Manufacturing

Caterpillar acquiring Swedish marine company

Peoria, Ill.-based Caterpillar Inc. plans to acquire Johan Walter Berg AB, a marine control and propulsion manufacturer based in Ockero Islands, Sweden.

Port of Milwaukee has busy week

The Port of Milwaukee helped export a massive Joy Global Inc. mining shovel to Manzanillo, Mexico last week.

Fisher Barton moves to larger facility

Fisher Barton Blades Inc. plans to move its mower blade manufacturing operations to a larger facility in Watertown.
 

Milwaukee manufacturing growth picks up

The Milwaukee area manufacturing industry started growing again in June, following two months of contraction, according to the latest report from the Institute for Supply Management-Milwaukee.

We need less talk and more action

The Greater Milwaukee Foundation has weighed in with yet another slice-and-dice of the woes of the metro area. It was meant to be a “conversation starter.”

Master Lock parent company names new CEO

Fortune Brands Home & Security Inc.(FBHS), the parent company of Oak Creek-based Master Lock, announced that it has named Terry Horan president of the company's security and storage business.
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Investor urges breakup of Smithfield Foods

A major investor in Smithfield Foods Inc., the parent company Patrick Cudahy LLC, is trying to pressure the company to explore a breakup of its subsidiaries, rather than pursue a planned takeover by a Chinese meat producer.

Rexnord leases space in Global Water Center

West Milwaukee-based Rexnord Corp. is the latest company to commit to leasing space at the Global Water Center in Milwaukee.

MillerCoors buys property near downtown to expand Tenth and Blake brewery

MillerCoors LLC recently purchased the 110,000-square-foot industrial facility at 918 W. Somers St., near downtown Milwaukee, for $650,000 from Securant Bank & Trust.

Write-down takes toll on Actuant

Menomonee Falls-based Actuant Corp. reported a fiscal third quarter loss of $93.0 million, or $1.24 per share, compared with net income of $34.4 million, or 45 cents per share in the same period a year ago.

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