First Business

June 29, 2012

J.L. French acquired for $215 million

Mexican company ALFA SAB de CV said Thursday that its Nemak subsidiary paid $215 million to acquire Sheboygan automotive castings supplier J.L. French Automotive Castings Inc. in a deal that was first announced in April.Nemak closed the deal after …
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June 29, 2012

HellermannTyton to add 50 jobs with Milwaukee project

HellermannTyton Corp., an international manufacturing company, is seeking city support to buy and renovate a Milwaukee building, adding 50 people to its existing Milwaukee work force.The company plans to buy a 92,300-square-foot building at 3701 W. …
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June 29, 2012

GS Design wins Mercury Marine ad account

GS Design of Glendale said it will expand its business relationship with Mercury Marine to become the marine-engine firms advertising agency of record.GS Design said it will lead development and execution of a refreshed global brand for Mercury …
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June 29, 2012

Delta pilots vote to OK new labor contract

Delta Air Lines Inc. pilots ratified a new contract, the Air Line Pilots Association reported Friday.ALPA said 94 percent of 10,170 eligible Delta pilots cast a ballot. Of those, 62 percent voted to approve the new agreement, which begins July 1 and …
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June 29, 2012

Southwest Airlines testing in-flight TV

Southwest Airlines, which is poised to become the dominant air carrier at General Mitchell International Airport in Milwaukee when it assumes several AirTran routes later this year, is adding wireless in-flight TV on five aircraft.Southwest (NYSE: …
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June 29, 2012

3rd Ward Mandel project could add feature to river walk

Mandel Group Inc. is firming up plans for its 150-apartment Domus project in Milwaukees 3rd Ward and wants to ask the city for approval by the end of the summer.The Domus is on the Milwaukee River at North Jefferson and East Erie streets. It is near …
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June 29, 2012

Anheuser-Busch InBev buys Grupo Modelo for $20 billion

Anheuser-Busch InBev said it has entered an agreement to acquire the remaining stake in Corona Extra brewer Grupo Modelo that it did not already own in a transaction valued at $20.1 billion.A-B InBev said it will expand Corona outside the United …
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June 29, 2012

Hillshire Brands begins trading on NYSE

Hillshire Brands Inc., the former Sara Lee Corp. North American meat business, has begun trading on the New York Stock Exchange under its new name and stock ticker HSH.The new name honors the Downer's Grove, Ill.-based firm's Hillshire Farm brand, …
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June 29, 2012

Dairyland Power settles environmental litigation

Dairyland Power Cooperative, a La Crosse energy co-op, said Friday that it has agreed to settle accusations of environmental law violations for a planned investment of $5 million in renewable energy, energy efficiency and public land improvement …
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June 29, 2012

Top of the List - Highest-paid executives Part II

The list this week features the second half of the list of 100 highest-paid executives at publicly held companies based in the seven-county Milwaukee area.Those executives that made it onto Part II of The Business Journals list of highest paid …
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June 28, 2012

Elected officials react to Supreme Court

The historic Supreme Court decision on national health care reform has roused an opinion in just about everyone. And as expected, elected officials were front and center Thursday with canned statements supporting patients rights or denouncing …
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June 28, 2012

Business groups describe health decision as 'tragedy'

The Supreme Court decision to uphold the Obama administrations health care law is a blow to many Wisconsin business organizations who who used words like disappointment and tragedy to describe their feelings after the announcement.Bill Smith, head …
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