January 2011

Page 8

SINCE WE LAST MET building in Darmstadt, Germany. The space will be used for a design center and product development facilities and is expected to be running by March. November 30 Northwestern Mutual Financial Network — The Holter Financial Group, Milwaukee, donated $100,000 to the University of Wisconsin-Oshkosh’s College of Business for use in providing student professional development programs over five years. The university has named a Holter Financial Group Internship Office, which will offer increased professional development opportunities for business students through internships. December 1 The Fox Cities Convention Center Community Coalition proposed an $18 million to $23 million exhibition hall on an Outagamie County parking lot behind the Radisson Paper Valley Hotel in downtown Appleton. The committee made a number of proposals for the facility, including: 18 communities in the Fox Valley should add a 3 percent hotel room tax to help finance the project; the county should sell its lot on W. Lawrence Street and possibly build a parking ramp at the Justice Center; the City of Appleton committed to preparing the site for construction, as it has in past projects, at a cost of about $5.3 million; and the Paper Valley Hotel would need to operate the facility to reduce costs and minimize the burden on taxpayers.

December 2 The U.S. government agreed to pay $4.5 million as its share of the cleanup costs in the Fox River because the U.S. Army Corps of Engineers spread PCBs when it dredged the Green Bay navigational channel and disposed the sediment on Renard Isle. The overall $5.2 million settlement will include $350,000 each to the City of Green Bay and Brown County because they operated landfills where PCB-contaminated sediment was disposed. December 2 “Building a Grad Nation,” a study by America’s Promise Alliance, Civic Enterprises and Johns Hopkins University’s Everyone Graduates Center, found that Wisconsin is just shy of a 90 percent statewide graduation rate and graduated more high school students in 2008 than it did in 2002. Wisconsin is one of 12 states that made substantive gains in graduation rates over the six-year period, and one of eight states that greatly reduced the number of so-called dropout factory high schools. Wisconsin’s graduation rate was 89.6 percent in 2008, up from 84.8 percent in 2002. December 3 The U.S. Labor Department reported the national unemployment rate rose to 9.8 percent in November, indicating only 39,000 jobs were added by employers in November, a sharp drop from the 172,000 created in October. The weakness was widespread as retailers, factories, construction com-

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