Ideas
City panel backs funds to study lakefront site for Johnson Controls
The city of Milwaukee's Redevelopment Authority recently endorsed a plan to provide a $250,000 grant to pay for half of the cost to study the development feasibility of a lakefront site where Glendale-based Johnson Controls Inc. might build a new office building.
Badger Meter execs ring Closing Bell on Wall Street
Members of the Badger Meter Inc. executive management team rang the Closing Bell on May 26 at the New York Stock Exchange in celebration of the company’s 110th anniversary.
New business accelerator program will be FaB
FaB (Food and Beverage) Wisconsin has worked in collaboration with the Food Finance Institute at the University of Wisconsin Extension and the Wisconsin Economic Development Corporation (WEDC) to create FaBcap, an accelerator grant program.
Oilgear to cease manufacturing operations
Milwaukee-based The Oilgear Company will shut down manufacturing operations by Aug. 1, affecting approximately 45 production and support employees.
Johnson Controls’ heat, power plant to save U.S. Army $113 million
Glendale-based Johnson Controls Inc. recently joined U.S. Army senior commanders at Maryland’s Aberdeen Proving Ground to break ground on a new combined heat and power plant. Scheduled to be completed by January 2016, the plant is projected to save the Army nearly $113 million over 19 years.
Investment in DeltaHawk Engines will create 100 jobs
An undisclosed investment will allow Racine-based DeltaHawk Engines Inc. to begin production on a new aviation engine and to create 100 jobs. The investment, announced May 26, was made by the Ruud family who established Racine-based Ruud Lighting.
- Advertisement -
Modine records Q4 loss on currency headwind
Racine-based Modine Manufacturing Co. recently reported its fourth quarter and fiscal 2015 results.
Manufacturing sector continues to contract
A key measure of Milwaukee-area manufacturing activity once again indicated contraction in May. The seasonally adjusted Purchasing Managers Index was below 50 for now the second month in a row, according to the Marquette-ISM Report on Manufacturing.
Nabco Entrances plans to lease nearby building
Nabco Entrances Inc., a Muskego-based manufacturer of custom automatic doors and automatic door systems, is looking to lease a neighboring building in order to expand its operations, according to planning documents filed with the city.
GPS Education Partners rounds out new leadership team
GPS Education Partners has rounded out its newly formed leadership team with the hiring of Matthias Bollmus as director of finance and operations. President Stephanie Borowski formerly served as chief financial officer.
