Manufacturing

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Rockwell lands $2.5 million contract

Nyrstar Hobart, a global multi-metals company, has awarded a contract worth more than $2.5 million order to Milwaukee-based Rockwell Automation Inc. and its Global Solutions team.

Rockwell Automation launches expansion in Brazil

Rockwell Automation, Inc. announced it has started the construction of a new manufacturing plant in the city of Jundiai near Sao Paulo, Brazil.

BMO report cites expanding Wisconsin economy

The Wisconsin economy is expanding at a moderate pace, as manufacturing continues to grind out a modest recovery, while agriculture output is on pace for another solid year, according to the State Monitor report released by BMO Capital Markets Economics.

Magnetek’s revenues soar

Menomonee Falls-based Magnetek Inc. reported fiscal first quarter net income of $1.7 million, or 5 cents per share, up from $271,000, or 1 cent per share, in the same period a year ago.

Magnetek to launch reverse stock split

Menomonee Falls-based Magnetek Inc. announced that its board of directors has approved a 1-for-10 reverse split of its common stock.
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Cree’s Ruud Lighting to expand in Sturtevant

Cree’s Ruud Lighting subsidiary in Sturtevant announced it will expand and add up to 469 new full-time jobs.

Brady downgraded to neutral, reports earnings increase

Robert W. Baird & Co. Inc. analysts have downgraded Milwaukee-based Brady Corp. to neutral and lowered its price target to $31.

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