ELKHART – The Elkhart-based company Patrick Industries Inc. (Nasdaq: PATK) is reporting second quarter 2016 net income of $16.7 million, which is up from $12.1 million during the same quarter last year. Chief Executive Officer Todd Cleveland says the 38 percent increase reflects positive momentum at both the wholesale and retail levels. Cleveland says the impact of recent […]
MUNCIE and MICHIGAN CITY – Two Indiana banks are reporting record profits for the second quarter. Muncie-based First Merchants Corp. (Nasdaq: FRME) is reporting net income of $20 million, compared to $18 million in the same quarter last year. Michigan City-based Horizon Bancorp (Nasdaq: HBNC) is reporting net income of $6.3 million, up from $4.7 million
Noteworthy News Bits from Around the Region by Michelle M. Searer BUSINESS ORGANIZATIONS Donald J. Rapley, president and general manager of Ozinga’s Indiana region, has been named the president of the Indiana Ready Mixed Concrete Association (IRMCA). The non-profit organization is dedicated to expanding the use of ready mix concrete via education, training, promotion and
Institutions have a significant impact on the region– and the area’s students. by Laurie Wink Students who invest in college degrees generally get higher paying jobs and earn more over a lifetime than those without degrees. So, while much has been said about escalating costs of higher education, the overall return on investment ROI of
Officials look to landmark birthdays to ignite tourism industry. by Lesly Bailey Let the celebrations begin! Officials are looking to milestone anniversaries to further spark the tourism industry, ignite local residents’ interest and build momentum for years to come. The big blowout is the state of Indiana’s bicentennial, which includes bison and a torch relay,
Enterprising women at the helm. Advice from women leaders who cleared the glass ceiling. by Jerry Davich Lynne Rehmel’s career wheels first hit the road 35 years ago. She has been involved in every aspect of the transportation business, from customer service and sales to safety director, terminal supervisor and operations manager. “As a new
Trying to make the world a better place, in the workplace and in public service. by Laurie Wink In our highly competitive, hurry-up world, we face a continuous barrage of TV news, social media blasts and viral videos with freely shared opinions that can spark conflicts. In response to growing evidence of bad behavior, some
An update on arts and entertainment options and things to do and see across the region. Northwest Indiana by John Cain Michigan City’s Lubeznik Center for the Arts is giving its annual outdoor festival, now in its 35th year, a new name (Lubeznik Art & Artisan Festival) and a refreshing new twist this year, giving
