Manufacturing

Losses mounting at Quad/Graphics

Sussex-based Quad/Graphics Inc. reported a second quarter net loss of $20.8 million, or 44 cents per share, compared with a net loss of $10.2 million, or 31 cents per share, in the same period a year ago.

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.
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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.

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.

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