Industries
Briggs to cut salaried workforce by 10%
Briggs & Stratton Co. plans to reduce its salaried workforce by about 10 percent this year and shift some of its small engine production from Auburn, Ala., to China or elsewhere in Southeast Asia.
Preventing release of lethal science
When researchers used federal funding to genetically mutate the lethal H5N1 bird flu virus to make it capable of respiratory transmission between ferrets, the U.S. government was caught flat-footed on how to proceed with this potentially dangerous research. This week, a Senate panel is investigating biological security in the wake of the H5N1 research, with good reason.
Booth Tag wins Marquette business plan contest
BoothTag, a mobile barcode game developed by Milwaukee-based Finn Digital was named the best overall winner of the Marquette University’s 10th annual Business Plan Competition.
The contest is sponsored by the College of Business Administration’s Kohler Center for Entrepreneurship.
The contest is sponsored by the College of Business Administration’s Kohler Center for Entrepreneurship.
Baird reports record revenues
Milwaukee-based Robert W. Baird & Co. Inc. posted record revenues of $925 million in 2011, up 9 percent from 2010, according to the company's annual report, which was released today.
BizTimes Real Estate Weekly: Carson’s to open new restaurant in downtown Milwaukee
One of Chicago's most popular and critically acclaimed restaurants is coming to Milwaukee.
Super Steel names new CFO
Super Steel LLC, a Milwaukee-based contract manufacturer serving the agricultural, construction, industrial, transportation and defense markets, has appointed Brad Nennig as chief financial officer.
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PNC Bank names new president
The PNC Financial Services Group Inc. announced that its board of directors has elected William Demchak to be president of the corporation and its principal banking subsidiary, PNC Bank, National Association.
WellPoint’s profits drop
WellPoint Inc., the Indianapolis-based company that operates Anthem Blue Cross Blue Shield Wisconsin, today reported first quarter net income of $856.5 million, or $2.53 per share, down from $926.6 million, or $2.44 per share, in the same period a year ago.
Rockwell on pace for record year
Milwaukee-based Rockwell Automation Inc. today reported fiscal second quarter net income of $167.8 million, or $1.16 per share, up slightly from $166.4 million, or $1.14 per share, in the same period a year ago.
Bucyrus acquisition fuels record quarter for Cat
Growth in mining, strong replacement demand for products in the United States and a continued focus on cost management helped Caterpillar Inc. deliver record quarterly profits of$1.6 billion, or $2.37 per share in the first quarter, up from $1.2 billion, or $1.84 per share, in the same period a year ago.