PORTAGE – Fronius International, which recently announced plans for a 400,000 square foot operation at Ameriplex at the Port, may soon move its U.S. headquarters to Portage. A proposal to do that was presented to the Portage Plan Commission on Aug. 1. The move could bring 512 jobs to the city by 2016. Fronius, based […]
VALPARAISO – Valparaiso University will host CNBC commentator Andy Friedman in a program at the Harre Union at 6:30 p.m. on Thursday, Sept. 1. Friedman is a regular on the program, “Squawk Box.” Friedman will talk about the investment strategy in today’s changing political landscape. Also on the program is Sean Mason, regional vice president
SCHERERVILLE – Quintel Inc. of Schererville has announced construction of an 8,400-square-foot addition to its operation on Gatlin road. The company reconditions and repairs heat exchanges. Co-owner Dave Lindlow said the business began as Lindlow and Associate in 1992. The company has 15 employees, but that number could increase once the addition is completed this
CROWN POINT – Lake Superior Court Judge John Pera has issued a foreclosure order for $3.66 million against White Hawk Country Club. The golf course and clubhouse is scheduled for a sheriff’s sale on Oct. 7. Owner Paul Switzer said he is trying to work out a new financial package with First Midwest Bank. The
MICHIGAN CITY – Horizon Bancorp, the parent company of Horizon Bank of Michigan City, has announced a second quarter profit of $3.1 million, up from $2.5 million one year ago. Craig Dwight, president and CEO, said the profit in the first six months of the year was the highest in the bank’s history. At the
GRIFFITH – United Federal Credit Union of St. Joseph, Mich., has acquired Griffith Savings Bank’s assets, including its deposits and liabilities valued at $81 million. Griffith Savings will retain some assets to fund employee benefit plans, which will not be taken over by United Federal. The deal is expected to be completed in the third
MUNSTER – CFS Bancorp Inc., the parent company for Citizens Financial Bank, has announced net second quarter income of $1.2 million, up from $981,000 one year ago. Per share earnings rose from 9 cents last year to 11 cents. Chairman and CEO Thomas Prisby said the bank is well on its way to diversifying its
Citizens Financial Bank posts 2nd quarter profit Read More »
HOBART – WiseGuys Liquors is moving to 1413 S. Lake Park Ave., in Hobart, into the former Foremost Liquors location. WiseGuys, which already has a location in Merrillville, features 300 varieties of wines, 100 specialty beers and 200 brands of cold beer. General manager Dave Strickley said the Hobart location will open as soon as
GARY – Methodist Hospitals are working with the American Red Cross to encourage blood donation this summer. “Any disaster, man-made or natural, can result in people being injured and needing blood,” said Sharyn Whitman, CEO for the Indiana-Ohio Blood Services Region of the American Red Cross. “While people often join together to help after a
SOUTH BEND – CB Richard Ellis/Bradley and Real Estate Management Corp. have named Kyle Chamberlin a contract administration for the commercial real estate services and property management team. Most recently, Chamberlin was with Barnes & Thornburg LLP and the office of the Elkhart County Prosecuting Attorney. He will provide in-house legal counsel on contract law
