Manufacturing

Racine-based Twin Disc Inc. today reported fiscal first quarter net earnings of $1.3 million, or 11 cents per share down from record earnings of $9.6 million, or 83 cents per share, in the same period a year ago.

Milwaukee-based Harley-Davidson Inc. today reported third quarter net income of $134.0 million, or 59 cents per share, down from $183.6 million, or 78 cents per share, as the company restructured its production process at its largest plant in York, Pa.

Despite posting a record third quarter with a 49-percent increase in earnings, Caterpillar Inc. lowered its outlook for 2013.

Despite posting a record third quarter today with a 49-percent increase in earnings, Caterpillar Inc. lowered its outlook for 2013.

Wauwatosa-based Briggs & Stratton Corp. is advising owners of outdoor power equipment be aware of a new fuel with a higher level of ethanol that could harm small engines.

Glendale-based Johnson Controls Inc. has entered into an agreement to purchase the automotive business assets of A123 Systems Inc., a Waltham, Mass., company that filed for bankruptcy protection.

Milwaukee-based Badger Meter Inc. reported increased sales, earnings and earnings per share for the third quarter.

Water technology company A. O. Smith Corp. reported third quarter net income of $37.0 million, or 79 cents per share, down from $182.3 million, or $3.91 per share, in the same period a year ago.

Snap-on Inc. reported third quarter net earnings of $74.1 million, or $1.26 per share, up from $67.8 million, or $1.16 per share, in the same period a year ago.

Newsweek, which is printed by Sussex-based Quad/Graphics Inc., will become an online-only publication next year, ending 80 years as a printed magazine.