Ashley Smart

1 week ago | biztimes.com | Ashley Smart

Company expects to mitigate costs through price increase, other initiativesLearn more about:Regal RexnordLouis PinkhamRob RehardMilwaukee-based manufacturer Regal Rexnord now expects tariffs on imports from Canada, China and Mexico, as well as on steel and aluminum, will cost the business $130 million in 2025. This follows an earlier estimate in March that tariffs would cost the business $60 million. The increase is due to a larger than anticipated impact from Already a subscriber?

1 week ago | biztimes.com | Ashley Smart

New Berlin-based Poblocki Paving Corp., a business offering pavement repair and maintenance solutions, has been acquired by Chicago-based Heartland Paving Partners for an undisclosed price. Heartland is a provider of commercial asphalt and concrete maintenance and repair services. “At Heartland, we pave the way by creating connections and fostering community growth.

1 week ago | biztimes.com | Ashley Smart

Economic uncertainty, coupled with supply chain and logistics challenges, has led to a pessimistic outlook among the country’s highest-ranking business leaders. A recently published study commissioned by Stevens Point, Wisconsin-based Sentry Insurance found that 60% of executives at large companies expect their businesses to remain flat or shrink this year. The same survey found that Already a subscriber? Log in To continue reading this article ...

2 weeks ago | biztimes.com | Ashley Smart

Milwaukee-based Harley-Davidson expects tariffs to cost the company between $130 million and $175 million throughout the remainder of 2025. Citing this economic uncertainty, company leadership said Thursday they are withdrawing full-year 2025 guidance. This decision follows that of one of Harley’s biggest competitors. Earlier this week, Minneapolis-based Polaris, a manufacturer of vehicles including Indian Motorcycles, also withdrew full-year 2025 guidance due to trade and economic uncertainty.

2 weeks ago | biztimes.com | Ashley Smart

Sussex-based Quad, a global marketing experience company, is not expecting a substantial impact on its business due to tariffs. However, company leadership said Wednesday that tariffs could put “recessionary pressures” on its clients, leading to reduced spending on advertising and marketing, along with lower print volumes. For the first quarter of 2025, Quad reported a Already a subscriber? Log in To continue reading this article ...