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Biz News

MATC to offer eligible high school seniors free tuition

Milwaukee Area Technical College has announced the MATC Promise, an initiative that will provide free tuition for eligible 2016 high school graduates.

Students must be on-time graduates from a high school in the MATC district and/or reside in the MATC district, have an Expected Family Contribution of $3,000 or less, and meet additional requirements to be eligible for the MATC Promise.

MATC will pay students’ tuition and fees for four consecutive semesters after federal and state financial aid has been applied. Students must enroll at MATC for the fall 2016 semester, maintain full-time status, and participate in academic success and career planning workshops and service learning projects while at MATC.

“The MATC Promise will help make the dream of college a reality for eligible area high school seniors,” said MATC president Vicki Martin. “This program provides a solution for issues facing our youth and our community. At a time when young people and our community need us most, we have created a program that will develop a talent pipeline that benefits our residents and local business and industry.

The MATC Promise will be funded through the MATC Foundation.

Milwaukee employers plan to increase hiring

Milwaukee-area employers expect to hire new employees at a fast clip in the fourth quarter, according to a new survey from Milwaukee-based ManpowerGroup.

According to the Manpower Employment Outlook Survey, 23 percent of companies in the Milwaukee-Waukesha-West Allis Metropolitan Statistical Area plan to hire new employees in the last three months of the year, flat from the fourth quarter of 2014. About 3 percent of employers in the area expect to decrease the number of employees, down from 7 percent in the same period last year. Another 73 percent expect to maintain current staff levels, up from 69 percent a year ago. And 1 percent are not sure what the fourth quarter will bring, flat from the fourth quarter of 2014.

In total, the net employment outlook for the metro area is 20 percent, compared with 16 percent in the same period a year ago.

Statewide, the survey revealed a less rosy picture. In the fourth quarter, 22 percent of Wisconsin employers expect to increase staff levels, down from 24 percent in the fourth quarter of 2014. Another 7 percent expect to decrease staff levels in the final months of the year, up from 5 percent in the same period a year ago. Another 70 percent expect to maintain staff levels, up from 69 percent a year ago. And 1 percent of Wisconsin employers don’t know if they will hire in the fourth quarter, down from 2 percent in the fourth quarter of 2014.

MillerCoors names Hattersley CEO

The board of directors of MillerCoors LLC has named Gavin Hattersley chief executive officer, effective immediately. Hattersley, 52, has served as interim CEO since July 1, following former CEO Tom Long’s retirement on June 30.

In addition to his role as interim CEO, Hattersley served as chief financial officer of Denver-based Molson Coors Brewing Co. Molson Coors and SABMiller Plc are parent companies of Chicago-based MillerCoors, which brews much of its beer in Milwaukee.

Hattersley is the third CEO of the MillerCoors joint venture, following Long and Leo Kiely. Molson Coors has begun the process of identifying Hattersley’s successor as CFO. Hattersley will remain in a dual capacity as MillerCoors CEO and CFO of Molson Coors until mid-November.

Hattersley previously served as executive vice president and CFO for MillerCoors and senior vice president of finance for Miller Brewing Company. He came to Miller from SAB Limited in Johannesburg, South Africa, where he held several financial management positions before becoming CFO in 1999. Prior to joining SAB Limited, he spent almost 10 years at Barloworld Ltd.

Dental Associates opening 14th clinic in Waukesha

Dental Associates has begun construction on its 14th dental clinic in the state, a 21,571-square-foot dental center in Waukesha.

The Milwaukee-based dental group practice is also currently building an 8,300-square-foot dental center near Green Bay.

Dr. Thomas Manos, president and owner of Dental Associates, said the Waukesha location was chosen because it is a vibrant and growing community and because of its proximity to Milwaukee, where Dental Associates has five clinics.

The clinic will be located on Dolphin Court, on the corner of Highway 164 and East Main Street. The 53-chair clinic will eventually employ 70 people, Manos said in a written statement.

The Waukesha clinic is expected to open in spring 2016.

62 to be laid off in Whitewater HyPro facility closure

Waterford-based HyPro Inc. notified state officials that it will be shutting down its Whitewater facility at 840 Executive Drive. It expects to lay off approximately 62 employees on or after the close of the business on Nov. 2.

Some workers may be employed beyond that date due to business need and the winding down of the operation.

HyPro said the closure is a result of changing business circumstances and the decision to consolidate operations.

HyPro provides precision machining, finishing, assembly and other services to heavy-duty markets in the off-highway, on-highway, industrial, energy and transportation segments.

Besides Whitewater and Waterford, the company has locations in Elkhorn, Platteville, Rhinelander and Berlin. It also operates in Cedar Falls, Iowa, and Vinita, Okla. In total, HyPro has more than 700,000 square feet of manufacturing capacity.

800-CEO-READ to move to Walker’s Point

Milwaukee-based 800-CEO-READ is moving from the Third Ward to Walker’s Point, where it will lease 23,410-square-feet from Independence First, 544 S. 1st. St.

The company, which is the former business and computer section of the Harry W. Schwartz Bookshop, had been leasing 6,000-square feet on the third floor of 219 N. Milwaukee St. in the Historic Third Ward.

Massive growth over the last three years has meant it has also had to utilize 2,000 square feet on other floors of the Milwaukee Street building, said Ryan Schleicher, author services specialist with 800-CEO-READ.

800-CEO-READ began on Wisconsin Avenue. As the bookshop opened new locations in response to the big box bookstores, the business arm of it, which eventually became 800-ceo-read, evolved into a backroom, online retailer.

The company’s primary clients are business authors, business schools and corporations.

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