July 31, 2013

BizLab cuts 34 jobs in Menomonee Falls

BizLab Inc. has cut 34 jobs at its Menomonee Falls headquarters, according to a notice sent to the Wisconsin Department of Workforce Development on Tuesday.BizLab said the 19 salaried and 15 hourly positions constitute about 34 percent of its total …
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July 31, 2013

Chemical recycler will move to Waukesha from Wauwatosa

OSI Environmental Inc., which recycles oils and industrial chemicals for reuse, bought a building in Waukesha and will move there from Wauwatosa.The roughly 32,000-square-foot Waukesha building is at 912 Tesch Court near Les Paul Parkway and …
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July 31, 2013

FIS sees net income drop, revenue grow in Q2

Fidelity National Information Services Inc., the financial technology company that bought Brown Deer-based Metavante Technologies Inc. in 2009, reported Tuesday that its second-quarter earnings dropped, even though revenue increased.Revenue for the …
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July 31, 2013

Fiserv reports revenue, adjusted earnings increase for 2Q

Fiserv Inc. reported increased revenue and adjusted earnings for the second quarter in a news release Tuesday.The Brookfield financial technology firm (NASDAQ: FISV) reported revenue of $1.2 billion for the quarter ending June 30, up from $1.09 …
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July 31, 2013

Kevin Reilly resigns as University of Wisconsin System president

Kevin Reilly, the University of Wisconsin System president who came under scrutiny earlier this year for the system;;;s budget surplus, is resigning in January, the system said Tuesday in a news release.Reilly will become a part-time consultant to …
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July 31, 2013

ProHealth Care pays $7M for Pewaukee cancer center site

ProHealth Care last week bought a 14-acre Pewaukee property where it plans to build a 116,000-square-foot, $70 million cancer center.Waukesha-based ProHealth in late May announced plans for the cancer center, saying the outpatient cancer services …
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July 31, 2013

Retail project in Pleasant Prairie lands three tenants

Evo Development has completely pre-leased its new retail building under construction in Pleasant Prairie and plans to have it open in late fall, the company said Tuesday in a news release.U.S. Cellular, Heartland Dental Care and Batteries Plus Bulbs …
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July 31, 2013

Stadium Interchange proposal calls for 8 lanes, potential double-decker

The Stadium Interchange and a stretch of Interstate 94 would be rebuilt with eight lanes, with a possible double-decker segment near Miller Park, under a plan proposed by the Wisconsin Department of Transportation.The Stadium Interchange …
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July 31, 2013

Summerfest parent to hold free jazz festival Sunday

Milwaukee World Festival, the parent company of Summerfest, will host a free jazz event Sunday at Henry Maier Festival Park, the organization said Tuesday in a news release.;;;Visions on the Lake;;; is being organized by Milwaukee World Festival and …
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July 31, 2013

Waterstone Financial profits drop in 2Q

Net income dropped 20.2 percent for Waterstone Financial Inc. in the second quarter, the company said Tuesday in a news release.The Wauwatosa-based parent company of WaterStone Bank and Waterstone Mortgage Corp. reported net income of $4.92 million, …
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July 30, 2013

ABC Supply acquires Tennessee building supply firm

ABC Supply Co. has acquired the assets of American Wholesale Building Supply Co., a Nashville, Tenn.-based siding and window distributor, the company said Monday.The Beloit-based building supplies distributor said American Wholesale Building …
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July 30, 2013

Alterra signed away its name in 2010 pact with Mars

Although the change from Alterra Coffee Roasters to Colectivo Coffee has shocked some customers, it was all part of the plan when Alterra signed a deal with Mars Inc., representatives from both companies told The Business Journal Monday …
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