Manufacturing
MMAC economic indicators slipped in December
The Metropolitan Milwaukee Association of Commerce (MMAC) reported that 12 of its 23 business activity indicators for the local economy improved in December, down from the 15 upward pointing indicators in November.
Generac to expand headquarters in Waukesha
Generac Power Systems Inc., a manufacturer of backup power generation equipment, announced it will invest $8 million to $10 million to expand its Waukesha headquarters and create an additional 200 jobs over the next three years.
Actuant acquires Australian company
Menomonee Falls-based Actuant Corp. announced it has acquired Jeyco Pty Ltd , an Australian designer and provider of specialized mooring, rigging and towing systems and services to the offshore oil and gas industry.
Thermo Fisher to lay off 43 in Milwaukee
Thermo Fisher Scientific announced it will partially close its Milwaukee site, eliminating 43 of 100 jobs at the facility.
Rentapen assists with accurate welds
Rentapen Inc. makes precision weld fixtures that hold a product together while it’s being robotically or manually welded.
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BizTimes seeks nominations for bold companies and leaders
BizTimes Media is seeking nominations for its 2012 Bravo! Entrepreneur Awards and IQ (Innovation Quotient) Awards.
Sensient caps record year
Milwaukee-based Sensient Technologies Inc. reported fourth quarter net earnings of $28.6 million, or 57 cents per share, up from $25.8 million, or 52 cents per share, in the same period a year ago.
Earnings rise for Modine
Modine Manufacturing Company, a Racine-based provider of thermal management technology and solutions, reported fiscal third quarter net earnings of $8.3 million, or 18 cents per share, up from $5.6 million, or 12 cents per share, in the same period a year ago.
