Economic Development

Potawatomi Hotel & Casino has promoted Sheryl Schnering to chief financial officer.

Glendale-based global diversified industrial company Johnson Controls Inc. announced that has formally launched Yanfeng Automotive Interiors. It is a joint venture between Yanfeng Automotive Trim Systems Co. Ltd., a wholly owned subsidiary of Huayu Automotive Systems Co. Ltd. (HASCO), which is the component group of Shanghai Automotive Industry Corporation (SAIC) and Johnson Controls.

Milwaukee-based Park Place Capital Management Inc. has announced two of its professionals have earned 2015 Five Star Wealth Manager Awards.

Wauwatosa-based WaterStone Bank has created a new program especially for active duty service members, military veterans and Reserve and National Guard service members.

In their Mid-Year Update, Robert W. Baird & Co. Inc. chief investment strategist Bruce Bittles and investment strategist William Delwiche describe the current economic environment as neutral, but see the possibility of a shift toward bullish in the second half of the year.

Plymouth-based cheese producer Sargento Foods plans to invest $30 million in the expansion of its plant in Kiel and its technical center in Elkhart Lake.

The U.S. economy created 223,000 new jobs in June, adding to the mounting evidence pointing toward economic growth in the second half of the year.

Milwaukee-based Artisan Partners has added another fund, the Artisan Developing World Fund.

Greece’s expected default today on its International Monetary Fund loan payments and the resulting meltdown of its financial system and economy are dire, but they probably won’t have a huge negative impact on the U.S. economy, analysts say.

Racine-based Twin Disc Inc.’s board of directors has elected Jeffrey Knutson as chief financial officer and treasurer.