Category: Member News
Learn who’s growing, changing, moving and more! Stay on top of what’s new with your neighboring businesses. We share news releases and announcements from your peers in the Madison area. Want to toot your own horn? Use our Submit Member News form to share your own stories.
Photo by Richard Hurd
Savant Wealth Management: Rob Morrison to Provide Insight about Client Experience and Business
Joins finance industry panel of experts on May 6
MADISON, Wis. (April 30, 2021) – Chief Strategy and Innovation Officer Rob Morrison with Savant Wealth Management will be a panelist for RIA Insights Panels: Live Webinar Series discussing how client experience can be a true differentiator in business. The virtual panel discussion is set for 4:00 p.m. EST on May 6.
Savant, a nationally recognized, fee-only wealth management firm that provides comprehensive financial advice to individuals, families, and businesses across the nation, serves as a trusted advisor and fiduciary, working in defense of its clients’ best interests by walking alongside them on the path to reach their financial goals.
On May 6, Morrison will participate in the live panel discussion, “Can Client Experience Be a True Differentiator?” The virtual event will bring together industry leaders to discuss client experience, how to overcome challenges of delivering great experience at scale, how changing client needs are shaping the future of client experience, and what it means for business.
“I’m honored to participate alongside some of the industry’s most forward-thinking leaders,” said Morrison. “Growing a business centered around an exemplary client experience is a passion of mine. I look forward to contributing to this timely discussion about how the client experience will further shape the RIA industry.”
Savant manages $10 billion in assets, employs more than 200 team members and serves 6,500 clients. For more information about Savant Wealth Management, visit savantwealth.com.
About Savant Wealth Management
Savant Wealth Management, formerly known as Savant Capital Management, is a leading independent, fee-only firm serving clients for 30 years with $10 billion in assets under management. Savant Wealth Management offers investment management, financial planning, retirement planning, and family office services to financially established individuals and institutions. Savant also offers corporate accounting, tax preparation, payroll and consulting through its affiliate, Savant Tax & Consulting.
Savant is headquartered in Rockford, IL, with locations in Bloomington, Chicago, Downers Grove, Freeport, Hoffman Estates, Lincolnshire, Naperville, Peoria, St. Charles, Sterling, and Wilmette, IL; Phoenix, AZ; Santa Fe, NM; Madison and Park Falls, WI; and McLean, VA.
Savant Wealth Management (“Savant”) is an SEC registered investment adviser headquartered in Rockford, Illinois. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Please see Important Disclosures at savantwealth.com.
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Stoughton Trailers Reclaims Chassis Production Following Federal Trade Decisions
Company Hiring Hundreds of Employees as Hefty Tariffs Are Applied to Unfairly Traded Chinese Imports
STOUGHTON, Wis. (Thursday, April 29, 2021) — Stoughton Trailers, LLC, is hiring hundreds of assemblers, welders and supervisors at its Evansville plant — which, once successful, is expected to bring the company’s employee total to an all-time high — as it ramps up the manufacturing of chassis products used to transport intermodal containers.
In a major reshoring win on April 13, the U.S. International Trade Commission made an affirmative final determination in the countervailing duty investigation on chassis and subassemblies from China with a 5-0 decision. The commission found that U.S. producers have been materially injured by unfairly traded imports of Chinese chassis, paving the way for the imposition of trade remedy orders.
Stoughton Trailers and four other chassis manufacturers came together under the Coalition of American Chassis Manufacturers and worked with the legal team of Wiley Rein LLP to prove that unfairly dumped and subsidized imports of Chinese chassis were injuring the U.S. chassis industry.
The U.S. government issued a 44.32 percent countervailing tariff, which imposed duties on Chinese chassis and subassemblies for a minimum of five years. Additionally, in a concurrent antidumping duty investigation, the U.S. Department of Commerce preliminarily determined that Chinese producers were dumping chassis and subassemblies into the United States. Commerce is expected to issue its final antidumping duty determination on May 11, and this decision is expected to drive the total tariff to more than 232 percent on Chinese chassis and subassemblies for a minimum of five years.
“This is an enormous victory for Stoughton Trailers, the Evansville community, and other U.S. chassis manufacturers,” said Stoughton Trailers President & CEO Bob Wahlin.
“Stoughton Trailers was producing thousands of chassis annually at its Evansville plant until 2005, when Chinese manufacturers intensified the dumping chassis and single-handedly took the market.”
The Chinese were selling the entire chassis to U.S. companies for less than the cost of the steel in the frame alone, which devastated Stoughton’s chassis production and forced the company to close its Evansville facility for several years until it began to build other products at the facility, he said.
When it became evident last year that rulings in favor of U.S. manufacturers were likely, customers who previously bought Chinese chassis quickly became interested in Stoughton’s line, Wahlin said.
“When we received a very large order from a customer at the end of 2020, we geared up to make improvements to our production process and began recruiting workers,” he said. “We are hiring assemblers, welders, machine operators and supervisors. We’re also making all the subcomponents at our Stoughton Plant 5 to feed the Evansville assembly line. We’re investing in automation and other improvements to both plants, knowing that we will be in a competitive position to sell chassis for years to come.”
The company is currently hiring employees to staff the day shift but expects to add a second shift once it onboards enough new workers. Candidates may visit stojobs.com for a complete list of employment opportunities.
Photo by Richard Hurd
UScellular Named to Forbes List of Best Employers for Diversity 2021
MADISON, Wis. (April 29, 2021)– UScellular, for the second year in a row, has been named to the Forbes list of Best Employers for Diversity. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list can be viewed on the Forbes website.
The Best Employers for Diversity were selected based on Statista’s innovative methodology, guaranteeing unbiased results and providing reliable insights. Over 50,000 U.S. employees were surveyed in companies with a minimum of 1,000 employees to identify The Best Employers for Diversity.
“At UScellular, we embrace diversity in our workplace as one of the foundational elements of our culture,” said Deirdre Drake, executive vice president and chief people officer for UScellular. “We know that having a diverse workforce across all levels and within all functions of our organization is important to serving customers in our communities and attracting and retaining the best associates.”
The evaluation was based on four different criteria:
- Direct recommendations: Employees were asked to give their opinions on a series of statements regarding Age, Gender, Ethnicity, Disability, LGBTQA+ & General Diversity in their current workplace. The recommendations of women, elders, and ethnic minorities were weighted higher than the non-minority groups.
- Indirect Recommendations: Participants were also given the chance to evaluate other employers in their respective industries that stand out either positively or negatively with regard to diversity. Only the recommendations of minority groups were considered.
- Diversity Among Top Executives/Board
- Diversity Engagement Indicators
About UScellular
UScellular is the fourth-largest full-service wireless carrier in the United States, providing national network coverage and industry-leading innovations designed to elevate the customer experience. The Chicago-based carrier is building a stronger network with the latest 5G technology and offers a wide range of communication services that enhance consumers’ lives, increase the competitiveness of local businesses and improve the efficiency of government operations. To learn more about UScellular, visit one of its retail stores or www.uscellular.com. To get the latest news, promos and videos, connect with UScellular on Facebook.com/uscellular, Twitter.com/uscellular and YouTube.com/uscellularcorp.
# # #
For more information, contact:
Julie Embling, Public Relations Counsel
Cell: 630-388-9933
jembling@laughlin.com
Katie Frey, UScellular
773-317-0002
katie.frey@uscellular.com
Photo by Richard Hurd
New Division of M3 Insurance Serves Distinct Needs of Small Businesses & Individuals
M3 is pleased to introduce M3 Elevate, a new division that encourages small business owners and leaders to think of insurance and benefits as strategic, offensive tools to drive growth, not just necessary evils for protection and defense.
Photo by Richard Hurd
Suttle-Straus Announces Free Webinar on 25 Ideas for Facebook Content
Suttle-Straus, a commercial printing and marketing services provider in Waunakee, is hosting a complimentary webinar titled “25 Ideas for Facebook Content in 25 Minutes.”
Companies who post frequently and consistency see the best traction on social media. But are you getting “stuck” trying to come up with new content for your company Facebook page?
Spark your imagination when you join the social media team from Suttle-Straus for a fast-paced brainstorming session giving you 25 unique ideas for creating content for Facebook posts.
What to expect:
- In rapid-fire fashion we’ll show you real-life examples of some of our best-performing organic content.
- Instead of posting single images each day, learn how to shake it up with videos, gifs, polls, infographics, animations, and more.
- Getting your employees to engage is half the battle, so discover unique and easy ways to get more employee participation.
25 Ideas for Facebook Content in 25 Minutes
Speaker: The Suttle-Straus Social Media Team
Date/Time: Thursday, May 20, 2021 at 12pm ET / 11am CT
Cost: Complimentary
Register here: https://www.suttle-straus.com/25ideas
About Suttle-Straus (www.suttle-straus.com)
Suttle-Straus provides comprehensive marketing solutions including creative design, mailing, fulfillment, distribution, displays, signage, promotional products, conventional and digital printing. Our print-on-demand technology advances the execution speed of local marketing for distributed networks. Through long-term, collaborative client partnerships, Suttle-Straus delivers marketing solutions that help our customers win.