July 23, 2014 at 2:10 p.m.
State revamps small business office
Business Roundup
The state of Indiana is realigning its efforts to help small business owners and entrepreneurs by establishing the Office of Small Business and Entrepreneurship.
The office will include the Small Business Development Center, the Procurement Technical Assistance Centers, and a number of specialty programs aimed at Indiana businesses with fewer than 500 employees.
Jacob Schpok has been appointed executive director of the new agency. He is a graduate of Ball State University’s entrepreneurship program and has been with the Small Business Development Center since 2005, serving as director since 2011.
Joins staff
Jay County Hospital recently announced Michael Brumfield, D.O, will be joining the Tri-County Surgery Team Thursday.
Brumfield has several years of surgical experience. He completed his general surgery internship and residency at Wyandotte Hospital in Wyandotte, Mich. He received his Bachelor of Science in Medical Imaging from Oregon Institute of Technology and completed medical school admission requirements at the University of Arizona.
He received is Doctorate of Osteopathic Medicaine from Touro University College of Osteopathic Medicine in Vallejo, Calif.
“We’re very excited to have Dr. Brumfield joining the Jay County Hospital medical staff, adding such highly skilled and professional physicians to our staff is what will continue to ensure that JCH is able to provide world class care locally,” Dave Hyatt, JCH CEO, said in a prepared statement.
Gets four years
The former financial director of the Eastern Indiana Development District was sentenced this week to four years in prison for the theft of more than $150,000 from the district. Troy Collier, 34, Muncie, was sentenced to two years on two counts of felony theft and two years on a separate count of theft.
See State page 10
Continued from page 9
Jay County never belonged to the multi-county district. Its members included Wayne, Union, Rush, and Henry counties along with the city of Winchester. It has since disbanded.
Earnings drop
Allegheny Technologies, parent company of Portland Forge, has announced second quarter net income of $4.4 million or 4 cents per share on sales of $1.14 billion.
That compares with second quarter 2012 net income of $56.4 million or 50 cents a share on sales of $1.36 billion.
“Challenging conditions in many of our end markets continued during the second quarter 2013,” said Rich Harshman, the company’s chairman, president, and chief executive officer, in a prepared statement.
“Lackluster global demand for standard stainless and grain-oriented electrical steel products combined with excels global supply and falling raw material surcharges for stainless resulted in continuing pricing pressure and reduced margins on these products,” Harshman said.
He added, “Market fundamentals remained strong in the commercial aerospace, oil and gas, medical and automotive markets.”
Tyson partnership
Tyson Foods Inc., parent company of Tyson Mexican Original of Portland, has expanded its partnership with the National Urban League in an effort to reduce hunger in America.
The two-year hunger relief project will focus on Tennessee. Last year, the Urban League and Tyson teamed up to address problems with hunger in Mississippi.
More from corn
Two POET biorefineries are installing liquefied carbon dioxide facilities.
The Marion and Fostoria, Ohio, sites will serve the food freezing and beverage carbonation markets.
“One of our priorities at POET is to get the most value from the corn kernel,” a company spokesman said.
This will bring to nine the number of POET plants producing liquefied carbon dioxide in addition to ethanol, animal feed, and corn oil.
Sales, income down
Saint-Gobain, parent company of Verallia North America which operates a glass container plant in Dunkirk, reported sales for the first half of 2013 were down 3.8 percent. Net income for the first half of the year was down 28.3 percent.
Verallia’s sales slipped 2.9 percent despite a 2.1 percent rise in sales prices.
Saint-Gobain is attempting to sell Verallia North America to Ardagh Group, a Luxemburg-based corporation with roots in Ireland, but that deal has been held up by the Federal Trade Commission because of concerns about its impact on competition in the glass container industry.
Scam warning
The Better Business Bureau of Northern Indiana has issued a scam warning involving promises of a Publishers Clearing House jackpot.
Individuals have received phone calls in which they are told they have won a $700 million prize but first must pay taxes on their “winnings.”
“In our experience, there have never been any occurrences of these Publishers Clearing House calls being authentic,” the Better Business Bureau said in a press release.
Suspicious phone calls from scammers can be reported to the Better Business Bureau at (260) 423-4433.
Joins John Jay
Carolyn Carducci has been named student service adviser at John Jay Center for Learning.
A Portland resident, she has served for the past 10 years at the Jay Community Center in the areas of programming, counseling, and development.
She has also been deeply involved in volunteer work with such organizations as the Jay County Band Boosters, the General Shanks PTO, and the Jay County Walk Against Cancer.
“The knowledge and skills she possesses are invaluable,” said John Jay executive director Rusty Inman. “Her compassion and excitement in seeing others succeed, paired with her development background, make her the perfect person for this job.”
Adds department
Fuqua Chrysler-Dodge-Jeep of Dunkirk and Fuqua Automotive of Portland have added a finance department in an effort to better serve customers.
Scott Manwaring, finance manager, has joined Fuqua, having worked in the past for Muncie Nissan. Kindra Claxon has also joined Fuqua in the same department.
“We now specialize in helping our customers take that big step toward increasing and rebuilding their credit,” Manwaring said.
Both dealerships are owned by Rock Fuqua.
Attend course
Scott Bollenbacher and Hannah Hughes of Bollenbacher and Associates recently attended the farm tax update continuing education course sponsored by the Indiana Certified Public Accounting Society.
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The office will include the Small Business Development Center, the Procurement Technical Assistance Centers, and a number of specialty programs aimed at Indiana businesses with fewer than 500 employees.
Jacob Schpok has been appointed executive director of the new agency. He is a graduate of Ball State University’s entrepreneurship program and has been with the Small Business Development Center since 2005, serving as director since 2011.
Joins staff
Jay County Hospital recently announced Michael Brumfield, D.O, will be joining the Tri-County Surgery Team Thursday.
Brumfield has several years of surgical experience. He completed his general surgery internship and residency at Wyandotte Hospital in Wyandotte, Mich. He received his Bachelor of Science in Medical Imaging from Oregon Institute of Technology and completed medical school admission requirements at the University of Arizona.
He received is Doctorate of Osteopathic Medicaine from Touro University College of Osteopathic Medicine in Vallejo, Calif.
“We’re very excited to have Dr. Brumfield joining the Jay County Hospital medical staff, adding such highly skilled and professional physicians to our staff is what will continue to ensure that JCH is able to provide world class care locally,” Dave Hyatt, JCH CEO, said in a prepared statement.
Gets four years
The former financial director of the Eastern Indiana Development District was sentenced this week to four years in prison for the theft of more than $150,000 from the district. Troy Collier, 34, Muncie, was sentenced to two years on two counts of felony theft and two years on a separate count of theft.
See State page 10
Continued from page 9
Jay County never belonged to the multi-county district. Its members included Wayne, Union, Rush, and Henry counties along with the city of Winchester. It has since disbanded.
Earnings drop
Allegheny Technologies, parent company of Portland Forge, has announced second quarter net income of $4.4 million or 4 cents per share on sales of $1.14 billion.
That compares with second quarter 2012 net income of $56.4 million or 50 cents a share on sales of $1.36 billion.
“Challenging conditions in many of our end markets continued during the second quarter 2013,” said Rich Harshman, the company’s chairman, president, and chief executive officer, in a prepared statement.
“Lackluster global demand for standard stainless and grain-oriented electrical steel products combined with excels global supply and falling raw material surcharges for stainless resulted in continuing pricing pressure and reduced margins on these products,” Harshman said.
He added, “Market fundamentals remained strong in the commercial aerospace, oil and gas, medical and automotive markets.”
Tyson partnership
Tyson Foods Inc., parent company of Tyson Mexican Original of Portland, has expanded its partnership with the National Urban League in an effort to reduce hunger in America.
The two-year hunger relief project will focus on Tennessee. Last year, the Urban League and Tyson teamed up to address problems with hunger in Mississippi.
More from corn
Two POET biorefineries are installing liquefied carbon dioxide facilities.
The Marion and Fostoria, Ohio, sites will serve the food freezing and beverage carbonation markets.
“One of our priorities at POET is to get the most value from the corn kernel,” a company spokesman said.
This will bring to nine the number of POET plants producing liquefied carbon dioxide in addition to ethanol, animal feed, and corn oil.
Sales, income down
Saint-Gobain, parent company of Verallia North America which operates a glass container plant in Dunkirk, reported sales for the first half of 2013 were down 3.8 percent. Net income for the first half of the year was down 28.3 percent.
Verallia’s sales slipped 2.9 percent despite a 2.1 percent rise in sales prices.
Saint-Gobain is attempting to sell Verallia North America to Ardagh Group, a Luxemburg-based corporation with roots in Ireland, but that deal has been held up by the Federal Trade Commission because of concerns about its impact on competition in the glass container industry.
Scam warning
The Better Business Bureau of Northern Indiana has issued a scam warning involving promises of a Publishers Clearing House jackpot.
Individuals have received phone calls in which they are told they have won a $700 million prize but first must pay taxes on their “winnings.”
“In our experience, there have never been any occurrences of these Publishers Clearing House calls being authentic,” the Better Business Bureau said in a press release.
Suspicious phone calls from scammers can be reported to the Better Business Bureau at (260) 423-4433.
Joins John Jay
Carolyn Carducci has been named student service adviser at John Jay Center for Learning.
A Portland resident, she has served for the past 10 years at the Jay Community Center in the areas of programming, counseling, and development.
She has also been deeply involved in volunteer work with such organizations as the Jay County Band Boosters, the General Shanks PTO, and the Jay County Walk Against Cancer.
“The knowledge and skills she possesses are invaluable,” said John Jay executive director Rusty Inman. “Her compassion and excitement in seeing others succeed, paired with her development background, make her the perfect person for this job.”
Adds department
Fuqua Chrysler-Dodge-Jeep of Dunkirk and Fuqua Automotive of Portland have added a finance department in an effort to better serve customers.
Scott Manwaring, finance manager, has joined Fuqua, having worked in the past for Muncie Nissan. Kindra Claxon has also joined Fuqua in the same department.
“We now specialize in helping our customers take that big step toward increasing and rebuilding their credit,” Manwaring said.
Both dealerships are owned by Rock Fuqua.
Attend course
Scott Bollenbacher and Hannah Hughes of Bollenbacher and Associates recently attended the farm tax update continuing education course sponsored by the Indiana Certified Public Accounting Society.
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