July 23, 2014 at 2:10 p.m.
Chamber looks for help
Business roundup
The Jay County Chamber of Commerce is looking for local businesses to support to second annual “Shop Jay County First” day Feb. 28.
Local businesses can submit a 30-second commercial that will be read live on air on WPGW 100.9 FM during the event. The commercial will be read several times depending on the sponsorship package purchased.
Packages include three commercials for $51, six for $96 or nine for $135. Businesses can also choose to be an hourly sponsor, which guarantees at least eight runs in the hour. Contact the chamber at (260) 726-4481.
Plant closing
A factory making plastic car door handles in Hartford City will close this year, putting more than 200 people out of work.
Northville, Mich.-based Key Plastics LLC said Thursday it will move work from its plant here to other North American factories. The Star-Press of Muncie says the closing is expected by August.
The 17-year-old plant employs 184 people full-time and 30 others part-time, making it Blackford County’s third largest employer. In July, Key said it would invest $1.2 million in new equipment at Hartford City plant and hire 24 people.
Blackford County Economic Development Corporation Executive Director Rob Cleveland says the closing will likely be the community’s biggest economic loss since an Overhead Door factory closed in 2000, costing Hartford City 200 jobs.
New lender
First Bank of Berne announced that Ben Freeman, commercial lender, will join the staff at the Portland branch.
Freeman, a 2005 graduate of Jay County High School, holds a business administration degree from Ohio Northern University and completed the Indiana Bankers Association commercial lending course.
He had worked at the Bluffton branch of First Bank of Berne since July 2009.
New associate
John M. Stevens recently joined the John H. Brooke law firm, Muncie, as a new associate.
Stevens holds a law degree from Temple University Beasley School of Law and a bachelor’s degree in political science from Gustavus Adolphus College. He previous worked in the Buena Vista County Attorney’s Office, Storm Lake, Iowa.
Bank performance
Park National Corporation reported fourth quarter and year-end financial results recently.
The company announced a fourth-quarter income of $12.7 million, up from $12.3 million in the same quarter in 2009. The company finished with a net income of $74.2 million, the same amount as in 2009.
Park National also declared a quarterly dividend of 94 cents per common share, payable March 10.
Enterprise zone
The Fort Recovery Council passed a resolution Jan. 17 establishing an enterprise zone agreement with J&M Manufacturing.
The company plans to build a 142,000 square-foot building, creating 10 jobs over the next three years. J&M was asking for a 10-year, 100 percent tax abatement on real property.
Construction on the building is expected to begin in February and should be completed by the end of the year.
Fort Recovery will also be asking Mercer County for funding aid to extend water lines to the site.
More subscribers
Verizon Communications Inc. announced that new smart-phone subscriptions outpaced estimates in the fourth quarter.
Verizon added about 872,000 new contract-subscribers, above the estimate of 650,000. The company will also begin offering the Apple iPhone for the first time in February.
The company reported a net income of $2.64 billion for the final quarter of 2010. That up about $617 million from the same quarter in 2009.
Createc purchased
Createc Corporation has recently been acquired by Protexic Brands, a unit of Tegrant Corporation.
Createc, which is headquartered in Indianapolis and operates four locations including one in Portland, manufactures custom molded foam products.
Tegrant Corporation provides engineered packaging solutions in North America and employs about 1,900 workers in 28 facilities in the U.S., Mexico and Ireland.
Attended
District 4 Jay County councilman Mike Rockwell attended the Association of Indiana Counties’ newly elected officials seminar Jan. 22 in Indianapolis.
More than 200 elected officials attended several seminars regarding Open Door Law and access to public records, an overview of the Department of Local Government Finance, tax assessment, revenue sources and debt financing, purchasing and public bidding, employee/employer issues, an overview of the State Board of Accounts and county budgeting.[[In-content Ad]]
Local businesses can submit a 30-second commercial that will be read live on air on WPGW 100.9 FM during the event. The commercial will be read several times depending on the sponsorship package purchased.
Packages include three commercials for $51, six for $96 or nine for $135. Businesses can also choose to be an hourly sponsor, which guarantees at least eight runs in the hour. Contact the chamber at (260) 726-4481.
Plant closing
A factory making plastic car door handles in Hartford City will close this year, putting more than 200 people out of work.
Northville, Mich.-based Key Plastics LLC said Thursday it will move work from its plant here to other North American factories. The Star-Press of Muncie says the closing is expected by August.
The 17-year-old plant employs 184 people full-time and 30 others part-time, making it Blackford County’s third largest employer. In July, Key said it would invest $1.2 million in new equipment at Hartford City plant and hire 24 people.
Blackford County Economic Development Corporation Executive Director Rob Cleveland says the closing will likely be the community’s biggest economic loss since an Overhead Door factory closed in 2000, costing Hartford City 200 jobs.
New lender
First Bank of Berne announced that Ben Freeman, commercial lender, will join the staff at the Portland branch.
Freeman, a 2005 graduate of Jay County High School, holds a business administration degree from Ohio Northern University and completed the Indiana Bankers Association commercial lending course.
He had worked at the Bluffton branch of First Bank of Berne since July 2009.
New associate
John M. Stevens recently joined the John H. Brooke law firm, Muncie, as a new associate.
Stevens holds a law degree from Temple University Beasley School of Law and a bachelor’s degree in political science from Gustavus Adolphus College. He previous worked in the Buena Vista County Attorney’s Office, Storm Lake, Iowa.
Bank performance
Park National Corporation reported fourth quarter and year-end financial results recently.
The company announced a fourth-quarter income of $12.7 million, up from $12.3 million in the same quarter in 2009. The company finished with a net income of $74.2 million, the same amount as in 2009.
Park National also declared a quarterly dividend of 94 cents per common share, payable March 10.
Enterprise zone
The Fort Recovery Council passed a resolution Jan. 17 establishing an enterprise zone agreement with J&M Manufacturing.
The company plans to build a 142,000 square-foot building, creating 10 jobs over the next three years. J&M was asking for a 10-year, 100 percent tax abatement on real property.
Construction on the building is expected to begin in February and should be completed by the end of the year.
Fort Recovery will also be asking Mercer County for funding aid to extend water lines to the site.
More subscribers
Verizon Communications Inc. announced that new smart-phone subscriptions outpaced estimates in the fourth quarter.
Verizon added about 872,000 new contract-subscribers, above the estimate of 650,000. The company will also begin offering the Apple iPhone for the first time in February.
The company reported a net income of $2.64 billion for the final quarter of 2010. That up about $617 million from the same quarter in 2009.
Createc purchased
Createc Corporation has recently been acquired by Protexic Brands, a unit of Tegrant Corporation.
Createc, which is headquartered in Indianapolis and operates four locations including one in Portland, manufactures custom molded foam products.
Tegrant Corporation provides engineered packaging solutions in North America and employs about 1,900 workers in 28 facilities in the U.S., Mexico and Ireland.
Attended
District 4 Jay County councilman Mike Rockwell attended the Association of Indiana Counties’ newly elected officials seminar Jan. 22 in Indianapolis.
More than 200 elected officials attended several seminars regarding Open Door Law and access to public records, an overview of the Department of Local Government Finance, tax assessment, revenue sources and debt financing, purchasing and public bidding, employee/employer issues, an overview of the State Board of Accounts and county budgeting.[[In-content Ad]]
Top Stories
9/11 NEVER FORGET Mobile Exhibit
Chartwells marketing
September 17, 2024 7:36 a.m.
Events
November
To Submit an Event Sign in first
Today's Events
No calendar events have been scheduled for today.
250 X 250 AD