July 23, 2014 at 2:10 p.m.
Holiday Inn Express opens (08/02/2008)
Business roundup
The new Holiday Inn Express and Suites has opened its doors in Portland.
"We actually have quite a few bookings tonight for the fair," owner Scott Daniels said Friday afternoon.
A formal grand opening event will be scheduled in September for the 73-room hotel on West Votaw Street, Daniels said.
Eighteen of the 73 rooms are suites, including suites that are fully handicapped accessible in compliance with the Americans With Disabilities Act and suites with whirlpool baths.
The three-story hotel, which incorporates a number of "green technology" aspects, also features a full-size indoor pool, a conference room with seating for 47, a fitness center, a coin laundry, and a business center. It has both wireless and wired Internet access.
The entire facility is non-smoking.
Daniels said the hotel has 15 to 20 employees currently. "They've worked their tails off to get it ready," he said.
He noted that this will be one of the first hotels to use the new Holiday Inn Express and Suites logo.
"That's why we don't have our new sign yet," Daniels said. "Next week the new sign will go up with the new logo."
Another new aspect of the hotel will be that the traditional Holiday Inn Express breakfast bar will include a hot breakfast option.
Two outlots south of the building which front on Votaw are still for sale for future development. Daniels said those will be graded and seeded in grass in the short term.
Future plans call for an adjoining banquet facility to be built east of the new building.
Tyson attacks ethanol
A Tyson Food Inc. executive attacked the ethanol industry, stating the upcoming industry is hurting livestock business.
Chief Executive Dick Bond was quoted in the Wall Street Journal last Friday that "Diverting corn to make ethanol doesn't make sense." Bond claimed that the increased cost to obtain feed materials for animals is squeezing meat producers.
If that is the case, the numbers aren't reflecting that assertion yet.
The foods distributor boasted a $231 million gain, about 3.5 percent up from last year in third quarter sales. Total third quarter sales were $6.8 billion for the major food producer.
The third quarter sales figures did reflect a slight disturbance in the chicken side of Tyson.
A press release from Tyson cited rising food costs as the likely culprit.
A Tyson facility and ethanol plant are both in operation in Portland.
Earnings dip
A local bank saw slightly decreased earning in the second quarter.
Old National Bancorp reported Monday a 1 percent dip in earnings, down about $70,000 down from 2007.
The Evansville-based bank maintains a branch on North Meridian street in Portland.
Honda breaks record
Hondoa Motor Co., Ltd. set new an all-time record for production within the first half of the year.
The company increased production numbers for the 12th straight year outside of Japan. The company also increased production for the 10th straight year and set a new record for worldwide production.
Honda is the primary customer of FCC (Indiana)'s Portland plant.
CVS fundraises
CVS/pharmacy put up a record-breaking fundraiser in the fight against a degenerative disease.
The pharmacy raised $4.4 million dollars to donate for ALS, commonly known as Lou Gehrig's disease, research. The company will donate the funds to ALS Therapy Alliance.
Diversity donation
Walgreens is supporting a new initiative to attract minority students to pharmacy careers by donating to a selection of U.S. colleges.
The company will donate $10,000 to 111 colleges of pharmacy across the nation to boost minority numbers. Only 12 percent of pharmacy students are minorities.
Million raised
A local housewares dealer has raised $1 million to donate for cancer research.
Terry and Myra Farling of Home and Garden Party in Ridgeville, put together a campaign and gathered $1 million for the American Cancer Society. By asking people to add a dollar or more to their purchases, the fundraiser was able to reach the goal.
Doctor recognized
A Portland doctor was elected as a Fellow of the American College of Physician.
Dr. Joni Miller was recognized by the society of internists for her work in the field. Miller maintains an office in Portland and if affiliated with Ball Memorial Hospital.
Profits surge
Bluffton-based Franklin Electric said this week its net income more than doubled in the second quarter, when compared with the same period a year ago.
Second quarter net income was $15.3 million, and net income was $6.6 million.
Foreign sales were cited as a factor in the improved results.[[In-content Ad]]
"We actually have quite a few bookings tonight for the fair," owner Scott Daniels said Friday afternoon.
A formal grand opening event will be scheduled in September for the 73-room hotel on West Votaw Street, Daniels said.
Eighteen of the 73 rooms are suites, including suites that are fully handicapped accessible in compliance with the Americans With Disabilities Act and suites with whirlpool baths.
The three-story hotel, which incorporates a number of "green technology" aspects, also features a full-size indoor pool, a conference room with seating for 47, a fitness center, a coin laundry, and a business center. It has both wireless and wired Internet access.
The entire facility is non-smoking.
Daniels said the hotel has 15 to 20 employees currently. "They've worked their tails off to get it ready," he said.
He noted that this will be one of the first hotels to use the new Holiday Inn Express and Suites logo.
"That's why we don't have our new sign yet," Daniels said. "Next week the new sign will go up with the new logo."
Another new aspect of the hotel will be that the traditional Holiday Inn Express breakfast bar will include a hot breakfast option.
Two outlots south of the building which front on Votaw are still for sale for future development. Daniels said those will be graded and seeded in grass in the short term.
Future plans call for an adjoining banquet facility to be built east of the new building.
Tyson attacks ethanol
A Tyson Food Inc. executive attacked the ethanol industry, stating the upcoming industry is hurting livestock business.
Chief Executive Dick Bond was quoted in the Wall Street Journal last Friday that "Diverting corn to make ethanol doesn't make sense." Bond claimed that the increased cost to obtain feed materials for animals is squeezing meat producers.
If that is the case, the numbers aren't reflecting that assertion yet.
The foods distributor boasted a $231 million gain, about 3.5 percent up from last year in third quarter sales. Total third quarter sales were $6.8 billion for the major food producer.
The third quarter sales figures did reflect a slight disturbance in the chicken side of Tyson.
A press release from Tyson cited rising food costs as the likely culprit.
A Tyson facility and ethanol plant are both in operation in Portland.
Earnings dip
A local bank saw slightly decreased earning in the second quarter.
Old National Bancorp reported Monday a 1 percent dip in earnings, down about $70,000 down from 2007.
The Evansville-based bank maintains a branch on North Meridian street in Portland.
Honda breaks record
Hondoa Motor Co., Ltd. set new an all-time record for production within the first half of the year.
The company increased production numbers for the 12th straight year outside of Japan. The company also increased production for the 10th straight year and set a new record for worldwide production.
Honda is the primary customer of FCC (Indiana)'s Portland plant.
CVS fundraises
CVS/pharmacy put up a record-breaking fundraiser in the fight against a degenerative disease.
The pharmacy raised $4.4 million dollars to donate for ALS, commonly known as Lou Gehrig's disease, research. The company will donate the funds to ALS Therapy Alliance.
Diversity donation
Walgreens is supporting a new initiative to attract minority students to pharmacy careers by donating to a selection of U.S. colleges.
The company will donate $10,000 to 111 colleges of pharmacy across the nation to boost minority numbers. Only 12 percent of pharmacy students are minorities.
Million raised
A local housewares dealer has raised $1 million to donate for cancer research.
Terry and Myra Farling of Home and Garden Party in Ridgeville, put together a campaign and gathered $1 million for the American Cancer Society. By asking people to add a dollar or more to their purchases, the fundraiser was able to reach the goal.
Doctor recognized
A Portland doctor was elected as a Fellow of the American College of Physician.
Dr. Joni Miller was recognized by the society of internists for her work in the field. Miller maintains an office in Portland and if affiliated with Ball Memorial Hospital.
Profits surge
Bluffton-based Franklin Electric said this week its net income more than doubled in the second quarter, when compared with the same period a year ago.
Second quarter net income was $15.3 million, and net income was $6.6 million.
Foreign sales were cited as a factor in the improved results.[[In-content Ad]]
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