Peoples Bank earnings unchanged

MUNSTER – NorthWest Indiana Bancorp, the parent company for Peoples Bank in Munster, has announced second quarter financial results were virtually the same as results from one year ago. Net income in the quarter was $1.6 million, down from $1.7 million last year. For the first half of the year, net income was up $3 […]

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CN scales back Kirk Yard expansion

GARY – The expansion of the Kirk Yard in Gary has been scaled back by Canadian National Railway Co. Originally planned as a $165 million project that would provide 251 jobs, the project now will be $141 million and create 119 new jobs. Canadian National had planned to move is locomotive repair facility from Illinois

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Supervalu puts Jewel-Osco up for sale

EDEN PRAIRIE, Minn. – Supervalu, the parent company for Jewel-Osco, has announced that it has put the grocery and drug store chain up for sale. The announcement came a day after Supervalu reported its first quarter earnings fell 45 percent. In addition to Jewel-Osco, the company also owns Albertsons, Acme, Cub, Shaw’s, Save-a-Lot and Shop

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Indiana Venture Club hosts IVDiagnostics

INDIANAPOLIS – IVDiagnostics of Valparaiso was an invited exhibitor at the fourth annual Innovation Showcase hosted by the Indiana Venture Club. IVDiagnostics is a biomedical diagnostic company focused on diagnostic tests for blood-borne and other diseases. The company was represented at the show by Tom Szczepanski, director of marketing, and Hui Chen, research scientist. The

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Powers & Sons a top black-owned business

GARY – Powers & Sons Construction Co. of Gary has been named one of the nation’s largest black-owned businesses by Black Enterprise magazine. The publication announced its 40th annual list of the nation’s largest black-owned companies. In all, 230 companies were included in seven categories. Powers & Sons was ranked 70th in the Industrial/Service Companies

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