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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Gigabit broadband speed spreads throughout state
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Gigabit speed is a big enough perk— 50 times faster than in most Milwaukee homes — that some seasonal visitors stay a few extra days at their summer homes in places like Siren or Madeline Island.

Consumer prices edge up
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Washington— U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices.

Milwaukee custard stand owners, customers licked by rising prices
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Custard stand owners say they have never seen prices this high for the mix that, when poured into a custard machine, results in the cool, smooth, creamy treat that is a summertime staple.

Johnson Controls, Adidas team up on robotic sewing project
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A research project involving Johnson Controls Inc. and Adidas Group could pave the way for robotic sewing for a variety of industries, including automotive and footwear.

Sterling Investments plans two Waukesha apartment projects
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Sterling Investments is proposing a 57-unit addition to its Main St. Plaza Apartments, and a new 30-unit building at Corrina Blvd. and Buckley St.

Power line project could cost up to $580 million
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A proposed high-voltage power line linking Madison and La Crosse would cost up to $580 million, of which Wisconsin customers would pay about $87 million.

Marshfield research start-up lands angel investor funding
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Microscopy Innovations LLC, a Marshfield company that makes a system for preparing microscope specimens, has raised $410,000 of a proposed $750,000 funding round, according to documents filed with federal securities regulators.

US Cellular restores wireless service after storm outage
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US Cellular says its wireless service has been restored in Milwaukee and Waukesha counties after it was down for at least several hours as the result of a damaged transmission tower.

Waupaca Foundry sold to Hitachi Metals for $1.3 billion
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KPS Capital Partners LP said Tuesday it has agreed to sell Waupaca Foundry Inc. to Hitachi Metals Ltd. for $1.3 billion in cash.

In uncertain times, yacht industry keeps afloat
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For about $150 million, Sturgeon Bay yacht builder Palmer Johnson Inc. will sell you a mansion on water.

Sharp Packaging Systems proposes new headquarters in Sussex
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A Sussex-based company which makes machines that make bags and other flexible packaging materials is proposing a new headquarters.

Plymouth Tube to close East Troy mill, cut 34 jobs
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Plymouth Tube Co. will close a mill in East Troy, cutting 34 jobs.

Madison-start up lands venture funding
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Silatronix Inc., a Madison start-up that is aiming to make lightweight lithium ion batteries much more efficient and safe, has raised $2.8 million, according to a filing the company made with federal securities regulators.

Dollar General enters bidding for Family Dollar
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New York— Suddenly there are a whole lot of dollars flying around the dollar store retail segment.

Mayville Engineering adding new East Coast plant
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The 148,000-square-foot facility in Atkins, Va., will serve original equipment manufacturers.

Wisconsin home sales decline 2.4% in July, but prices rise
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A report Monday by the Wisconsin Realtors Association shows 7,240 home sales closed last month. At the same time, the median price paid for a home in the state rose 2.4% to $158,700.

Smaller cranberry harvest expected in Wisconsin
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The harvest will yield 4.5 million barrels of cranberries this fall, the U.S. Department of Agriculture estimates, a decrease of 10% from a record-high harvest in 2013.

Entrepreneurship is the answer for some people with autism
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There is a growing movement to help autistic adults find jobs, but for Matt Cottle and his family, the answer was a business of his own.

With 'subscription box' retailers, Christmas now comes once a month
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With Wantable, Stitch Fix and other subscription commerce sites, consumers can let online retailers shop for them and receive a surprise package every month or so.

Business Index
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