Industries

Microbial Discovery Group LLC has expanded its Franklin facility and is in the process of hiring seven new employees to meet demand for microbial-based products and solutions.

The Milwaukee Common Council voted unanimously today to eliminate the city's cap on taxi cab permits.

Three regional banks with a strong presence in the Milwaukee market reported mixed results in their second quarter earnings reports.

Milwaukee-based MGIC Investment Corp. reported second quarter net income of $45.5 million, or 12 cents per share, up from $12.4 million, or 4 cents per share, in the second quarter of 2013.

Brown Deer-based Bank Mutual Corp. reported second quarter net income of $3.6 million, or 8 cents per share, up 35 percent from $2.6 million, or 6 cents per share, in the second quarter of 2013.

UMB Fund Services announced that chief executive officer John Zader has retired. Tony Fischer has been promoted to president and Maureen Quill has been promoted to chief operating officer to fill the role.

Green Bay-based Associated Banc-Corp reported second quarter net income of $46.4 million, or 28 cents per share, down from $47.9 million, or 28 cents per share, in the second quarter of 2013.

Cudahy-based Roadrunner Transportation Systems Inc. has acquired Integrated Services, ISI Logistics and ISI Logistics South for $13 million.

Susan Doyle has been named senior vice president of retail banking at Brookfield-based North Shore Bank.

Five Wisconsin firms were recently recognized in a Financial Times Top 300 listing, including Elm Grove-based Annex Wealth Management, Milwaukee-based Cleary Gull, Milwaukee-based Diversified Management Inc. and Milwaukee-based Sadoff Investment Management.