SOUTH BEND – AM General has announced that the U.S. Army has picked up an option for a second year of production for the Humvee. The deal is with worth $195 million. The contract modifies an existing contract to provide 808 Humvees and 744 armored enclosures for use in Afghanistan. The work is to be […]
MERRILLVILLE – NiSource, the parent company for Northern Indiana Public Service Co., has announced the appointment of Sigmund Cornelius to its board of directors. Cornelius is the former chief financial officer at ConocoPhillips. He replaces Dennis Foster, who chose not to stand for re-election because of e-mail he had sent to David Hardy, the former
BRUSSELS – ArcelorMittal has announced its second quarter profits fell 11 percent to $1.54 billion, compared to $1.71 billion one year ago. Sales were up 25 percent to $25.13 billion from one year ago. Lakshmi N. Mittal, chief executive officer, said that even with an expected seasonal downturn in the third quarter, “We do not
LONDON – BP, which operates a massive refinery in Whiting, has announced a net second quarter profit of $5.6 billion, down 11 percent from pre-Gulf oil spill levels. One year ago, BP announced a loss of $17.2 billion. Earnings one year ago also included a $32 billion charge associated with clean up in the Gulf
SOUTH BEND – Reins of Life, a therapeutic riding stable with locations in South Bend and Michigan City, will hold a Summer Get-Together from 1 to 3 p.m. (EST) Sunday, Aug. 7, at its South Bend location, 55200 Quince Road. There will be music, games, food and hayrides. Music will be provided by The Van
Northwest Indiana emerging as a great place to turn research into products. by Rick A. Richards The buckle of the nation’s industrial belt is firmly cinched in Northwest Indiana. Steel and its affiliated suppliers and businesses have been a part of the region’s landscape for generations. And just a few miles south, Indiana’s cornbelt begins.
LAPORTE – Indiana University Health LaPorte Hospital will offer a Spanish/English Medical Interpreters Course from 8 a.m. to 4:30 p.m. on Saturdays, from Aug. 27 to Oct. 22. The class, designed for people interested in becoming a professional Spanish-English medical interpreter, will be held in Room B113 in the lower level of the hospital. The
SOUTH BEND – 1st Source Corp., the parent company of 1st Source Bank, announced net income of $14.87 million for the second quarter of 2011, an increase of 90.7 percent from one year ago. For the first six months of the year, net income was $25.47 million, up 45.78 percent from 2010. “I am quite
VALPARAISO – Triple Crown Baseball in Valparaiso will double its size by acquiring nearby property. The facility at 2902 Cascade Drive will add 5,000 square feet in time for the October indoor season. Co-owner Kari Fryar Ritthalter said the expansion will allow the business to remodel more of its existing warehouse space, where the baseball
SOUTH BEND – Jeff Dougherty has been named Memorial Health Foundation’s director of major gifts. He worked for four years as a corporate giving officer at Cincinnati Children’s Hospital Medical Center, where he oversaw corporate sponsorships and coordinated the hospital’s fundraising efforts with the Children’s Miracle Network.
