July 23, 2014 at 2:10 p.m.
Meeker named top tech analyst
Business Roundup
Mary Meeker’s star is shining bright again.
Meeker, a native of Portland, was known as queen of the Net in the late 1990s but was under fire after the tech stock bubble burst.
Now, Fortune magazine — in its current issue — has named her the smartest tech stock analyst in the world.
A graduate of Jay County High School and DePauw University, she’s the daughter of the late J. Gordon and Catherine Meeker of Portland.
Her 1995 Internet report declared the birth of an industry and became required reading for any investor or entrepreneur serious about business. She has recently co-issued a 424-page report on the mobile Internet.
A few of the report’s themes cover predictions of an increasing access of mobile devices than personal computers in the future.
Meeker, 50, also foresees that by 2020 scattered forms of mobile devices will sell 10 billion units, which is the number of PCs being sold today— times 10.
Meeker holds a position as managing director at Morgan Stanley and is head of its global technology research team.
She has made a career of analyzing the prospects of tech companies.
Tax abatement
makes more jobs
The Smith brothers of Berne comptroller Chris Frauhiger sat in on a Berne City Council meeting Monday evening to ask the council about two 10-year tax abatements that would total about $100,000, and to announce a 1.65 million storage building expansion.
The council granted the abatement for the expansion.
The expansion will create 12 more job positions to the 125 already employed right now.
The abatement will go toward the expansion.
The expansion will cover a 32,000 square foot area and will be used mainly for storage.
POET working to expand ethanol use
POET, the largest ethanol producer in the world, got a visit from U.S. Secretary of Agriculture Tom Vilsack and Ohio Governor Ted Strickland on Tuesday to talk with industry leaders on how to increase clean, homegrown ethanol use.
Vilsack insists that ethanol has a positive outcome on rural economies, national security and the environment, and says it has room to grow.
“We are working at USDA to develop a roadmap for how to build that nationwide [ethanol] industry. We understand it starts with allowing the capacity we have today to maximize its input,” Vilsack affirms. “I have been advocating for that, will continue to advocate for that, and I believe it will happen.”
Growth Energy vs. POET
On Thursday, Growth Energy demanded redirection and gradual phasing out of the government’s support for ethanol in hopes of a more level playing field. POET CEO Jeff Broin heavily disagreed.
Broin threw out a few comments that supported the Fueling Freedom Plan and vowed that he believes ethanol is far better product for not only our vehicles but for rural communities and for the country as well, not to mention the environment.
“The message that I want to make clear today,” said Broin, “is that if these infrastructure investments are made, the tax credit could fade away.”
Edward Jones brings home award
For five of the last six years Edward Jones has ranked “Highest in Investor Satisfaction with full Service Brokerage Firms” as reported by J.D. Power and Associates 2010 Full Service Investor Satisfaction Study (SM).
According to the study, Edward Jones performed exceptionally well in the two most important categories: Investment Advisor and Investment Performance.
These successes mark the rewards of placing the clientele’s best interests first.
Edward Jones takes pride in the “personal attention and one-on-one service” they declare to provide.
DOE backs Magellan and POET
On Monday, the U.S. Department ofEenergy (DOE) issued a feasibility study for a dedicated renewable fuel pipeline to transport biofuels from the Midwest to other parts of the nation.
The pipeline is a method of biofuel transportation that both POET and Magellan Midstream Partners, L.P. are working on promoting.
“The DOE’s study findings prove that not only is a renewable fuel pipeline feasible, but it would have important benefits to Iowa and the country as a whole,” says DOE representative Leonard Boswell.
Benefits such as “reducing congested highway and rail systems while reducing greenhouse gas emissions when compared to other modes of transportation,” continues Boswell.
“Pipelines are also the most reliable, cost effective and safest mode of transportation capable of moving large volumes of liquid energy from where it is produced to where it is consumed.”
Small Business award up for grabs
The Indiana Chamber of Commerce is on the hunt for the best small business in the state of Indiana.
The honor will be given to a small Hoosier company that demonstrates exceptional practices in their methods of business concerning sustainability and growth, commitment to employees, and a consistent record of community involvement.
Companies must have no more than 250 employees to be considered. Out-of-state parent companies will only be eligible for participation if at last 25 of their full time employees are in Indiana.
Finalists will be honored, and the winner of the Indiana Small Business of the Year award will be recognized at the Hyatt Regency Indianapolis where the Chamber’s annual awards luncheon will be held on Tuesday, Nov. 9, 2010.
Companies may be entered by self-nomination or be nominated by an outside source. Forms can be found online at www.indianachamber.com/awardsprograms.
Information for full completion will be available on the website.
Also, the 2009 Small Business of the Year award has been named to South Bend-based Manufacturing Technology, Inc. MTI provides friction welding technology and services, and rose above dozens of opponents to win the honor.
Other award finalists from across Indiana were also honored for their achievements.
McDonald’s gives free drinks for donations
Portland’s McDonalds is working with the United Way of Jay County, Indiana’s News Center and Two Men and a Truck to collect school supplies for underprivileged children.
The school supply drive will continue until August 8.
McDonald’s is offering a free small coffee or soft drink to anyone donating school supplies.
The items will then be given to the local Salvation Army to be distributed.
Key investment
Key Plastics of Hartford City will be investing $1.2 million worth of equipment to make automotive handle molding and new paint systems.
The new equipment is expected to generate 24 jobs with salaries totaling $552,000.[[In-content Ad]]
Meeker, a native of Portland, was known as queen of the Net in the late 1990s but was under fire after the tech stock bubble burst.
Now, Fortune magazine — in its current issue — has named her the smartest tech stock analyst in the world.
A graduate of Jay County High School and DePauw University, she’s the daughter of the late J. Gordon and Catherine Meeker of Portland.
Her 1995 Internet report declared the birth of an industry and became required reading for any investor or entrepreneur serious about business. She has recently co-issued a 424-page report on the mobile Internet.
A few of the report’s themes cover predictions of an increasing access of mobile devices than personal computers in the future.
Meeker, 50, also foresees that by 2020 scattered forms of mobile devices will sell 10 billion units, which is the number of PCs being sold today— times 10.
Meeker holds a position as managing director at Morgan Stanley and is head of its global technology research team.
She has made a career of analyzing the prospects of tech companies.
Tax abatement
makes more jobs
The Smith brothers of Berne comptroller Chris Frauhiger sat in on a Berne City Council meeting Monday evening to ask the council about two 10-year tax abatements that would total about $100,000, and to announce a 1.65 million storage building expansion.
The council granted the abatement for the expansion.
The expansion will create 12 more job positions to the 125 already employed right now.
The abatement will go toward the expansion.
The expansion will cover a 32,000 square foot area and will be used mainly for storage.
POET working to expand ethanol use
POET, the largest ethanol producer in the world, got a visit from U.S. Secretary of Agriculture Tom Vilsack and Ohio Governor Ted Strickland on Tuesday to talk with industry leaders on how to increase clean, homegrown ethanol use.
Vilsack insists that ethanol has a positive outcome on rural economies, national security and the environment, and says it has room to grow.
“We are working at USDA to develop a roadmap for how to build that nationwide [ethanol] industry. We understand it starts with allowing the capacity we have today to maximize its input,” Vilsack affirms. “I have been advocating for that, will continue to advocate for that, and I believe it will happen.”
Growth Energy vs. POET
On Thursday, Growth Energy demanded redirection and gradual phasing out of the government’s support for ethanol in hopes of a more level playing field. POET CEO Jeff Broin heavily disagreed.
Broin threw out a few comments that supported the Fueling Freedom Plan and vowed that he believes ethanol is far better product for not only our vehicles but for rural communities and for the country as well, not to mention the environment.
“The message that I want to make clear today,” said Broin, “is that if these infrastructure investments are made, the tax credit could fade away.”
Edward Jones brings home award
For five of the last six years Edward Jones has ranked “Highest in Investor Satisfaction with full Service Brokerage Firms” as reported by J.D. Power and Associates 2010 Full Service Investor Satisfaction Study (SM).
According to the study, Edward Jones performed exceptionally well in the two most important categories: Investment Advisor and Investment Performance.
These successes mark the rewards of placing the clientele’s best interests first.
Edward Jones takes pride in the “personal attention and one-on-one service” they declare to provide.
DOE backs Magellan and POET
On Monday, the U.S. Department ofEenergy (DOE) issued a feasibility study for a dedicated renewable fuel pipeline to transport biofuels from the Midwest to other parts of the nation.
The pipeline is a method of biofuel transportation that both POET and Magellan Midstream Partners, L.P. are working on promoting.
“The DOE’s study findings prove that not only is a renewable fuel pipeline feasible, but it would have important benefits to Iowa and the country as a whole,” says DOE representative Leonard Boswell.
Benefits such as “reducing congested highway and rail systems while reducing greenhouse gas emissions when compared to other modes of transportation,” continues Boswell.
“Pipelines are also the most reliable, cost effective and safest mode of transportation capable of moving large volumes of liquid energy from where it is produced to where it is consumed.”
Small Business award up for grabs
The Indiana Chamber of Commerce is on the hunt for the best small business in the state of Indiana.
The honor will be given to a small Hoosier company that demonstrates exceptional practices in their methods of business concerning sustainability and growth, commitment to employees, and a consistent record of community involvement.
Companies must have no more than 250 employees to be considered. Out-of-state parent companies will only be eligible for participation if at last 25 of their full time employees are in Indiana.
Finalists will be honored, and the winner of the Indiana Small Business of the Year award will be recognized at the Hyatt Regency Indianapolis where the Chamber’s annual awards luncheon will be held on Tuesday, Nov. 9, 2010.
Companies may be entered by self-nomination or be nominated by an outside source. Forms can be found online at www.indianachamber.com/awardsprograms.
Information for full completion will be available on the website.
Also, the 2009 Small Business of the Year award has been named to South Bend-based Manufacturing Technology, Inc. MTI provides friction welding technology and services, and rose above dozens of opponents to win the honor.
Other award finalists from across Indiana were also honored for their achievements.
McDonald’s gives free drinks for donations
Portland’s McDonalds is working with the United Way of Jay County, Indiana’s News Center and Two Men and a Truck to collect school supplies for underprivileged children.
The school supply drive will continue until August 8.
McDonald’s is offering a free small coffee or soft drink to anyone donating school supplies.
The items will then be given to the local Salvation Army to be distributed.
Key investment
Key Plastics of Hartford City will be investing $1.2 million worth of equipment to make automotive handle molding and new paint systems.
The new equipment is expected to generate 24 jobs with salaries totaling $552,000.[[In-content Ad]]
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