MERRILLVILLE – Centier Bank has announced net income in the first quarter of $5.7 million, up from $2.8 million one year ago. The bank reported $2.15 billion in assets, up 4.4 percent from last year. Centier also announced $2 million was set aside in the first quarter to cover loan losses, compared with $6 million […]
HAMMOND – Firestone Building Products has named Korellis Roofing Inc. of Hammond as the 2012 winner of its Master Contractor Award. Korellis ranks among the top 256 commercial roofing contractors of more than 3,000 licensed by Firestone. In addition, Korellis is among 170 to receive Firestone’s Inner Circle of Quality Award.
BURNS HARBOR – Arcelor Mittal has completed a $60 million upgrade of its 160-inch plate mill at Burns Harbor. The new heat-treat line will help make the mill a leader in steel production, said John Mengel, chief operating officer. With the upgrade, steel can be produced quicker and with higher quality, said Mengel. The project
CROWN POINT – St. Clare Health Clinic is seeking donations of nonperishable food items, paper goods, including toilet paper; laundry detergent and personal care products such as deodorant, shampoo and soap; for its food pantry. The stocks at the pantry are nearly depleted because of increase demand. The clinic, which is operated by Franciscan St.
SOUTH BEND – The Ultrasound Practice Accreditation Council of the American Institute of Ultrasound in Medicine has announced that the ultrasound practice of Memorial Maternal Fetal Medicine has been re-accredited. All facets of Memorial’s practice were assessed, including the training and qualification of physicians and sonographers; equipment maintenance documentation, storage and record keeping practices; policies
LAPORTE – Indiana University Health LaPorte and Starke hospitals will hold a Day of Service Friday, May 18, to build 25 frames for 25 homes being built by Habitat for Humanity. Work will be from 1 to 5 p.m. at Starke Hospital and from 7 a.m. to 11 a.m. at the parking lot near Meridian
MUNSTER – Peoples Bank reported first quarter net income of $1.4 million, up 15.5 percent from $1.2 million one year ago. Earnings were 48 cents per share, up from 41 cents last year. While net income was down to $5.9 million, income from fees and services rose to $1.6 million. Peoples has $668.5 million in
MICHIGAN CITY – Horizon Bancorp, the parent company for Horizon Bank, announced a record quarterly profit of $4.6 million, up 79 percent from one year ago. President and CEO Craig Dwight said the bank had $988.6 million in loans at the end of March, up from $179 million the previous year. Dwight said Horizon purchased
SOUTH BEND – 1st Source Corp. has announced that its first quarter income was $11.72 million, up by more than 10 percent from $10.61 million one year ago. Chairman and CEO Christopher Murphy said that expenses were down in the quarter while loan loss provisions for unchanged for the quarter. He said 1st Source Bank’s
HUNTSVILLE, Ala. – A team of Purdue University Calumet engineering students placed third in the College Division of the recent international NASA Great Moonbuggy Race. Benjamin Moul of Hart, Mich., and Maria Frebis of Murfreesboro, Tenn., drove Purdue Calumet’s buggy, completing the course in four minutes and 32 second. A team from the University of
