Industries

Shareholders approve sale of Patrick Cudahy parent company

Smithfield Foods Inc., the parent company of Patrick Cudahy Inc., announced that its shareholders voted overwhelmingly to approve the acquisition of the company by Shuanghui International Holdings Limited of China.

Modine to acquire British firm

Racine-based Modine Manufacturing Co. a diversified global leader in thermal management technology and solutions, announced it has entered into exclusive negotiations to acquire privately held Barkell Limited, a manufacturer of custom built air handling units located in Consett (County Durham), United Kingdom.

Equity partners acquire Pereles Bros. Inc.

Pereles Bros. Inc., a Milwaukee-based plastic injection molding company, has been was purchased through an equity buyout by business partners Steve Iram and Jim Gannon.

Johnson Controls completes HomeLink sale

Glendale-based Johnson Controls has completed the $700 million sale of its HomeLink business to Zeeland, Mich.-based Gentex Corporation. The deal was announced in July.

BizTimes to host conference for manufacturers

BizTimes Media’s 2013 Manufacturing Summit will fuse concepts of design with innovation strategies in manufacturing in a panel event centered on the creative problem-solving process of design thinking.

Sector surges in September

Milwaukee’s manufacturing industry saw a significant increase in activity in September, according to the latest report from the Institute for Supply Management-Milwaukee.
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