built in Alabama, boasts a top speed in excess of 45 knots, or about 52 mph, and sustained 44 knots for four hours during builder trials that wrapped up this month off the Gulf Coast. The 378-foot Freedom, a ship built in Wisconsin by a competing defense contractor, has put up similar numbers. Kimberly-Clark Corp. reports stellar third quarter: Kimberly-Clark Corp.’s foray into the medical supply market isn’t untested turf, especially its early October acquisition of Baylis Medical Co.’s pain management business, K-C’s chief executive said Thursday. “We’ve been selling those (Baylis) products in the U.S. as their exclusive distributor since 2001,” Thomas Falk, chairman and CEO, told analysts during a Web conference call. “We looked at it as an opportunity to retain the value of what we had and even integrate it further into our business.”
************************************************************ See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler: ************************************************************
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