Industries
Metro Milwaukee home sales up 29% in July
Home sales in the Milwaukee area remain well ahead of the 2011 pace. In July home sales in the four-county metro area were up 29.2 percent compared to July 2011, according to the Greater Milwaukee Association of Realtors (GMAR).
Medical office and wellness facility planned in Menomonee Falls
Minneapolis-based Ryan Companies U.S. Inc. plans to build a 91,000-square-foot medical office and wellness building southwest of U.S. Highway 41/45 and Pilgrim Road in Menomonee Falls.
Gorman & Company plans apartment building at Pabst brewery
Oregon, Wis.-based Gorman & Company Inc. is in the early stages of planning a fourth development at the former Pabst brewery in downtown Milwaukee. The company is working on plans to build a 100-unit market rate apartment building northeast of Juneau Avenue and North 9th Street, said Gorman & Company chief executive officer Gary Gorman.
Region’s employers’ health care costs still rising
In 2011, self-funded member employers in the Business Health Care Group (BHCG) experienced a 6.2-percent increase in employee medical costs compared with 2010.
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.
Strattec caps strong fiscal year
Milwaukee-based Strattec Security Corp. reported fiscal fourth quarter net income of $3.2 million, or 97 cents per share, up from $2.7 million, or 81 cents per share, in the same period a year ago.
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Magnetek’s profits rise
Menomonee Falls-based Magnetek Inc. 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.
Drought takes toll on Briggs & Stratton
Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $8.4 million, or 18 cents per share, which was an improvement over a net loss of $17.8 million, or 36 cents per share, in the same period a year ago.
Kohl’s earnings dip
Kohl's Corp. reported second quarter net income of $240 million, or $1.00 per share, down from $299 million, or $1.08 per share, in the same period a year ago.
IMS earnings grow
New Berlin-based International Monetary Systems Ltd. reported second quarter net income of $98,647, up from $77,196 in the same period a year ago.
