Manufacturing

Strattec accelerates dividends to avoid additional taxes for shareholders

Milwaukee-based Strattec Security Corp. announced that its board of director is declaring a special cash dividend of 20 cents per common share to be paid on Dec. 31 to shareholders of record as of Dec. 21.

Joy Global expects challenges in 2013

Milwaukee-based Joy Global Inc. today reported fourth quarter income from continuing operations of $212 million, or $1.99 per share, up from $195 million, or $1.83 per share, in the same period a year ago.

Ariens has model to bridge Wisconsin’s skills gap

Over the years, I’ve spent considerable time writing and reporting on the manufacturing skills gap. It remains a topic of concern for the industrial sector in Wisconsin as business, education and political leaders continue to work to develop solutions to a problem that stems from manufacturers struggling to fill open jobs while thousands of unemployed workers search for employment but don’t have the necessary skills to make them immediately viable candidates.

GE to provide financing to help Buell build dealer network

Erik Buell Racing LLC in East Troy will receive inventory financing from GE Capital's Commercial Distribution Finance (CDF) to help it build a motorcycle dealer network.

Terry Hansen, president of Ultra Tool & Manufacturing Inc.

What was the smartest thing your company did in the past year?


"This was more a personal activity, but my wife and I attended a weeklong leadership training called 'Entreleadership' put on by Dave Ramsey. The week we spent being coached by Dave and his team was the best training I've ever received."



Generac acquires Latin American manufacturer

Waukesha-based Generac Holdings Inc., a leading designer and manufacturer of backup power generation products, announced the closing of acquisition of all of the shares of Ottomotores UK Limited and its affiliates, which includes the operations of Ottomotores Mexico and Ottomotores Brazil.
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Briggs & Stratton acquires Brazilian manufacturer

Milwaukee-based Briggs & Stratton Corp. today announced it has acquired Companhia Caetano Branco of Brazil for a total consideration of approximately $57 million in cash.

MetalTek acquires Florida fabricator

Waukesha-based MetalTek International has acquired Lakeland, Fla.-based industrial metal fabrication and machining company Specialty Maintenance and Construction Inc.

U.S. factory orders on the rise

New orders received by U.S. factories rose in October as demand for motor vehicles helped to offset a slump in defense and civilian aircraft orders, a hopeful sign for the manufacturing sector.

Olympic skier to promote Koss headphones

Koss Corp., the Milwaukee-based high fidelity stereophone manufacturer, announced today it has formed a promotional partnership with Olympic downhill skier Julia Mancuso.

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