Viewpoints

Milwaukee-based Rexnord Corp. reported fiscal fourth quarter net income of $32.5 million, or 34 cents per share, down from $39.9 million, or 38 cents per share, in the fourth quarter of 2014.

Wauwatosa-based outdoor power equipment manufacturer Briggs & Stratton Corp. recently acquired all the outstanding shares of Billy Goat Industries Inc., a manufacturer of specialty turf equipment, for about $26 million in cash.

Menomonee Falls-based ZBB Energy Corp. plans to change its name to EnSync Inc., according to a proxy statement recently filed with the U.S. Securities and Exchange Commission.

The city of Milwaukee's Redevelopment Authority recently endorsed a plan to provide a $250,000 grant to pay for half of the cost to study the development feasibility of a lakefront site where Glendale-based Johnson Controls Inc. might build a new office building.

Members of the Badger Meter Inc. executive management team rang the Closing Bell on May 26 at the New York Stock Exchange in celebration of the company’s 110th anniversary.

FaB (Food and Beverage) Wisconsin has worked in collaboration with the Food Finance Institute at the University of Wisconsin Extension and the Wisconsin Economic Development Corporation (WEDC) to create FaBcap, an accelerator grant program.

Milwaukee-based The Oilgear Company will shut down manufacturing operations by Aug. 1, affecting approximately 45 production and support employees.

Glendale-based Johnson Controls Inc. recently joined U.S. Army senior commanders at Maryland’s Aberdeen Proving Ground to break ground on a new combined heat and power plant. Scheduled to be completed by January 2016, the plant is projected to save the Army nearly $113 million over 19 years.

An undisclosed investment will allow Racine-based DeltaHawk Engines Inc. to begin production on a new aviation engine and to create 100 jobs. The investment, announced May 26, was made by the Ruud family who established Racine-based Ruud Lighting.

Racine-based Modine Manufacturing Co. recently reported its fourth quarter and fiscal 2015 results.

A key measure of Milwaukee-area manufacturing activity once again indicated contraction in May. The seasonally adjusted Purchasing Managers Index was below 50 for now the second month in a row, according to the Marquette-ISM Report on Manufacturing.

Nabco Entrances Inc., a Muskego-based manufacturer of custom automatic doors and automatic door systems, is looking to lease a neighboring building in order to expand its operations, according to planning documents filed with the city.