Manufacturing

U.S. automobile sales soared in December

The Big Three U.S. automakers today reported their best December sales since before the Great Recession hit in 2008.

Menasha Packaging acquires New Jersey firm

Neenah-based Menasha Packaging Company has acquired Rand Diversified of Edison, N.J.

Brady Corp. acquires California firm

Milwaukee-based Brady Corp. has acquired Precision Dynamics Corp. (PDC) from Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry, in a cash transaction for $300 million.

Big Bay Brewing unveils new porter-style beer

In celebration of winter and the festive holidays, Shorewood-based Big Bay Brewing Co. has introduced its newest craft beer, Portside, a porter-style beer.

Korth is new president of Dickten Masch

Nashotah-based manufacturer Dickten Masch Plastics has named Kim Korth president and chief executive officer.

Third quarter GDP grew 3.1%

The U.S. economy grew more quickly than previously stated in the third quarter due to stronger trade, faster health care spending and increased local government construction, the U.S. Commerce Department reported today.
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IEWC to acquire Delco Wire

New Berlin-based IEWC is acquiring Delco Wire and Cable of Toronto, Ontario, by way of an asset purchase agreement.

Magnetek expects impairment charge

Menomonee Falls-based Magnetek Inc. today announced it expects to report a non-cash pre-tax asset impairment charge of approximately $1 million in its fourth quarter operating results.

Actuant reports flat quarter

Menomonee Falls-based Actuant Corp. today announced fiscal first quarter net earnings of $36.3 million, or 49 cents per share, down slightly from $37.2 million, or 50 cents per share, in the same period a year ago.

Johnson Controls projects sales growth in 2013

Glendale-based Johnson Controls Inc., a global diversified company in the building and automotive industries, announced today it expects to post higher sales and earnings in fiscal 2013, despite a challenging economic environment.

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