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. […]
Prompt acquires Kenney Ambulance locations Read More »
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
Citizens reports fourth quarter loss Read More »
SOUTH BEND – The South Bend Silver Hawks minor league baseball team has announced it will have promotions at more than 70 homes games this year with special observances for children, mothers, cancer survivors, military men and women and more. One major event will recur throughout the season Flat Screen Friday will have the Silver
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MICHIGAN CITY – Horizon Bancorp, the parent company for Horizon Bank in Michigan City, has acquired Heartland Bancshares Inc. in Franklin. It operates Heartland Community Bank. The agreement calls for Horizon to issue 0.54 shares of common stock for each share of Heartland common stock. Horizon’s price per share is $18 and Heartlands was $9.72.
Horizon acquires bank in Franklin, Ind. Read More »
VALPARAISO – The vacant Task Force Tips building in Evans Avenue will soon be home to Paul Wurth Inc., which is moving its operation and 13 employees from Portage. Paul Wurth is based in Luxembourg and designs facilities for the steel industry around the world. It also services equipment in area mills. The company opened
Paul Wurth Inc. to move to Valparaiso Read More »
VALPARAISO – Valparaiso University will build a 15,000-square-foot welcome center near its U.S. 30 entrance, thanks to a $5 million gift from an anonymous donor. President Mark Heckler said the center will include historic displays from the university. He said it will be a place where the community and potential students can visit to learn
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MUNSTER – NorthWest Indiana Bancorp, the parent company for Peoples Bank, has announced a 4 percent increase in earnings for 2011. Yearly profit was $5.4 million, said David Bochnowski, chairman and CEO. In the fourth quarter, Peoples posted net income of $1.4 million, up 24 percent on 2010. The bank announced assets of $651.7 million
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SOUTH BEND – Gibson Insurance Group’s annual Healthcare Summit will be held from 8 to 11:45 a.m. on March 13 at the Century Center in downtown South Bend. The Human Capital Summit will focus on engaging employees. Speakers include Bart Halling, vice president of consumer solutions at United Healthcare; Deb Geihsler, principal at Activate Health;
Gibson hosts healthcare summit March 13 Read More »
VALPARAISO – Chester Inc. Architectural & Construction Services has broken ground on a $17 million forging facility for Modern Drop Forge Co. in Merrillville. The project encompasses 40 acres and includes a 230,000 square foot building for production and distribution of high-quality, closed die forging products. Completion is scheduled for December. In addition, Chester has
Chester Inc. starts work on two projects Read More »
MICHIGAN CITY – Morse & Company Advertising Communications Inc. has added two people to its staff. Brian Daley, who has 10 years of sales experience, will be account executive for Morse & Co. and its online magazine, TheBeachCoast.com. Zac Neulieb will be interactive director for Morse & Co. and the online magazine. He is a
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