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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

National Presto quarterly sales, profits decline
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Profits for National Presto Industries Inc. dropped 43% in the third quarter as sales fell in its absorbent products and housewares/small appliance units, the company said Friday.

Sensient net income falls 32% in 3rd quarter
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Net income at Sensient Technologies Corp. fell 32.4% in the third quarter as the Milwaukee-based maker of food flavorings and colors took a $21 million hit for restructuring and other one-time costs.

Milwaukee nonprofit plans computer coding classes
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A nonprofit Milwaukee group that runs two start-up companies plans to begin offering classes early next year in how to write computer code.

Nominate your employer now for the Journal Sentinel's Top Workplaces program
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Love your work? If so, take a few seconds today to nominate your employer for the Milwaukee Journal Sentinel's annual Top Workplaces program.

Angel investor Jeff Rusinow optimistic about new start-ups succeeding
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“It’s not California, but Wisconsin’s ecosystem is vibrant enough that everyone can do well,” said Jeff Rusinow, speaking at an event Tuesday night in Milwaukee.

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

First Business 3Q earnings miss analysts' estimates
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Third-quarter earnings were flat for the Madison parent company of First Business Bank-Milwaukee, as merger-related expenses and increased compensation costs helped offset a rise in revenue.

Strattec earnings rise threefold, boosted by sales linked to GM recall
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Strattec Security Corp. on Thursday reported record sales and profit in its fiscal first quarter, thanks to a spike in sales of service parts tied to the General Motors Co. ignition switch recall.

Grand Avenue mall sold at auction for $16.5 million
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The buyer was not immediately disclosed, but a local nonprofit group was not the high bidder.

Paper company Expera Specialty Solutions to be based in Kaukauna
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Expera was incorporated early last year when KPS Capital Partners LP, a New York private equity firm, acquired paper mills in Rhinelander and Mosinee from Wausau Paper Corp.,

Sheboygan's Community Bank&Trust to be acquired
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The acquisition by Dubuque, Iowa-based Heartland Financial USA Inc. will give Wisconsin Bank& Trust its first branches in metropolitan Milwaukee and strengthen its presence in the Sheboygan area.

Milwaukee-area gas prices fall below $3 a gallon, could go lower yet
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There is more crude oil in the market right now than the world is using, which is driving prices lower, and one expert says he doesn’t expect the drop to follow the typical trend.

Hanson Dodge Creative names new executive creative director
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Milwaukee marketing agency Hanson Dodge Creative has hired Chris Buhrman as its new executive creative director.

Gas drops below $3, Milwaukee area in shock
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Spending all of your hard-earned dollars on filling your tank never felt this good.

Gas drops below $3, Milwaukee area in shock
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Spending all of your hard-earned dollars on filling your tank never felt this good.

Bemis earnings rise 26% after selling business line
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Bemis Co., a Neenah-based manufacturer of packaging materials, reported record earnings from continuing operations Thursday after it divested one of its weaker operations.

Potential conflict of interest cited in O'Donnell Park dealings
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The wife of Milwaukee County’s economic development director, who’s leading the effort to sell O’Donnell Park to Northwestern Mutual, works for a financial adviser who sells the company’s products.

New three-wheel motorcycle brings Batmobile to mind
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Polaris' new Slingshot trike” part motorcycle, part sports car ” has side-by-side seating and a steering wheel, and it's coming to Wisconsin in November.

Wisconsin returns to top 20 in annual energy-efficiency report
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The state moved up six places to 17th on the list, but it may backtrack if regulators approve utilities’ pending rate proposals.

Business Index
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