Business News

Snap-on and History Center collaborate on ’60s exhibit

Snap-on Incorporated and the Kenosha History Center have dedicated a special exhibit at the Rambler Legacy Gallery titled “Sixties Mix and More.”

The exhibit features classic 1960s and earlier automobiles alongside Snap-on tools, equipment and tool storage from throughout the company’s 90 year history. Other displays will tell the Snap-on story through rare signage, advertising and product evolution kiosks. A highlight of the exhibit is a fully restored 1950s Snap-on dealer van. “Snap-on is pleased to support the Kenosha History Center and share its 90 year history and vintage tools as part of this special exhibit,” said Jack Michaels, retired chairman, president and CEO of Snap-on. “Snap-on and the automobile have been an important part of Kenosha’s history for decades, and we are proud to help bring them together in this unique exhibit.”

The display opened to the public beginning Dec. 16 and will remain open through Sept. 25, 2011. The History Center is located at 220 51st Place.

Labor Dept. announces grant to assist Chrysler workers

The U.S. Department of Labor today announced a $2,601,207 grant to assist about 448 workers affected by the closure of the Chrysler Kenosha Engine Plant located in Kenosha, Wis.

“The Labor Department is committed to helping all workers who have lost jobs through no fault of their own — including those in the nation’s auto communities,” said Secretary of Labor Hilda L. Solis. “Helping these workers in Wisconsin get back on a career path is good for working families, local communities and the economy as a whole. It makes sense and it’s the right thing to do.”

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Kenosha restaurant owner earns prestigious guide star for Chicago restaurant

Spiaggia, the Chicago restaurant owned by Kenosha native Tony Mantuano has earned a prestigious star in the MICHELIN Guide Chicago 2011.

“One Michelin star means a very good restaurant in its category, a place offering cuisine prepared to a consistently high standard,” the site’s website says.

Mantuano also owns Mangia in Kenosha.

FDIC closes First Banking Center

First Banking Center, Burlington, — which also has a branch in Kenosha — was closed today by the Wisconsin Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with First Michigan Bank, Troy, Michigan, to assume all of the deposits of First Banking Center.

All deposit accounts, excluding certain brokered deposits, have been transferred to First Michigan Bank, Troy, Mich. For more information on First Michigan Bank, visit www.firstmichiganbank.com.

More info here.

Palmen to get FIAT dealership

Kenosha will be getting a Fiat dealer — specifically Fiat of Kenosha owned by Andy Palmen — Edmunds.com Inside Line is reporting.

Virginia Towers developer files for bankruptcy

The developer of the vacant Virginia Towers condo downtown has filed for bankruptcy, the Journal Sentinel is reporting.

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