Steel Dynamics Inc. recently announced it will purchase a majority of the equity interest of United Steel Supply of Austin, Texas United Steel Supply is a distributor of painted Galvalume flat roll steel used for roofing and siding applications, according to Steel Dynamics. United Steel Supply operates a warehouse in Kingsbury, south of La Porte. […]
Sales of existing homes in greater Northwest Indiana area finish 2018 up 1.6 percent from previous year
A drop in homes available for sale, rising prices and mortgage interest rates may have played a role in sales of existing homes finishing 2018 slightly above 2017. The Greater Northwest Indiana Association of Realtors reported sales of existing homes in the greater Region area totaled 10,849 in 2018, up 1.6 percent from 10,683 closed […]
Elkhart-based Thor Industries closes on $2.4 billion purchase of German firm Erwin Hymer Group
Thor Industries Inc. on Feb. 1 announced it had closed on its $2.4 billion purchase of European RV-maker Erwin Hymer Group. The Elkhart-based recreational vehicle maker announced the deal in September. Thor Industries says combining with Erwin Hymer of Germany creates the world’s large RV manufacturer. The acquisition excludes EHG’s North American businesses, and reflects […]
State reports dip in general fund revenues for January
The latest report from the Indiana State Budget Agency reported general fund revenues for January totaled $1,496.5 million, which is $39.1 million or 2.5 percent below state estimates from a December 2018 revised revenue forecast. January’s revenue totals also were $108.5 million or down 6.8 percent when compared to January 2018, according to the state. […]
First Financial hires new executives following announced retirement of chief banking officer
Cincinnati, Ohio-based First Financial announced Feb. 5 that Chief Banking Officer Tony Stollings is retiring from the company. Stollings has been part of the bank’s leadership team for more than 12 years. First Financial hired Andy Hauck as commercial banking executive and Cathy Myers as consumer banking executive. Stollings will work with Hauck, Myers and […]
Dunes Arts Foundation of Michigan City elects four new board members
The Dunes Arts Foundation in Michigan City recently elected four new members to its board of directors. New board members include Clarence Hulse, executive director of the Economic Development Corp., Michigan City; Kathleen Dolio-Thorson, founder and president of KDT Designs; Elise Kermani, artistic director of MiShinnah Productions; and Dale Maher, realtor with Line Mullins Realty. […]
Valparaiso University alum pledges $1.3 million to establish endowed business professorship and scholarship
Michael Gruszyk, a veteran retail industry executive and 1985 graduate of Valparaiso University, has committed $1.3 million to fund an endowed professorship and a scholarship in the university’s College of Business. The university in a statement said the funds will be divided between the Michael Gruszyk Endowed Professorship in Business and the Michael Gruszyk Endowed […]
Diaper drive by Franciscan Health, Region businesses and organizations collects 20,000 diapers
The second annual diaper drive by Franciscan Health employees and Region businesses and organizations, collected 20,000 diapers, which were distributed to local organizations, providing help to more than 1,000 families. “The diaper drive is something we host every October during Diaper Insecurity Month to make sure that families receive this need prior to the holidays,” […]
Northwest Indiana attorney appointed to state worker’s compensation board
A Northwest Indiana attorney is among the several state board appoints and reappointments recently announced by the office of Gov. Eric Holcomb. Sandra O’Brien, Valparaiso, attorney with Mindel & Associates, will join the Indiana Worker’s Compensation Board. Her term expires Jan. 1, 2023. Other board appointments: Governor’s Council for People with Disabilities Terms expiring April […]
State says 2018 was record year for small business growth in Indiana
Indiana officials say 2018 was a record year for small business growth in the state. The Indiana Small Business Development Center and Indiana Procurement Technical Assistance Center helped launch 318 small businesses and secure $86.3 million in government contracts for Indiana businesses, respectively, in 2018, according to the state. Together, the Indiana SBDC and Indiana […]
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