VALPARAISO – Sherry Desrosiers has been named trust administrator in the personal asset management group at 1st Source Bank in Valparaiso. She has 20 years of experience and most recently was vice president and executive director of the St. Mary’s Foundation in Saginaw, Mich. Previously, she was market executive for Citizens Bank. Desrosiers is a […]
HOBART – Three new upscale businesses have announced plans to locate at Southlake Mall. Cooper’s Hawk Winery Restaurant will open in the summer in the former Ruby Tuesday location inside the mall. The restaurant will employ 125 people. The restaurant is based in Countryside, Ill. Akira Boutique will open this spring. The high-end fashion store
MISHAWAKA – Whole Foods of Austin, Texas, has announced it will open a store in the former Borders book store in Mishawaka. The store is expected to open in the fall and will employ 100 people. The company plans $5 million in renovations to the 24,000-square-foot building in the Princess City Plaza at Grape and
VALPARAISO – 1st Source Bank has donated $25,000 to the Valparaiso Family YMCA for its Promises Kept capital campaign. Bob Ax, 1st Source regional president, and Gloria McKown, 1st Source Valparaiso market manager, presented the donation to Bob Wanek, CEO of the YMCA, and Joe Ubben, a YMCA board member. “We appreciate the positive impact
HIGHLAND – Prompt Ambulance Service of Highland has acquired the three Indiana locations of Keeney Ambulance and Transport Service. The acquisition price was not announced. Prompt acquired the operations in Rensselaer, Lafayette and Frankfort. Prompt said it plans to retain all 70 of Keeney’s employees. The acquisition puts Prompt into new areas in the state.
MUNSTER – Citizens Financial Bank reported a loss of $12.6 million in the fourth quarter, compared to net income of $918,000 a year ago. The loss was blamed on a write-down of problem assets due to lower property values. President and CEO Daryl Pomranke said the bank is moving to reduce costs in 2012, including
Innovation and entrepreneurship in the land of the RV. by Bob Kronemyer While many areas of the country remain mired in economic distress, Elkhart County has become a beacon of light for a manufacturing turnaround. A historic entrepreneurial spirit, a stellar workforce, industry consolidation and an increasingly diverse manufacturing base have all contributed to the
SOUTH BEND – A $14 million upgrade of the terminal at South Bend Regional Airport has been completed. The project took 27 months to complete, said John Schalliol, executive director of the airport. While he said the project won’t likely attract new airlines to the airport, he said the goal was to attract more passengers.
