WisBusiness THU News Summary

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THU News Summary

11 Jul. 2013

Exclusively for WisBusiness Subscribers

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From WisBusiness.com …

— The Wisconsin Alumni Research Foundation ranked fourth for university biotechnology patents issued in the U.S. and Europe from 2008 to 2012, according to new data published by Bioentrepreneur.

During the period covered in the Bioentrepreneur ranking, WARF earned 240 U.S. patents, an average of 56.2 per year. In addition, the European Patent Office issued 41 patents for an overall total of 281.

Other top-ranked institutions included the University of California system with a total of 721 U.S. and European patents issued among all of its campuses; Duke University, 303; and Stanford University, 299.

See details:

— Sweet corn in Wisconsin produces an annual state economic impact of nearly $130 million when it’s processed, according to a new report from UW-Whitewater.

The bulk of the economic impact comes from more than 40 Wisconsin canneries and food processors that turn nearly 590,000 tons of sweet corn each year into canned and frozen products for consumers.

See details:


Cellular Dynamics International provides details of its IPO: Cellular Dynamics International, the company founded by UW-Madison stem cell pioneer James Thomson, hopes to raise up to $51 million in net proceeds from its initial public stock offering. … The Madison company said it planned to offer 3.846 million shares of common stock at a tentative price of $12 to $14 per share.

– Madison company going public

– Madison biomed company launches IPO

– Cellular Dynamics refines its public offering plans

Armed guards at mine site stand down while Bulletproof seeks state license: An out-of-state security company providing armed guards for a proposed mining site in northern Wisconsin is standing down at least for now after it was revealed that the firm isn’t licensed to provide private security in Wisconsin.

– Unlicensed guards pulled temporarily from Gogebic mine site

– Armed security at site of new mine needs permit

New car sales up in Wisconsin: It’s been a busy start to the year for car showrooms in the state. Wisconsin Automobile and Truck Dealers Association President Bill Sepic says sales of new cars and trucks were up 9.3 percent statewide during the first six months of 2013, compared to the same period last year.

Canned sweet corn is big business in Wisconsin: Food manufacturing plays an important role in the Wisconsin economy, with sweet corn alone accounting for hundreds of jobs and $130 million in spending, according to a study released Wednesday by the University of Wisconsin-Whitewater.

– Study Looks at the Impact Sweet Corn Has on Local Economy

UW System proposes tuition freeze for all students: The University of Wisconsin System has proposed an across-the-board tuition freeze for next year, extending the Legislature-mandated freeze on tuition for state undergraduates to include out-of-state and graduate students, as well.

Burger Boat expects to hire 50: Burger Boat Co. expects to add up to 50 individuals to construct the Grayling, a large fisheries research vessel for the U.S. Geological Survey. Kurt Newman of the USGS’s Great Lakes Science Center said Wednesday the Government Accountability Office had upheld the awarding to Burger the $5.59 million contract for the 78-foot, steel-hulled vessel with an expected launch into the Manitowoc River in fall 2014.

Schneider National agrees to settle class-action lawsuit for $3.5 million: California mechanics claimed Green Bay trucking company shorted them on overtime pay, breaks. Schneider National Inc. has agreed to pay $3.5 million to settle a lawsuit by mechanics in California who allege the trucking company shorted them on overtime pay and rest and meal breaks.

BrightStar will fund startups with donations: The nonprofit hopes its investments will create jobs in Wisconsin and help it compete with other states that have larger pools of government and private funding. [Founder Tom] Shannon hopes to raise at least $60 million in the first three years.

– Wisconsin business leaders form new investment group


See commentary from around the state and columns from WisBusiness contributors:


MANUFACTURING (back to top)
– NewPage building supply plant in Upper Michigan: NewPage Corp. and Omya, a producer of industrial minerals, have entered into a long-term supply agreement to build a precipitated calcium carbonate plant at the NewPage Escanaba paper mill site.

LABOR (back to top)
– Close up of UWM’s School of Freshwater Sciences: Slideshow

SMALL BUSINESS (back to top)
– Baldwin targets small-business growth in first bill

– Is Madison a better city for chefs than New York? According to a recent story on NPR, chefs’ drive to find local ingredients makes smaller, more affordable cities like Madison more appealing than New York.

– Milwaukee: Local artist’s skillet company goes national: While there is a lot of talk about the intersection of art and industrial design these days, Alisa Toninato seems to embody the possibilities.

REAL ESTATE (back to top)
– Madison: Developer proposes hotel for John Nolen Drive

– Median home price in Milwaukee area is $125,000: Homeowners in the Milwaukee metro area paid a median of $125,000 for their homes — and $315,000 for homes built in the past four years.

– State’s largest public housing project transforms itself: With an updated name designed to reflect its modern-neighborhood look and its environmental and sustainable features, Westlawn Gardens, the state’s largest public housing project, formally opened Wednesday.

– Wauwatosa hotel project in limbo: A wage mandate for a hotel proposed at Wauwatosa’s Innovation Campus development has been removed, but the project remains in limbo following Wednesday’s County Board meeting.

– Grant will benefit low-income area families: Partners for Community Development has received a $104,000 grant to provide home weatherization services to low-income families in Sheboygan, Manitowoc and Ozaukee counties, Sheboygan officials said Wednesday.

– Appleton: Houdini Plaza’s $1.5 million facelift christened

– Converting Hilton to Chinese student housing draws opposition: A proposal to convert Glendale’s Milwaukee River Hilton to housing for Chinese students is facing opposition from city officials.

– Riverwest apartments proceeding–without billboard: A five-story apartment building planned for Milwaukee’s Riverwest neighborhood is proceeding without the original design of including a rooftop billboard.

AGRIBUSINESS (back to top)
– Farm Technology Days wrapping up

– World Dairy Expo Makes the List of Top 100 Trade Shows

– Two More Counties Named as Contiguous Natural Disaster Areas

– State Ag Students Participate in Land Judging Contest

TRANSPORTATION (back to top)
– County panel backs parking fee hike at Mitchell airport

– Milwaukee County committee approves Mitchell Airport parking increase

– La Crosse airport construction work to start soon

REGULATION (back to top)
– New law lets state revoke business licenses: About 11 percent of Wisconsin employers are at risk of losing their operation licenses because they owe money to the state’s unemployment insurance fund, according to the Department of Workforce Development.

TOURISM (back to top)
– Hot air balloons may fill the sky in Waterford July 19-20: The Waterford Hot Air Balloon Festival returns for a third time July 19 and 20 on the grounds of Waterford’s Evergreen Elementary School.

– Harley museum celebrates 5-year anniversary

– House of Harley-Davidson has ‘Ponch’ coming to its anniversary party

– Area officials suggest regional bluffland protection program: A rare regional collaboration could lead to more of the Mississippi River bluffs being preserved for public use.

– County lot proposed for World Cup party site: A vacant lot on downtown Milwaukee’s Park East strip could become a World Cup party site next summer.

UTILITIES (back to top)
– Menasha seeks bids for steam plant

– Rosendale Dairy, UW-Oshkosh launch waste-to-power project

HEALTH CARE (back to top)
– ThedaCare breaking ground Thursday for Shawano hospital

– UW-Madison lab celebrates nation’s 50 years of newborn screening

– Bill would require newborn heart testing in Wisconsin

– Wright, health professionals denounce ultrasound law: A panel of health professionals assembled by state Rep. Mandy Wright denounced Wisconsin’s new ultrasound law at a roundtable Wednesday even as they faced opposition from attendees.

– Health law won’t decrease demand for free and reduced-fee clinics: Despite the upcoming federal requirement that everybody have health insurance, free and reduced-fee health clinics in Rock County are planning to continue serving the same number of patients, if not more.

– Wisconsin health centers to receive Obamacare grants: Sixteen community health centers in Wisconsin will receive a total of $1.8 million to help enroll people in the Affordable Care Act’s new coverage options.

– White paper provides guidance on Obamacare exchanges

– Access, insurance cited as top health care issues: Access and insurance coverage were cited as two of the top health care issues in Milwaukee County in an extensive assessment on community health needs done for the first time by the five health systems and municipal health departments.

– United Financial Services expands into Missouri: The financial technology unit of Manitowoc’s Bank First National has acquired a similar business in St. Louis, expanding into the Missouri, Kansas, Illinois and Arkansas markets, the company said Wednesday.

– Bifano is new president of Paul Davis National: Chip Bifano has been named president of Paul Davis National, a Milwaukee-based company that specializes in large commercial losses and is part of the Paul Davis Restoration Inc. franchise network.

BUSINESS COLUMNS (back to top)
– WSJ: Speed state tax cut to economy

– Ryan Schmudlach: Factory farms threaten Wisconsin waterways, tourism

PRESS RELEASES (back to top)
* ARI Network Services: Leading RV manufacturer selects ARI to support North American lead management program
* AT&T Wisconsin: Pioneers donate protective vests for two Madison K9 police dogs
* BrightStar Wisconsin Foundation Inc.: Business leaders, early-stage investors announce formation of BrightStar Wisconsin Foundation to support job creation, economic growth
* Burger Boat Company: Appoints Thom Conboy as Commercial Director
* Greater Milwaukee Foundation: Grant supports multimedia effort to provide history of metro Milwaukee area
* Madison Region Economic Partnership: Statement on announcement of BrightStar Wisconsin Foundation
* Metropolitan Milwaukee Association of Commerce: May economic trends
* Primum Marketing Communications: Helps companies achieve content marketing success
* Quarles & Brady LLP: David Kern elected Fellow of The College of Labor and Employment Lawyers
* Road America: A mid-summer vintage racing classic returns to Road America
* Shine United: Lake Louie Brewing drafts Shine United
* Shorewest, Realtors®: Welcomes 17 sales associates in June
* Smart Motors: Getting charged without a charge
* UW-Madison: WARF biotech patent ranking highlights UW-Madison research productivity
* UW-Madison: Delving into a climate puzzle with the push of a button
* UW-Madison: Study puts troubling traits of H7N9 avian flu virus on display
* UW-Stout: Students research EEG-based lie detection during summer project
* UW-Whitewater: Sweet corn boosts state economy by nearly $130 million, study finds
* Xcel Energy: Plans to bolster veteran hiring practices

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

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