From WisBusiness.com … But the new “State Bioscience Initiatives” report by Battelle Memorial Institute and BIO noted that Wisconsin’s biotech jobs have grown by nearly 16 percent since 2001 and the state is one of relatively few making headway in all four biotech sectors historically tracked by the report. The report, which ranked Wisconsin in the top two-fifths of all states in bioscience and biotechnology activity, also credited Wisconsin for its commitment to academic research and a growing venture capital market to help take scientific ideas from the lab bench to the marketplace. It noted that the Madison metropolitan area is one of only two metro areas in the nation, with Bloomington, Ind., being the other, with “specialization” in all four areas – agricultural feedstock and chemicals, drugs and pharmaceuticals, medical devices and equipment, and research and testing. See more on the report: — Today at BIO, Gov. Jim Doyle is set to visit the Wisconsin pavilion at 4 p.m. to make what his office says are “several major biotech announcements for Wisconsin.” He’s also due to be joined by PGA representatives Barry Deach and Steve Crowley to promote the 2010 PGA Championship being held in Wisconsin in August. Follow new developments throughout the day in the WisBusiness BIO Blog: — The UW System reports mixed results on its graduation goals but positive progress in areas that could have an economic impact. The internal report, titled “Investing in Wisconsin’s Future,” shows the system met its goals for increasing research funding, graduates’ impact on state revenues, and the number of degrees in the economically critical areas of science, technology, engineering and mathematics. The report also says system schools met goals for enrollment, student retention and graduation rates. But targeted minority groups lagged behind goals in most categories. The full report will be presented to the UW Board of Regents at its meeting Thursday in Madison. See the press release: — Thirty-seven Wisconsin companies have been nominated for the an environmental award honoring leadership in pollution prevention, environmental innovation, and stewardship. Nine awards, based on company size, will be presented to businesses for their commitment and improvements. Winners will be honored during the 21st Annual Environmental Policy and Awards Conference on May 19. See details: TOP STORIES Related: – Wisconsin loses round in battle over stem cell lines – Biotech: Key embryonic stem cell patent rejected Wisconsin biotech industry grows: Wisconsin’s biotechnology industry, though small, is growing, according to the State Bioscience Initiatives report by Battelle Memorial Institute. The report ranks Wisconsin in the top 20 for bioscience and biotechnology activity with 24,700 jobs in the industry in 2008 Related: Stratatech completes $3 million funding round: Stratatech has received $3 million in a funding round designed to help the Madison company advance its clinical trials. Stratatech’s StrataGraft human skin substitute tissue is being tested for use in healing severe burns and wounds that would commonly require multiple skin grafts. Related: – Madison biotech raises $3 million Judge approves sale of Super Steel to Luber: Fred Luber, founder of Milwaukee-based Super Steel Products Corp. has been approved to purchase selected assets of the company out of receivership under Chapter 128 of Wisconsin law. Related: Energy Composites plans move forward: A Wisconsin Rapids-based turbine manufacturer has acquired access to $45 million needed to build its planned 535,0000-square-foot manufacturing facility. Sheboygan: 100 to lose jobs in plant closing; IAC says auto slump reason for closure: International Automotive Components announced Monday that it will cease all but a limited amount of production work at its Sheboygan manufacturing plant by the end of the year in a move that will cost more than 100 workers their jobs. Universal Mortgage in Mequon to close: Universal Mortgage Corp., an independent mortgage bank in Mequon that provides mortgage products and services, has informed state officials that it will begin the process of closing its operations this month, resulting in the loss of 100 jobs. Related: Former Midwest flight attendants sue Republic, Teamsters : The Teamsters union, which now represents about 400 former Midwest Airlines flight attendants, has unlawfully refused to integrate them into a seniority list for flight attendants employed by the airline’s new owner, according to a lawsuit filed in federal court. As a result, the former Midwest flight attendants, who were laid off last year by Republic Airways Holdings Inc., have no seniority – which translates into lower pay – if they’re hired by Republic. Florida company acquires EMSystems of Milwaukee: EMSystems LLC, a Milwaukee-based provider of web-based health care information technology solutions for the public health and emergency services markets, has been acquired by Intermedix Corp. of Fort Lauderdale, Fla. EMSystems will operate under the trade name Intermedix EMSystems as a division of Intermedix Corp. EMSystems has more than 55,000 active users across 45 states and more than 1,400 hospitals. ************************************************************ See commentary from around the state and columns from ************************************************************ TECHNOLOGY (back to top) – Backlog of patents still stifling potential jobs, director says – Apple sells 1 million iPads, outdoing first iPhone BIOTECH (back to top) – Biotech poised for resurgence in N.C. – Three biotechs to watch in May ECONOMY (back to top) – Economic outlook is cautious even with spending up – Gulf oil spill could send out far-reaching economic ripples MANUFACTURING (back to top) – Freedom Plastics successor confident of future – Magnetek posts quarterly loss as sales fall 24% LABOR (back to top) – Rockwell cuts cafeteria, maintenance jobs – Roundy’s makes agreement with Pension Benefit Guaranty Corp. – Roundy’s agrees to put more money into pensions SMALL BUSINESS (back to top) INVESTING (back to top) REAL ESTATE (back to top) – State foreclosure filings dipped in April – Madison developer plans project with or without local support (UPDATE) – Biz Beat: Big housing project eyed for Winnebago/Yahara River – Will homes sales move up or move out now that tax credit has ended? AGRIBUSINESS (back to top) – April Milk Prices Expected to Fall Slightly – Crop Report: Recent Rains Not Enough for Proper Development – County to test farmland in move to reduce phosphorus runoff – Local farmers excited about ‘fantastic’ spring conditions TRANSPORTATION (back to top) – United, Continental merger likely to have small impact on Mitchell – United-Continental merger ‘won’t have major impact’ on Madison – State inspectors focusing on brakes on large trucks – Milwaukee: Amtrak station operators in tax arrears – Alderman asks Milwaukee to foreclose on train station – Overstimulated cities return road money – Drexel interchange project will move ahead RETAIL (back to top) – Illinois-based Valley Bank lone bidder for Stevens Point mall – Local grocers anticipate higher fish prices as oil spills into Gulf – Weaver Auto Parts has become a major player in the industry – Car shoppers take a wait-and-see approach in April TOURISM (back to top) – Little Chute Windmill organizers look to Pepsi Refresh Project for support – Kaukauna officials pursue plan to maintain historic Grignon Mansion – Milwaukee: Mitchell St. fights to save Modjeska Theatre – OnMedia: A bunch of Idols coming to town – Summerfest announces Miller Lite Oasis lineup – Six Flags emerges from Chapter 11 with new plan UTILITIES (back to top) HEALTH CARE (back to top) – Ft. Lauderdale company buys EMSystems – EMSystems sold to Florida company – Health care heat lessens – Assisted Living reports first-quarter profit – What I Do: I help health care facilities with diagnostic imaging needs FINANCIAL SERVICES (back to top) – Anchor gets one-year extension on U.S. Bank loan MANAGEMENT (back to top) BUSINESS COLUMNS (back to top) PRESS RELEASES (back to top) · Alliant Energy: Files 2010 fuel rate case and 2011 electric rate case For these and more releases visit http://www.wisbusiness.com/index.iml?Content=82 |
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