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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

Spectrum acquires Pennsylvania company
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Consumer products company Spectrum Brands Holdings Inc. said Thursday it has agreed to buy Tell Manufacturing Inc., a manufacturer of commercial doors, locks and hardware.

Enjoy the easy money while it lasts
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By mid-2015, economists expect the Federal Reserve to abandon a nearly 6-year-old policy of keeping short-term rates at record lows.

Wisconsin's private-sector job growth ranks 33rd in U.S., quarterly report shows
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Wisconsin gained 28,712 private-sector jobs in the 12-month period from March 2013 to March 2014— a 1.26% growth rate.

Wisconsin's unemployment rate falls to 5.6% in August
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Wisconsin's unemployment rate dipped to 5.6% in August, down from 5.8% in July and 6.7% one year ago in August 2013.

Marcus earnings fall 7.4% as moviegoers stay home
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Marcus Corp.'s fiscal first-quarter earnings dropped 7.4%, with fewer people going to the movies this summer, the Milwaukee-based cinema and hotel operator reported Thursday.

Retailers giving more flu shots
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Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles.

Elkhart Lake's Osthoff Resort trades flip-flops for wingtips
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With its latest expansion, the Osthoff is playing to a wider audience than vacationing families: corporate meetings and group events.

Purchase could bring major changes for MillerCoors, Milwaukee
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If Anheuser-Busch InBev takes over SABMiller— and that is a big if — SABMiller could be forced to sell its half of MillerCoors. And that could bring changes in Milwaukee.

Hassless Mattress opens 4 worker-less retail outlets
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Hassless Mattress, a retail business spun out of the Penny Mustard furniture chain, has opened four Milwaukee-area stores with an unusual twist— no employees are on hand to staff the locations.

Beloit-based game maker Patch Products sold to private equity firm
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Patch Products, a Beloit game manufacturer, has been acquired by a private equity firm that focuses on businesses with annual revenues below $75 million.

Bioscience trade group BioForward names Laura Bray new CEO
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Laura Bray comes to the position from her job as executive director of Menomonee Valley Partners Inc., an agency involved in the redevelopment of Milwaukee’s Menomonee Valley.

Zywave buys health care software from Pennsylvania firm
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Insurance software provider Zywave Inc. said Wednesday it has completed the acquisition of the health plan document software of Strategic Recovery Partnership Inc., a Pennsylvania firm.

Barrel cheddar, butter prices hit record highs on Chicago Mercantile Exchange
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That’s good news for Wisconsin’s nearly 11,000 dairy farms, because the prices they receive for milk are calculated using formulas based in part on butter and cheddar cheese prices.

Kohl's to boost seasonal hiring, including at warehouses
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The department store retailer plans to hire 68,000 seasonal workers, including 9,300 temps at distribution centers.

Tea party official rips We Energies' plan to alter solar charges
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Free market for solar power trumps We Energies’ plan to change the way it charges for those who use solar power, a tea party official says.

Chick-fil-A anticipates customers will show hunger for new locations
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The fast-food chain Chick-fil-A will mark the beginning of its expansion in Wisconsin on Thursday when it opens a restaurant in Brookfield, with a second to open Sept. 25 in Greendale.

ASQ figures show managers' gap in understanding firm's quality
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The further from the top-level positions, the less favorable the view of a company’s culture of quality, according to the research.

Cree files patent infringement lawsuits against 2 competitors
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Cree Inc. said Tuesday it has filed patent infringement lawsuits against Harvatek Corp. and Kingbright Corp. in U.S. District Court for the Western District of Wisconsin.

Apartments proposed near Carroll University
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Middleton-based T. Wall Enterprises LLC is proposing two five-story buildings, with 264 units, for 3.4 acres at 211-227 Maple Ave., Waukesha.

Business Index
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