First Business

November 11, 2011

Caterpillar makes offer for Chinese mining equipment maker

Caterpillar Inc. announced Friday that it has made an offer, through a wholly owned subsidiary, to purchase all of the shares of ERA Mining Machinery Ltd.ERA primarily designs, manufactures, sells and supports underground coal mining equipment in …
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November 11, 2011

Caterpillar to create more than 1,000 jobs in North America

As part of a strategic decision to move production closer to the majority of customers who use the companys products, Caterpillar Inc. announced Friday that it plans to open a new manufacturing facility in North America for small track-type tractors …
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November 11, 2011

Top of the list - Meeting/conventions facilities, banks

This weeks lists focus on meeting and convention facilities and Milwaukee-area banks.The 25 meeting and convention facilities on the list of largest in the Milwaukee seven-county area are a diverse group a sports arena, a student union and museum …
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November 11, 2011

Quad, Associated lead Brand Madness matches

Quad/Graphics is continuing its roll toward the final rounds of The Business Journals Brand Madness competition.The Waukesha County printing company grabbed an early impressive lead in its fourth-round match against Generac. With more than 14,000 …
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November 10, 2011

Frontier to cut another 120 jobs in Milwaukee

Frontier Airlines plans to cut 120 positions in Milwaukee in early January, the airline revealed in a mass layoff noticed filed Thursday with the Wisconsin Department of Workforce Development.Frontier, which is owned by Indianapolis-based Republic …
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November 10, 2011

Oconomowoc Lake 'trophy' property back on market

The results are finally in on an auction of one of Oconomowoc Lakes trophy properties the sellers have rejected the bids and now will negotiate with the auction bidders and other prospective buyers.Paul and Andrea Clarkson retained Fine & Co. of …
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November 10, 2011

Where is the M&I, Harris talent going?

The number of executives and professionals who have left either M&I Bank or Harris Bank locally in recent months rates as something between an exodus and a trickle and thats without any significant layoffs.BMO Harris, which now owns M&I and Harris, …
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November 10, 2011

HSI Properties recommended to redevelop North Avenue library

A Milwaukee Public Library board committee, after reviewing three project proposals for the site on East North Avenue, recommended Waukesha-based HSI Properties LLC be allowed to buy the property for a new apartment development.HSI Properties is one …
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November 10, 2011

Former La Perla manager agrees to plea in IRS case

A former La Perla Mexican Restaurant manager has agreed to a plea deal after the Internal Revenue Service said she didnt report nearly $305,000 in income that was diverted from La Perla to her personal expenses over three years.Crystal Kent, of …
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November 10, 2011

Northwestern Mutual Foundation awards $355,000 in grants

The Northwestern Mutual Foundation has awarded $355,000 in grants to 14 nonprofit organizations that serve children with cognitive, mental or physical disabilities.The grants for children with special needs are some of the first to be awarded under …
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November 10, 2011

Milwaukee-area home sales up for fourth consecutive month

Home sales increased 24.3 percent between October 2011 and the same month last year in the Milwaukee metropolitan area, marking four consecutive months of growing sales, according to the Greater Milwaukee Association of Realtors.The region including …
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November 10, 2011

Quad/Graphics inks new deal with Penguin Group

Quad/Graphics Inc., which has greatly expanded its digital book production capacity this year, has announced a new agreement with trade book publisher Penguin Group Inc., for short-run and print-on-demand production of Penguins U.S. trade hardcover, …
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