Manufacturing

Modine reports strong quarter

Racine-based Modine Manufacturing Co. reported third quarter net earnings of $4.6 million, or 10 cents per share, compared with a net loss of $12.8 million, or 26 cents per share, in the same period a year ago.

Actuant finds buyer for Electrical Segment

Menomonee Falls-based Actuant Corp. announced it has reached a definitive agreement to sell its Electrical Segment to Sentinel Capital Partners for $258 million in cash, subject to working capital and other closing adjustments.

Caterpillar to shift work from Texas to South Milwaukee

Caterpillar Inc. has announced it will close its Kilgore, Texas, plant and move some of the work to South Milwaukee by the end of the year.

Weyco Group won’t seek to acquire Allen Edmonds

Speculators wondering about which companies are bidding to acquire Allen Edmonds Shoe Corp. can cross Milwaukee-based Weyco Group Inc. off of the list of potential suitors.
 

Milwaukee manufacturers report robust growth

Milwaukee-area manufacturing activity continued to grow in October, according to the latest report from the Institute for Supply Management-Milwaukee.

Dwindling Defense contracts clip earnings at Oshkosh Corp.

With the end of the Iraq War and the drawdown of troops in Afghanistan defense contractor Oshkosh Corp. today reported third quarter net income of $36.3 million, or 41 cents per share, down from $78.9 million, or 86 cents per share, in the same period a year ago.
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Milwaukee manufacturers report robust growth

Milwaukee-area manufacturing activity continued to grow in October, according to the latest report from the Institute for Supply Management-Milwaukee.

Bubbler Quote of the Week

"I'm pretty bullish on the market. The need for good power is important – I think our lives depend...

Caterpillar to shift work from Texas to South Milwaukee

Caterpillar Inc. announced it will close its Kilgore, Texas, plant and move some of the work to South Milwaukee by the end of the year.

Walsh is CEO of merged company

Germantown-based Cambridge Major Laboratories Inc. (CML), a global leader in pharmaceutical API development and manufacturing, and AAIPharma Services Corp. today announced the appointment of Patrick Walsh as the chief executive officer of the merged company.

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