Manufacturing stocks suffer

Area manufacturers saw stock values drop sharply last week in one of the worst stock market showings since October 2008.
Racine-based Twin Disc Inc. (TWIN), a power transmission equipment manufacturer, started the week at $34.21 and fell 21 percent to $26.93 at close Friday, with a drop of more than 5 percent on Friday alone.
Joy Global Inc. (JOYG), a Milwaukee-based mining equipment manufacturer, fell 17 percent, from $78.65 to $65.01. Waukesha backup power generator manufacturer Generac Holdings Inc. (GNRC) was down 15 percent, to $15.57.
Kenosha-based tool maker Snap-On Incorporated (SNA) saw an 11 percent reduction, from $50.68 to $45.01. Milwaukee motorcycle magnate Harley-Davidson Inc. (HOG) fell 8 percent last week, to $33.89.
Briggs & Stratton Corporation (BGG), a Wauwatosa lawnmower and small engine parts manufacturer, dropped from 14.89 to 13.35 over the week. Glendale-based energy efficiency company Johnson Controls Inc. (JCI) was down 9 percent to 26.73. Actuant Corporation (ATU), a Menomonee Falls tool manufacturer, fell from 19.77 to 18.18 at close Friday.
Milwaukee-based identification solution maker Brady Corporation (BRC) was down less sharply, from $28.12 to $26.72. Sensient Technologies Corporation (SXT), a Milwaukee flavor, fragrance and color manufacturer, also dropped slightly, down five percent to 33.06.
Some stocks saw a slight recovery on Friday, in the first gainful day of the week.
Strattec Security Corporation (STRTC), a Milwaukee lock maker, had a roller coaster week but ended Friday at 23.77, 5 percent above its 22.53 Monday start.

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