Business Report

Design Structures breaks ground on Trollway Shoppes

Design Structures, LLC has broken ground on Trollway Shoppes, a 13,000-sq.-ft. retail center in Mount Horeb that will include an Anytime Fitness and O’Reilly Auto Parts, among other retailers. The project should be completed in spring 2013.

NCD Technologies receives $100,000 SBIR grant

NCD Technologies of Madison received a one-year, $100,000 Small Business Innovation Research grant from the National Science Foundation. It will be used to expand offices and add staff. NCD is a nano-crystalline diamond coating research and development company that creates…

ADP jobs report: Hiring down by 17,000 in September

While the federal government’s official September jobs report won’t be released until Friday morning, a private survey indicates that American businesses hired fewer people in September. Payroll processor ADP said Wednesday that U.S. companies added 162,000 jobs last month, down…

WPS request would modify 2013 electric, gas rates

In a request filed with the Public Service Commission of Wisconsin, Wisconsin Public Service has proposed to modify its filing for higher retail electric and natural gas rates for 2013. If approved by the PSC, the utility said the request…

Edgewater renovation leads to temporary layoffs

As work begins on Edgewater Hotel renovations in Madison, 65 employees will be temporarily laid off for well over a year. The hotel begins a $98 million facelift in October, and work is scheduled to continue through mid-2014. At that…

Wisconsin Business Alliance launches as alternative to WMC

The Wisconsin Business Alliance is a new statewide business group that considers itself an alternative to Wisconsin Manufacturers and Commerce. Led by Lori Compas, a Democrat who tried to unseat state Sen. Scott Fitzgerald in the June recall elections, the…

CEOs temper hiring plans

A survey of CEOs from the nation’s 200 largest U.S. corporations found only 29% are planning to increase hiring over the next six months, down from 36% in June. The survey, which garnered 138 responses, found the top execs worried…

Monona approves luxury apartment complex along Yahara River

The Monona Plan Commission approved plans from Treysta Group, LLC, for Treysta on the Water, a luxury apartment complex with restaurants and retail. The $17 million development will be built on the five-acre site of the former Hickory Lane Mobile…

Chamberlain Research Consultants to close doors

Chamberlain Research Consultants, a Madison-based market research company, will close Oct. 1 after nearly 25 years in Madison. Owner and founder Sharon Chamberlain will open a consultancy later this fall and continue to serve on area business boards.   Chamberlain…

American Family Insurance set to purchase PGC Holdings

American Family Insurance is looking to purchase Nashville, Tenn.-based PGC Holdings, a high-risk auto insurer that offers policies in 25 states, for $230 million. Pending regulatory approvals, the transaction with PGC (Permanent General Cos.) should be finalized later this year…

Semba Biosciences receives SBIR grant

  Semba Biosciences, Inc., a Madison-based life science tool provider, received a $225,000 Small Business Innovation Research grant from the National Cancer Institutes of Health to develop a process to reduce the cost of anti-cancer drugs.