Viewpoints

BrightStar invests in two new companies, names Hall to board

The BrightStar Wisconsin Foundation Inc. today announced it will invest in two new early stage companies.

Best Practices: ‘Why your improvement efforts aren’t driving better results: The facade of lean and Six Sigma’

I once had a plant manager tell me his factory had implemented Six Sigma, but there was not a single statistical process control chart. How is that possible?

Facility consolidations ding Brady Corp.

Milwaukee-based Brady Corp. reported fiscal third quarter net income of $17.2 million, or 33 cents per share, down from $24.1 million, or 39 cents per share, in the third quarter of 2014.

Rexnord reports lower 4Q, full-year profits

Milwaukee-based Rexnord Corp. reported fiscal fourth quarter net income of $32.5 million, or 34 cents per share, down from $39.9 million, or 38 cents per share, in the fourth quarter of 2014.

Briggs & Stratton acquires turf equipment manufacturer

Wauwatosa-based outdoor power equipment manufacturer Briggs & Stratton Corp. recently acquired all the outstanding shares of Billy Goat Industries Inc., a manufacturer of specialty turf equipment, for about $26 million in cash.

ZBB Energy may change name to EnSync Inc.

Menomonee Falls-based ZBB Energy Corp. plans to change its name to EnSync Inc., according to a proxy statement recently filed with the U.S. Securities and Exchange Commission.
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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.

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