Manufacturing
Get the latest news on manufacturing companies, innovation, and economic impact across southeastern Wisconsin.
Joy Global receives subpoena over Chinese acquisition
Milwaukee-based Joy Global Inc. announced it has received a subpoena seeking information concerning the company’s acquisition of International Mining Machinery Holdings Ltd. in 2012 and related accounting matters.
Weyco earnings weighed down by legacy brands
Milwaukee-based Weyco Group Inc. reported third quarter net earnings of $5.5 million, or 51 cents per share, compared with $5.6 million, or 50 cents per share, in the third quarter of 2013.
Douglas Dynamics reports record earnings
Milwaukee-based Douglas Dynamics Inc. reported record third quarter net income of $10.8 million, or 47 cents per share, up significantly from $603,000, or 2 cents per share, in the third quarter of 2013.
Manufacturers continue to grow, but are less positive about future
Manufacturing activity in southeastern Wisconsin and northern Illinois continued to accelerate in October, according to a new report.
Bemis Manufacturing appoints new chief executive officer
Sheboygan Falls-based Bemis Manufacturing Co. announced today the appointment of James Feiertag as president and chief executive officer.
Koss to switch to NASDAQ Capital Market to avoid delisting
Ailing Milwaukee headphone manufacturer Koss Corp. plans to move from the NASDAQ Global Market to the NASDAQ Capital Market to avoid being delisted.
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Xten expects to close, lay off 120 employees
Kenosha-based multifacturing company Xten Industries LLC will cease operation of its Kenosha facility and lay off 120 employees, according to a WARN notice filed late last month with the Wisconsin Department of Workforce Development.
Roadrunner revenue up 37 percent
Cudahy-based Roadrunner Transportation Systems Inc. reported third quarter net income of $14.4 million, or 37 cents per share, up from $13.2 million, or35 cents per share, in the third quarter of 2013.
Modine earnings down on restructuring costs, mixed sales results
Racine-based Modine Manufacturing Co. reported fiscal 2015 second quarter net earnings of $2 million, or 4 cents per share, down from 5 million, or 10 cents per share, in the second quarter of 2014.
Johnson Controls fourth quarter, annual earnings up
Glendale-based Johnson Controls Inc. reported fourth quarter fiscal 2014 net income of $346 million, or 46 cents per share, up from $139 million, or 15 cents per share, in the fourth quarter of 2013.
