The Cenovus oil refinery in Superior has shut down a unit that treats and removes hydrogen sulfide gas due to a small leak, according to the Wisconsin Department of Natural Resources.
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Spiraling gas prices are just part of the affordability crisis that small business owners face, Mel and Mike Ohlinger write. (Wisconsin Examiner photo)
Recently we paid $4.63 per gallon for gas while driving from Neenah, Wisconsin, to Nashville for our industry’s largest trade show. The trip is 633 miles each way. For years, loading up our company van with our booth and hitting the road was the affordable option for a small business like ours. Now even that feels out of reach.
We own OhmCo, a small, family-owned business that provides digital marketing and signage services for car washes across the United States. We are veteran-owned, woman-owned, and entirely self-funded. Every dollar we earn goes back into supporting our employees, growing our company, and serving our customers.
But right now, small businesses are being squeezed from every direction.
Every extra dollar spent on fuel is money that cannot go toward hiring, healthcare, equipment, or growth.
We understand that the recent inflation in the price of gas is driven by national policy and global events out of the state’s control. But that doesn’t make the escalating transportation and energy costs any easier for small businesses like ours to absorb, especially when travel, shipping, and logistics are essential to staying competitive.
Large corporations have dedicated legal, tax and compliance teams that can help them absorb rising costs more easily. Small businesses cannot.
What makes this even more frustrating is watching fuel prices climb while consumers are also dealing with higher costs tied to tariffs, supply disruptions, airline instability, and economic uncertainty. Working people and small businesses are left paying the price while political leaders seem more focused on spectacle than solutions.
At the same time, healthcare costs remain crushing for employers. Like many small business owners, we want to provide good coverage for ourselves and our employees, but premiums continue to rise beyond what many businesses can realistically sustain. Healthcare should not bankrupt employers or employees, and people should not have to stay trapped in jobs simply because coverage is tied to employment.
Through our advocacy with the Main Street Alliance, we have connected with entrepreneurs across the country facing the exact same challenges. Small business owners are delaying hiring, scaling back investments, and questioning whether they can continue operating under the weight of rising costs and instability.
We also need elected leaders, including our state Legislature, to prioritize regular working families and small businesses like ours instead of catering primarily to large corporations and powerful special interests.
Small businesses are the ones sponsoring local sports teams, supporting community organizations, employing local workers, and reinvesting in our neighborhoods. Yet too often it feels like the needs of Main Street come last.
Large corporations have the resources to negotiate, litigate or exploit loopholes. They benefit from complicated tax systems and special carve-outs tend to benefit them over local businesses and communities.
Tax incentives may keep a large corporation from leaving the community, but when they contribute less, that burden still has to be made up somewhere, and it often falls on homeowners or small businesses.
What small businesses need is not complicated. We need lower and more stable fuel prices and reduced tariffs that increase consumer and operating costs.
We need healthcare that is actually affordable for working families and employers, as well as affordable childcare.
We need simpler rules for interstate hiring, because every state has different payroll registrations, labor laws, unemployment systems, tax requirements and compliance rules. Larger companies can afford teams of lawyers and HR departments to manage that. Smaller businesses usually cannot.
We need stronger protections from predatory lending and excessive fees as well as easier access to loans. We need easier access to broadband internet and automation incentives.
We need more competition and affordability in transportation and energy markets. We need policies that support small business growth instead of squeezing us out — lower shipping costs, lower payroll processing and credit card processing fees, and stronger protections against large corporations that delay payments and dominate policy discussions to their advantage and our disadvantage.Most of all, we need elected leaders willing to prioritize regular people and small businesses over large corporations and special interests.
Small businesses are the backbone of this country. At OhmCo, we sponsor a local kids bowling team, and we travel around the country teaching businesses about technology, AI, marketing, and innovation. We believe deeply in our communities and in the promise of hard work.
But right now, many small businesses feel like we are being priced out of survival.
We are not asking for special treatment. We are asking for leadership that prioritizes working families and small businesses instead of corporate profits and political theater. Americans deserve an economy where hard work actually leads somewhere again.
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Wisconsin's Uline is looking to pause the development of a more than 1 million-square-foot distribution center in Kenosha due to economic uncertainty.
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IKEA plans to open a store in Madison this fall. It will be the Swedish retailer's second location in Wisconsin.
The post IKEA to open second Wisconsin location with new store in Madison appeared first on WPR.
Milwaukee’s only tofu maker is back after a temporary closure. Jim Neumeyer, the previous co-owner of the now shuttered Beans & Barley, is taking the helm.
The post Long-time Milwaukee entrepreneurs revive Simple Soyman, celebrated Wisconsin tofu manufacturer appeared first on WPR.
Wisconsin would be allowed to redesignate areas that aren’t meeting federal smog regulations if it can show most pollution is coming from outside the state under a new bill introduced by Republicans.
The post Republican bill could allow Wisconsin to skirt federal smog regulations appeared first on WPR.
Importers that paid tariffs later struck down by the Supreme Court can now apply for refunds.
The post Wisconsin businesses could recoup millions paid in illegal tariffs appeared first on WPR.
Blue Bird Corporation announced its pending acquisition of the remaining 50-percent equity interest in Micro Bird, a joint venture with Canadian bus manufacturer Girardin Minibus. The $198.2 million deal, which values Micro Bird at $429.6 million, is expected to close by the end of the second quarter, pending regulatory approval and customary closing conditions.
The OEM confirmed Micro Bird President Eric Boule and his current management team continue to oversee day-to-day operations.
The Micro Bird brand originated in the mid-1970s, when Blue Bird introduced its first Type A school bus built on a cutaway van chassis. Blue Bird entered a supply agreement with Girardin Minibus in 1992 to build the Micro Bird in Quebec. The most recent joint venture between Blue Bird and Girardin was signed in 2009, which created Micro Bird, Inc.
The transaction announced Tuesday is funded through a combination of 70-percent stock and 30-percent cash. It includes the $16.5 million purchase of Micro Bird’s new manufacturing facility in Plattsburgh, New York and the transfer of its OEM service parts inventory for $400,000, according to a company presentation on the deal strategy and structure. Blue Bird said it plans to issue 2.7 million shares to fund the stock portion and use $154.2 million in cash for the remainder.
Blue Bird said the acquisition is expected to enhance the company’s market share in the K-12 student transportation industry by expanding its product portfolio to include a comprehensive lineup of Type A, C and D buses powered by diesel, gas, propane, and electric powertrains. The deal will also double Micro Bird’s addressable market in the U.S., thanks to its compliance with Buy America requirements, and strengthen Blue Bird’s presence in Canada.
The transaction is projected to be immediately accretive to earnings, with an estimated 8.2 percent increase in earnings per share in fiscal year 2026. Blue Bird’s pro forma revenue is expected to grow from $1.5 billion to $1.9 billion, while adjusted EBITDA is forecasted to increase from $225 million to $250 million. The company said it anticipates long-term revenue growth to reach $2.5 billion by 2030, with an EBITDA margin exceeding 15 percent.
Micro Bird, known for its high-quality school, commercial and electric buses, is well-positioned for long-term growth. Blue Bird said the acquisition will enable it to leverage Micro Bird’s expertise in electric vehicle technology, streamline development and expand into adjacent markets such as commercial and specialty vehicles as well as drive engineering efficiencies, enhance market share, and deliver value to shareholders through profitable growth and stock buybacks.
This article is developing.
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VANCOUVER — GreenPower Motor Company Inc. (Nasdaq: GP) (“GreenPower” and the “Company”), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today reported revenue of $8.5 million and net income of $4.2 million as a part of its financial results for the period ended December 31, 2025.
“Despite significant headwinds in the EV sector in general, GreenPower has made substantial strides with its transition from building EVs on spec., to a production strategy driven by building EVs to customer orders.” said Fraser Atkinson, GreenPower chairman and CEO. “This transition has required recapitalization of the Company, retooling our manufacturing, managing inventory, and obtaining sources of production funding.”
“GreenPower is very excited about the excellent progress in the deployment of all-electric, purpose-built school buses during the last quarter in New Mexico; Continuing to perform on the state sponsored, two-year, zero emissions school bus pilot project.” said Brendan Riley, President of GreenPower. “This project uses the compelling West Virginia pilot project as its model but is focussed on the specific needs of New Mexico school districts where there will be challenges on deploying in both city and rural settings, challenges with charging infrastructure and operating the school buses in extreme cold weather at high elevations.”
Third Quarter 2026 Highlights
Subsequent to the end of the quarter, GreenPower completed several transactions to recapitalize the Company. The Company closed on two term loans for a total of $5 million, closed on the new banking relationship with CIBC including a line of credit and Term Loan, paid out the existing bank line of credit, exchanged $7 million of related party loans for convertible debentures and exchanged $3 million of related party loans for Series B Convertible Preferred Shares.
For additional information on the results of operations for the period ended Dec. 31, 2025 with the financial statements and related reports posted on GreenPower’s website as well as on SEDAR Plus or on EDGAR.
About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. For further information go to www.greenpowermotor.com
Forward-Looking Statements
This document contains forward-looking statements relating to, among other things, GreenPower’s business and operations and the environment in which it operates, which are based on GreenPower’s operations, estimates, forecasts and projections. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “upon”, “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. A number of important factors including those set forth in other public filings (filed under the Company’s profile on www.sedar.com) could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date on which they are made. GreenPower disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
All amounts in U.S. dollars. ©2026 GreenPower Motor Company Inc. All rights reserved.
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$1.2 Trillion+ opportunity for Floating Offshore Wind (FOW) developers globally says UK report 1 FOW developers urged to learn lessons from European deployment Seoul, South Korea, 27 November 2024 — As the global wind industry prepares for GWEC’s Wind Energy Summit in South Korea later this week, Principle Power and Shoreline Wind demonstrate how Floating …
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A new study on behalf of Milliken has identified the top U.S. states for sustainable energy production. The rapid rise of the sustainable energy sector worldwide has been one of the most important technological and economic stories of recent years. Continued urgency to mitigate the impact of climate change has spurred governments and companies to speed the transition …
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