(WisBusiness) TUES News Summary — 26 February 2008

From WisBusiness.com …

— UW professor and stem cell researcher James Thomson has been named as the first member of the Morgridge Institute for Research’s multidisciplinary scientific leadership team.

Thomson has accepted the position of director of regenerative biology and will become a principal scientist at the new institute. Thomson will also retain his faculty appointment at the university.

Read the release:
http://www.wisbusiness.com/index.iml?Article=119143

— Today is Business Day in Madison, where attendees will hear about the political landscape in 2008 and the legislative challenges facing the business community.

Gov. Jim Doyle is set to deliver the keynote address at 3:30 p.m.

See details:
http://www.wmc.org/display.cfm?ID=1027

— Milwaukee’s Small Business Times has introduced the BizTimes Manufacturing Weekly, a new weekly e-mail news bulletin covering Wisconsin’s manufacturing industry. Each Monday, Small Business Times will send out a new edition of the free BizTimes Manufacturing Weekly, which will feature Wisconsin manufacturing news, analysis, operational insights, personnel announcements, a calendar of events and links to other resources for executives in the manufacturing industry. The bulletin also is posted online at www.biztimes.com/manufacturingweekly.

— Tomorrow’s Milwaukee Press Club Newsmaker Luncheon will feature Mark Murphy, the new president and chief executive officer of the Green Bay Packers.

The event will begin with lunch at noon at Joey Buona’s, 500 N. Water St., in downtown Milwaukee. The public is invited to attend and meet Murphy, who recently succeeded Bob Harlan as the leader of the Pack.

Murphy will be interviewed at the luncheon by a panel of professional journalists, including Fox-6 sportscaster Tom Pipines, ESPN-Milwaukee AM 540 talk show host Steve “The Homer” True and Milwaukee Journal Sentinel sports writer Tom Silverstein. The forum panel will be moderated by Small Business Times executive editor Steve Jagler.

See details:
http://www.milwaukeepressclub.org/events/details/55

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WHAT’S THE GREAT LAKES WATER COMPACT MEAN FOR WISCONSIN?

Explore “The Issues and Science behind the Pending Great Lakes Water Compact” March 5 at a special Blueprint Briefing at Discovery World on Milwaukee’s lake front.

The briefing, open to the public, will feature “Great Lakes Water Wars” author Peter Annin; Kevin Wilson, assistant deputy minister of the Ontario Ministry of Natural Resources; Todd Ambs, Wisconsin Department of Natural Resource’s water division chief and member of the board of the Great Lakes Commission; Matt Moroney, executive director of the Metropolitan Builders Association of Greater Milwaukee; and Ann Beier, director, Office of Environmental Sustainability,
City of Milwaukee.

UW-Milwaukee officials also plan a briefing on the science and research behind the policy immediately following the panel discussion.

The special briefing is being presented by WisPolitics.com-WisBusiness.com, UW-Milwaukee, the Metropolitan Milwaukee Association of Commerce (MMAC), the Government of Canada, and Discovery World.

See more and register:
http://www.wispolitics.com/index.iml?Article=116957
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Press Releases
Dept. of Commerce: Announces Entreprenurial Web Cast
Gov. Doyle: To Address Business Day in Madison
Greater Milwaukee Committee: Holds first accountability meeting with MPS
NFIB/Wisconsin: Business Day in Madison set for Tuesday
State Treasurer Sass: Announces Wisconsin Saves 2008
UW-Madison: James Thomson celebration event and news conference today
UW-Madison: Stem cell pioneer James Thomson named to Morgridge Institute for Research scientific leadership team
Waukesha County Chamber of Commerce: Great Lakes Water Compact Forum
WHEDA: Executive director to address Genesis Enterprise Center tomorrow
Wisconsin Economic Development Association: Combined reporting tax system: A negative for economic development

For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82


TOP STORIES
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Orion wins lighting patent: Apollo dome designed to cut energy use in buildings… Orion Energy Systems Inc. said it has received a patent for its Apollo Light Pipe, a small glass skylight dome that, when mounted in a roof, reflects daylight inside to help cut energy use. Orion said it plans to deploy the Light Pipe in conjunction with the energy-efficient lighting it installs in warehouses, factories and other buildings to enable customers to turn off lights when the sun is bright and electricity prices are high. The patent covers the geometric design of the dome, which Orion credits for enabling its product to collect daylight for longer stretches than similar lighting products on the market.
http://www.jsonline.com/story/index.aspx?id=721810

Goal: Increase city jobs, tax base: Madison must be aggressive and invest to create good jobs and increase its tax base, the city ‘s first new economic development plan in 25 years says. But some say the plan itself isn ‘t bold enough. The city, criticized for being ambivalent and even hostile to business, is spending up to $75,000 for the three-to-five year strategic plan, intended to help guide the city as public jobs decline and the private sector becomes more vital. The 47-page draft plan, prepared by Ticknor & Associates of the Chicago area, applauds city initiatives such as rewriting its archaic zoning code and creating an Economic Development Division.
http://www.madison.com/wsj/home/local/274260

Clark County plant to move to Mexico: It’s an economic punch to the city’s gut that a major employer will close later this year and move to Mexico, said Neillsville Mayor Diane Murphy. About 130 workers will lose their jobs when Leeson Electric Motors Plant, a division of Regal Beloit Corp., begins layoffs this summer. “It’s hard on a small community like us to take jobs away from people and go to Mexico,” Murphy said. All workers will be offered jobs within Regal Beloit, said Chuck Johnson, Neillsville manager of shop operations. “There will be offers to relocate with the company,” Johnson said.
http://www.wausaudailyherald.com/apps/pbcs.dll/article?AID=/20080226/WDH0101/802260643/1581/WDHnews

Governor to push stimulus agenda: Doyle’s proposals focus on state’s economic growth… Gov. Jim Doyle is expected to showcase his plans for economic growth before Wisconsin business leaders today at a conference in Madison. Doyle, who’s been in Washington for a meeting of the National Governors Association, will be outlining his Grow Wisconsin agenda, a series of proposals to boost the economy through research and development incentives for businesses. “From the bigger companies to small startups, we really want to encourage that kind of development,” Doyle said in an interview from Washington. “The proposal calls for real help for manufacturers, particularly as they become leaner and more productive.”
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/20080226/APC03/802260610/1888/APCbusiness

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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)
– UW’s James Thomson named to scientific leadership team
http://www.madison.com/tct/news/274214

– Multiple e-mail scams hit TDS customers, company says
http://www.madison.com/tct/business/274207

BIOTECH (back to top)
– Another choice for cardiologists, patients
http://www.madison.com/wsj/topstories/274264

– Bruker AXS parent approves merger, name change
http://milwaukee.bizjournals.com/milwaukee/stories/2008/02/25/daily2.html?surround=lfn

ECONOMY (back to top)
– Economists see growing signs of recession
http://www.madison.com/tct/business/274176

– Kimberly-Clark notes quarterly dividend
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/20080226/APC03/802260594/1888/APCbusiness

– Weyco Group 4Q profits up slightly
http://milwaukee.bizjournals.com/milwaukee/stories/2008/02/25/daily10.html?surround=lfn

– Maddock Douglas invests in Middleton’s Sway
http://milwaukee.bizjournals.com/milwaukee/stories/2008/02/25/daily6.html?surround=lfn

MANUFACTURING (back to top)
– Pulaski manufacturer puts emphasis on product, service
http://www.greenbaypressgazette.com/apps/pbcs.dll/article?AID=/20080226/GPG03/802260522/1247/GPGbusiness

– Oshkosh Corp. names unit leader
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/20080226/APC03/802260595/1888/APCbusiness

LABOR (back to top)
– Unions feel threat from prison workers
http://www.dailyreporter.com/item.cfm?recid=20047952&snippet=t&forward=%2Fitem%2Ecfm%3Frecid%3D20047952%26snippet%3Df

SMALL BUSINESS (back to top)
– Kind discusses small businesses and other issues at roundtable
http://www.rivervalleynewspapers.com/articles/2008/02/26/business/00kind0226.txt

– Student’s the boss
http://www.jsonline.com/story/index.aspx?id=721808

INVESTING (back to top)
– Visa advancing plan to make public offer
http://www.madison.com/wsj/home/biz/274268

– Goldman Sachs downgrades M&I
http://milwaukee.bizjournals.com/milwaukee/stories/2008/02/25/daily5.html?surround=lfn

REAL ESTATE (back to top)
– Housing market still in doldrums
http://www.madison.com/tct/business/274193

AGRIBUSINESS (back to top)
– Bumper crop prices mean good outlook for farmers
http://www.lacrossetribune.com/articles/2008/02/26/news/02crops.txt

– Feingold Supports Certain Provisions in Farm Bill Proposal
http://wisconsinagconnection.com/story-state.php?Id=249&yr=2008

TRANSPORTATION (back to top)
– DRS joins bid for Humvee replacement work
http://milwaukee.bizjournals.com/milwaukee/stories/2008/02/25/daily3.html?surround=lfn

RETAIL (back to top)
– Craft beer sales rise in 2007
http://www.madison.com/wsj/home/biz/274269

REGULATION (back to top)
– OSHA fines Lakehead for safety violations after 4 workers die
http://hosted.ap.org/dynamic/stories/W/WI_WORKERS_KILLED_WIOL-?SITE=WIMAD&SECTION=HOME&TEMPLATE=DEFAULT

TOURISM (back to top)
– Milwaukee Brewers set single-day sales record
http://milwaukee.bizjournals.com/milwaukee/stories/2008/02/25/daily4.html?surround=lfn

UTILITIES (back to top)
– WPL will install new meters
http://www.madison.com/wsj/home/biz/274270

HEALTH CARE (back to top)
– Criticare agrees to purchase proposal
http://www.jsonline.com/story/index.aspx?id=721807

– Health insurance change to net savings
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/20080226/APC0101/802260602/1003/APCnews

– Federal funding means Tomah VA hospital can speed up building project
http://www.lacrossetribune.com/articles/2008/02/26/news/z05va26.txt

FINANCIAL SERVICES (back to top)
– Thrivent dividend payout set
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/20080226/APC03/802260596/1028/APCbusiness

– MGIC placed on credit watch
http://www.jsonline.com/story/index.aspx?id=721809

– Humana looks to revamped, renamed Green Bay unit for growth
http://milwaukee.bizjournals.com/milwaukee/stories/2008/02/25/daily7.html?surround=lfn

– Badgerland FCS Members to Receive Cash Patronage Payments
http://wisconsinagconnection.com/story-state.php?Id=250&yr=2008

MANAGEMENT (back to top)
– Kimberly-Clark program promotes good will in Fox Valley
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/20080226/APC0101/802260634/1003/APCnews

– Green Bay native named CFO at W.W. Grainger in Chicago
http://www.greenbaypressgazette.com/apps/pbcs.dll/article?AID=/20080226/GPG03/802260534/1247/GPGbusiness

– Geiger Elected President of Wisconsin Holstein Association
http://wisconsinagconnection.com/story-state.php?Id=248&yr=2008

BUSINESS COLUMNS (back to top)
– Arlen Boardman: Inflation something slumping U.S. economy doesn’t need
http://www.postcrescent.com/apps/pbcs.dll/article?AID=/20080226/APC0701/802260593/1888/APCbusiness

Media Partners
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Small Business Times
Madison Magazine
BusinessWeek

National Business Roundups ( back to top)
–YAHOO FINANCE: http://finance.yahoo.com/
–CNBC BUSINESS NEWS: http://www.cnbc.com
–ABC BUSINESS NEWS: http://abcnews.go.com/sections/business/
–GOOGLE NEWS: http://news.google.com/news/en/us/business.html

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