Madison-based Wisconsin Bank & Trust posted a record $2.54 million in net income for the first quarter of 2013, an 18% increase over the same period last year, when net income was $2.15 million. Total assets were $651.3 million for…
Nelson Global, based in Stoughton, purchased Envall, a 20-year-old Brazilian manufacturing company, for an undisclosed price. The deal will allow for an expanded product line at Nelson Global and more diversification for Envall.
Developer Fred Rouse of Rouse Management and architect Randy Bruce are proposing a three-story mixed-use property at the corner of Monroe and Knickerbocker streets, once the location of Town & Country auto repair. A bungalow next door, which was built…
Construction on the 22,000-sq.-ft. Joyce and Marshall Erdman Clinic, a new Access Community Health Center, is starting near the Village on Park Mall on South Park Street. The new center will triple the space of the current Access clinic in…
Dorn Hardware in the Northgate Shopping Center is holding a going-out-of-business sale. After 51 years at the location, the Dorn family will close the location, which has seen sales decline 20% in the past five years. Dorn’s other hardware store…
Kraft Foods Group, Inc. beat analysts’ expectations in the first quarter of 2013 after the food giant split from its global snack business. Kraft, which owns Oscar Mayer in Madison, increased sales and cut costs, earning $456 million (76 cents/share)…
UW-Madison senior Justin Vannieuwenhoven walked away with the $10,000 grand prize in the G. Steven Burrill Business Plan Competition. His company, 3in1 Holders, created a fishing rod holder that keeps bait at a steady depth even in choppy conditions. Vanniewenhoven…
Alliant Energy recorded net income of $69.9 million (63 cents/share) on revenues of $859.6 million in the first quarter of 2013. That compares to net income of $34.9 million (32 cents/share) on revenues of $765.7 million a year earlier, when…
WPS Health Insurance will open the WPS Health and Wellness Center, an on-site clinic for employees, at its Monona headquarters. QuadMed, a Sussex-based company that operates 36 clinics in 22 states, will run the clinic, which will be available to…
The U.S. economy added a better-than-expected 165,000 new jobs in April, according to preliminary data from the U.S. Department of Labor, and the official unemployment rate fell to 7.5%. It was 7.6% the previous month. Leading up to the report,…
An $18 million facelift for aging barn facilities at the Alliant Energy Center may soon get underway, according to Dane County Executive Joe Parisi, after the county’s Personnel and Finance and Public Works and Transportation committees passed a resolution authorizing…
Electronic Theatre Controls of Middleton has purchased the former Synergy Web Graphics building in Mazomanie. ETC plans to move about 30 employees and some of its warehousing and manufacturing to the 350,000-sq.-ft. plant by the end of the year. The…
Madison-based Exact Sciences reported a net loss of $10.9 million (17 cents/share) on revenues of $1 million for the first quarter ending March 31, which slightly beat analysts’ predictions of a 20 cents/share net loss. Still, the company’s stock fell…
The city’s Judge Doyle Square project in downtown Madison has attracted proposals from four developers for what could be the most expensive mixed-use undertaking in city history. The proposals are for the two city blocks that currently house the landmark…
With a congregation that has tripled in size since 2000, Door Creek Church on Madison’s far east side is planning a $7 million expansion that will add two 300-seat worship venues as well as parking, office space, and meeting rooms.…
