May 16, 2015 at 6:07 a.m.
New CAFOs top Jay construction
Business roundup
Two confined feeding operations and Portland’s new waterpark accounted for the lion’s share of new construction projects issued building permits in April by the Jay/Portland Building and Planning office.
In all, new construction permitted in April totaled more than $9.9 million.
The Arrowhead Poultry Farms LLC project of Steve Schweiterman was the largest construction project issued a permit. The four confined feeding buildings for chickens at 1037 N. 700 East have a construction cost of $4 million.
The City of Portland’s waterpark at 304 S. Hayes St. has a construction cost of $3.2 million.
Robert and Carol Dirksen were issued a permit for a $1 million project to construct four confined feeding buildings for turkeys and a utility building at 5849 Liberty Road, Bryant.
Other permits were issued to Quality Dining Inc. for a $340,250 remodeling and renovation of the Burger King restaurant at 1610 N. Meridian St., Portland; Brian Link for a $3,000 pole building at 2651 N. 800 East; Steven Wendel for a $40,000 grain bin at 8847 E. 600 South; Randy Davidson for a $15,000 barn addition at 6132 W. 500 North, Pennville; Albert Schrock for a $6,000 generator building in the 5000 section of 550 West, Pennville; Hoosier Pride Farms LLC for a $3,000 guard building at 7188 N. State Line Road; Steven and Michelle Seibold for a $4,000 new porch at 227 E. Main St., Portland; Julie Swoveland and Carl Ronald for a $15,000 garage project at 3173 N. 450 West.
Also to Chad Newsome for a $15,000 pole building addition at 11335 W. Division Road; Tara Swanson for a $1,200 fence at 110 Hickory Court, Portland; Cory Putnam for a $400 fence at 303 E. Race St., Portland; Michael Acheson for a $90,000 cabin at 10966 W. 550 North, Pennville; Adam Rosenbeck for a $250,000 new home at 8090 N. 700 East, Bryant; Matt Billington for a $200,000 new home at 2311 Como Road; Barry Hudson for a $600,000 new home at 1349 S. Meridian St., Portland; Laura Hough for an $8,000 pool and deck at 5221 N. 250 West, Bryant; Lisa Reinhard for a $60,000 addition at 7695 N. 450 East, Bryant; Pete J. Schwartz for a $10,000 addition at 6052 N. 450 East, Bryant; Darius Clark for a $1,200 deck with ramp at 5026 S. Boundary Pike, Portland; Jonas P. Neuenschwander for a $39,000 residential addition and shop at 8737 N. 450 E. Bryant; Zachary Rowles for a $19,000 pole building at 940 W. 275 South; Paul Wickleman for a $400 carport at 1800 S. 300 West; and Roger and Sue Boyd for an $11,800 garage at 532 W. High St., Portland.
A business occupancy permit was issued to Brian L. Barnett for B.A. Hobbys at 201 N. Commerce St., Portland.
Retiring
Jim Meinerding is retiring as chairman of the East Region Advisory Board of First Merchants Bank.
Meinerding, a former Portland resident and former Jay County Council member, will end his 30-year banking career at the end of May.
A reception in his honor will be held from 1 to 4 p.m. on Friday, May 22, at First Merchants Bank, 115 W. Main St., Portland, and earlier the same day from 9 to 11 a.m. at the First Merchants location in Winchester.
There will be a presentation to Meinerding at 3 p.m. Friday.
Very upbeat
Tyson Foods Inc.’s top executive told investors this week the company is reinventing itself from a one-brand company to a “house of brands.”
“We’re demonstrating more stability and less volatility, and we have a growth story,” King told investors at the Goldman Sachs Consumer Staples Conference.
“We have the number one or number two brands in 13 categories,” King said in a prepared statement. “Our products are growing 1.6 times faster than the total retail food and beverage category.”
Tyson Foods Inc., parent company of Tyson Mexican Original, acquired the Hillshire Brands Co. last year.
Networking lunch
Jay County Commissioners Faron Parr, Jim Zimmerman, and Doug Inman will be the featured speakers at noon Tuesday, May 26, at the Jay County Chamber of Commerce monthly networking luncheon.
The commissioners will b addressing the state of the county.
The event will be held in the conference room at Jay County Hospital, and the cost of lunch in $8. To make reservations, contact the chamber at (260) 726-4481 or via email at [email protected] by noon on May 22.
Ellspermann visit
Dunkirk mayor Dan Watson is reminding the Dunkirk business community that Lt. Gov. Sue Ellspermann will be visiting Dunkirk at 4 p.m. on Tuesday, May 19, to congratulate the city on being named a Stellar Community Finalist.
There will be a meet and greet event at the Dunkirk Depot in Webster Depot Park from 4 to 4:30 p.m.
Watson will be giving the lieutenant governor a private tour of Dunkirk’s 2015 Stellar projects.
Not so fast
The Indiana Utility Regulatory Commission has thrown a wrench into a planned infrastructure upgrade project by Indiana Michigan Power.
I&M had proposed a sven-year, $787 million project that would have added about $1 a month to residential utility bills.
But the IURC last week told I&M to cut $200 million from the plan and provide additional details to justify the costs involved.
Cutting jobs
Allied Recreation Group announced this week it is cutting more than 50 hourly full-time jobs at its Decatur Fleetwood RV plant.
The company employs 1,100 at the Decatur facility.
Allied Recreation Group reports annual revenue of $1.7 billion and has 23 different brands with 5,600 employees nationally.
Losses trimmed
J.C. Penney Co. reported first quarter losses of $167 million or 55 cents a share, but that was significantly better than had been expected.
Wall Street analysts had expected a loss of 79 cents per share. The major retailer, which has a store in Muncie, has been turning itself around since the firing of its former chief executive officer Ron Johnson in April of 2013.
Arby’s growth
Arby’s, which has a store in Portland, announced first quarter same-store sales growth of 9.8 percent.
“We are off to a great start in 2015,” said Arby’s chief executive officer Paul Brown in a prepared statement. “We have compelling vision for the Arby’s brand and a clear system-wide business strategy in place.”
The company intends to accelerate new restaurant development this year.
New veep
Allegheny Technologies Inc., parent company of Portland Forge, has named Terrence L. Hartford vice president, ATI Defense. He joined ATI in 1981 and holds a master’s in business administration from the University of Pittsburgh.
New manager
Marvin Schwartz has been named manager of Brigg’s Hardware in Geneva by the Briggs family.
Schwartz was the first owner of Limberlost Constsruction Co., which he later sold to his brother, Mike. He received a pastoral degree from Taylor University-Fort Wayne and a master’s in ministry from Bethel College.
Meeker speaker
Jay County native Mary Meeker will be among the featured speakers at the second annual Code Conference in Rancho Palos Verdes, California, at the end of this month. Meeker, an expert on the Internet and its investment opportunities, will be joined by Apple’s senior vice president of operations Jeff Williams and Sen. Elizabeth Warren (D-Mass.).
Launch one
Tom Steiner, East Central Indiana Small Business Development Center business adviser, will lead a “Launch Your Own Business” workshop from 9 a.m. to noon on Wednesday, May 20, at the Community Resource Center, 118 S. Meridian St., Portland. Steiner is available monthly at the resource center, generally on the third Wednesday of the month, to provide no-cost, confidential business advice. The fee for the workshop is $25, which covers the cost of a workbook for those who attend.
In all, new construction permitted in April totaled more than $9.9 million.
The Arrowhead Poultry Farms LLC project of Steve Schweiterman was the largest construction project issued a permit. The four confined feeding buildings for chickens at 1037 N. 700 East have a construction cost of $4 million.
The City of Portland’s waterpark at 304 S. Hayes St. has a construction cost of $3.2 million.
Robert and Carol Dirksen were issued a permit for a $1 million project to construct four confined feeding buildings for turkeys and a utility building at 5849 Liberty Road, Bryant.
Other permits were issued to Quality Dining Inc. for a $340,250 remodeling and renovation of the Burger King restaurant at 1610 N. Meridian St., Portland; Brian Link for a $3,000 pole building at 2651 N. 800 East; Steven Wendel for a $40,000 grain bin at 8847 E. 600 South; Randy Davidson for a $15,000 barn addition at 6132 W. 500 North, Pennville; Albert Schrock for a $6,000 generator building in the 5000 section of 550 West, Pennville; Hoosier Pride Farms LLC for a $3,000 guard building at 7188 N. State Line Road; Steven and Michelle Seibold for a $4,000 new porch at 227 E. Main St., Portland; Julie Swoveland and Carl Ronald for a $15,000 garage project at 3173 N. 450 West.
Also to Chad Newsome for a $15,000 pole building addition at 11335 W. Division Road; Tara Swanson for a $1,200 fence at 110 Hickory Court, Portland; Cory Putnam for a $400 fence at 303 E. Race St., Portland; Michael Acheson for a $90,000 cabin at 10966 W. 550 North, Pennville; Adam Rosenbeck for a $250,000 new home at 8090 N. 700 East, Bryant; Matt Billington for a $200,000 new home at 2311 Como Road; Barry Hudson for a $600,000 new home at 1349 S. Meridian St., Portland; Laura Hough for an $8,000 pool and deck at 5221 N. 250 West, Bryant; Lisa Reinhard for a $60,000 addition at 7695 N. 450 East, Bryant; Pete J. Schwartz for a $10,000 addition at 6052 N. 450 East, Bryant; Darius Clark for a $1,200 deck with ramp at 5026 S. Boundary Pike, Portland; Jonas P. Neuenschwander for a $39,000 residential addition and shop at 8737 N. 450 E. Bryant; Zachary Rowles for a $19,000 pole building at 940 W. 275 South; Paul Wickleman for a $400 carport at 1800 S. 300 West; and Roger and Sue Boyd for an $11,800 garage at 532 W. High St., Portland.
A business occupancy permit was issued to Brian L. Barnett for B.A. Hobbys at 201 N. Commerce St., Portland.
Retiring
Jim Meinerding is retiring as chairman of the East Region Advisory Board of First Merchants Bank.
Meinerding, a former Portland resident and former Jay County Council member, will end his 30-year banking career at the end of May.
A reception in his honor will be held from 1 to 4 p.m. on Friday, May 22, at First Merchants Bank, 115 W. Main St., Portland, and earlier the same day from 9 to 11 a.m. at the First Merchants location in Winchester.
There will be a presentation to Meinerding at 3 p.m. Friday.
Very upbeat
Tyson Foods Inc.’s top executive told investors this week the company is reinventing itself from a one-brand company to a “house of brands.”
“We’re demonstrating more stability and less volatility, and we have a growth story,” King told investors at the Goldman Sachs Consumer Staples Conference.
“We have the number one or number two brands in 13 categories,” King said in a prepared statement. “Our products are growing 1.6 times faster than the total retail food and beverage category.”
Tyson Foods Inc., parent company of Tyson Mexican Original, acquired the Hillshire Brands Co. last year.
Networking lunch
Jay County Commissioners Faron Parr, Jim Zimmerman, and Doug Inman will be the featured speakers at noon Tuesday, May 26, at the Jay County Chamber of Commerce monthly networking luncheon.
The commissioners will b addressing the state of the county.
The event will be held in the conference room at Jay County Hospital, and the cost of lunch in $8. To make reservations, contact the chamber at (260) 726-4481 or via email at [email protected] by noon on May 22.
Ellspermann visit
Dunkirk mayor Dan Watson is reminding the Dunkirk business community that Lt. Gov. Sue Ellspermann will be visiting Dunkirk at 4 p.m. on Tuesday, May 19, to congratulate the city on being named a Stellar Community Finalist.
There will be a meet and greet event at the Dunkirk Depot in Webster Depot Park from 4 to 4:30 p.m.
Watson will be giving the lieutenant governor a private tour of Dunkirk’s 2015 Stellar projects.
Not so fast
The Indiana Utility Regulatory Commission has thrown a wrench into a planned infrastructure upgrade project by Indiana Michigan Power.
I&M had proposed a sven-year, $787 million project that would have added about $1 a month to residential utility bills.
But the IURC last week told I&M to cut $200 million from the plan and provide additional details to justify the costs involved.
Cutting jobs
Allied Recreation Group announced this week it is cutting more than 50 hourly full-time jobs at its Decatur Fleetwood RV plant.
The company employs 1,100 at the Decatur facility.
Allied Recreation Group reports annual revenue of $1.7 billion and has 23 different brands with 5,600 employees nationally.
Losses trimmed
J.C. Penney Co. reported first quarter losses of $167 million or 55 cents a share, but that was significantly better than had been expected.
Wall Street analysts had expected a loss of 79 cents per share. The major retailer, which has a store in Muncie, has been turning itself around since the firing of its former chief executive officer Ron Johnson in April of 2013.
Arby’s growth
Arby’s, which has a store in Portland, announced first quarter same-store sales growth of 9.8 percent.
“We are off to a great start in 2015,” said Arby’s chief executive officer Paul Brown in a prepared statement. “We have compelling vision for the Arby’s brand and a clear system-wide business strategy in place.”
The company intends to accelerate new restaurant development this year.
New veep
Allegheny Technologies Inc., parent company of Portland Forge, has named Terrence L. Hartford vice president, ATI Defense. He joined ATI in 1981 and holds a master’s in business administration from the University of Pittsburgh.
New manager
Marvin Schwartz has been named manager of Brigg’s Hardware in Geneva by the Briggs family.
Schwartz was the first owner of Limberlost Constsruction Co., which he later sold to his brother, Mike. He received a pastoral degree from Taylor University-Fort Wayne and a master’s in ministry from Bethel College.
Meeker speaker
Jay County native Mary Meeker will be among the featured speakers at the second annual Code Conference in Rancho Palos Verdes, California, at the end of this month. Meeker, an expert on the Internet and its investment opportunities, will be joined by Apple’s senior vice president of operations Jeff Williams and Sen. Elizabeth Warren (D-Mass.).
Launch one
Tom Steiner, East Central Indiana Small Business Development Center business adviser, will lead a “Launch Your Own Business” workshop from 9 a.m. to noon on Wednesday, May 20, at the Community Resource Center, 118 S. Meridian St., Portland. Steiner is available monthly at the resource center, generally on the third Wednesday of the month, to provide no-cost, confidential business advice. The fee for the workshop is $25, which covers the cost of a workbook for those who attend.
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