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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Owner of King Dr. shopping center defaults on bank loan
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The owner of a Milwaukee central city shopping center that was the site of a controversial proposed Dollar Tree store is being sued for defaulting on a bank loan.

Water Council business accelerator negotiating for state funding
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The BREW business accelerator is negotiating to receive funding from the Wisconsin Economic Development Corp., which has provided a total of $550,000 for the accelerator’s start-up classes.

Extendicare to close downtown headquarters, cut 287 jobs
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Extendicare Inc., a nursing home chain based in Ontario, announced in November that it had agreed to sell its U.S. business for $870 million, including about $635 million in debt.

Kohl's donates $1 million to support school field trips
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Kohl’s Corp. said Friday it will give more than $1 million to schools in southeastern Wisconsin over the next year to support field trips.

Index of manufacturing activity slips, but remains positive
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The seasonally adjusted purchasing managers index for Wisconsin and northern Illinois was 50.32 this month, down from 51.60 in January and 57.61 in December.

Motor homes make comeback at Milwaukee RV Show
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As the economy has gained strength, motor homes are back in favor at the Milwaukee RV Show, the state’s largest exhibition of motor homes and travel trailers.

Show your school spirit from head to wing-tipped toe
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Allen Edmonds Corp., the Port Washington maker of high-end shoes for men, is crafting made-to-order shoes in several school team colors aimed at the college sports fan.

Two metro area companies among Manufacturer of the Year winners
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Husco International Inc. of Waukesha and General Plastics Inc. of Milwaukee were grand award winners in the annual statewide competition.

New Faces, New Places for Feb. 27
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New Faces, New Places is about personnel changes at Wisconsin businesses.

Angel investors criticized for hampering deals by protecting themselves
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One of the biggest obstacles to growing start-ups in Wisconsin lies with some of the financiers who provide the money, a Milwaukee venture capitalist said Thursday.

Waukesha County Museum to sell downtown property to developer
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Historic Prairieville Limited Partners plans to demolish two buildings and develop a market-rate apartment building, while leasing the former county courthouse to the museum.

Brookfield Square begins construction on expansion
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The project, facing Moorland Road next to Sears, will include the addition of three restaurants” Jason’s Deli, Ameripub and Mooyah Burger.

Gas prices are set to rise
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This year several important oil refineries have had problems, so even though crude oil is plentiful, experts expect gasoline price spikes at pumps across the U.S. in coming weeks.

Kohler study finds proposed golf course would create 227 jobs
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A study commissioned by Kohler Co. says the golf course it wants to build south of Sheboygan would have an annual economic impact in Sheboygan County of $20.6 million.

Frustration gives way to inspiration for mobile repair business
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Russ Benser founded The Mobile Repair Guys, a Menomonee Falls business that does tuneups and repairs of lawn mowers, snow throwers, and other outdoor power equipment at your home.

Businesses divided on right-to-work issue
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The so-called right-to-work bill being fast-tracked through the GOP-dominated Wisconsin Legislature pits some Republicans against Republicans and some business owners against business owners.

Toyota, GM stand out in J.D. Power dependability study
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Detroit” Lexus, Buick, Toyota and Cadillac captured the top four spots in J.D. Power and Associates' annual vehicle dependability study, which measures owner-reported problems in 3-year-old vehicles.

Android phones get jobs
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San Francisco” Google is releasing a set of tools designed for businesses and employees who want to get work done on Android-powered smartphones, setting up a skirmish on another key front of mobile computing.

Appeals court upholds ruling against California company
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Decision leaves Morgan Drexen facing $6.1 million in forfeitures and restitution for violating Wisconsin consumer protection laws governing debt negotiation. Company says it will appeal.

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