GREEN BAY ? Schreiber Foods to build new HQ on former mall site downtown
Schreiber Foods will build a new corporate headquarters and global technology center on the site of the closed Washington Commons mall in downtown Green Bay. The $50 million project announced Tuesday will include the empty J.C. Penney Co. building east of the mall and the Days Inn building west of it. Mayor Jim Schmitt said Schreiber will have about 550 employees on site some new jobs and some consolidated from other Schreiber facilities. The development will be 222,000 square feet, according to the city. The corporate office will be about 130,000 square feet, and the technology center, which will be the companys research and development hub, will be about 90,000 square feet. Designs have not been finalized, but Planning Director Rob Strong said there likely will be at least three stories. The height is still being discussed, he sa id. read more
MADISON ? Two Madison area firms get funding for medical isotope work
Two competing Madison area companies, both working to produce a scarce radioactive isotope used in heart stress tests and cancer scans, have each brought in money from investors. SHINE Medical Technologies, Middleton, said Tuesday it is getting $11 million from investors led by Knox, a Las Vegas venture capital fund set up by UW-Madison alumnus Frederick Mancheski. NorthStar Medical Radioisotopes, Madison, received $6 million from Hendricks Holdings, Beloit, in April. Both companies want to make molybdenum-99. When molybdenum-99 decays, it produces technetium-99m, a substance used in nuclear imaging procedures performed on tens of thousands of patients every day to diagnose heart disease and cancer and to study brain and kidney function. read more
KIMBERLY ? Former NewPage Corp. mill sold to metal recyclers
A scrap metal specialist will be the new owner of the shuttered NewPage Corp. mill in Kimberly in a deal expected to close by month?s end. Ohio-based NewPage said AIM Demolition, an affiliate of Montreal-based American Iron & Metal Co. Inc., one of the largest metal recycling companies in North America, has entered into an ?asset purchase agreement,? allowing AIM to buy the Kimberly mill from NewPage. AIM, which also specializes in the manufacture of solder wire, solder paste and alloys, said it is considering various plans for the site, though it declined to detail them. NewPage closed the mill in September 2008, putting 600 people out of work. read more
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OSHKOSH ? Developer explores building downtown hotel near convention center
A Madison hotel developer is exploring building a new downtown hotel to the east of the Oshkosh Convention Center. Oshkosh Convention and Visitors Bureau Executive Director Wendy Hielsberg said the developer, who does not want to be identified yet, has conducted a feasibility study for a full-service hotel with more than 200 rooms in what is now the Riverside Park parking lot between the Leach Amphitheater and the Oshkosh Convention Center. Hielsberg said the developer, who is still seeking investors, would also be interested in taking over management and marketing duties at the convention center. read more
ASHWAUBENON ? Shopko to open Hometown Stores in Brillion and Kiel
Ashwaubenon-based retailer Shopko said on Tuesday it is opening Shopko Hometown Stores in Brillion and Kiel. The Hometown Stores are designed to meet the needs of smaller markets and include consumable goods, home products, apparel and a variety of national and private brand merchandise. Both newly announced locations will offer pharmacy services and an optical center, according to the company. Construction on the 36,000-square-foot stores is expected to begin this summer with the locations opening later this year, according to Shopko. read more
SHEBOYGAN ? Environmental group asks judge to stop Hwy. 23 expansion
A Madison-based environmental group has asked a federal judge to stop the long-awaited expansion of state Highway 23 from Plymouth to Fond du Lac into a four-lane divided highway. The organization, 1000 Friends of Wisconsin, filed a complaint Monday in U.S. Eastern District Court in Milwaukee, alleging that the state Department of Transportation hasn?t considered cheaper options to upgrade the road, including not widening it at all. read more
PLOVER ? Village?s growth spurt continues
New construction in the village of Plover is increasing, according to a recent report from the village. Plover had more than $23 million in residential and commercial construction in 2010, and more than $250 million in construction in the past 10 years. Last year?s construction spending was the highest since 2007, when the village saw more than $30 million in new construction. read more
WAUSAU ? Committees OK $15 million for west side development
Several city of Wausau committees approved a plan Tuesday to spend up to $15 million toward economic development on the city?s west side. read more
TOMAHAWK ? Group seeks to fill empty storefronts
A local nonprofit group is partnering with residents to spur new businesses in vacant storefronts, which have doubled within the past year. read more
MARSHFIELD ? Marshfield Municipal Airport considers runway extension
An extension of the north-south runway at the Marshfield Municipal Airport will be possible because of planned reconstruction of Highway BB, which is the facility?s southern boundary. The state recently approved a $158,000 airport project to complete a study that will determine if an extension is warranted, said Jeff Gaier, assistant Marshfield airport manger. The city supports the runway extension because the airport is a factor in economic development, said Steve Barg, city administrator. ?Expanding the length of the runway is important to attract larger and different aircraft,? Barg said. ?The continued growth and development of our airport is essential to our community and future growth.? As air traffic at the airport is increasing, larger planes and jets need longer runways. read more
GREEN BAY ? Packers and PMI could cash in on Kenny Chesney concert at Lambeau
Kenny Chesney isn?t the only one who stands to make money off his concert Saturday. The Green Bay Packers and PMI also could cash in on the first major concert at Lambeau Field. The Packers, in addition to whatever they can get from money spent at Curly?s Pub or the Pro Shop, will also get to keep money from concessions. Details of what the Packers charge for use of the stadium are not being disclosed. The Packers also will be reimbursed for any other costs incurred by the organization. The Packers split the proceeds from parking with PMI. read more
GREEN BAY ? Frontier Airlines resumes Green Bay-Denver flights
Frontier Airlines resumed seasonal, nonstop service between Green Bay and Denver on Tuesday, the second summer in a row the carrier has offered the flights. read more
JANESVILLE ? School headquarters may be for sale
The Janesville School District might sell its administrative offices to the city of Janesville in the coming year, although the city is still considering its options. The Educational Services Center, 527 S. Franklin St., is one of two or three sites the city is considering to build a fire station, a school board committee was told Tuesday. read more
BAYFIELD ? Council lifts B&B ban
Following a six-month moratorium, the Bayfield City Council voted 3-2 Monday to pass the Bed and Breakfast Ordinance, clearly defining a bed and breakfast business and lifting the ban on new B&Bs in residential areas. read more
Revenue department mistakenly withdrew extra money from 5,100+ taxpayers
The Wisconsin Department of Revenue says it automatically withdrew money from the accounts of more than 5,100 taxpayers in error but it has corrected the problem.
Two local companies get funding for medical isotope work
Two competing local companies, SHINE Medical Technologies of Middleton and NorthStar Medical Radioisotopes of Madison, both working to produce a scarce radioactive isotope used in heart stress tests and cancer scans, have each brought in money from investors.
Biz Beat: Local medical tech firm lands $11 million in funding
If everything falls into place, Wisconsin could land a high-tech facility to manufacture a valuable medical isotope used to detect heart disease or cancer.
Category : Business News
Source: http://www.wisconsinbrokernet.com/2011/wisconsin-business-news-june-8-2011/
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