Manufacturing

Tramont Corp. informed state and local officials today that it plans to go out of business effective May 5.

Cudahy-based Roadrunner Transportation Systems Inc. announced it had acquired Rich Logistics, a provider of truckload and expedited services based in Little Rock, Ark.

New Berlin-based Velvac Inc., a manufacturer of components to the truck, bus, recreational and specialty vehicle industries, announced it has acquired the assets of the ViewMaster mirror product line from the former Mirror Lite Company of Rockwood, Mich.

Milwaukee-based Brady Corp., a world leader in identification solutions, announced it has reached an agreement to sell its Die-Cut business to Boyd Corp. of Modesto, Calif.

Milwaukee-based shoe manufacturer Weyco Group Inc. reported fourth quarter net earnings of $7.2 million, or 62 cents per share, down from $8.3 million, or 71 cents per share, in the same period a year ago.

Milwaukee-based Renaissance Power Systems has acquired Roebuck, S.C.-based Griffin Gear Inc.

Discussion heated up at the standout afternoon panel about the skills gap at the Wisconsin Manufacturing Extension Partnership's “Manufacturing Matters!” event on Thursday afternoon.

East Troy-based Wisconsin Precision Casting Corp. is celebrating its 50th year in 2014. The company now employs 85 people, has reached $13 million per year in annual sales and is looking to grow.

Several Milwaukee-area companies were honored at the 26th annual Manufacturer of the Year awards last week at a black tie banquet at the Pfister Hotel in Milwaukee. The nine winners were selected from among 34 nominees by an independent panel of judges from manufacturing, education and public sector backgrounds.

Gov. Scott Walker was among the keynote speakers at Thursday’s “Manufacturing Matters!” conference presented by the Wisconsin Manufacturing Extension Partnership (WMEP).