Manufacturing

Washington County gives loan to Richfield craft manufacturer for new product

Richfield-based June Tailor Inc., a manufacturer and distributor of premium home décor and quilting and crafting tools for the craft and creative industry, is starting production on a new stand-alone fabric-cutting kiosk it invented.

Rexnord caps robust quarter

Rexnord Corp. reported fiscal second quarter net income of $37.1 million, or 35 cents per share, up from a net loss of $52.5 million, or 54 cents per share, in the same period a year ago.

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.
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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.

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.

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