MADISON - New program to help seed up to 100 Wisconsin companies
The managers of the new Badger Fund of Funds say they can take $25 million of state money and turn it into as much as $100 million that could help build 100 companies around Wisconsin over the next few years.

Brian Birk and Lee Rand are managing partners of Sun Mountain Capital, a New Mexico firm that handles similar funds in New Mexico and in Mexico. They joined with Kegonsa Capital Partners, a Fitchburg venture capital management firm, to form Sun Mountain Kegonsa.

Sun Mountain Kegonsa was chosen earlier this year to manage the Badger Fund of Funds, for which the Legislature allocated $25 million.

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GREEN BAY - About 12,000 expected for Packers annual meeting
It will be sunny and warm Thursday for the Green Bay Packers' annual shareholders meeting.

Weather is one of three elements critical to every annual meeting, which is held in the open bowl of Lambeau Field. The others are turnout and whether any special events, such as a locker room tour, are planned.

Attendance is expected to be more than 12,000 Thursday — a normal turnout —and no formal special event is planned, though shareholders will get to see the new Packers Pro Shop and re-landscaped Robert E. Harlan Plaza.

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PORT EDWARDS - Workers displaced by Domtar mill closing faring well
It has been six years since Domtar Corp. closed its Port Edwards paper mill and eliminated 501 jobs, but according to a report commissioned by North Central Wisconsin Workforce Development Board, the workers displaced by the shutdown fared "remarkably well," considering the economic climate.

Overall, 78.2 percent of workers who responded to the survey have found a new job since being displaced, the report released Monday found. This employment rate of displaced workers increases to 90.5 percent when only workers younger than 63 are taken into account.

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VERONA – Summit Credit Union to open mortgage loan office in Verona
Summit Credit Union plans to open a mortgage loan office in Verona.

It will be the 30th location and the third mortgage loan office for the Madison-based credit union.

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BLACK EARTH - Black Earth Meats closes, files $5.3 million suit against village
Black Earth Meats will close its doors, co-owner Bartlett Durand announced Tuesday, following an ongoing dispute between the organic meat processor and the Village of Black Earth.

A suit filed July 2 in Dane County Circuit Court alleges that village trustees abused due process, targeted Durand's business and denied Black Earth Meats the ability to use its property as a slaughterhouse. Black Earth Meats is asking for $5.3 million in damages.

Elected officials for the village of 1,300 people contend that slaughtering operations on a small residential street have created a public nuisance and local deputies have filed a series of citations to that effect.

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MADISON – Losses widen for Exact Sciences
Exact Sciences Corp. — the Madison based company that’s developed a non-invasive test for colorectal cancer — reported wider losses and a drop in revenue for the second quarter.

Exact had a net loss of $19.4 million, or 24 cents a share, on zero revenue compared with a net loss of $12.3 million, or 19 cents a share, on revenues of $1 million for the same period last year.

Previous revenues had come from a five-year licensing deal with Genzyme Corp. that ended in January.

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PULASKI - $1 million damage in Pulaski feed mill fire
A fire in a dryer caused more than $1 million in damage at Nutrition Service Co. near Pulaski on Monday.

The Pulaski Tri-County Fire Department was called to the livestock feed mill at W249 Deer Drive, about two miles northwest of Pulaski, around 1:30 p.m. Firefighters from other area departments were summoned to the scene shortly before 2 p.m.

Crews remained on the scene as late as 8:20 p.m.

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MADISON – School Board eyes April referendum
It will likely be April before voters have a chance weigh in on a $24 million borrowing proposal to upgrade and expand Madison schools.

Madison School Board members indicated Monday that pushing a referendum campaign by November's general election, as previously considered, is unlikely to work given new information about the current school year's budget, which will likely have about $5.6 million fewer state aid dollars than the district projected.

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GREEN BAY - Federal judge dismisses Johnson's Obamacare lawsuit
A federal judge in Green Bay has thrown out U.S. Sen. Ron Johnson's lawsuit challenging Obamacare, saying the dispute should be resolved politically rather than through the courts.

U.S. District Judge William Griesbach ruled that the Republican senator from Wisconsin lacks any standing to challenge the federal health-care reform law in court.

If Johnson and other critics of Obamacare believe the administration has acted improperly, the judge wrote, they should take legislative action or try making their case to the voters.

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ALTOONA – School board approves $23 million referendum in fall
Altoona residents will vote on a $23 million referendum in November to build a new elementary school and refurbish existing education buildings.

The school board unanimously voted to put the referendum on the Nov. 4 ballot at its Monday night meeting.

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MADISON - Developer shows $4 million gap for 2nd piece of Judge Doyle Square project
A developer has revealed details for a proposed $65.9 million piece of the massive Judge Doyle Square project south of Capitol Square.

A new tax incremental financing application submitted by JDS Development shows a roughly $4 million financing gap on the part of the project that would bring housing, retail, a bike center and new parking to replace the aging Government East parking garage bounded by South Pinckney, East Doty and East Wilson streets.

JDS already submitted an application showing a $44.6 million financing gap on the centerpiece $111.2 million part of the project with a 318-room hotel to serve Monona Terrace, retail space and a 283-space underground parking garage across the street behind the Madison Municipal Building.

The applications show a total $177.1 million cost with $48.6 million in public assistance.

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APPLETON - Mielke Family Foundation gives $2.5 million to Lawrence
To celebrate 50 years of philanthropy in the Fox Cities, the Mielke Family Foundation has given $2.5 million to Lawrence University so students can earn elementary education certification, officials announced Monday.

Dr. John and Sally Mielke said the foundation has focused in recent years on birth-to-five and early childhood education. The gift to Lawrence expands on that vision, while honoring the foundation's work since its establishment in 1963.

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JANESVILLE - Former Rock County Appliance building could become banquet hall
If a developer's plan moves forward, a vacant building downtown that once housed a church, a Masonic lodge—and most recently, an appliance store—could become an event and banquet center.

Janesville-based Certified Parts Corporation, says it plans to renovate the second and third floors of the former Rock County Appliance building at 38 S. Main St. and put a three-story addition onto the building's west side.

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SUPERIOR - Friends bring chic boutique to Tower Ave.
In less than a month, three women have turned an empty storefront into a cool blue oasis of style.

The Blue Arrow Boutique will open its doors today, giving customers a glimpse behind the sign that’s decorated the front window of 1404 Tower Ave. for weeks: “Really, really good things coming soon.”

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DEFOREST - Company gives a little help with lawns
During nice weather, the Circle B Landscape Supply team can be found delivering mulch, topsoil, patio pavers and other products used to create a beautiful lawn.

Brothers Alan and Lyle Buchner started Circle B in the late 1970s on the family farm located on Vinburn Road in DeForest. They hauled firewood and lumber mill byproducts.

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