Actuant Acquires Templeton, Kenly & Co
MILWAUKEE--(BUSINESS WIRE)--Actuant Corporation (NYSE:ATU) announced today that it has acquired Templeton, Kenly & Co, Inc. (“TK”) for approximately $48 million in cash. Funding for the completed transaction came from the Company’s revolving credit facility.
Headquartered in Broadview, Illinois, TK produces hydraulic pumps and tools, mechanical jacks, wrenches, and actuators. Its products are sold under well established brand names including...
ARI Announces Resignation of CFO
Experienced Financial Consultant Retained
MILWAUKEE--(BUSINESS WIRE)--ARI (OTCBB: ARIS), a leading provider of technology-enabled business solutions that help equipment dealers, distributors and manufacturers build sales and profits, today announced that Timothy Sherlock, the company’s chief financial officer, has resigned effective Monday, September 10, 2007.
“Tim has served as our CFO since April...
Governor Doyle Touts Wisconsin Manufacturers Helping Construct China’s Future
CONEXPO 2007 Asia Conference to Showcase Wisconsin Construction Equipment Manufacturers
SHANGHAI, CHINA – During his trade mission to China, Governor Doyle today touted Wisconsin’s manufacturing sector as the right source for China’s construction equipment needs. The Association of Equipment Manufacturers (AEM), headquartered in Wisconsin, will hold an international trade conference that will showcase Wisconsin construction equipment manufacturers in Guangzhou, China,...
WisBusiness: MGE’s Wolter endorses nuclear power plants
By Brian E. Clark
WisBusiness.com
Nuclear plants must be part of the future energy mix if the United States wants to meet growing power needs and reduce global warming, Madison Gas & Electric chairman Gary Wolter said today.
But don’t expect any of those plants to be built in Wisconsin, added Wolter, who is also president and CEO of MGE....
WisBusiness: ‘Preservation’ tourism growing in state
By Brian E. Clark
WisBusiness.com
MADISON – Karl Gutknecht never planned on running a tour company.
But Gutknecht, a former state official, stumbled into leading cycling adventures during a trip to Germany more than a decade ago. One thing led to another and he found himself organizing trips for small groups of riders through Italy and German in the...
TUESDAY TRENDS: Sept. 11, 2007
By Brian E. Clark
RISING
Household income
Wisconsin’s median household income grew by 3.5 percent in 2006, well
above the national increase of 0.7 percent, according to new U.S.
Census Bureau figures. The gain was partially do to family members
working more hours.
For the Badger State, the median household income is now $48,772 –
slightly above the comparable national figure of $48,201.
The city with the...
REGISTER NOW: WisBusiness luncheon with MG&E’s Gary Wolter
Wednesday, September 1211:45 a.m.The Madison ClubWisBusiness.com, The Madison Club and Madison Magazine present "The Madison Business Luncheon" on September 12 with special guest Gary Wolter, the chairman, president and CEO of Madison Gas & Electric.
The event is sponsored by Wipfli and University Research Park.This event is open to the public, and the price for lunch is $19. Call...
