From WisBusiness.com …
— Gov. Jim Doyle on Wednesday announced $500,000 in Technology Zone tax credits split between two state businesses.
D&S Manufacturing of Black River Falls is to receive $250,000 for a project expected to create 15 new positions. Northland Stainless Inc. in Tomahawk is to receive $250,000 for a project expected to create 12 new positions.
— As part of The F. Dohmen Co.’s 150th anniversary, COO Cynthia LaConte has announced it will make contributions totaling $750,000 to two Wisconsin organizations.
Through The F. Dohmen Co. Foundation, the Wisconsin Historical Society will receive $250,000 while the UW-Madison School of Pharmacy will receive $500,000 in the form of student scholarships. Half of the UW donation will go to the pharmacy practice division, and the rest will be committed to the pharmaceutical sciences division.
See details: http://www.wisbusiness.com/index.iml?Article=140324
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Press Releases
· F. Dohmen Co.: Donates $750,000 to UW-Madison, Historical Society
· PDS: Acquires Vision Controls Corporation
· Connecting Rural America: On election day, FCC may vote to slash funds for rural cell service in Wisconsin
· Dept. of Commerce: Governor Doyle announces funding for D&S Manufacturing, Inc.
· Dept. of Commerce: Governor Doyle Announces Funding for Northland Stainless, Inc.
· Dept. of Commerce: Informational meetings on new electrical licensing and inspection requirements to be held in Berlin, Richland Center, Ashland, Rhinelander, Rice Lake
· Expo Productions, Inc.: Call for technical presentations at 9th annual Electrical Wire Processing Technology Expo
· RedPrairie Corp.: Demonstrates advanced recall during Microsoft keynote presentation
· The Employer Group: Brian Gile promoted
· UW-Madison: School for beginning market vegetable growers set for January
· UW-Madison: Wisconsin online career-matching resource launched
For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82
TOP STORIES
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Fed cuts key interest rate to boost economy: The Federal Reserve has slashed a key interest rate by half a percentage point as it seeks to revive an economy hit by a long list of maladies stemming from the most severe financial crisis in decades. The central bank on Wednesday reduced its target for the federal funds rate, the interest banks charge on overnight loans, to 1 percent, a low last seen in 2003-2004. The funds rate has not been lower since 1958, when Dwight Eisenhower was president.
http://www.greenbaypressgazette.com/article/20081030/GPG03/810300599/1247
MillerCoors signs lease for Chicago HQ: MillerCoors LLC has signed a long-term lease in a boutique Wacker Drive office building, where the beermaker will relocate its headquarters operations in June from Milwaukee and Colorado. MillerCoors has signed a lease at 250 S. Wacker Drive. The joint venture of Molson Coors Brewing Co. and SABMiller PLC has signed a 15-year lease for about 129,000 square feet at 250 S. Wacker Drive, according to sources familiar with the transaction.
http://www.chicagobusiness.com/cgi-bin/news.pl?id=31583&seenIt=1
Oshkosh Corp. loses on $20 billion contract : In a decision that surprised Wall Street analysts, Oshkosh Corp. was eliminated from competition to develop a lightweight military tactical vehicle to replace the once mighty Humvee. Analysts had expected Northrop Grumman Corp. and its partner Oshkosh Truck Corp. to be among the winners for the $20 billion contract.
http://hosted.ap.org/dynamic/stories/W/WI_HUMVEE_REPLACEMENT_CONTRACT_WIOL-?SITE=WIMAD&SECTION=HOME&TEMPLATE=DEFAULT
Delta, Northwest deal clears: Delta and Northwest airlines won antitrust approval on Wednesday, with the Justice Department saying the creation of what will be the world’s largest airline will help consumers without hurting competition. The approval means the only thing standing between the two airlines and the deal closing is a trial in San Francisco next week in a lawsuit brought by 28 travelers. Northwest CEO Doug Steenland has said he does not believe the lawsuit will stop the deal, which the carriers have said they hope to close by the end of this year.
http://www.postcrescent.com/article/20081030/APC03/810300580/1028
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WISBUSINESS FEATURED COLUMNISTS
– GREGG HOFFMANN: Contributor, WisBusiness.com
– TOM STILL: President, Wisconsin Technology Council
– JENNIFER SERENO: Senior manager, Wood Communications Group
– STEVE JAGLER: Executive editor, Small Business Times
– TOM BURZINSKI: IT executive and consultant
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TECHNOLOGY (back to top)
– WLUK back in Time Warner lineup
http://www.thenorthwestern.com/article/20081030/OSH03/810300439/1167
– Oneida recording studio has an ear for tradition
http://www.greenbaypressgazette.com/article/20081030/GPG03/810300634/1247
ECONOMY (back to top)
– Growth helps Bellevue keep control of taxes
http://www.greenbaypressgazette.com/article/20081030/GPG0101/810300649/1207&located=RSS
MANUFACTURING (back to top)
– Digicorporation plans expansion to Neenah facility
http://www.postcrescent.com/article/20081030/APC03/810300569/1028
– Oscar Mayer grows in third quarter
http://www.madison.com/tct/business/311848
– Magnetek profit rises
http://www.bizjournals.com/milwaukee/stories/2008/10/27/daily35.html
– Manitowoc stock takes a tumble
http://www.jsonline.com/business/33550174.html
LABOR (back to top)
– Former Rich Bakery Products worker retools his career as designer for Metso Paper
http://www.postcrescent.com/article/20081030/APC03/810300560/1028
– Employers fear paid sick leave will raise their costs
http://www.jsonline.com/business/33544954.html
INVESTING (back to top)
– Wisconsin Energy replacing MGIC in S&P 500
http://www.bizjournals.com/milwaukee/stories/2008/10/27/daily36.html
REAL ESTATE (back to top)
– Main Street businesses like downtown Oshkosh Main Street plan
http://www.thenorthwestern.com/article/20081030/OSH0101/810300456/1128&located=RSS
– Homebuilding’s benefits outweigh costs, trade group’s study says
http://www.madison.com/wsj/home/biz/311933
RETAIL (back to top)
– Halloween not scary for area retailers
http://www.sheboyganpress.com/article/20081030/SHE0101/810300418/1062&located=RSS
– Willy Street Co-op loans manager to foundering Stoughton co-op
http://www.madison.com/wsj/home/biz/311866
REGULATION (back to top)
– Bar owners in the village of Weston offer mixed feelings on idea of a smoking ban, but say a local restriction would hurt business
http://www.wausaudailyherald.com/article/20081030/WDH0101/810300741/1581&located=RSS
UTILITIES (back to top)
– Wisconsin Energy boosts 4th-quarter profit outlook
http://www.jsonline.com/business/33552259.html
HEALTH CARE (back to top)
– Medical College launches public health doctoral program
http://www.bizjournals.com/milwaukee/stories/2008/10/27/story15.html?b=1225080000^1722549
– Hospitals investing more in interventional radiology
http://www.bizjournals.com/milwaukee/stories/2008/10/27/story12.html?b=1225080000^1722535
– More hospitals offer palliative care, focusing on quality of life
http://www.jsonline.com/business/33554739.html
FINANCIAL SERVICES (back to top)
– Survey finds more employees pulling money from retirement accounts
http://www.jsonline.com/newswatch/33537944.html
MANAGEMENT (back to top)
– Chamber names Monique VP of economic development
http://www.greenbaypressgazette.com/article/20081030/GPG03/810300600/1247
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