Manufacturing

Milwaukee Biz Blog: The declining trade deficit is good news

We have been getting significant positive economic news of late, but here is one you may have missed, because for some reason it has not generated much media coverage.

GDP grew 2.6% in fourth quarter

The U.S. Department of Commerce announced that the gross domestic product grew at a 2.6 percent annual rate in the fourth quarter.

Top 10 Businesses of the Year announced

The Waukesha County Business Alliance and media sponsor BizTimes Media have announced the 2014 Top 10 Businesses of the Year.

REIT to build spec industrial building in Oak Creek

Malvern, Pa.-based Liberty Property Trust, a real estate investment trust, has announced plans to build a 172,000-square-foot speculative industrial building in Oak Creek.

Industrial park planned west of I-94 in Kenosha

Yet another industrial park development is planned in the I-94 corridor in Kenosha County.

Sensient urges shareholders to reject FrontFour plan

Milwaukee-based Sensient Technologies Corp. sent a letter to shareholders asking them to reject a hostile board takeover attempt by Greenwich, Conn-based hedge fund FrontFour Master Fund Ltd.
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Blackthorne, Lund acquire Columbus manufacturer

Brookfield private equity firm Blackthorne Partners Ltd. and former Trostel Ltd. vice president Ross Lund have acquired Columbus-based Hughes Co. The company will now be called Hughes Equipment Company LLC.

N.Y. company acquires Cedarburg Pharmaceuticals

All of the outstanding shares of Grafton-based Cedarburg Pharmaceuticals Inc. have been acquired by Albany, N.Y.-based Albany Molecular Research Inc. for $38.2 million. AMRI also assumed $2.8 million in liabilities.

Metal-Era expands production department, adds employees

Waukesha-based Metal-Era, Inc., a commercial engineered roof solutions company, announced the addition of a weekend shift to their production department, which is now operating seven days a week.

Schwaab expands production at Milwaukee headquarters

Schwaab, Inc. has announced it has added a third production shift at its company headquarters in Milwaukee.
The company is also adding employees at the Milwaukee facility.

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