(WisBusiness) TUES News Summary — 12 Jan. 2009

TUE WisBusiness News Summary
12 January 2010
Exclusively for WisBusiness Subscribers


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From WisBusiness.com …


GM may reopen Janesville plant: Sales of vehicles produced at the General Motors Co. Fairfax Assembly Plant in Kansas City, Kan., are so strong that the manufacturer is considering reopening some idled plants, including the facility in Janesville, to provide extra capacity, a spokesman said Monday.

Kraft/Oscar Mayer, union reach tentative deal: Negotiators for Kraft/Oscar Mayer and the union representing 900 employees in Madison have reached a tentative agreement on a new four-year contract, just as the company is adding to its staff here.

Greenheck’s fans blow through Burj Dubai: A 160-story skyscraper that opened last week in Dubai has a local connection: 3,900 of its fans were manufactured by Schofield-based brains and muscle. Greenheck Fan Corp. of Schofield built nearly every fan in the half-mile tall tower that now stands as the tallest building in the world, said Richard Robertson, Greenheck’s vice president of international operations.

PSC Approves Construction of State’s Largest Wind Farm: In an oral decision on Monday, the Public Service Commission of Wisconsin approved Wisconsin Electric Power Company’s request to construct a new wind electric generation facility in Columbia County, capable of producing up to 207 megawatts at a cost between $335 million and $435 million. WEPCO filed an application two years ago with the PSC for permission to build the Glacier Hills Wind Park in the towns of Randolph and Scott in the northeast part of Columbia County to help meet its Renewable Portfolio Standard requirements. Wisconsin law requires the state to produce 10 percent of its electric energy from renewable sources by 2015.

Firm wants to build recycling plant for Town of Algoma: Quarles and Brady LLP will review financial documents that could clear the way for financing up to $25 million in industrial bonds for a first of its kind car parts recycling plant in the town of Algoma.


See commentary from around the state and columns from WisBusiness contributors Jennifer Sereno, Kevin McKinley, Tom Burzinski, Gregg Hoffmann, Tom Still and Steve Jagler:


TECHNOLOGY (back to top)
– California firm buys Madison’s Netconcepts

ECONOMY (back to top)
– Business leader touts Wausau area’s potential

MANUFACTURING (back to top)
– Koss: Unauthorized transactions increased over years

– Wausau Paper implies higher 2010 earnings

LABOR (back to top)
– Employee bonuses survive recession

SMALL BUSINESS (back to top)
– Survey: Small business owners’ outlook improves; concerns remain

INVESTING (back to top)
– Associated prices stock offering

REAL ESTATE (back to top)
– Realtors expect home sales to increase

– Dane County foreclosure filings up for 33rd month

– Downtown dreamin’: Group has big ideas for transforming central Madison

– Milwaukee-area home sales up slightly

AGRIBUSINESS (back to top)
– WFBF: Farmland Assessment Values to Fall in 2010

– Farmers fight back against economy, animal rights groups

RETAIL (back to top)
– Joe Bargain Hunter’s owners keep busy hunting for deals

HEALTH CARE (back to top)
– Neillsville hospital selling nursing home; no job loss

– Associated Banc-Corp reports losses

– Layton State Bank accepts TARP funds

MANAGEMENT (back to top)
– Children’s Hospital names physician affairs director

– Aurora adds business leaders to board

PRESS RELEASES (back to top)
· ActionCOACH of Elm Grove: Announces “Creating Raving Fans” workshop
· ActionCOACH of Elm Grove: Names Terri Demos as office manager
· Better Business Bureau: Lists top 10 scams and rip-offs of 2009
· Centrose: Appoints Troy Wilson to executive board of members
· Clean Wisconsin: Diverse support for the Clean Energy Jobs Act
· DATCP: Carrying out new dog protection law is topic for committee now forming
· Fellon-McCord: Adds strategic investment partner; Baird Venture Partners acquires minority interest
· Focus on Energy: Wisconsin hotels & restaurants find energy savings hospitable
· Greater Milwaukee Association of Realtors: Metro home sales up 6% for 2009
· Libertarian Party of Wisconsin: Doyle’s clean energy plan is good news/bad news
· Orion Energy Systems: Supports Gov. Doyle’s climate change legislation
· Pacific Retirement Services: PRS is the new manager of Middleton Glen in Middleton, Wisconsin
· Pewaukee Chamber: Announces person of the year, small, medium and large business of the year
· PSC: Approves construction of Glacier Hills Wind Farm
· RedPrairie: Michaels goes live with RedPrairie Warehouse Management and Workforce Management solutions
· Shakespeare Wealth Management: Mark Ziety joins National Association of Personal Financial Advisors (NAPFA)
· UW-Eau Claire: College of Business a worldwide leader in IS research
· UW-Madison: Regulatory network balances stem cell maintenance, differentiation
· UW-Madison: Study – second cochlear implant can restore two important facets of binaural hearing
· WI Builder’s Association: President named to partnership for stronger economy task force
· WI Farm Bureau: 2010 policy available online
· Wis. Bankers Association: Wisconsin economic, credit availability forecast
· Wisconsin Innovation Network: Resolutions for building tech economy in 2010 is topic at Jan. 14 WIN-Milwaukee meeting

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

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