MUNSTER – Citizens Financial Services, which operates Citizens Financial Bank, has been acquired by First Merchants Corp. of Muncie, Ind. Shareholders of Citizens will receive .65 shares of First Merchants common stock for each share of Citizens stock. The deal is worth $115 million. The merged operation will have assets of more than $5 billion […]
INDIANAPOLIS – Kelly Schwedland has been named entrepreneur-in-residence for Northwest Indiana by Elevate Ventures. Schwedland has experience in manufacturing, information technology, financial, business services and other business sector and is responsible for advising clients and helping them to strengthen their operations. He is a graduate of Indiana University Kelley School of Business and received an
LAS VEGAS – Pinnacle Entertainment and Ameristar Casinos have received regulatory approval from the Nevada Gaming Commission to merge. Pinnacle owns seven casinos and a racetrack while Ameristar has eight casinos, including one in East Chicago. The deal is worth nearly $870 million. Pinnacle will take over operation of Ameristar operations in Nevada, Indiana, Missouri,
SOUTH BEND – The St. Joseph County Chamber of Commerce has announced details of its four-year, $3.75 million economic development strategic initiative, growSJC – Invest in Your Future, a campaign that will result in the creation of 2,000 new jobs and $250 million in new capital investment. The initiative will bolster the Chamber’s economic development
St. Joe Chamber announces $3.75 million campaign Read More »
SOUTH BEND – A 16-year employee of HRP Construction, Matt Cain is now a shareholder, becoming only the second employee within the organization to earn such a designation. Over the years, Cain has served HRP as a project coordinator and estimator/project manager prior to being promoted to his current position in 2007 as the firm’s
LAPORTE – Mayor Blair Milo has announced the addition of two environmentally friendly transit vehicles to the city’s TransPorte demand/response public transportation service. The new vehicles are powered by propane, a clean-burning fuel which will decrease tailpipe emissions resulting in fuel cost savings and reduced maintenance. For more information on the new 15-passenger transit vehicles
CHESTERTON – Physical fitness activities, music, fun and fashion will highlight Family Health/Cancer Awareness Day, sponsored by Franciscan Alliance to benefit the Foundation for Molecular Medicine, at Indiana Dunes State Park June 23. Teams are urged to enter to run, walk, bike or paddle to raise funds for cancer research. The event is open to
Franciscan Alliance sponsors Family Health/ Cancer Awareness Day at Indiana Dunes Read More »
SOUTH BEND – 1st Source Corp. has been named to the Keefe, Bruyette & Woods, Inc. (KBW) “Bank Honor Roll” of Superior Performers in recognition of the bank’s strong performance over the past ten years. 1st Source is one of 47 U.S. banks to be named to this esteemed list, and one of only 33
