PORTAGE – The Northwest Indiana Economic Development District board meets at 9:30 a.m. Friday, Aug. 17, to discuss projects to be included in the Comprehensive Economic Development Strategy. The meeting will be at the NIRPC/Forum Office, 6100 Southport Road. The Northwest Indiana Economic Development District board is a not-for-profit organization that works to obtain grant […]
MERRILLVILLE – Centier Bank has announced its net income for the second quarter was $5.4 million, up from $2.7 million last year. The bank said the increase was because of improved loan delinquencies and lower loan losses. Centier has $2.16 billion in assets at the close of business on June 30, with $1.7 billion of
PITTSBURGH – U.S. Steel reported earnings of $101 million in the second quarter, down from $222 million one year ago. While the company reported a profit, it said earnings fell because of challenging economic conditions. The company reported its steel shipments were down 1 percent from a year ago, with shipments remaining flat to customers
MERRILLVILLE – NiSource Inc. has announced second quarter earnings were up 73 percent. As a result, the parent company for NIPSCO, reported a profit of $69.4 million, up from $40.2 million one year ago. Earnings per share were 25 cents in the quarter, up from 14 cents in the same quarter one year ago. NiSource
WHITING – The next phase of construction at the BP refinery in Whiting is expected to be completed by the end of 2013. To complete the project, BP said it will shut down part of the refinery in the fourth quarter of this year to reconfigure three of the crude units. At the same time,
GRANGER – Gates Automotive Group has broken ground for a used-car dealership and full-service center on Indiana 23. The 30,000-square-foot facility will have 30 employees and room to display 72 cars. Work on the dealership is expected to be finished in early 2013 Matt Helkamp, president and CEO of Gates Chevy World in Mishawka, said
DYER – Hoosier Daddy BBQ Sauce, made in Dyer, has been included on the menu for events at Soldier Field in Chicago, including home football games for the Chicago Bears, for the next three seasons. Owner Kim Foy said it will be used on Soldier Field’s brisket, pulled pork and other food offerings. The company
MICHIGAN CITY – Rick Soria has been named vice chancellor and dean of the Michigan City campus of Ivy Tech Community College Northwest. Soria is an accredited mortician and a law school graduate of Valparaiso University. He joined Ivy Tech in 2002 and created the first mortuary science program. “We did a nationwide search and
Across the region, thousands of businesses have a woman at the helm. by Rick A. Richards Surviving in business is tough no matter who you are. Toss in a sluggish economy, political uncertainty and a legislative landscape that could include higher taxes and it’s a wonder anyone would want to take on the challenge. Now,
Our annual roundup of answers to business law queries. by Michael Puente Summer is the time for beaches, backyard barbeques and just having fun. But it’s also a time for Hoosiers to adjust to new laws passed by the Indiana General Assembly back in the spring. Indiana has a host of new laws – namely
