Manufacturing
Get the latest news on manufacturing companies, innovation, and economic impact across southeastern Wisconsin.
Magnetek’s profits rise
Menomonee Falls-based Magnetek Inc. today reported second quarter net income of $3.2 million, or 99 cents per share, up from $1.2 million, or 37 cents per share, in the same period a year ago.
Weakness in Europe takes toll on Modine
Modine Manufacturing Co. today reported a fiscal first quarter net loss of $1.2 million, or 3 cents per share, compared with net earnings of $12.6 million, or 27 cents per share, in the same period a year ago.
Leinenkugel brands propel MillerCoors sales
MillerCoors LLC, which operates a brewery in Milwaukee, said its second quarter net income increased 9.1 percent from the same quarter a year ago to $436.0 million, driven by positive pricing, favorable brand mix and cost management.
Rockwell acquires Chinese manufacturer
Milwaukee-based Rockwell Automation Inc. today announced it has agreed to purchase the assets of the medium voltage drives business of Harbin Jiuzhou Electric Co. Ltd. of China for $83 million.
Green Bay company acquires division of Georgia-Pacific
Green Bay-based Tosca Limited, a provider of reusable container pooling and logistics services to the food supply chain, announced today it has acquired the reusable plastic container division of Georgia-Pacific LLC.
Wiscraft now Beyond Vision
Wiscraft Inc., a Milwaukee contract machining, packaging and assembly facility that provides work for the visually impaired, has changed its name to Beyond Vision.
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SPX to host investor event
SPX Transformer Solutions will hold an investor event on Tuesday, Sept. 11, starting at 8:30 a.m. at its facility, 400 S. Prairie Avenue in Waukesha.
Harley second quarter profit revs up 30%
Milwaukee-based Harley-Davidson Inc. reported that its second quarter profit of $247.25 million, up 29.7 percent from its 2011 second quarter profit of $190.58 million. Diluted earnings per share were $1.07, up 32 percent from 81 cents in the 2011 second quarter.
Johnson Outdoors Inc. third quarter profit up 10.8%
Racine-based Johnson Outdoors Inc. reported fiscal year third quarter net income of $9 million, up 10.8 percent from the previous fiscal third quarter. Net sales were $128.6 million, up five percent.
Rexnord absorbs first quarter loss to pay debt
West Milwaukee-based Rexnord Corp. reported a net loss of $2.2 million for the first quarter of its fiscal year, down from net income of $11.2 million in the first quarter of the previous fiscal year. Net sales were up 4.4 percent to $497 million.