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Generac cuts its guidance for the year by $560 million but says customer demand is still strong

Generac Holdings Inc. has cut its full year guidance for 2022 by roughly $560 million as its production of home standby generators has outpaced installation capacity.

Franklin Staybridge Suites hotel sold for $10.8 million

An Illinois hotel owner has purchased the Staybridge Suites Milwaukee Airport South hotel in Franklin for roughly $10.8 million, according to state records.

Milwaukee pharmaceutical company Estrigenix Therapeutics gets SBIR grant

Milwaukee-based Estrigenix Therapeutics, Inc., a pharmaceutical company focused on research in estrogen biology, is the recipient of a $300,000 National Institute of Health (NIH) Small Business Innovation Research (SBIR) grant.

Power Test names new CEO

Sussex-based Power Test, a dynamometer and test system manufacturer, has named Jim Miller as chief executive officer.
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BVK will pay $2.25 million after wrongfully receiving second PPP loan

BVK, Inc., a full-service advertising agency, has reached a settlement agreement with the Department of Justice following allegations the company wrongfully received a second-draw Paycheck Protection Program (PPP) loan.

Kohler Co. buys 45.7 acres south of Whistling Straits

The Kohler Co. has purchased roughly 45.7 acres of farmland along Lake Michigan just south of its Whistling Straits golf course in Sheboygan County for $2 million, according to state records.

A.O. Smith cuts guidance amid weaker water heater demand in North America

Milwaukee-based A.O. Smith Corp. took the somewhat unusual step Thursday of releasing preliminary results for the third quarter ahead of its scheduled earnings release at the end of the month.

Millennium continues rapid growth, expecting $430 million in revenue for the year

Delavan-based Millennium continues to surpass expectations in more ways that one. The telecommunications solutions company has been continually named one of America’s fastest-growing companies and 2022 has been no different.

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