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Funjet acquires TNT Vacations

Milwaukee-based travel agency Funjet Vacations has acquired Boston-based travel agency TNT Vacations.

Telkonet recovers from loss

Milwaukee-based Telkonet Inc. today reported second quarter net income of $200,000, up from a $700,000 loss in the first quarter of 2012.

Weakness in Europe takes toll on Modine

Modine Manufacturing Co. reported a fiscal first quarter net loss of $1.2 million, or 3 cents per share, compared with net earnings of $12.6 million, or 27 cents per share, in the same period a year ago.

Drought takes toll on Briggs & Stratton

Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $8.4 million, or 18 cents per share, which was an improvement over a net loss of $17.8 million, or 36 cents per share, in the same period a year ago.

Leinenkugel brands propel MillerCoors sales

MillerCoors LLC, which operates a brewery in Milwaukee, said its second quarter net income increased 9.1 percent from the same quarter a year ago to $436.0 million, driven by positive pricing, favorable brand mix and cost management.

Magnetek’s profits rise

Menomonee Falls-based Magnetek Inc. reported second quarter net income of $3.2 million, or 99 cents per share, up from $1.2 million, or 37 cents per share, in the same period a year ago.
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Strattec caps strong fiscal year

Milwaukee-based Strattec Security Corp. reported fiscal fourth quarter net income of $3.2 million, or 97 cents per share, up from $2.7 million, or 81 cents per share, in the same period a year ago.

S.C. Johnson opens Wright exhibit in Racine

In the late 1800s, Frank Lloyd Wright pioneered the Prairie-Style home, which resulted in a residential architecture revolution across the country. The debut exhibit at The S.C. Johnson Gallery: At Home with Frank Lloyd Wright explores the transformative style and examines Wright's impact on the American home.

Rockwell acquires Chinese manufacturer

Milwaukee-based Rockwell Automation Inc. announced it has agreed to purchase the assets of the medium voltage drives business of Harbin Jiuzhou Electric Co. Ltd. of China for $83 million.

AFL-CIO calls for national boycott of Palermo’s

The AFL-CIO has called for a nationwide boycott of Milwaukee-based Palermo Villa Inc., which is embroiled in a labor dispute.

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