March 29, 2012

Sales tax starts for Wisconsin OnStar subscribers

Wisconsin motorists who subscribe to General Motors OnStar service will pay sales tax on their monthly bills starting April 1.OnStar has been notifying subscribers of the change this week, stating only that the tax payments will be required by …
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March 29, 2012

Trading of Rexnord shares begins

Rexnord Corp. stock was trading at $21.17 per share late Thursday afternoon on the first day of trading on the New York Stock Exchange under an initial public offering.Rexnord priced its initial public offering of 23,684,211 shares of common stock …
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March 29, 2012

Johnson Controls forms joint venture for Indian auto market

Johnson Controls Inc. has formed a joint venture with Pricol Ltd., a supplier of automotive instrument clusters in India.The equally owned joint venture will be called Johnson Controls Pricol Private Ltd. Pricols instrument cluster manufacturing …
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March 29, 2012

Froedtert among winners of Milwaukee neighborhood awards

Froedtert Healths efforts to promote wellness in Milwaukees central city, the Milwaukee Area Workforce Funding Alliance and the Menomonee Valley passage project were among winners of the Local Initiative Support Corp.s neighborhood development …
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March 29, 2012

Milwaukee in running to host social media tourism convention

The city of Milwaukee is in the running to host the 2012 Social Media Tourism Symposium, a convention expected to be attended by hundreds of social media professionals from tourism-related organizations.Milwaukee is one of 16 cities that have been …
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March 29, 2012

Take 5 with IndyCar's Michael Andretti

Legendary race car driver Michael Andretti is no stranger to Milwaukee.In the past, Andretti has won the Milwaukee IndyCar race five times as a driver and three times as a team owner.Now he is back in Milwaukee as race organizer and promoter. …
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March 29, 2012

Gutekunst name extends beyond nonprofit world

Buried in the data of The Business Journal's executive profile in our March 30th issue on Penny Gutekunst, the new chief development officer for the United Performing Arts Fund, is a note about one of her hobbies watching NASCAR.But Gutekunst is …
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March 29, 2012

Best Buy to close 50 big-box stores, launch new concept

Best Buy Co. Inc., facing pressure to transform its business in a shifting retail market, will close 50 big-box stores and step up plans for its new "connected store" concept.The company also will cut 400 jobs in corporate and support areas. The …
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March 28, 2012

Actuant acquires Turotest of Brazil

Actuant Corp. announced Wednesday that it has acquired Turotest, a designer and manufacturer of instrument panels, gauges and senders serving the Brazilian agriculture and industrial markets.Turotest, which has its headquarters near Sao Paulo, …
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March 28, 2012

Mitchell Bank names Thomas Hart president

Mitchell Bank said it has named Thomas Hart, who has been with the bank since 1989, as president.Hart since 2003 has been Mitchell Banks vice president and senior commercial loan officer. He fills a position that has been vacant since December 2010 …
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March 28, 2012

Pentair, Tyco unit to merge in $4.5 billion deal

Pentair Inc. is merging with a unit of Tyco International Ltd. in a $4.53 billion stock-only deal.The new $7.7 billion company will be based in Switzerland, but retain the Pentair name and be led by current Pentair CEO Randy Hogan. The U.S. …
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March 28, 2012

Milwaukee area gains jobs, but jobless rate rises

The Milwaukee area saw an increase in employment in February, compared with January, but the metro unemployment rate rose, reflecting new people entering the jobs market.The Wisconsin Department of Workforce Development reported Wednesday that the …
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