Ideas

The fiscal cliff: Now for the hard part

The U.S. House of Representatives recently passed the American Taxpayer Relief Act (ATRA), addressing the tax portion of the fiscal cliff, but delaying decisions on the spending part for another two months (for now).

Let us answer the call of history

Editor’s note: The following is the prepared text of President Barack Obama’s second inaugural address, which he recited today as he began his second term in office at the Capitol in Washington, D.C.

Walmart to sell lawn mowers with Briggs engines

Briggs & Stratton Corp. announced that three Snapper walk mower models fearing Briggs engines will be sold at Walmart beginning this month.

Illinois firm acquires Vector Technologies

Milwaukee-based Vector Technologies Inc. has been acquired by Holden Industries Inc. of Deerfield, Ill.

Generation Growth acquires Mica Tool & Manufacturing

Generation Growth Capital Fund I, LP, a Milwaukee-based private equity fund, has acquired Mica Tool & Manufacturing Inc. of Mukwonago.

Super Steel launches new industrial painting division

Milwaukee-based Super Steel LLC is launching a contract painting division called SS Coaters.
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Milwaukee Tool will expand in Brookfield

Milwaukee Tool Corp. is expanding its research and development center in Brookfield with a $6 million investment and a commitment to create 128 new jobs.

European slowdown takes toll on Johnson Controls

Glendale-based Johnson Controls Inc. reported first fiscal quarter net income of $354 million, or 52 cents per share, down from $424 million, or 62 cents per share, in the same period a year ago.

Production up in December

U.S. factory production rose in December for the second straight month, buoyed by more output of autos, electronics and business equipment.

Xten partners with Gateway on training

Kenosha-based multifacturing company Xten Industries LLC has partnered with Kenosha-based Gateway Technical College to offer a scholarship and an internal training program.

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