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Badger Meter’s Rich Meeusen Named Among Chief Executives by Institutional Investor Magazine

Pubilshed November 28, 2017
Urban Milwaukee

MILWAUKEE, November 28, 2017….. Badger Meter (NYSE: BMI), a leading global innovator and manufacturer of flow measurement, control and communications solutions, announced today that Richard A. Meeusen was included in Institutional Investor’s 2018 All-America Executive Team, and was tied for first in the “Best CEO” category among SmallCap Capital Goods and Industrial Companies. More than 4,000 buy-side analysts, asset managers and sell-side researchers at over 1,200 firms that invest in U.S. equities independently voted to determine the rankings.

In 2016, Badger Meter achieved record sales, earnings and earnings per share, and marked its 24th consecutive year of increased dividend payments. Over the past five years, Badger Meter delivered an annualized total return to shareholders of 21.8 percent.

Meeusen has been chief executive officer of Badger Meter since 2002 and chairman since 2004. He joined the company in 1995 as vice president-finance and chief financial officer. He currently serves on the Board of Directors of Menasha Corporation, a consumer packaging company, and Serigraph, Inc., a specialty printing company.

Actively involved in the greater Milwaukee community, Meeusen serves on the boards of Goodwill Industries of Southeastern Wisconsin, Inc.; the Greater Milwaukee Committee; the Metropolitan Milwaukee Association of Commerce; Milwaukee 7, a regional economic development partnership between the seven counties in southeastern Wisconsin; the Public Policy Forum; the Great Lakes Protection Fund; and United Way of Greater Milwaukee and Waukesha County. He co-founded and serves as co-chair of The Water Council, a Milwaukee-based non-profit organization that supports the global water industry. In addition, Meeusen serves on the advisory board for the business school at the University of Wisconsin-Milwaukee.

Read the full article here.

Regional communication stressed again at GMC panel on Foxconn

Published November 16, 2017
Milwaukee Business Journal

Foxconn Technology Group’s reach is extending all throughout southeastern Wisconsin, and that included the November meeting of the Greater Milwaukee Committee Monday, where several of the development’s key local figures spoke to the membership about how they’re coping with the Taiwanese giant’s arrival.

Marquette University president Michael Lovell moderated a panel discussion on Foxconn at The University Club Monday and dictated conversation between four local employment figures: MATC president Vicki MartinEmploy Milwaukee president and CEO Earl Buford, Waukesha County Board chairman Paul Decker and Public Policy Forum president Rob Henken.

Like several other regional stakeholders have done before on various other Foxconn-related panel discussions, the panelists emphasized the role of collaboration and communication in successfully preparing for Foxconn. Lovell, for example, remarked at how he, Martin and University of Wisconsin-Milwaukee chancellor Mark Mone have met more in the last two or three months than they did in the entire year previous.

Decker, bringing the Waukesha County perspective to the panel, delivered a regional view in his analysis of the proceedings. noting how the region has all the resources as any other, but lacks cooperation.

Henken addressed the need for communication and cooperation through his government lens.

Read the full article here.

Foxconn wants autonomous vehicle lane as part of I-94 expansion

Published November 13, 2017
BizTimes

Foxconn Technology Group asked for an autonomous vehicle lane to be included in the expansion of Interstate 94 North-South in Racine County, Metropolitan Milwaukee Association of Commerce president Tim Sheehy said during a Greater Milwaukee Committee meeting on Monday.

The special session legislation setting up Foxconn’s $3 billion in tax credits and breaks also authorized $252.4 million in borrowing to complete the expansion of I-94 in Racine County, but that money cannot be spent without an award of federal funding for the project. Mount Pleasant and state officials have also worked together to have the Wisconsin Department of Transportation handle local road construction.

Sheehy said the state and local officials working with the company thought they were looking ahead by having money to complete the expansion and plans for the state to handle local road construction.

Read the full article here.

Driverless vehicle lanes on I-94 being studied for Foxconn

Published November 13, 2017
Milwaukee Journal Sentinel

Spurred by Foxconn Technology Group and its plans for a mega-factory in Racine County, state highway planners are studying the possibility of including special lanes for driverless vehicles on I-94.

Should that come to pass — and at this point it is only something being contemplated — it would put Wisconsin in the vanguard of what many believe will be a key part of transportation in the future.

Driverless cars have been developed and are being tested, but there are no highway lanes dedicated to so-called autonomous vehicles, a spokesman with the U.S. Department of Transportation said.

Word of the possible development here emerged Monday from Tim Sheehy, president of the Metropolitan Milwaukee Association of Commerce, as he spoke at a meeting of the Greater Milwaukee Committee on the challenges the region faces in preparing for Foxconn.

Read the full article here.

 

Aided by global reach, auto supplier Adient eyes diversification, CEO tells GMC

Published October 9, 2017
Milwaukee Business Journal

On Oct. 31, 2016, Johnson Controls spun off its automotive division, which had driven the company’s growth since the mid-1980s, accounting for as much as 75 percent of the company’s gross revenue as recently as 2014. After months of working through a wide range of highly complex issues, a new company emerged: Adient PLC, which, while not yet 1-year old, remains the global leader in automotive seating.
Read the full article here.