MERRILLVILLE – NiSource Inc., the parent company for Northern Indiana Public Service Co., posted a second quarter profit of $39.5 million. The company said it posted gains in its natural gas distribution, transportation and storage units and in its electric segment. The second quarter profit was up from $28.1 million one year ago. Revenue in […]
CROWN POINT – The Franciscan Alliance announced it will hold a series of free bariatric information programs at its three Northwest Indiana hospitals. People interested in surgical weight loss can obtain information on the procedure at programs set for Dyer, Crown Point and Michigan City. Franciscan St. Margaret Health-Dyer will hold a program in the
SOUTH BEND – Memorial Health Discovery Center and Spirit of Women are sponsoring a free lecture series on Alzheimer’s disease and dementia. Barbara J. Dzikowski, program director for the Alzheimer’s & Dementia Services of Northern Indiana, said Alzheimer’s is the sixth leading cause of death in the U.S. She said Alzheimer’s and dementia are likely
PORTAGE – Fronius International, which recently announced plans for a 400,000 square foot operation at Ameriplex at the Port, may soon move its U.S. headquarters to Portage. A proposal to do that was presented to the Portage Plan Commission on Aug. 1. The move could bring 512 jobs to the city by 2016. Fronius, based
VALPARAISO – Valparaiso University will host CNBC commentator Andy Friedman in a program at the Harre Union at 6:30 p.m. on Thursday, Sept. 1. Friedman is a regular on the program, “Squawk Box.” Friedman will talk about the investment strategy in today’s changing political landscape. Also on the program is Sean Mason, regional vice president
SCHERERVILLE – Quintel Inc. of Schererville has announced construction of an 8,400-square-foot addition to its operation on Gatlin road. The company reconditions and repairs heat exchanges. Co-owner Dave Lindlow said the business began as Lindlow and Associate in 1992. The company has 15 employees, but that number could increase once the addition is completed this
CROWN POINT – Lake Superior Court Judge John Pera has issued a foreclosure order for $3.66 million against White Hawk Country Club. The golf course and clubhouse is scheduled for a sheriff’s sale on Oct. 7. Owner Paul Switzer said he is trying to work out a new financial package with First Midwest Bank. The
MICHIGAN CITY – Horizon Bancorp, the parent company of Horizon Bank of Michigan City, has announced a second quarter profit of $3.1 million, up from $2.5 million one year ago. Craig Dwight, president and CEO, said the profit in the first six months of the year was the highest in the bank’s history. At the
GRIFFITH – United Federal Credit Union of St. Joseph, Mich., has acquired Griffith Savings Bank’s assets, including its deposits and liabilities valued at $81 million. Griffith Savings will retain some assets to fund employee benefit plans, which will not be taken over by United Federal. The deal is expected to be completed in the third
MUNSTER – CFS Bancorp Inc., the parent company for Citizens Financial Bank, has announced net second quarter income of $1.2 million, up from $981,000 one year ago. Per share earnings rose from 9 cents last year to 11 cents. Chairman and CEO Thomas Prisby said the bank is well on its way to diversifying its
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