Manufacturing

Supply chain, loss of placement at U.S. retailer drive 16% sales drop at Koss

Koss Corp. saw its net sales drop more than 16% to $4.4 million during the first quarter of its fiscal year as shipping delays led to backorders and the company lost placement at a U.S. mass retailer.

Modine, Dana terminate $1 deal for automotive business

Racine-based Modine Manufacturing Co. will no longer sell the liquid-cooled portion of its automotive business to Ohio-based Dana Inc. after the two companies agreed to terminate the deal.

5 minutes with: Patrick Gallagher

Grand Craft Boats LLC, a maker of custom mahogany watercraft, recently moved its headquarters from Holland, Michigan, to Genoa...
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Snap-on CEO says company’s business model protects it from supply chain issues

Nick Pinchuk, chairman and chief executive officer of Kenosha-based Snap-on Inc., made a point during an earnings call Thursday of highlighting how his company’s business model protects it from the issues hitting any number of industries.

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