Industries

Wisconsin banks reported net income of $614 million in the first half of the year, up from $471 million in the first half of 2014, according to the Quarterly Banking Profile released today by the Federal Deposit Insurance Corp.

Local Initiatives Support Corporation’s Milwaukee affiliate has opened up the nomination process for its 2016 MANDI Awards program, which will recognize individuals and organizations spearheading revitalization efforts in Milwaukee neighborhoods.

Delta Defense has gotten approval from the West Bend Plan Commission to build a $13 million, 65,000-square-foot facility, which will allow the company to add up to 135 jobs by 2020.

The City of Waukesha's five-year quest to tap Lake Michigan to solve its water quality problems is finally moving forward. The application phase is over and the approval phase began earlier this summer. The public comment period is nearing its conclusion.

Wauwatosa-based WaterStone Bank has hired two new community presidents, to lead its new Greenfield and Fox Point branches.

Racine-based Johnson Financial Group has named Brian Andrew, CFA, chief investment officer.

In preparation for the 2017 U.S. Open at Erin Hills, the United States Golf Association (USGA) has leased office space in Elm Grove.

Kent Carlson purchased a condo on the top floor of The Moderne, a 30-story apartment and condo tower in downtown Milwaukee, for $1.6 million, according to state records.

Glendale-based Johnson Controls Inc. has completed the sale of its Global Workplace Solutions segment to CBRE Group.

Amherst, N.Y.-based Columbus McKinnon Corp., a material handling products manufacturer, has completed its acquisition of Menomonee Falls-based Magnetek Inc.