Ideas
Rockwell earnings up 6.8%
Milwaukee-based Rockwell Automation Inc. reported third quarter net income of $203.7 million, up 6.8 percent compared to $190.7 million in net income during the third quarter of fiscal 2012. Diluted earnings per share were $1.45, up from $1.33.
Rexnord posts profit for fiscal first quarter
West Milwaukee-based Rexnord Corp. reported fiscal first quarter net income of $14 million, a recovery from a net loss of $1 million in the first quarter of the previous fiscal year.
Wholesale drives Weyco growth
Weyco Group Inc. reported net earnings of $2.2 million, or 20 cents per share, the same as a year ago.
Modine gets sales boost
Modine Manufacturing Co. reported fiscal first quarter net earnings of $10.6 million, or 21 cents per share, up significantly from a $900,000 loss in the fiscal first quarter of 2013.
New products power slight 3Q increase for Johnson Outdoors
Racine-based Johnson Outdoors Inc. reported a slight fiscal third quarter net sales increase, from $128.6 million in 2012 to $129.8 million this year.
Generac announces secondary offering
Funds affiliated with CCMP Capital are selling all of their 7.02 million shares of stock in Generac Holdings Inc. through a secondary offering, excluding small amounts held by directors and a former director that were given as compensation for service on the board of directors.
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Actuant to acquire oil and gas support company
Actuant Corp. announced it is acquiring Viking SeaTech, a Scottish offshore oil and gas support company, for about $225 million.
Index shows July growth
The Milwaukee area manufacturing sector continued to recover in July, according to a report from the Institute for Supply Management-Milwaukee
Manufacturing sales are flat
Only 43 percent of local manufacturers have experienced a sales increase in the past year, down from 70 percent in 2012, according to the 2013 Mid-Year Manufacturing Survey from The Paranet Group.
Nonprofit Calendar
*Friday, Aug. 2, the 3rd annual Urban Island Beach Party will bring live music, a limbo contest, interactive art...