Manufacturing

MATC to expand welding facilities

Milwaukee Area Technical College plans to expand the welding facilities at three of its locations in the next three years to extend its training capacity.

U-Line hires European distributor

U-Line, a Milwaukee-based manufacturer of premium built-in under-counter ice making, refrigeration and wine preservation products, has signed an importer agreement with Showtime Essential Kitchen Products, a premium distributor and service provider located in Celbridge, Co. Kildare, Ireland.

Sales dip at Brady Corp.

Milwaukee-based Brady Corp. today reported fiscal first quarter net income of $27.2 million, or 53 cents per share, down from $32.7 million, or 62 cents per share, in the same period a year ago.

Johnson Outdoors acquires Jetboil

Racine-based Johnson Outdoors Inc. announced it has closed on its acquisition of Jetboil Inc., the world's No. 1 brand of outdoor cooking systems.

Nassco acquires Madison firm

New Berlin-based Nassco Inc. has acquired of Messner Inc. of Madison.

Kapco seeks more vendors to accommodate growth

Grafton-based Kapco Inc., which is projecting 20-percent annual sales growth in each of the next several years, is launching a new initiative to expand its vendor base and augment its growth.
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Impairments pile up on Modine

Racine-based Modine Manufacturing Co. reported a fiscal second quarter net loss of $12.0 million, or 26 cents per share, compared with net earnings of $1.4 million, or 3 cents per share, in the same period a year ago.

Rexnord reports robust quarter

Rexnord Corp. reported fiscal second quarter net income of $19.2 million, or 19 cents per share, up from $4.5 million, or 6 cents per share, in the same period a year ago.

Allen Edmonds expands growth plans

Port Washington-based Allen Edmonds Shoe Corp. is receiving a $20 million loan from Green Bay-based Associated Banc-Corp for expansion plans that include a lease of 30,000 square feet of existing warehouse space in Port Washington and plans for two additional stores in China.

Craft brews propel MillerCoors

MillerCoors LLC today reported a 74-percent increase in quarterly profits, sparked by continued growth in its Coors Light and Tenth and Blake Beer Co. brands.

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