RENSSELAER – ConAgra Foods is expanding its Orville Redenbacher microwave popcorn operation in Rensselaer. The company said it will invest $15.6 million over the next two year, creating an additional 24 jobs. Part of the expansion includes $175,000 in tax credits to ConAgra from the Indiana Economic Development Corp. Additionally, Rensselaer and the Jasper County […]
MICHIGAN CITY – Horizon Bancorp has announced fourth quarter income was up 23 percent compared to one year ago to $3.5 million. For the year, Horizon posted earnings of $12.8 million. “Achieving record assets and net income and concurrently growing loans and deposits and reducing Horizon’s loan loss provision in a recessionary economy was a
GARY – Ian McFadden, president and CEO of Methodist Hospitals, has been named Outstanding Chair by the Juvenile Diabetes Research Foundation for chairing the 2011 Northwest Indiana Walk to Cure Diabetes. More than 1,500 workers representing corporations, families, schools and other organizations took part in the 12th annual Walk to Cure Diabetes last October at
MERRILLVILLE – Business executives and nonprofit corporations can now partner with a new tenant in the Purdue Research Park of Northwest Indiana to receive scientific, data-driven research to create and achieve organizational goals. Saqui Research LLC was founded in 2007 by Ursula Saqui to help organizations reach their goals using research-based information. “We focus on
SOUTH BEND – The St. Vincent de Paul Society of St. Joseph County has named Anne Hosinski Watson as director of development. She is a graduate of the University of Notre Dame and served as assistant campaign director for the Marian High School Development Office in Mishawaka. She also has been involved in fundraising for
MUNSTER – Citizens Financial Bank has been named a Top Workplace for 2011 by the Chicago Tribune for the second consecutive year. Citizens was selected following an evaluation and survey by the bank’s 300 employees that looked at direction, conditions, career, execution, managers, pay and benefits. “We are once again proud and honored to have
HAMMOND – Purdue University Calumet closed 2011 with a 25 percent increase in contribution to its annual Lake Area United Way campaign. Faculty, staff and students generated $22,235.56 in pledges and gifts, including a record $1,648.14 from students. The campus committee was directed by Daniel Hendricks, vice chancellor for advancement; Ralph Rogers, vice chancellor for
by Rick A. Richards Northwest Indiana bankers say their business is different–a lot different–than a year ago. Banking has seen a lot of change, nearly all of it driven by legislative reform as a result of the mortgage meltdown that threw the nation’s economy into a tailspin. Not one region bank was involved in sub-prime
Banking on Change: New regulations bring higher costs, bankers claim Read More »
HAMMOND – A team of five Purdue University Calumet management students tied for the top ranking in a world-wide, online, simulated business competition involving 4,247 teams from 288 colleges and universities. Team members were Mary A. Gross of Valparaiso, Sarah Moen of Hobart, David Ramsey of Hammond, Aaron Schultz of St. John and Allauddin Abdulghani
WEST LAFAYETTE – Modified probiotics, the beneficial bacteria in digestive health, could one day decrease the risk of Listeria infection in people susceptible immune systems, according to Purdue University research. Researcher Arun Bhunia, Mary Anne Amalaradjou and Ok Kyung Koo, found that the same Listeria protein that allows bacteria to pass through intestinal cells and
