Industries
Xten sold out of bankruptcy
Kenosha-based plastic injection molding company Xten Industries LLC has been sold out of bankruptcy to Mundelein, Ill.-based Commercial Plastics Co.
Made in Milwaukee: Atmosphere Engineering grows through acquisition
Atmosphere Engineering Co. started out in 2002 in the Milwaukee Enterprise Center, a business incubator formerly owned by Milwaukee Area Technical College.
Magnetek earnings up on higher sales
Menomonee Falls-based Magnetek Inc. reported third quarter net income of $3.2 million, or 88 cents per share, up from $1.1 million, or 34 cents per share, in the third quarter of 2013.
SteelWind grows with acquisitions
Oak Creek-based SteelWind Industries Inc., a steel fabrication company, announced the acquisition of Universal Industries LLC, a fabrication and machine shop located in Tomahawk, and Hall Steel Co. in Milwaukee.
FaB and MATC release more details on Food Maker School
FaB Wisconsin and the Milwaukee Area Technical College have announced further details about the Food Maker School and Center of Excellence they are forming on the south side of Milwaukee.
Rockwell reports record 2014 sales
Milwaukee-based Rockwell Automation Inc. reported fiscal 2014 fourth quarter net income of $248.7 million, or $1.79 per share, up from $215.3 million, or $1.53 per share, in the fourth quarter of 2013.
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ZBB Energy narrows loss
Menomonee Falls-based ZBB Energy Corp. reported a fiscal 2015 first quarter net loss of $2.2 million, or nine cents lost per share, compared with a net loss of $2.7 million, or 15 cents lost per share, in the first quarter of 2014.
Snap-on appoints new director to board
Kenosha-based Snap-on Inc.’s board of directors has appointed Donald Stebbins as a director, effective Jan. 4.
Stockholders selling Rexnord common stock
Milwaukee-based Rexnord Corp. recently announced the launch of a public offering of 14,729,045 shares of its common stock held by certain funds affiliated with Apollo Global Management LLC headquartered in New York City.
BizTimes launches new BizTracker news service
BizTimes Media launched last week BizTracker, a new Wisconsin business news data digital streaming service for its readers.