First Business

July 26, 2012

Displaced Harley-Davidson IT workers offered jobs

Harley-Davidson Inc. has cut 125 information technology positions as it realigns the division, but the displaced workers have an opportunity to land new jobs with Harley or a company it has hired to handle IT services, a Harley spokesperson …
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July 26, 2012

Master Lock parent, Fortune Brands, sees 2Q sales, profit growth

Fortune Brands Home & Security Inc., parent company of Master Lock Co., reported second-quarter net income of $47.9 million, or 29 cents per share, compared with net earnings of $44.1 million, or 28 cents per share, for the same period last year.Net …
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July 26, 2012

Couture negotiations can proceed after gaining county clearance

County Executive Chris Abeles administration can begin negotiations to sell the Downtown Transit Center to Rick Barrett for his planned $125 million hotel and apartment project.Barretts proposal for The Couture emerged from four development plans …
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July 26, 2012

Milwaukee County Board approves lease for Crystal Ridge baseball complex

The Milwaukee County Board signed off on a lease agreement with a Franklin businessman who plans to build a baseball complex at Crystal Ridge and manage a ski hill on the property.The estimated $3.5 million project would build up to 12 baseball …
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July 26, 2012

Ex-Brady CFO joins Baird Private Equity

The venture-capital and private-equity arms of Robert W. Baird & Co. continue mining Milwaukee-area executive talent, adding former Brady Corp. chief financial officer David Schroeder as an operating officer with Baird Private Equity.Schroeder will …
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July 26, 2012

Harley sells Franklin data center for $8M

Harley-Davidson Inc. sold its data center in Franklin for $8 million to NTT Worldwide Telecommunications Corp., a Japanese company with offices in Colorado.The sale recorded on July 24 comes on the heels of Infosys, a global technology company, …
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July 26, 2012

Tauscher hired as analyst for Packers networks

Retired Green Bay Packers offensive tackle Mark Tauscher will provide analysis for the Packers Radio Network and the new Packers TV Network this season, according to broadcast industry news site allaccess.com.Tauscher will appear on the radio …
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July 26, 2012

Plant closings cost Bemis in 2Q

Bemis Co. Inc. reported a decline in sales and net income for the second quarter, with profits dropping because of the costs of an ongoing and expanded plant consolidation effort.Bemis (NYSE: BMS), a Neenah-based manufacturer of flexible packaging …
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July 26, 2012

Political ads boost Journal Communications revenue

Buoyed by political and issue advertising on its television stations, Journal Communications Inc. reported a 6 percent increase in second quarter revenue and a 24.6 percent increase in net income.Milwaukee-based Journals per-share earnings of 13 …
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July 26, 2012

CRE Guide: People In The News - Nicholas Migan

Nicholas Migan has joined the Wauwatosa office of Chequamegon Bay Engineering Inc. as a project architect. The corporate office of Chequamegon Bay Engineering is located in Ashland and specializes in transportation design and building design. Migan …
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July 25, 2012

ZBB Energy venture opens Chinese plant

ZBB Energy Corp. said Wednesday that its joint venture in China has opened a factory in Anhui Province for the production of the company's energy storage and control systems for the Chinese market.Menomonee Falls-based ZBB Energy (NYSE AMEX: ZBB) …
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July 25, 2012

Ladish parent ATI reports 13% profit drop

Specialty metals maker Allegheny Technologies Inc. (NYSE: ATI), the parent company of ATI Ladish in Cudahy, cited global economic turmoil and softening growth in the U.S. and China for a 13 percent drop in profit for the second quarter verses the …
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