(WisBusiness) TUES News Summary — 7 July 2009

TUE WisBusiness News Summary
7 July 2009
Exclusively for WisBusiness Subscribers



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TOP STORIES
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Bemis paying $1.2B for Alcan Packaging assets: Bemis Co., whose clear plastic packages hold everything from batteries to burgers, said late Sunday it is paying $1.2 billion for the global packaging business of Rio Tinto PLC.
http://www.thenorthwestern.com/article/20090706/OSH03/90706016

Peshtigo aerospace firm to lay off 90 employees: DeCrane Aircraft Seating Co. plans to temporarily lay off 90 employees at its Peshtigo plant by late summer. The layoffs are expected to occur between Aug. 31 and Sept. 11, according to a mass layoff notice filed Monday with the Wisconsin Department of Workforce Development.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/06/daily17.html

Patrick Cudahy fire ‘devastating,’ exec says: A state of emergency was declared for the city of Cudahy after a stubborn blaze at Patrick Cudahy Inc. forced a shutdown of the massive meat processing plant and of neighboring employers and led to a mandatory evacuation of heavily populated portions of the city.
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/06/daily6.html

Ground broken for Premier Meats in Vernon County : Three longtime friends broke ground Monday on a nearly $2 million meat processing and retail business near Viroqua that is expected to employ 12 to 20 people in an area battered by factory layoffs and closings.
http://www.madison.com/wsj/home/biz/457376

Oshkosh upgraded on “game changer” of a deal: Oshkosh Corp.’s win of a contract to build new blast resistant, off-road vehicles for ground forces in Afghanistan is a “game changer” for the industrial vehicle and truck body maker, an analyst said Monday as he upgraded his rating on the company’s stock.
http://www.thenorthwestern.com/article/20090706/OSH03/90706127

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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)
– Microsoft warns of serious computer security hole
http://www.madison.com/tct/business/457439

– Developer pushes for data center in valley
http://www.jsonline.com/business/50087127.html

ECONOMY (back to top)
– AmeriSign buys Bay Shore Graphics
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/06/daily7.html

– Stimulus to save energy
http://www.jsonline.com/business/50089257.html

MANUFACTURING (back to top)
– Legislator: Tax credits may not help Mercury Marine
http://www.thenorthwestern.com/article/20090707/OSH03/907070374

– Organizations pump millions from paper mills into restoration efforts
http://www.greenbaypressgazette.com/article/20090707/GPG0101/907070545/1978

– Sale may help Quality Assembly grow
http://www.greenbaypressgazette.com/article/20090707/GPG03/907070540

– Cudahy meatpacking plant fire could burn into Wednesday
http://www.madison.com/tct/news/police/457443

– General Rubber moves to New Berlin
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/06/daily9.html

LABOR (back to top)
– Firms find ways to motivate employees without spending
http://www.postcrescent.com/article/20090707/APC03/907070485

– Employers favor phasing in health reform
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/06/daily16.html

SMALL BUSINESS (back to top)
– State native Andreessen making leap from entrepreneur to venture capitalist
http://www.madison.com/tct/business/457330

INVESTING (back to top)
– Merge to report lower income
http://www.jsonline.com/business/50087132.html

– Avondale Partners cuts price target for Republic Airways
http://www.jsonline.com/business/50024382.html

REAL ESTATE (back to top)
– Property taxes expected to go up $93
http://www.thenorthwestern.com/article/20090707/OSH03/90706141

AGRIBUSINESS (back to top)
– Stranz to Run WFU’s New Madison Legislative Office
http://www.wisconsinagconnection.com/story-state.php?Id=804&yr=2009

– Ocean Spray recognized by technical college system board
http://www.wausaudailyherald.com/article/20090707/CWS03/307070038/-1/WDH03/

RETAIL (back to top)
– J.W. Perry floral company hit hard by fire
http://www.wausaudailyherald.com/article/20090707/CWS03/307070019/-1/WDH03/

REGULATION (back to top)
– Omro to review beer garden rules
http://www.thenorthwestern.com/article/20090707/OSH0101/90706147/1987

TOURISM (back to top)
– Milwaukee Wave put on sale block
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/06/daily10.html

UTILITIES (back to top)
– 7% electric rate increase proposed
http://www.jsonline.com/business/50090982.html

HEALTH CARE (back to top)
– Froedtert, medical college open specialty clinic
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/06/daily5.html

– New south side clinic treats diabetes, obesity
http://www.jsonline.com/business/50029497.html

MANAGEMENT (back to top)
– Voelz named president of Redmond
http://milwaukee.bizjournals.com/milwaukee/stories/2009/07/06/daily12.html

BUSINESS COLUMNS (back to top)

PRESS RELEASES (back to top)
· Bemis Company Inc.: To acquire Alcan Packaging Food Americas
· Carbon Motors Corp.: Teams with Snap-on
· CertaPro Painters of Waukesha: Announces the 2009 Extreme Home Paint-Over
· Dept. of Commerce: Marketplace 2009 to showcase Wisconsin Minority Business Awards – Nominate and apply now!
· Dept. of Revenue: Wisconsin Economic Outlook released
· Farmers Insurance Group of Companies: Goes ‘green’ for homeowners
· Manpower Inc.: To Announce 2nd quarter 2009 earnings results
· Merge Healthcare: Announces preliminary second quarter earnings results
· New North, Inc.: Bemis Co. buys Alcan Packaging
· Patrick Cudahy Inc.: Meat packing plant fire media statement
· UW-Madison: Six UW-Madison graduates join Wisconsin Alumni Association Board of Directors
· UW-Stevens Point: To host ecologic restoration institute
· UW-Whitewater: Online MBA program recognized by international business magazine
· Waukesha Co. Economic Development Corp.: Private-public sustainability initiative launches in Waukesha County
· WMC: Calls for renewed focus on “Moving Wisconsin Forward”
· ZBB Energy Corp.: Ships ZESS 500 Energy Storage System

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

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