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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Hardware store closes near Drexel Town Square
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Oak Creek Ace Hardware, 8201 S. Howell Ave., shut its doors for good on Sunday.

Complaint to consumer agency is good way to get a company's attention
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Four years after the Consumer Financial Protection Bureau opened, consumers are finding that it’s a good way to get companies to pay attention to complaints about products such as credit cards and mortgages.

Stock market rebounds a day after big plunge
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U.S. stocks rebounded Wednesday, recovering a significant portion of their losses from the day earlier. Investors remain on edge after the latest market plunge, which was triggered by more signs of slowing growth in China.

Palmer Johnson Yachts in Sturgeon Bay closing; 100 jobs lost
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Wisconsin boat builder Palmer Johnson Yachts is closing, resulting in the loss of more than 100 jobs in Sturgeon Bay.

Delta Defense plans to build new headquarters in West Bend
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A West Bend company that provides liability insurance and other services for people who have permits to carry concealed handguns would build a new headquarters and eventually add over 130 employees under a proposal that has received city approval.

U.S. banks post most profitable quarter in history
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U.S. banks posted record quarterly profits in the second period as lending and fee revenue rose while delinquent loans continued to decrease.

Container Store prepares for opening of first Wisconsin location
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Employees have been putting the finishing touches on the first Wisconsin location of The Container Store at Mayfair mall.

Madison firm provides lines for new stem cell bank
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The world’s largest publicly available stem cell bank is now open, ready to provide the first 300 cell lines to researchers who are modeling disease and trying to develop new drugs.

Nominate your employer for the Journal Sentinel Top Workplaces program
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The nomination period for the seventh annualJournal Sentinel Top Workplacesprogram is officially underway. The prestigious program honors the most admired employers in southeast Wisconsin.

Wills of millions of Americans now available online
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Ancestry.com has digitized wills and probate records that cover more than 100 million people, providing a peek into the private lives of people from America’s earliest days.

Chicago firm acquires A&B Process Systems
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A&B Process Systems, located near Wausau, is being acquired for $102 million by JBT Corp., a Chicago technology firm in the food processing industry.

Berlon Industries combines manufacturing operations in Hustisford
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Berlon Industries, a manufacturer of skid steer and loader buckets for agricultural, construction, snow removal and commercial landscaping uses, has combined operations into an 87,000-square-foot building it recently acquired in Hustisford.

Steady rise in Wisconsin farmland values may be ending
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According to a new survey by the Federal Reserve Bank of Chicago, Wisconsin farmland values were down 2% from April through June, and also fell 2% from a year earlier.

Plans proceeding for Glendale brew pub, beer garden
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A local investors group is seeking city approval to develop a brewpub and beer garden at Glendale’s vacant Bavarian Inn building.

Woodman's debuts web ordering, delivery
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Woodman’s Markets has launched online grocery ordering and delivery in Madison and plans to bring the service to Milwaukee later this year.

Lawmakers urge WEDC to review Eaton Corp. tax credits after jobs cuts
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Two Democrats in the Legislature called Tuesday for the state to discuss taking back tax credits given to Eaton Corp. while the company was cutting jobs in Wisconsin and moving production to Mexico.

Verona health care software company's annual gathering is epic
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The scale of Epic Systems Corp.’s annual gathering of customers ” like the perpetual construction at its headquarters ” has become a tangible symbol of one of the state’s most stunning success stories.

Johnson Controls completes sale of division to CBRE Group Inc. for $1.5 billion
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The sale of Johnson Controls Inc.’s facilities management business to CBRE Group Inc. has been completed, the companies announced Tuesday.

Old Town Inn to reopen Friday as Old Town Beer Hall in Germantown
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Old Town Beer Hall, formerly known as Old Town Inn, in Germantown recently underwent a $75,000 month-long renovation and will reopen on Friday, owners Chaz Hastings and Josh Neureuther said.

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