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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Dynamis Software raises $530,000 of equity funding
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The West Allis company makes software that helps health insurance brokers evaluate insurance plans.

Badger Fund of Funds launches first venture capital fund in La Crosse
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Badger Fund was seeded with $25 million of state money and has said it plans to start as many as a dozen venture capital funds across the state

Standing up to heat and cold, PPG Industries opens liquid coatings testing center in Oak Creek
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The liquid application development center has multiple curing ovens, robotic paint applicators, and spray booths with temperature and humidity controls.

IKEA details plans for Oak Creek store
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In an overnight news release city officials and representatives of the company confirmed that IKEA wants to build a store— its first in Wisconsin — in Oak Creek.

Ex-executive pleads guilty in scam that cost MillerCoors $8.6 million
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In a plea deal that calls for prison time and restitution, former MillerCoors executive David Colletti pleaded guilty Wednesday to scamming his ex-employer out of more than $8.6 million.

Milwaukee doctor imagines better umbilical cord clamp
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A new clamp sparked by Charles Potter’s delivery room experience is among the technologies that will be featured at the Milwaukee Quick Pitch event Thursday at Miller Park.

Profits plunge 77% at Roadrunner Transportation
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The CEO of the Cudahy-based trucking and logistics company sees better days ahead as tighter federal regulations drive rogue truckers out of the industry.

Badger Meter to explore options, including possible sale
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Company issues statement saying it is exploring‘various options to enhance shareholder value.’

Wind industry's growth fuels gearbox remanufacturer in Mukwonago
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Gearbox Express, founded in 2011, specializes in repairing and remanufacturing wind turbine gearboxes that need replacing every five to 10 years.

Takata air bag recall to grow by 35 million to 40 million vehicles
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Takata will recall another 35 million to 40 million air bag inflators, a stunning increase that will more than double what already is the largest automotive recall in American history, the federal government announced Wednesday.

Fresh Thyme Farmers Market coming to Greenfield development
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The supermarket chain, which focuses on organic produce, will help anchor the 84 South mixed-use project. The store is to open in early 2017.

Transformed by 9-11, Wisconsin native started investment analytics firm
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Former Wall Street analyst Harry Blount will speak at a CFA Society of Milwaukee lunch in downtown Milwaukee on Thursday.

Amazon's business marketplace hits $1 billion milestone
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Amazon.com Inc. sold $1 billion in goods on its new business-to-business marketplace begun last year, and customer purchases are growing about 20% each month.

Generac reports sharply lower sales and profit
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The Waukesha-based company said it earned $10.2 million, or 15 cents per share, in the three-month period that ended March 31, down from $19.7 million, or 28 cents, in the first quarter of 2015.

A tasty roadside attraction: Oscar's Frozen Custard waffle cone signs
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Waffle cone replica roadside signs created for metro Milwaukee’s Oscar’s Frozen Custard took first place in annual industry competition.

Google Chrome passes Internet Explorer as top browser for first time
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Google’s Chrome Web browser topped Microsoft’s Internet Explorer among personal computer users last month for the first time, according to one closely watched measure.

Quad/Graphics turns profit on falling sales
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The Sussex-based printing company earned $3.8 million in the first quarter, compared with a $35.2 million loss a year ago

Strong dollar takes toll on Weyco Group's earnings
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Milwaukee-based Weyco, which makes Florsheim, Stacy Adams, Nunn Bush and other shoe brands, had net income of almost $2.7 million, or 25 cents per share.

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