Business Report

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.

Madison ranks near top in average credit scores

Experian, a credit bureau, has found Madison to have the second-highest average credit score in the nation (786), behind only Minneapolis, in a survey of 143 cities. Other Wisconsin cities making the top 10 were Wausau (third, 785) Green Bay…

Consumer confidence highest since February

Consumer confidence in September increased to its highest level since February, posting a 70.3, up from 61.3 in August, according to The Conference Board’s Consumer Confidence Index. A 90 indicates a healthy economy, but the Index hasn’t reached that number…

UW Center for Dairy Research gets $1 million federal grant

The Wisconsin Center for Dairy Research has been awarded one of seven $1 million Challenge grants from the U.S. Department of Commerce to support an effort to commercialize research ideas that will positively impact economic development. CDR, along with state,…

EPA: Abandoned factory has 9,000 gallons of hazardous material

Federal contractors have inventoried 8,868 gallons of hazardous chemicals inside an abandoned factory in the village of Slinger, according to a report in the Milwaukee Journal Sentinel. The existence of the hazardous material, which was catalogued in an old metal…

Time Warner Cable to add 50 jobs in Appleton

Time Warner Cable announced Tuesday that it would hire 50 more people for its Appleton operations center, according to a report in the Appleton Post Crescent. The company said the new positions would be customer care representatives and would all…

Telkonet posts 18% revenue growth in Q2

Telkonet, the Milwaukee-based developer of the EcoSmart energy management system, today posted revenue of $3.5 million for the quarter ended June 30, 2012, an increase of 18% over the $2.9 million for the same quarter of 2011, and an increase…

Eau Claire utility will pay $40M to clean Superfund site

NSP-Wisconsin, an Eau Claire-based utility, has agreed to pay about $40 million to clean up a Superfund site on Lake Superior, according to a report in the Milwaukee Journal Sentinel. The cleanup program was agreed to by the U.S. Department…

La Crosse Tribune: Texas prof hails Wis. hospitals as models

There are lessons for the nation to learn in Wisconsin health care. That’s what Texas professor Leonard Berry thinks. It’s why he dedicated three months last year to study three health care organizations: Gundersen Lutheran in La Crosse, Bellin Health…

TDS breaks ground on high-speed Internet project

TDS Telecommunications Corp. said today that construction is underway on its American Recovery and Reinvestment Act stimulus project, which will bring high-speed Internet service to areas of central Wisconsin. Once complete, nearly 1,400 customers in areas around Nekoosa, New Lisbon,…

La Crosse Tribune: Small farmers struggle with drought

(AP) - Chris Covelli planted 1,000 zucchini seeds on his farm in southern Wisconsin this spring. Only a quarter sprouted in the parched soil. A few weeks later, he planted 1,000 more seeds and doubled his irrigation. This time, nothing…

Sheboygan Press: South Pier casino project stalls

A proposal to build an off-reservation tribal casino in Sheboygan’s South Pier district has stalled after negotiations between the project’s developer and a northern Wisconsin Indian tribe failed to produce a development deal. City officials said Tuesday that the project…