(WisBusiness) THU News Summary — 17 Dec. 2009

THU WisBusiness News Summary
17 December 2009
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From WisBusiness.com …

— Public and private sector leaders say Wisconsin’s use of stimulus funding has greatly helped government entities and programs, but admit it’s had a more mixed impact on private companies.

City of Milwaukee Director of Administration Sharon Robinson said stimulus funds helped the city avoid some budget cuts.

“This has by far been the toughest budget cycle we’ve experienced since Mayor Barrett took office,” Robinson said. “So, the stimulus has had a significant impact in helping us to thwart severe budget cuts this past cycle.”

The panel discussion was sponsored by the Public Policy Forum to gauge the impact of the stimulus program on southeastern Wisconsin.

Wisconsin Transportation Builders Association Executive Director Pat Goss agreed that Wisconsin’s portion of the stimulus was a “tremendous success.” Already, he said, the consulting and engineering community was put to work by DOT to set up and deliver “shovel-ready” projects around the state to meet the criteria set by the federal government.

See more from the forum in a new WisBusiness story: http://www.wisbusiness.com/index.iml?Article=179950

— Gov. Jim Doyle says that even if a broad international agreement on carbon caps eludes the dignitaries at the Copenhagen climate change summit this week, Congress should still move ahead with legislation to institute cap-and-trade in the United States.

But he cautioned Wednesday that states like Wisconsin that rely heavily on coal-fueled electricity would need a significant “lead-in” period — perhaps as long as 15 years.

“We can have a very active cap-and-trade model, and I think we can do it in a way that does not cause a huge shift in the economy of the United States,” Doyle told reporters in a conference call from the summit. “It’s a significant change. … I don’t think it’s a year or two.”

Doyle also said an agreement to limit deforestation could be one of the major achievements of the Copenhagen climate change summit, and that Wisconsin’s timber and paper producers stand to benefit from carbon credits offset by renewable forests.

“We receive credits for forestation, which is obviously something we are strong in with our sustainable forests,” Doyle said. “It’s also a way that Wisconsin industries over time will be able to have offsets for carbon emissions that are at significantly lower prices than they otherwise would be.”

See more from Doyle: http://www.wisbusiness.com/index.iml?Article=179893

— BizOpinion columnist Tom Still says market should be given a chance to meet energy and climate change needs.

He writes: “Some of the best examples of land, water and wildlife conservation in the world are private or a blend of private and public incentives, not top-down public solutions. Manufacturers, energy producers and consumers, land owners and other business leaders are as concerned about the possible results of climate change as much as anyone. But they’re also worried a command-and-control response will lead to less innovation, not more.”

See more in his new column: http://blogs.wisbusiness.com/bizopinion/2009/12/give-market-forces-chance-to-meet.html

— Attorney General J.B. Van Hollen is promising to take action to ensure that Asian carp don’t invade Lake Michigan through a Chicago canal.

Officials fear the invasive species could get into the lakes and drastically change the ecosystem. They say it could hurt the lakes’ recreational boating and fishing industries.

One of the people Van Hollen is reaching out to is Michigan attorney general Mike Cox, who is preparing to file a lawsuit to force Illinois and the federal government to do more to keep the Asian carp out of the Great Lakes.

See more from Van Hollen: http://www.wisbusiness.com/index.iml?Article=179905

TOP STORIES
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Dodge County wind farm sold: NextEra Energy Resources LLC said Wednesday that it has completed the purchase of the Butler Ridge Wind Energy Center wind farm in Dodge County from failed investment management firm Babcock & Brown.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/12/14/daily54.html

Madison council rejects Hammes’ Edgewater plan: The Hammes Co. had no comment on Madison city officials rejecting the company’s plan to redevelop and expand the Edgewater Hotel in the city’s historic Mansion Hill neighborhood.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/12/14/daily55.html

Appleton, NCR paper companies’ case that sought help paying for Fox River PCB cleanup thrown out: A federal judge on Wednesday threw out a lawsuit filed by papermakers Appleton Papers Inc. and NCR Corp. to diffuse the $1 billion to $1.5 billion cost of cleaning up PCB contamination in the Fox River.
http://www.greenbaypressgazette.com/article/20091217/GPG0108/912170600/1978/

Oshkosh Corp awarded $63M contract: Oshkosh Corporation has another multi-million dollar Army contract under its belt. The company was awarded a $63 million contract for production of 1,150 palletized load system trailers.
http://www.thenorthwestern.com/article/20091216/OSH03/91216179

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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)
– Heart of the Valley Chamber plans social media marketing session
http://www.postcrescent.com/article/20091217/APC03/912170531

– UW gets $10 million grant to research nanotechnology in metal castings
http://www.jsonline.com/business/79436442.html

ECONOMY (back to top)
– Concordia up for engineering honor
http://milwaukee.bizjournals.com/milwaukee/stories/2009/12/14/daily61.html

MANUFACTURING (back to top)
– Appleton exec to lead new Smart Papers business
http://milwaukee.bizjournals.com/milwaukee/stories/2009/12/14/daily53.html

– Joy Global quarterly profit up 5.1%
http://www.jsonline.com/business/79404502.html

– Analyst pushing GE bid for Rockwell
http://milwaukee.bizjournals.com/milwaukee/stories/2009/12/14/daily62.html

SMALL BUSINESS (back to top)
– A switch from Burger to buns
http://www.jsonline.com/business/79467672.html

REAL ESTATE (back to top)
– Energy-saving, green-building aspect information may be included on building permit
http://www.greenbaypressgazette.com/article/20091217/GPG03/912170595

AGRIBUSINESS (back to top)
– WI Holstein Board Supports National Dairy Pricing Program
http://www.wisconsinagconnection.com/story-state.php?Id=1499&yr=2009

TRANSPORTATION (back to top)
– Schneider done with conversion
http://www.greenbaypressgazette.com/article/20091217/GPG03/912170607

– Report: Pilots of straying NWA flight on wrong frequency, distracted by laptops
http://milwaukee.bizjournals.com/milwaukee/stories/2009/12/14/daily58.html

RETAIL (back to top)
– Restructuring plan backed for General Growth, owner of Fox River Mall
http://www.postcrescent.com/article/20091217/APC03/912170540

REGULATION (back to top)
– Doyle calls for 15-year phase-in on carbon emission limits
http://www.jsonline.com/business/79431867.html

TOURISM (back to top)
– State Fair Park board: No NASCAR in 2010
http://milwaukee.bizjournals.com/milwaukee/stories/2009/12/14/daily63.html

HEALTH CARE (back to top)
– ThedaCare hospital services will cost 2 percent more
http://www.postcrescent.com/article/20091217/APC03/912170542

PRESS RELEASES (back to top)
· AG Van Hollen: Statement on the Asian carp v. Lake Michigan matter
· Alliant Energy: Encouraging customers to utilize appliance rebate program
· Anthem Blue Cross and Blue Shield: Introduces new low-cost individual plans: CoreShare and Enhanced SmartSense and Premier Plans
· Broadcast Interactive Media: Launches YouNews™/City Dictionary partnership
· City of Sun Prairie: City Council approves Marcus Theatres project for Prairie Lakes Development
· CREWE: Litany of errors mars WPRI task force analysis
· Orion Energy Systems: Pepsi facilities in China, Chile deploy Orion Energy Systems technology
· Reinhart Boerner Van Deuren: Names Colleen E. Fielkow firm’s pro bono attorney of the year
· Reinhart Boerner Van Deuren: Reinhart attorneys successfully defend largest PCB remediation lawsuit in U.S. history
· UW-Madison: New process leads to smaller estimate for global urban area
· UW-Madison: Wisconsin cast-metals manufacturing benefits from $10 million federal grant
· West Bend Sunrise Rotary: Seeks $15k give-away applicants
· Wisconsin Technology Council: Dane County youth business plan contest will take entries online through Jan. 31

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

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