(WisBusiness) FRI News Summary — 2 Oct. 2009

FRI WisBusiness News Summary
2 October 2009
Exclusively for WisBusiness Subscribers


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From WisBusiness.com …

— The federal Bureau of Labor Statistics reports that national job losses continued in September, and the unemployment rate continued to trend up, reaching 9.8 percent. Nonfarm payroll employment fell by 263,000 over the month.

See the full statement: http://www.bls.gov/news.release/pdf/jec.pdf

— The Wisconsin Farm Bureau and state agriculture secretary are applauding the federal government for providing $350 million in relief for dairy farmers.

The money includes $290 million in direct support to farmers and $60 million to increase cheese and dairy product purchases by the U.S. Department of Agriculture.

Rod Nilsestuen, the state’s agriculture secretary, credited U.S. Sen. Herb Kohl and U.S. Rep. Dave Obey for their help in getting the money approved.

See the farm bureau statement: http://www.wisbusiness.com/index.Iml?Article=172081

See Nilsestuen’s staetment: http://www.wisbusiness.com/index.Iml?Article=172082

— A Wisconsin utility has received the final approval it needs to start building a new wind farm in Minnesota.

The Minnesota utility regulator has approved the plan, three months after it was okayed by Wisconsin’s Public Service Commission.

When it’s finished, the site is expected to provide enough energy to power approximately 50,000 homes.

See details: http://wispolitics.com/index.Iml?Article=172065

— The ethanol and overall biofuel industry has been started and built primarily by independent entrepreneurs to date in the nation and Wisconsin.

That independent spirit remains alive today, amidst a recession and attacks by the petroleum industry and others. It can be both an asset and a liability as the industry moves into a more mature phase.

Read a new GreenBiz column on the efforts of the Wisconsin Bio Industry Alliance to promote the state’s biofuels industry: http://blogs.wisbusiness.com/bizopinion/2009/10/greenbiz-alliance-works-to-expand-state.html

TOP STORIES
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Metavante deal will add local employees, CEO says: Under its new ownership, the former Metavante Technologies Inc. is likely to sustain some short term, minor job losses in the Milwaukee area but will gain employees in the long run, the company’s top executives said.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/28/daily65.html

Milwaukee pitching for 400 airline jobs: State and local government officials are putting together an incentive package aimed at attracting as many as 400 airline-related jobs to the Milwaukee area.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/10/05/story1.html?b=1254715200^2194311

M7 backers to fund next phase: As the Milwaukee 7 regional economic development initiative exhausts the fifth and final year of its original $5.3 million funding, the group’s main constituents are pleased with its progress and prepared to pledge support for another five years.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/10/05/story2.html?b=1254715200^2194611

Wis. to host 3 events if Chicago gets 2016 Games : Wisconsin officials are awaiting the International Olympic Committee’s decision Friday whether to award the 2016 games to Chicago or one of three other finalist cities.
http://hosted.ap.org/dynamic/stories/O/OLY_2016_CHICAGO_WIS_WIOL-?SITE=WIEAU&SECTION=HOME&TEMPLATE=DEFAULT

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VISIT BIZOPINION FOR BUSINESS-RELATED COMMENTARY

See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler:
http://blogs.wisbusiness.com/bizopinion

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TECHNOLOGY (back to top)
– Fidelity closes $4B acquisition of Metavante
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/28/daily59.html

MANUFACTURING (back to top)
– Eucalyptus trees to change paper industry, executive says at Paper Industry International Hall of Fame induction
http://www.postcrescent.com/article/20091002/APC03/910020461

LABOR (back to top)
– Wisconsin offers more aid to displaced workers in Fox Valley
http://www.postcrescent.com/article/20091002/APC0101/910020486/1979

– Proposed Brown County budget cuts 13 jobs, money for Teen Court, other programs
http://www.greenbaypressgazette.com/article/20091002/GPG0101/910020535/1978

– University Dining jobs a treat for UWSP students
http://www.wausaudailyherald.com/article/20091002/CWS03/310020037/-1/WDH03/

– Marathon County: Unions might delay raise
http://www.wausaudailyherald.com/article/20091002/CWS03/310020043/-1/WDH03/

– Eau Claire County, union argee to furloughs
http://www.leadertelegram.com/story-news.asp?id=BLB3L6IM021

SMALL BUSINESS (back to top)
– Northwoods Economic Summit V summit to focus on entrepreneurship
http://www.greenbaypressgazette.com/article/20091002/GPG03/910020515

REAL ESTATE (back to top)
– Green Bay: Mayor Schmitt: Broadway Business Improvement District should focus on development
http://www.greenbaypressgazette.com/article/20091002/GPG03/910020518

– Kronenwetter gives developer green light to start fourth subdivision
http://www.wausaudailyherald.com/article/20091002/CWS03/310020041/-1/WDH03/

RETAIL (back to top)
– Snap-On tool tour rolls into Green Bay
http://www.greenbaypressgazette.com/article/20091002/GPG03/910020514

– Oshkosh: Best Buy gives customers a royal welcome
http://www.thenorthwestern.com/article/20091002/OSH03/910020397

– Packers Greg Jennings to be pitchman for A&W
http://www.thenorthwestern.com/article/20091002/OSH03/91001198

TOURISM (back to top)
– Olympic pick of Chicago would be tourism boon to Madison, Wisconsin
http://host.madison.com/wsj/news/local/article_2a19ae9e-aeb8-11de-bae3-001cc4c002e0.html

UTILITIES (back to top)
– Alliant wind farm wins Minnesota approval
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/28/daily62.html

HEALTH CARE (back to top)
– Hospital president receives lifetime achievement award
http://www.wausaudailyherald.com/article/20091002/CWS03/310020060/-1/WDH03/

MANAGEMENT (back to top)
– New CEO named for Johnson Controls venture
http://milwaukee.bizjournals.com/milwaukee/stories/2009/09/28/daily61.html

PRESS RELEASES (back to top)
· Alliant Energy: Receives approval to bring more “green” power to Wisconsin Power and Light Company customers
· DATCP: Nilsestuen commends Kohl, Obey for helping dairy farmers in crisis
· Dept. of Commerce: October newsletter
· DHS: 61 individuals receive Governor’s Integrated Employment Award
· Focus on Energy: Solar power heats up Milwaukee this Friday
· MMAC: August economic trends for Milwaukee area
· North Shore Bank: Branches to collect worn flags throughout October
· Truck & Auto Elegance: New ownership announced
· Wisconsin Farm Bureau Federation: Welcomes federal dairy aid
· Wisconsin Realtors Association: Gives distinguished service awards

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

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