Manufacturing
Get the latest news on manufacturing companies, innovation, and economic impact across southeastern Wisconsin.
Manpower addresses skills gap
Milwaukee-based global workforce solutions company ManpowerGroup has advised manufacturers to solve the skills gap through collaborative industry groups.
Demand for generators drives Generac profit surge
Profits for Waukesha-based Generac Holdings Inc. surged in the first quarter by 68.4 percent. The company today reported first quarter net income of $50.7 million, or 73 cents per share, compared to $30.1 million, or 44 cents per share for the first quarter of 2012.
CAT employees return to work without contract
Union members at Caterpillar Inc.’s South Milwaukee plant returned to work today and are waiting to hear whether the company will agree to continue negotiations for a new contract.
South Milwaukee workers reject Caterpillar contract proposal
The United Steelworkers (USW) today said that members of Local 1343 in South Milwaukee rejected a proposed six-year labor agreement with Caterpillar Inc. and that the union will resume negotiations with the company for a new contract.
Despite defense cutbacks Oshkosh Corp. doubles Q2 profit
Despite U.S. Defense Department spending cutbacks Oshkosh Corp. today reported a surge in second quarter earnings. The company posted fiscal second quarter net income of $85.4 million, or 96 cents per diluted share, nearly twice the $42.8 million, or 47 cents per diluted share, in net income for the previous fiscal second quarter.
Cudahy manufacturer acquires Rhode Island firm
Global diversified manufacturer Handy & Harman Ltd. announced that Lucas-Milhaupt Inc., an indirect wholly owned subsidiary based in Cudahy, has acquired the assets of Wolverine Joining Technologies, a wholly owned subsidiary of Wolverine Tube.
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Milwaukee manufacturing sector contracts
The Milwaukee-area manufacturing industry contracted in April, according to a monthly report from the Institute for Supply Management-Milwaukee.
Cooper Power to move Pewaukee production to Mexico
Cleveland-based Eaton Corp. has announced it will lay off 130 hourly production employees and 33 salaried employees at its Pewaukee Cooper Power Systems Division facility as it outsources production to Mexico. The facility manufactures line installation and protective equipment.
Master Lock workers to demonstrate
Members of United Auto Workers Local 469 plan to demonstrate today at the shareholders meeting for Master Lock parent company Fortune Brands Home & Security Inc. in Wheeling, Ill.
Harley earnings rev up
Milwaukee-based Harley-Davidson Inc. reported first quarter net income of $224.1 million, or 99 cents per share, up from $172 million, or 74 cents per share, in the same quarter a year ago.
