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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Gunsmith's shop does rebluing, restorations of firearms
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Brett Buisse founded Buisse Custom Arms in the Racine County community of Union Grove two years ago.

Beaver Dam farmer charged with crop insurance fraud
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A federal grand jury returned an indictment charging Jeffrey Lewke with nine counts of crop insurance fraud from a farming operation that had as many as 12,000 acres in Wisconsin in 2011 and 2012.

Metro Milwaukee jobless rate fell to 4.7% in April
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Without seasonal adjustments, all 12 of the major metro areas in Wisconsin showed an improvement, according to the Wisconsin Department of Workforce Development.

La Crosse 8th-grader wins youth business plan contest
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Elizabeth Hlavacka, a La Crosse eighth-grader with an idea for an eco-friendly lunch container, has won the top prize in the WisconsinYES! youth business plan contest.

Menasha's Faith Technologies plans to hire 800 nationwide
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Head count will increase by 40% and the engineering and electrical contractor will add positions at each of its 14 locations. Many of the new positions are skilled trades.

Wisconsin banks see first quarter profits increase 14.6%
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The 247 banks based in Wisconsin had earnings of $259 million in the period, up from $226 million in 2014’s first quarter, according to a report Wednesday by the Federal Deposit Insurance Corp.

Ford recalls 423,000 vehicles for power steering problem
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Detroit” Under pressure from U.S. safety regulators, Ford is recalling nearly 423,000 cars and SUVs in North America because the power-assisted steering can fail while they're being driven.

Harvard Business School Club of Wisconsin honors John A. Mellowes
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John A. Mellowes was honored Tuesday night by the Harvard Business School Club of Wisconsin as the 2014 Wisconsin Business Leader of the Year.

Court sides with downtown Milwaukee businesses, state regulators in Valley plant case
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A Dane County judge has sided with downtown Milwaukee businesses and state regulators in a case that a utility watchdog group filed to try to give We Energies electric customers a break on their rates.

WEDC helps fund business accelerator for food, beverage cluster
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FaB Wisconsin, which organizes a food and beverage cluster in the state, has received a $115,000 grant from Wisconsin Economic Development Corp. for a program that will help companies expand their production and market reach.

Associated Bank settles racial discrimination complaint by HUD
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Green Bay-based Associated will finance almost $200 million in mortgage loans in predominantly minority areas of Wisconsin, Illinois and Minnesota over the three years as part of the agreement.

Business investment climbs as factories thaw from winter
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Orders in the business investment category rose 1% in April, a sign that this important piece of the manufacturing economy may be rebounding from earlier part of year.

Welford Sanders, who led redevelopment of King Drive, dies
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Sanders had been executive director of the nonprofit Martin Luther King Economic Development Corp. since 2001 and was a part-time instructor at UWM’s School of Architecture and Urban Planning.

Oilgear to sell Milwaukee plant, move to smaller location
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The move comes as Oilgear shuts down manufacturing at the plant at 2300 S. 51st St., eliminating 45 jobs.

Charter to buy Time Warner Cable, would dominate Wisconsin market
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Charter, with about 1,900 employees in the state, has agreed to pay $55 billion for Time Warner Cable, which has about 2,000 workers in Wisconsin.

At Minnesota sheet metal fabricator, rebound began on shop floor
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In 2010, Du Fresne Manufacturing abandoned top-down management for a strategy focused on employees, shop-floor suggestions and innovation.

Charter nears deal for Time Warner Cable
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Charter Communications Inc. is close to buying Time Warner Cable for about $55 billion, according to two people familiar with the negotiations.

Meet the labor leader who will face off with GM
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Cindy Estrada’s journey has taken her from the tomato fields of California to the bargaining table where the United Automobile Workers union and General Motors will forge the future of about 48,500 workers.

Utility customers saved average of almost $190 on heating last winter
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Even though this was one of the coldest winters over the past 30 years, natural gas prices remained low throughout the cold months to help deliver savings for We Energies customers.

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