Industries
Software licensing firm will move to larger office
Software One Inc., a Zurich, Switzerland-based software licensing resale company, plans to move its U.S. headquarters from New Berlin...
Rockwell to host annual meeting in Chicago
Milwaukee-based Rockwell Automation Inc. will host its annual investor meeting on Thursday, Nov. 17, in Chicago in conjunction with the company's Automation Fair at McCormick Place.
Strattec reports dip in net income
Strattec Security Corp. reported fiscal first quarter net income of $1.3 million, or 39 cents per share, down from $1.4 million, or 43 cents per share, in the same period a year ago.
Caterpillar posts record quarter
Caterpillar Inc. far exceeded analyst expectations, reporting a 44-percent quarterly earnings increase and record revenue.
Joy Global completes sale of drilling products business for $375 million
Milwaukee-based Joy Global Inc. announced that it has the sale of the drilling products business of its Houston-based LeTourneau Technologies Inc. business to Houston-based Cameron International Corp. for $375 million.
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Twin Disc profits surge
Another manufacturer reporting strong results, Racine-based Twin Disc Inc., a manufacturer of marine and heavy-duty off-highway power transmission equipment, reported significant increases in its first quarter net earnings and net sales.
Koss profit down 50 percent
Milwaukee-based headphone company Koss Corp. reported that its net income for the first quarter of its fiscal year was down 50 percent to $280,597, or 4 cents per diluted share, compared to $562,859, or 8 cents per diluted share, in the previous fiscal year’s first quarter.
Modine’s revival picks up speed
Racine-based Modine Manufacturing Inc. reported fiscal second quarter net earnings of $1.4 million, or 3 cents per share, compared to a net loss of $16.7 million, or 36 cents per share, in the same period a year ago.
Johnson Controls caps record quarter
Johnson Controls Inc. reported record fiscal fourth quarter net income of $538 million, or 78 cents per share, up from $449 million, or 66 cents per share, in the same period a year ago.