From WisBusiness.com … A variety of technologies will be employed by the various partners, including propane, CNG (compressed natural gas) and a myriad of electric-drive vehicles ranging from neighborhood-electric, hybrid-electric, plug-in hybrid-electric, and full electric. In addition, 11 alternative fuel refueling stations will be implemented around Wisconsin, including two propane, four CNG, two E-85, two solar-electric, and one biodiesel. Approximately 13 new plug-in charging stations will be a part of this program as well. See details: — With the PGA Championship returning to Wisconsin this summer, the Professional Golfers Association is teaming with Wisconsin’s life sciences community at next week’s 2010 BIO International Convention in Chicago. This year’s PGA Championship will be held in August at Kohler’s Whistling Straits golf course. It was also held there in 2004. See more on the PGA at BIO in the WisBusiness BIO Blog: — Wisconsin is joining eight other states in suing a Missouri-based company over extended vehicle warranties it was marketing. The state Department of Justice also alleges that U.S. Fidelis violated state law by ignoring the state’s do-not-call list, and by failing to register as a telemarketer. See details: TOP STORIES Related: – Employment costs up 0.6 percent in first quarter Harley says it must cut $54 million in local manufacturing costs: Determined to slash manufacturing costs, Harley-Davidson Inc. says its Wisconsin factories could be in jeopardy if belt-tightening measures aren’t successful. … Harley executives said there were significant “cost gaps” that must be filled at the plants in Menomonee Falls and Tomahawk that, combined, employ more than 1,400 people. Employees were told that Harley wants to slash $54 million a year in costs from its manufacturing here. Related: – Harley could move production outside Wisconsin (AUDIO) – Harley-Davidson weighing alternatives for Wisconsin plants Oshkosh Corp. posts record second quarter sales: Oshkosh Corp. today reported record second quarter sales as a result of its production of the new generation of armored troop carriers. The company posted second quarter net sales of $2.9 billion and net income of $292.6 million, compared to net sales of $1.24 billion and a loss of $1.2 billion in the same period a year ago. Related: Wisconsin sets new standards for mental health, drug treatment coverage: Gov. Jim Doyle has signed into law a proposal that makes changes to insurance coverage for the mentally ill and drug addicts.The new law he signed Thursday doesn’t mandate coverage, but all group health plans that offer such coverage would have to provide it at what’s known as parity. Essentially, coverage for mental illness and substance abuse couldn’t be more restrictive or expensive than the plan’s medical and surgical coverage. Related: – What’s News: How much heat is Woodman’s taking over mental health coverage? $275 million ethanol plant proposal dies: Global Renewable LLC’s proposal for a $275 million ethanol plant in Sharon is dead. Jeffery Knight, principal of the plant’s now-defunct Whitewater-based developer, said after years of waiting for the economy and the ethanol industry to recover, he will wait no longer. ************************************************************ See commentary from around the state and columns from WisBusiness contributors: ************************************************************ TECHNOLOGY (back to top) – Sonic Foundry’s second-quarter loss narrows to $131,000 – Time Warner Cable 1Q profit rises, shares climb BIOTECH (back to top) – Canada’s biotech industry feeling pain of financial crisis: report ECONOMY (back to top) – Initial jobless claims fall for second straight week – Homeowners in dire straits watch closely as Congress debates financial reforms MANUFACTURING (back to top) – Super Steel chairman on verge of buying company – Magnetek lands $6M order for wind power inverters – American Tire spokesman explains end of Racine plan LABOR (back to top) SMALL BUSINESS (back to top) – Restaurant group changes ownership – Monona Business Owners Take Advantage Of Road Construction INVESTING (back to top) – Stock futures mixed after GDP rises 3.2 percent REAL ESTATE (back to top) – Madison: Edgewater TIF application resubmitted to city – Edgewater appeal gets new life – Cabela’s selling surplus land – Program that gives money to first-time homebuyers is ending Friday AGRIBUSINESS (back to top) – Dairy Price Survey Prices Mixed on Friday – UW-Madison Hires Cornell Expert as New Dairy Policy Director TRANSPORTATION (back to top) – Franklin: Drexel interchange faces budget gap – RTA failure disappointing for transit groups RETAIL (back to top) – Weyco reports 69 percent increase in 1Q earnings – Weyco Group quarterly profit up sharply – Menards sets grand reopening for Far West Side store – Green Bay planners to spend $12 million on Military Avenue shopping areas revival – Racine: Journal Times reports slight increase in daily circulation, steady Sunday numbers REGULATION (back to top) TOURISM (back to top) – Dippens to buy closed Three Bears Lodge facility – Simon & Garfunkel reschedule Kohl Center concert UTILITIES (back to top) – Illinois firm submits low pipeline bid for MMSD HEALTH CARE (back to top) – FDA approves breakthrough cancer therapy Provenge – Kinex Medical to cut 56 jobs in Waukesha – H1N1, a year later: Threat of pandemic remains FINANCIAL SERVICES (back to top) – Accounting firm Grant Thornton to close Madison office – Fiserv increases earnings despite revenue drop – Fiserv first-quarter earnings rise 17.5% – Baird adds energy investment banking – Baird forms energy investment banking team MANAGEMENT (back to top) BUSINESS COLUMNS (back to top) PRESS RELEASES (back to top) · ABC for Health: AB 878 and the close of the 2009 legislative session For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82 |
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