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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Appleton Coated sold to management-led group
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The 570-employee Fox Valley company, which operates a large mill in the village of Combined Locks, will continue operations with no substantial changes planned for the immediate future.

Johnson Controls lithium-ion batteries to power hybrid luxury SUVs
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Johnson Controls Inc. said its Michigan battery factory is producing lithium-ion batteries for the hybrid Range Rover sport utility vehicle that goes on sale next year.

'Super Saturday' likely to eclipse Black Friday's sales totals
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For the first time in 10 years, experts say the biggest shopping day of the year may be the final Saturday before Christmas, a day that has become known in retail circles as Super Saturday.

New Faces, New Places for Dec. 19
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New Faces, New Places is about personnel changes at Wisconsin businesses.

Beaver Dam attorney avoids suspension for son's use of client account
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The state Supreme Court rejected the Office of Lawyer Regulation recommendation that attorney Richard Steffes’ law license be suspended for two years and that he pay $10,000 restitution.

County votes to sell lakefront property to developer
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The Milwaukee County Board voted 12-4 Thursday to grant a purchase option for the Downtown Transit Center, 909 E. Michigan St., to Couture developer Barrett Visionary Development.

Regulators won't delay vote on Wisconsin Energy, Integrys deal
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The Public Service Commission voted 2-1 to deny the request by customer groups and large manufacturers to delay action on Wisconsin Energy’s $9.1 billion acquisition of Integrys Energy Group.

Wisconsin has gained back all the private sector jobs lost in recession, state numbers suggest
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Wisconsin gained an estimated 16,500 private-sector jobs in November from October, which suggests that the state has recovered all the private-sector jobs it lost during the national recession of 2008-'09.

Wisconsin health officials release report on raw milk case
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State health officials Thursday made public more evidence that raw milk was the cause of a foodborne illness outbreak that sickened nearly 40 people associated with the Durand High School football team, including many players.

Madison company Vidmaker says it has been acquired by YouTube
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Vidmaker Inc., a Madison company with a video-making platform, has been acquired by YouTube, according to the company's website.

Average 30-year mortgage rate falls to 3.80%
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30-year mortgage rates have hit a new low for the year and lowest point since May 2013. At the beginning of the year, the average rate was 4.53%.

Aurora to publish Quarterly Health of Wisconsin Report
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Aurora Health Care will begin publishing a quarterly report that gauges consumer sentiment on health topics in Wisconsin and compares the survey responses to those of the nation.

Theater results propel Marcus earnings 61% higher
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A strong showing at its theater division helped boost Marcus Corp.'s fiscal second-quarter earnings by 61%, the company reported Thursday.

Wisconsin's private-sector growth rate lags behind nation
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For the 12 months ended in June, Wisconsin added 35,021 private-sector jobs for a 1.5% growth rate, lagging the national growth rate of 2.3%, according to the Bureau of Labor Statistics.

Actuant earnings fall 31.5%; firm lowers forecast
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Actuant’s oil and gas business didn’t see a big impact from falling oil prices during the past quarter, but weakness is now forecast as the company’s customers will react by trimming capital spending.

Oshkosh Defense awarded $67 million Army contract
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Oshkosh Defense, a division of Oshkosh Corp., said Thursday it has received a $67 million order from the U.S. Army for 256 trucks and trailers.

Steinhafels to build furniture store, anchor new Greenfield development
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The new store will be near an older Steinhafels, which eventually will be demolished to make way for new development.

Free verse: Mayfair mall poets express your holiday sentiments
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Using information provided by the shopper, the poets pen an original poem in 15 minutes or so. Then they type it up on fine paper and offer it to the shopper, free of charge, to give as a gift.

Fed to be 'patient' on rate increases
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Washington” The Federal Reserve is edging closer to raising interest rates from record lows given a strengthening U.S. economy. But it will be"patient" in deciding when to do so.

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