Wisconsin Business News

Harley CEO makes his case to workers for contract concessions
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Three days before the unions at Harley-Davidson Inc. vote on a labor contract that will determine the fate of roughly 1,700 jobs and the company's Wisconsin manufacturing operations, Harley CEO Keith Wandell has sent a letter to employees highlighting his concerns.

Metro-area home sales slump in August
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Sales of existing homes in the metro Milwaukee area fell for the third consecutive month, dropping 37% in August and dragging totals for the year into negative territory.

State settles with two drug companies
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The Wisconsin attorney general's office announced settlements with two pharmaceutical companies over off-label marketing and kickback violations.

Brady earnings beat analyst estimates
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Brady Corp. (BRC) on Friday reported double-digit increases in sales and earnings in the latest quarter and forecast an improved business climate next year.

FDA warns e-cig makers
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Richmond, Va.— The Food and Drug Administration is lighting a fire under the electronic cigarette industry - including a Wisconsin company - to work with the agency to legally market the devices and is cautioning other companies that their sales and manufacturing practices violate federal law.

New tenants 'pop up' in vacant downtown stores
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The vacancy rate for retail space downtown is 16.9%, according to a survey.

Harley scraps plan for Valley offices
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Harley-Davidson Inc. has negotiated a deal with the Department of City Development that allows the motorcycle maker to back out of its plan to develop offices and other commercial space at the company's Menomonee Valley museum.

ATC expects power line projects to cost $3.4 billion
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Projects to import renewable energy from states west of Wisconsin are helping drive up the cost of a 10-year transmission spending plan unveiled by Pewaukee-based American Transmission Co.

Downtown condo market hits bottom; sales slowest for largest units
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The downtown Milwaukee condo market is"very close" to the bottom, and may already have hit bottom, an industry consultant says.

Business groups sue to overturn state labor law
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Two major business groups are seeking to overturn a recently enacted state law that lends help to union organizing efforts.

Power company loses bid to have utility bill lowered
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Wisconsin regulators say there was no merit in Dominion's complaint about back-billing by WPS.

Harley investors focus on bottom line
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Investment pros say Harley-Davidson's cost-cutting proposals have long-term implications for the company's profitability.

Four state firms listed among best workplaces
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Four Wisconsin companies have been named among the best small and medium workplaces by the Great Place to Work Institute.

Visit Milwaukee president named to tourism council
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Gov. Jim Doyle has named Visit Milwaukee president and CEO Paul Upchurch to the Governor's Council on Tourism.

Farm co-op will add 100 jobs
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Organic Valley, the nation's largest cooperative of organic farmers, announced plans Thursday for a $6.1 million expansion of its La Farge headquarters, which the co-op says will add 100 new jobs over the next three years.

Brady raises annual dividend by 2 cents
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Brady Corp. (BRC) on Thursday announced a 2 cent increase in its annual dividend to 72 cents - making the announcement one day before its financial results for the fourth fiscal quarter and the just-ended fiscal year.

ZBB Energy batteries featured in solar project at Target
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An energy storage system developed by ZBB Energy Corp. will be integrated with power generated from solar panels at a Target store in California as part of a demonstration project involving technologies that can store electricity.

Plans for Sussex sports complex remain on hold
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A $10 million indoor sports complex proposed for Sussex is on hold, but the developer hopes to secure financing for the project by the end of this year.

Harley proposes more job cuts
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About one in four of the current jobs at the Harley-Davidson Inc. plants in Tomahawk would be eliminated under a proposed seven-year labor contract that will be voted on Monday.

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