January 2013

Private job survey shows stronger job hiring

WASHINGTON (AP) A private survey shows U.S. businesses increased hiring in January compared with a revised December reading.  Payroll processor ADP said Wednesday that employers added 192,000 jobs in January. That is more than December's revised number of 185,000, which had initially been reported at 215,000.  The ADP report is derived from actual payroll data and tracks total nonfarm private employment each month. The increase in hiring occurred after Congress and the Obama admini... Read More
 

Firefighters respond to 6-alarm fire in Burlington

CITY OF BURLINGTON - A massive fire at a Burlington frozen foods manufacturing company has been upgraded to a six-alarm blaze, authorities said shortly before 9 p.m. Wednesday.  Fire crews from stations throughout a multi-county area are responding to the fire at Echo Lake Farm Produce, 33102 S. Honey Lake Road in Burlington, public safety officials said. The fire was dispatched shortly after 6 p.m. Wednesday and throughout the evening rapidly progressed to a five-alarm blaze and then climb... Read More
 

State economic development commission to take region-by-region approach

RACINE — Under new leadership, the state’s economic development agency is taking a targeted, region-by-region approach with the intent of bolstering job growth in Wisconsin.  Newly appointed Wisconsin Economic Development Corporation Chief Executive Officer Reed Hall gave that assurance to Racine-area leaders Wednesday, as Hall and Gov. Scott Walker toured the state promoting the agency, and touting its possibilities to help grow local business and meet Walker’s 250,000-jo... Read More
 

Is Manufacturing "Cool" Again?

Once upon a time, ambitious young people with a knack for math and science went to work in manufacturing. But, as the role of manufacturing diminished in advanced economies, the brightest talents tended to gravitate to finance and other service fields that were growing rapidly – and paying well. But here’s some news: global manufacturing has the potential to stage a renaissance and once again become a career of choice for the most talented.     ... Read More
 

Caledonia approves water deal with Racine

CALEDONIA — Development along the Interstate 94 corridor could soon be a reality for the Village of Caledonia.  At Monday’s board meeting, the board of trustees approved its end of a water agreement with the City of Racine that would require the village to pay its share for regional water improvements. In return, Caledonia would have the right to expand utilities out toward the interstate and put itself in the hunt for future development. ... Read More
 

Forecast is for slow manufacturing growth

Economic analysts expect 2013 to bring more of the same for Wisconsin manufacturers — continued, but tepid growth.  "Overall I think 2013 could look a lot like 2012 for Wisconsin manufacturing,” said Kurt Bauer, Wisconsin Manufacturers & Commerce president and chief executive officer. “Better than 2011 or 2010, but perhaps not the strong rebound that we’ve all been hoping for.” ... Read More
 

Local success story: Larry Dawley started young, aimed high, built his businesses

BURLINGTON — Larry Dawley was 14 when he decided he wanted to be a millionaire, 17 when he took his first full-time job, 28 when he started his first company and 31 when he made his first million dollars.  Dawley says he’s owned 85 cars in his life, 20 motorcycles, five airplanes and 11 houses. ... Read More
 

China Begins to Lose Edge as World's Factory Floor

BEIJING—China is losing its competitive edge as a low-cost manufacturing base, new data suggest, with makers of everything from handbags to shirts to basic electronic components relocating to cheaper locales like Southeast Asia.  The shift—illustrated in weakened foreign investment in China—has pluses and minuses for an economy key to global growth. Beijing wants to shift to higher-value production and to see incomes rise. But a de-emphasis on manufacturing puts pressure o... Read More
 

'Beige Book' strikes rosier tone

As always, the language of the Federal Reserve's "beige book'' report on the economy was, well, beige.  But underneath the report's familiar lack of specifics, the tone of the central bank's report on the economy was a little rosier than usual. ... Read More
 

Doyenne Group to host 'hackathon' for women entrepreneurs

The Doyenne Group, a Madison-based networking and mentoring organization for women entrepreneurs that was founded in August, will hold its first-ever "hackathon" in February.  The Doyenne "Design-a-thon" will be a 24-hour event where women with ideas for new businesses can meet like-minded people and form teams to advance their initiatives. At a hackathon, computer programmers, graphic designers, project managers and others collaborate intensively on software projects. P... Read More