Ideas

Profits dip at Brady Corp.

Milwaukee-based Brady Corp. reported fiscal third quarter net income of $27.7 million, or 52 cents per share, down from $28.6 million, or 54 cents per share, in the same period a year ago.

Appleton Papers to merge with Dallas firm

Appleton Papers Inc. and Hicks Acquisition Company II Inc. announced a definitive agreement under which Appleton will engage in a business combination with Hicks in a transaction valued at $675 million.

MGIC files lawsuit in pool insurance dispute

MGIC Investment Corp. announced that its Mortgage Guaranty Insurance Corp. subsidiary has filed a lawsuit in Federal District Court in Milwaukee against Freddie Mac and the Federal Housing Finance Administration (Freddie Mac's conservator) regarding the pool insurance dispute between MGIC and Freddie Mac.

BMO Harris buys Bradley Center naming rights

Milwaukee's Bradley Center has been renamed the BMO Harris Bradley Center after the bank made an undisclosed investment in the future of the building.

Xten acquires Ill. plastic molder

Kenosha plastic injection molder Xten Industries has acquired the assets of Paramount Plastics LLC in Lockport, Ill.

Lakeside partners with Second Chance

Lakeside Manufacturing Inc. in West Milwaukee has teamed up with Second Chance Partners for Education to provide an alternative education center at its plant.
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Milwaukee Matters

Editor's note: The following is a joint statement from seven members of the Milwaukee Common Council.

Plexus to build new plant in Neenah

Plexus Corp. announced today it intends to construct a $50 million, 410,000-square-foot manufacturing facility in Neenah.

A call for civility in Wisconsin

Editor's note: Sheldon Lubar, founder and chairman of Lubar & Co., in Milwaukee, received the BizTimes Bravo! Entrepreneur Lifetime Achievement Award Thursday. Lubar gave a rousing acceptance speech at the luncheon, and he received a standing ovation. The following is the text of his acceptance speech.

Caledonia boy wins national Google image competition

Dylan Hoffman, a seven-year-old boy from the Prairie School in Racine, was named the national winner of this year's Doodle 4 Google competition. His efforts have earned him a $30,000 college scholarship and a $50,000 technology grant for his school.

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