First Business

April 11, 2013

Milwaukee named an unexpected hub of high-tech innovation

Milwaukee residents know the city is more than just beer and manufacturing, and this week it got some recognition for its growing tech scene.Techie.com put Milwaukee on its list of 10 most unexpected cities for high-technology innovation. The city …
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April 11, 2013

Roadrunner Transportation expands to Florida

Roadrunner Transportation Systems Inc. has expanded its footprint to the entire state of Florida.Roadrunner Transportation Systems (Nasdaq: RRTS), a Cudahy-based asset-light transportation and logistics services provider, said Wednesday it has …
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April 11, 2013

Second offer in the mix in Penzey effort to acquire Northridge

The Chinese owner of the former Northridge Mall has received a purchase offer by another potential buyer willing to pay more than Bill Penzey, owner of Penzeys Spices.An attorney for U.S. Toward Enterprise Group Inc., a subsidiary of Beijing Toward …
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April 10, 2013

Amtrak’s Hiawatha route sees dip in ridership

Ridership of Amtraks Hiawatha commuter line between Chicago and Milwaukee was down 4.3 percent during the last six months, according to a press release Tuesday.Since the line's first year in 1997, ridership has increased 132 percent to 838,355 …
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April 10, 2013

Aurora to spend $11M on new Brookfield clinic

Aurora Health Care will spend $11 million on relocating and remodeling its Brookfield clinic in a larger space at a former Bally;;;s Fitness, 16985 W. Blue Mound Road.The 47,000 square-foot clinic will open in spring 2014, said Adam Beeson, a …
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April 10, 2013

Magnetek strikes deal to expand distribution in Europe

Magnetek Inc. has struck a deal to expand its distribution in the European Union, the company said Tuesday.Menomonee Falls-based Magnetek (Nasdaq: MAG), a manufacturer of digital power and motion control systems used in material handling, elevators …
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April 10, 2013

Microsoft executive receives UWM innovator award

Satya Nadella, president of Microsoft Corp.'s server and tools business and an alumnus of the University of Wisconsin-Milwaukee, will receive the UWM Chancellor's Innovator Award at a luncheon ceremony at the University Club today.Nadella is the …
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April 10, 2013

Oshkosh Corp. to cut 900 jobs

Oshkosh Corp. said Tuesday it will cut 900 jobs in Oshkosh this summer as it grapples with lower demand from the U.S. military after the defense budget was slashed.The Oshkosh-based manufacturer of specialty trucks and truck bodies (NYSE: OSK) said …
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April 10, 2013

Roundy's Mariano receives higher compensation in 2012 after IPO

Roundy;;;s Inc. leader Robert Mariano nearly doubled his compensation in 2012 thanks to a stock award he received when the company went public.Mariano;;;s total compensation as Roundy;;;s chairman, president and CEO was $3 million, up from $1.6 …
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April 10, 2013

Home builders say business is up 30% this spring

Local home builders are lining up more work for 2013 than they could last year, bringing optimism that the market is healthy again, but also a set of new challenges created by the demand.John Stoker, president of the Victory Cos., Menomonee Falls, …
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April 10, 2013

Milwaukee County committee approves off-site airport parking fee

A Milwaukee County Board committee unanimously approved a resolution Tuesday to charge annual fees for off-site airport parking operations.The proposal, first reported by The Business Journal on April 1, would charge an annual fee of $38.51 per …
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April 10, 2013

Tilted Kilt now open in Kenosha

Southeastern Wisconsin;;;s first Tilted Kilt Pub & Eatery has opened in Kenosha, according to a news release.The restaurant at 7000 74th Place, Kenosha, has hired about 160 people and is looking to hire more, the release said. It opened in a …
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