The Milwaukee Post

14 • Milwaukee County Post • June 20, 2014 BUSINESS BRIEFS Marcus installs charging stations MILWAUKEE – Motorists who own Tesla Model S electric cars can charge them at many Marcus Hotels & Resorts, includ- ing The Pfister Hotel, the InterContinental Milwaukee and the Hilton Milwaukee City Center. The Milwaukee-based Marcus Corp. has added Tesla High Power Charging Stations at 13 properties, according to a news release. The Tesla High Power Wall Connector offers more than twice the power of typical charging stations, adding up to 58 miles of range after just one hour of charging, the release said. Besides Milwaukee, the Heidel House in Green Lake, the Grand Geneva Resport & Spa in Lake Geneva and the Hilton Madison have charging stations available. Nationwide, charging stations are in Marcus-owned and managed properties in Minneapolis, Chicago, Oklahoma City, North Hollywood, Calif., Las Vegas, Nev. and Atlanta. More installations are planned in the coming months, a release said. www.marcushotels.com Johnson Controls sets public offering MILWAUKEE – Johnson Controls Inc. is pricing a public offering of $1.7 billion in aggregate fixed-rate senior notes, accord- ing to a company statement. The proceeds will be used to help finance the acquisition of Richardson, Texas-based Air Distribution Technologies, a company that makes air distribution and ventilation products. According to the statement, the book- running managers for the offering are Goldman, Sachs & Co., Merrill Lynch, Pierce Fenner & Smith Inc., Barclays Capital Inc., Citigroup Global Markets Inc. and Wells Fargo Securities LLC. Milwaukee-based Johnson Controls, which provides building management tech- nology and automotive interiors and bat- teries, said in April that it reached a deal with the Canada Pension Plan Investment Board to purchase Air Distribution Technologies for $1.6 billion. www.johnsoncontrols.com Employers optimistic about hiring MILWAUKEE – The latest Manpower Employment Outlook Survey shows contin- ued hiring confidence among U.S. employ- ers for the third quarter. The survey, released by Milwaukee- based ManpowerGroup, reflects a Net Employment Outlook of +14, which is the strongest it's been since the second quarter of 2008. In addition, of the more than 18,000 U.S. employers surveyed, 22 percent antici- pate an increase in staff levels in the third quarter. Of those surveyed, 4 percent anticipate staff cuts, while 71 percent of employers expect no change in their hiring plans. The final 3 percent of employers are undecided about their hiring, according to the survey. www.manpowergroup.com HSA Bank moving 100 employees MILWAUKEE – HSA Bank has signed a lease for 16,000 square feet of office space at Schlitz Park in Milwaukee. The space in downtown Milwaukee will house around 100 of its employees begin- ning in August, according to a statement. Sheboygan-based HSA said it is moving from Glendale's Bayshore Town Center to the second floor of Schlitz Park's RiverCenter building, 1555 RiverCenter Drive. HSA provides health savings accounts and is a division of Webster Bank. RFP Commercial Inc.'s Ned Purtell and Jenna Maguire, representing Schlitz Park, and JLL's Drew Saunders and Dan Jessup, representing HSA Bank, negotiated the lease. www.hsabank.com NAI MLG announces transactions MILWAUKEE – Milwaukee-based NAI MLG Commercial, a commercial real estate firm, has announced several recent trans- actions. In the City of Pewaukee, Godfrey & Kahn S.C. has renewed its lease, which includes 3,191 square feet at N21-W23350 Ridgeview Pkwy., with Ehlers Cos. NAI MLG Commercial's Rachel Schmidt han- dled the transaction. In Mequon, Capital Midwest Fund LP has leased 3,383 square feet at 10556 N. Port Washington Road from Concord Development Co. Franklin-Wyndham LLC has sold .85 acres at Highway 100 and Drexel Avenue, Franklin, to Summit Credit Union. Southeast Pediatrics S.C. has leased 1,550 square feet at 3900 W. Brown Deer Road, Brown Deer, from Diverse Interests. Racine Railroad Products Inc. has sold 57,878 square feet at 1524 Frederick St., Racine, to Daniel Barnes. And, Allstate Insurance has leased 1,250 square feet at 1953 Wisconsin Ave., Grafton, from Grafton LLC. www.mlgcommercial.com Callen to participate in campaign MUSKEGO – Callen Construction, Inc. will participate in the Environmental Protection Agency's "Look for the Logo" campaign, the company announced June 11. The campaign calls for remodelers certi- fied under the agency's lead-paint rule to sport a label showing their status. Launched in 2010, the lead-paint rule requires remodelers to engage in practices designed to minimize the potential spread of lead-paint dust in homes built before 1978 – the year that lead-based paint was banned. Roughly 135,000 renovation companies and roughly 493,000 individuals have been certified. Companies that fail to comply with paperwork and safety rules could face fines of up to $37,500 per day. www.callenconstruction.com GMF awards grants to researchers MILWAUKEE – The Greater Milwaukee Foundation has awarded grants to two sci- entists who are pursuing research related to HIV and cellular machinery. University of Wisconsin-Madison facul- ty researchers Nathan Sherer and Aaron Hoskins have both received $200,000 grants through the foundation's Shaw Scientist Program, according to a statement. The annual award supports emerging investiga- tors with innovative ideas in biochemistry, biological sciences and cancer research. Sherer is studying how cells infected with HIV form tight contact with uninfect- ed cells, making virus production and pro- liferation more efficient. According to the statement, he hopes this research will even- tually lead to ideas for interrupting this process and the development of drugs effec- tive against HIV, as well as new broad-spec- trum antiviral medications. Hoskins is studying cellular machines that interpret information found in DNA genes, in hopes that eventually he can determine how errors in these machines can lead to diseases such as blindness or muscular atrophies, according to the state- ment. He will use his grant money to pursue "high-risk/high-reward" projects in order to understand how cellular machines are built. The funding will also help Hoskins accommodate undergraduates seeking summer research opportunities in his lab, the statement said. www.greatermilwaukeefoundation.org Study: Physician fees 50% higher MILWAUKEE – A recent study released shows physician fees in southeastern Wisconsin are almost 50 percent higher, on average, than other Midwest markets. The Greater Milwaukee Business Foundation on Health's study found that Southeastern Wisconsin physician-pay- ment levels ranged from 4 percent higher than Minneapolis to 74 percent higher than St. Louis. According to the study, the higher rates increase premiums for employers and indi- viduals in southeastern Wisconsin by about 15 percent when compared with other Midwest markets. Conducted by consulting firm Milliman using 2012 data, the study compared south- east Wisconsin with payment levels in Chicago; Cincinnati; Cleveland; Des Moines, Iowa; Detroit; Indianapolis; Kansas City, Mo; Minneapolis; and St. Louis. "These significant differences in com- mercial physician payment levels con- tributed to higher commercial premium levels in southeast Wisconsin," said Ron Dix, the foundation's executive director. "The results of this study deserve our attention if we are going to reduce health care costs as much as possible in our mar- ket." The study found that in southeastern Wisconsin fees were 44 percent higher for physicians who specialize in family medi- cine, internal medicine, pediatrics, obstet- rics and gynecology. In addition, fees were 55 percent higher for physicians who spe- cialize in cardiac surgery, gastroenterology, general surgery, neurosurgery, ophthalmol- ogy, orthopedic surgery, otolaryngology and vascular surgery. For physicians who specialize in anes- thesiology, critical care, diagnostic radiolo- gy, emergency medicine and pathology, fees in southeastern Wisconsin were 59 percent higher. Factors that could influence the higher payments in southeast Wisconsin include differences in operating costs, operational efficiency, physician productivity, payer mix and the related cost-shift burden to commercial payers, investments in care management and quality-improvement ini- tiatives. www.gmbfh.org Burnet Title launches app MILWAUKEE – Burnet Title launched the latest version of its mobile app, Title!Snap, which provides real estate pro- fessionals and loan officers with three cal- culators in one application for their local title and settlement calculation needs. The latest generation of Title!Snap features a faster response time, improved look and feel, updated fee calculations, and horizon- tal orientation capabilities for tablet key- board compatibility. www.burnettitlewi.com Johnson Controls finishes purchase MILWAUKEE – Johnson Controls Inc. has completed its purchase of Air Distribution Technologies for $1.6 billion. The Glendale-based provider of building management technology and automotive interiors and batteries said in April it reached a deal with the Canada Pension Plan Investment Board to buy the Richardson, Texas-based company, which makes air distribution and ventilation products. Through the transaction, Johnson Controls will acquire 48 locations with over 7,000 employees that produce a broad range of brands, including Ruskin, Titus, Hart & Cooley, Krueger, PennBarry and Tuttle & Bailey. According to a statement, the acquisi- tion reflects Johnson Controls' commit- ment to invest in its buildings business as a growth platform. www.johnsoncontrols.com

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