Manufacturing

Snap-on Inc. reports robust quarter

Snap-on Inc., a Kenosha-based global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users, reported second quarter net earnings of $78.0 million, or $1.33 per share, up from $45.3 million, or 78 cents per share, in the same period a year ago.

Roadrunner Transportation Systems raises freight rate

Roadrunner Transportation Systems Inc., a Cudahy-based asset-light transportation and logistics services provider, announced it will implement an average 6.9-percent rate increase for all non-contractual customers effective Aug. 15.

Chicago firm acquires Milwaukee industrial space

Brennan Investment Group LLC, a Chicago-based private real estate investment firm that acquires and operates industrial properties, announced its acquisition and simultaneous leaseback to Integrated Filing Solutions of 95,500 square feet of space at 11225 Heather Avenue in Milwaukee.

Man Lift helps National Gallery move priceless artwork

Man Lift Mfg. Co. of Cudahy recently built a custom engineered lift for the National Gallery of Art in Washington, D.C.

Diamond Precision to expand in Milwaukee

Diamond Precision Products, a machine component manufacturer based in Johnson Creek, plans to open a second location in Milwaukee in August.

New hires and promotions

Douglas Dynamics of Milwaukee has appointed Kenneth Krueger to its board of directors
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Schneider to expand oil tanker fleet

Green Bay-based Schneider National, one of the nation's largest trucking companies, is hiring 300 more professional truck drivers in Texas, Oklahoma and New Mexico for its growing Dedicated and Bulk (tanker) divisions.

Immelt says business leaders should take lead in job creation

General Electric Co. chairman and chief executive officer Jeffrey Immelt advised business U.S. owners and top executives to “stop complaining” about government and take the lead in creating more jobs and sparking the national economic recovery.

Quad/Graphics to exchange international assets with Transcontinental

Sussex-based Quad/Graphics Inc. and Transcontinental Inc. announced they have entered into a definitive agreement whereby Quad/Graphics will acquire Transcontinental's Mexican operations and will sell most of its Canadian operations to Transcontinental.

Joy Global launches China venture

Milwaukee-based Joy Global Inc. has entered into an agreement to purchase 534.8 million shares of International Mining Machinery Holdings Ltd. Stock for $585 million from TJCC Holdings Limited.

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