From WisBusiness.com …
— Two companies that stage materials for the assembly line at GM’s Janesville plant have notified the state about a total of 187 layoffs planned for Dec. 23.
LSI provided notice to DWD detailing the permanent layoff of 159 workers and Flint Services announced 28 layoffs.
— RedPrairie Corp. has decided to move its headquarters to Delafield, rather than downtown Milwaukee.
The growing consumer-driven optimization company, which has been leasing space along Interstate 94 in the Town of Brookfield, had been discussing a move with officials from the City of Milwaukee over the past few years.
Instead, the company announced plans Tuesday to move to a new Delafield technology park, in partnership with RP Technology Development Group LLC.
See more from Milwaukee’s Small Business Times:
http://www.biztimes.com/daily/2008/10/21/#redprairie-chooses-delafield-for-new-headquarters
— Today at 10 a.m. Northwestern Mutual President and CEO Edward J. Zore will join Gov. Jim Doyle, Franklin Mayor Tom Taylor and company employees for a ribbon-cutting ceremony to mark the completion of a facility expansion project at its corporate campus in Franklin.
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**NOV. 18: A post-election look at where the state economy is heading**
Discovery World
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7:30-9 a.m.
Featuring: Commerce Secretary Richard Leinenkugel, former Commerce Secretary Cory L. Nettles of Quarles & Brady, Competitive Wisconsin Director and former Commerce Secretary William McCoshen, state Sen. Ted Kanavas, a member of the Senate committee on economic development, and UW-Madison political scientist Ken Goldstein.
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Press Releases
· Alliant Energy: Urges qualified customers to apply for energy assistance
· AT&T: Awards $227,000 grant to help keep 100 at-risk Madison students in school
· UW-Whitewater: NASA engineer to talk about new spacecraft Orion
· Wis. Biotechnology & Medical Device Association, WisBusiness.com: Wis. biotech leaders optimistic despite shift in perceptions of capital availability
· WMC: Doyle recommendations reflect improved air quality, will protect Wisconsin’s business climate
For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82
TOP STORIES
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More GM-Janesville suppliers to shut down : More suppliers to the General Motors plant in Janesville are planning mass layoffs Dec. 23 – the same day GM is ending production of sports utility vehicles there. LSI in Janesville told the state Department of Workforce Development on Tuesday it will lay off 159 workers and stop operations. Flint Services of Janesville said it will close its operation and lay off 28 workers.
http://hosted.ap.org/dynamic/stories/W/WI_GM_RELATED_LAYOFFS_WIOL-?SITE=WIMAD&SECTION=HOME&TEMPLATE=DEFAULT
Papermaker Appleton, union agree to three-year deal: Papermaker Appleton and Local 2-469 of the United Steelworkers have endorsed a new three-year labor agreement. About 675 employees will be affected at the company’s city facilities. Employees continued to work despite a rejection last month of the pending contract. The former contract expired Aug. 31.
http://www.postcrescent.com/article/20081022/APC03/810220464/1028
Wisconsin venture investments slow: Wisconsin companies raised less than $7 million in venture capital during the third quarter, the smallest amount pulled in by the state since the second quarter of 2007. Wisconsin’s decline comes during a nationwide downturn in venture capital investment. Venture capitalists invested $7.1 billion in U.S. companies during the third quarter, down 7 percent from $7.7 billion during the same period in 2007, according to a survey from MoneyTree. The report is compiled by PricewaterhouseCoopers and the National Venture Capital Association, using data from Thomson Reuters.
http://www.bizjournals.com/milwaukee/stories/2008/10/20/daily18.html
Midwest Airlines weekday flight to Milwaukee restored: After a few months of flight cutbacks, Austin Straubel International Airport is restoring a weekday flight to Milwaukee. Midwest Airlines announced the restoration of a third daily flight to Milwaukee that was suspended last month as carriers across the country pared flight schedules in a turbulent industry that has been hampered by sky-high fuel prices.
http://www.greenbaypressgazette.com/article/20081022/GPG03/810220696/1247
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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)
– Preparing for careers in the 21st century
http://www.bizjournals.com/milwaukee/stories/2008/10/20/focus1.html?b=1224475200^1718911
BIOTECH (back to top)
– Survey finds concern about state biotech funding
http://www.madison.com/wsj/home/biz/310600
MANUFACTURING (back to top)
– Erdman plans new plant in Waunakee
http://www.madison.com/wsj/home/biz/310598
– Twin Disc profits plunge
http://www.bizjournals.com/milwaukee/stories/2008/10/20/daily13.html
– ZBB inks sales pact for Australia, New Zealand markets
http://www.bizjournals.com/milwaukee/stories/2008/10/20/daily19.html
LABOR (back to top)
– Job protection gets critical
http://www.postcrescent.com/article/20081022/APC03/810220457/1028
– Manpower reports $43.2M loss
http://www.postcrescent.com/article/20081022/APC03/810220472/1028
– Foley hires former Heller Ehrman attorneys
http://www.bizjournals.com/milwaukee/stories/2008/10/20/daily16.html
SMALL BUSINESS (back to top)
– Appleton nightclub opens with new name, personality
http://www.postcrescent.com/article/20081022/APC03/810220462/1028
– Cost prohibits small businesses from offering health benefits
http://www.jsonline.com/story/index.aspx?id=808751
INVESTING (back to top)
– More investors encouraging entrepreneurial development
http://www.thenorthwestern.com/article/20081022/MNH0101/810220404/1732&located=RSS
– Stocks’ wild ride: Volatility shows fear’s role in market
http://www.madison.com/tct/business/310479
REAL ESTATE (back to top)
– $72 million justice center proposal vote looms large Nov. 4 for Stevens Point
http://www.stevenspointjournal.com/article/20081022/SPJ0101/810220780/1657&located=RSS
– Waupun multi-use development project continues to move forward
http://www.fdlreporter.com/article/20081022/FON0101/810220519/1289&located=RSS
– Oshkosh Plan Commission zoning change could add mandatory trees to new subdivsions
http://www.thenorthwestern.com/article/20081022/OSH0101/810220402/1128&located=RSS
– A tale of two cities’ TIFs
http://www.madison.com/wsj/topstories/310611
– Madison: City poised to shift development support to projects that would generate jobs
http://www.madison.com/tct/business/310552
– RedPrairie would anchor Delafield business park
http://www.jsonline.com/story/index.aspx?id=808760
– Judge rejects appointing receiver for Bayshore entertainment complex
http://www.jsonline.com/story/index.aspx?id=808711
– Homebuilder falls behind on payments to contractors, suppliers
http://www.jsonline.com/story/index.aspx?id=808676
AGRIBUSINESS (back to top)
– Feds declare Wis. counties ag disasters
http://www.htrnews.com/article/20081022/MAN0101/810220558/1358&located=RSS
– Some state crops in good shape, others not
http://www.madison.com/tct/business/310484
TRANSPORTATION (back to top)
– Obama writes letter to Midwest Airlines
http://www.postcrescent.com/article/20081022/APC03/810220471/1028
– Midwest Airlines weekday flight to Milwaukee restored
– Marten Transport doubles 3Q profit
http://www.bizjournals.com/milwaukee/stories/2008/10/20/daily21.html
RETAIL (back to top)
– Sales predictions fill retailers with dread
http://www.greenbaypressgazette.com/article/20081022/GPG03/810220694/1247
– Movie, new stores boost American Girl sales
http://www.madison.com/tct/business/310515
REGULATION (back to top)
– Drinking laws may toughen
http://www.postcrescent.com/article/20081022/APC0101/810220483/1004&located=RSS
– Weston town board approves asphalt plant
http://www.wausaudailyherald.com/article/20081022/WDH0101/810220805/1581&located=RSS
UTILITIES (back to top)
– WPS scholarships now available
http://www.greenbaypressgazette.com/article/20081022/GPG03/810220697/1247
HEALTH CARE (back to top)
– Mental health center gets proposed name
http://www.greenbaypressgazette.com/article/20081022/GPG0101/810220733/1207&located=RSS
FINANCIAL SERVICES (back to top)
– Profits take a hit at U.S. Bancorp
http://www.bizjournals.com/milwaukee/stories/2008/10/20/daily20.html
– National City posts 3Q loss of $729 million; will cut 4,000 jobs
http://www.bizjournals.com/milwaukee/stories/2008/10/20/daily12.html
MANAGEMENT (back to top)
– Business Summit leader urges audience to plan ahead in filling critical positions, including CEO
http://www.htrnews.com/article/20081022/MAN0101/810220556/1358&located=RSS
– Randy Rose to speak at St. Norbert
http://www.greenbaypressgazette.com/article/20081022/GPG03/810220693/1247
– Marquette leader reaches out
http://www.bizjournals.com/milwaukee/stories/2008/10/20/focus2.html?b=1224475200^1718916
– Grundhofer gets American Banker Lifetime Achievement award
http://www.bizjournals.com/milwaukee/stories/2008/10/20/daily17.html
BUSINESS COLUMNS (back to top)
– Tanette Johnson Elie: Networking vital even in bad times
http://www.jsonline.com/story/index.aspx?id=808674
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