June 10, 2016 at 8:07 p.m.
May’s construction tops $4 million
Business Roundup
More than $4 million in new construction received permits in May from the Jay/Portland Building and Planning Department.
Among the largest projects were a $1 million complex of four turkey confined feeding buildings and a compost building on county road 125 West north of county road 300 North being constructed by Andrew and Denise Yoder, a $995,000 fermentation tank being constructed by POET Biorefining-Portland at its facility at 1542 S. 200 West and the $537,000 senior citizen activity center addition to Jay Community Center at 115 E. Water St. in Portland.
Other permits were issued to Coca-Cola Bottling Company for a $22,000 exterior canopy at 1517 N. Meridian St., Portland; Red Gold Inc. for a $50,0000 dock enclosure at 957 S. 200 West; Jay County Hospital for a $235,000 specialty clinic at 500 W. Votaw St., Portland; Paul Brackman for a $53,000 storage building at 6572 E. 200 South; Eric Fullenkamp for a $30,000 grain bin at 6667 N. 450 East; Paul Dillman for a $27,000 pole barn at 1183 N. 1200 West; Kyle Stockton for a $32,000 pole barn addition at 1123 N. 300 West; and Christie S. Schwartz for a $9,000 barn lean-to addition at 168 W. Indiana 18.
Also to Aaron Loyd for a $1,200 barn addition at 1720 W. 450 South; Tom and Kim Homan for a $50,000 compost building at 1947 E. Division Road and a $30,000 compost building at 3235 S. 500 West; Trevor Homan for a $30,000 compost building at 3642 S. 400 West; Robert Stump for a $9,000 compost building on State Line Road south of 600 South; Dwayne Muhlenkamp for a $300,000 turkey starter barn addition and compost building at 1268 W. 800 South; Harold Tavzel and Sonrise Aviation for a $200,000 hangar at Portland Municipal Airport; John H. Fennig and Cross Road Precision Tool Inc. for a $100,000 building addition at 7747 E. 800 South; and J.W. Gibson for a $00 fence at 1007 N. Ben Hawkins Ave., Portland.
Also to Mary Gunter for a $4,500 roof change at 423 S. Bridge St., Portland; Andrew and Denise Yoder for a $250,000 home at 829 E. 400 North; William L. Christner for a $45,000 home at 7585 N. 250 East; Andrew Fennig for a $20,000 residential addition at 4554 E. 400 North; Daniel V. Shetler for a $5,000 basement at 4618 N. 150 East; Matthew Bost for a $1,000 addition and deck at 5787 S. Como Road; Clint Black for a $15,000 garage addition at 958 E. 650 South; Sandra and Gene Whitehead for a $1,500 deck at 1149 Wayside Place, Portland; William Cowan for a $12,000 pole building at 242 W. 500 South; John Ferguson for a $2,500 storage building at 215 N. Wayne St., Portland; Ronnie Hamiel for a $3,000 storage building and fence at 68 Sesame St., Portland; Crystal Lothridge for a $200 storage building at 4148 S. Boundary Pike, Portland; John P. Lairson for a $56,000 garage at 2346 N. 800 East; Shane Martin for a $5,000 garage at 155 S. Washington St., Pennville; and Dale Rowles for an
Continued from page 5
$8,800 garage at 1682 N. Indiana 1, Pennville.
A temporary occupancy permit was issued to Community and Family Services for Joe On The Go at 514 N. Meridian St., Portland.
Intern joins staff
Rose Skelly is interning this summer at The Commercial Review.
Skelly, 20, is a junior at Ball State University, where she is majoring in journalism and psychology.
She served as the assistant news editor for the Ball State Daily News during the 2015-16 school year and will continue reporting for the student-run newspaper in the fall.
During her free time, Skelly enjoys reading and spending time with her family in her hometown of South Bend.
Air violations
Two Portland plants have been assessed civil penalties by the Indiana Department of Environmental Management in connection with alleged violations of air pollution regulations.
Tyson Mexican Original faces a $3,000 penalty in connection with pollution control devices in its baghouse.
Portland Forge was assessed a $5,750 penalty in connection with the construction and operation of grinding units without a permit.
Rank improves
Tyson Foods Inc., parent company of Tyson Mexican Original of Portland, has moved up more than 50 spots in the 2016 Newsweek Green Rankings. The company ranked 328th out of 500 companies in the 2016 rankings, compared to 381st last year, according to a Tyson press release.
The Newsweek Green Rankings assess the 500 largest publicly-traded companies in the United States and the 500 largest publicly-traded companies globally on overall environmental performance.
“We believe the new ranking shows the progress we’re making in our efforts to protect the environment and conserve natural resources,” Leigh Ann Johnston, director of sustainability for Tyson Foods, said in a prepared statement. “We intend to continue improving our environmental performance as well as our position in the Newsweek Green Rankings.”
Russian expansion
A sluggish Russian economy isn’t stopping fast food giant Yum Brands, parent company of Pizza Hut, Taco Bell and KFC, from opening a bunch of locations in that country.
Yum will open 100 KFC fried chicken restaurants in Russia this year, the company said during an investor presentation this week. That’s in addition to 100 stores it opened in Russia last year.
“We believe that in about two years, we’ll actually have more units than McDonald’s has on the ground [in Russia],” Yum chief executive officer Greg Creed said in a prepared statement.
In market
IANS, India’s largest independent news wire reported this week that Motherson Sumi Systems, parent company of MSSL Wiring Systems of Portland, will make its debut in the U.S. dollar bond markets through its subsidiary Samvardhana Motherson Automotive Systems Group B.V.
“Our subsidiary Samvardhana Motherson Automotive Systems Group has announced the pricing of its $300 million 5.5 year non-call three year senior secured notes offering at 4.875 per cent per annum, due December 2021 (The 2016 notes),” said the company in a regulatory filing obtained by IANS.
Meeker speaks
Jay County native Mary Meeker, considered by stock analysts to be one of the smartest forecasters in the world of the internet, took part in a panel discussion Wednesday in Redmond, Washington, at the second annual KPMG Women’s Leadership Summit, an event held in conjunction with the KPMG Women’s PGA Championship at Sahalee Country Club this weekend.
Meeker, a graduate of Jay County High School and DePauw University, is a general partner at Kleiner Perkins Caulfield & Byers and is well-known in tech circles for her annual annual “Internet Trends” report. Meeker recently published her report for 2016.
Among the largest projects were a $1 million complex of four turkey confined feeding buildings and a compost building on county road 125 West north of county road 300 North being constructed by Andrew and Denise Yoder, a $995,000 fermentation tank being constructed by POET Biorefining-Portland at its facility at 1542 S. 200 West and the $537,000 senior citizen activity center addition to Jay Community Center at 115 E. Water St. in Portland.
Other permits were issued to Coca-Cola Bottling Company for a $22,000 exterior canopy at 1517 N. Meridian St., Portland; Red Gold Inc. for a $50,0000 dock enclosure at 957 S. 200 West; Jay County Hospital for a $235,000 specialty clinic at 500 W. Votaw St., Portland; Paul Brackman for a $53,000 storage building at 6572 E. 200 South; Eric Fullenkamp for a $30,000 grain bin at 6667 N. 450 East; Paul Dillman for a $27,000 pole barn at 1183 N. 1200 West; Kyle Stockton for a $32,000 pole barn addition at 1123 N. 300 West; and Christie S. Schwartz for a $9,000 barn lean-to addition at 168 W. Indiana 18.
Also to Aaron Loyd for a $1,200 barn addition at 1720 W. 450 South; Tom and Kim Homan for a $50,000 compost building at 1947 E. Division Road and a $30,000 compost building at 3235 S. 500 West; Trevor Homan for a $30,000 compost building at 3642 S. 400 West; Robert Stump for a $9,000 compost building on State Line Road south of 600 South; Dwayne Muhlenkamp for a $300,000 turkey starter barn addition and compost building at 1268 W. 800 South; Harold Tavzel and Sonrise Aviation for a $200,000 hangar at Portland Municipal Airport; John H. Fennig and Cross Road Precision Tool Inc. for a $100,000 building addition at 7747 E. 800 South; and J.W. Gibson for a $00 fence at 1007 N. Ben Hawkins Ave., Portland.
Also to Mary Gunter for a $4,500 roof change at 423 S. Bridge St., Portland; Andrew and Denise Yoder for a $250,000 home at 829 E. 400 North; William L. Christner for a $45,000 home at 7585 N. 250 East; Andrew Fennig for a $20,000 residential addition at 4554 E. 400 North; Daniel V. Shetler for a $5,000 basement at 4618 N. 150 East; Matthew Bost for a $1,000 addition and deck at 5787 S. Como Road; Clint Black for a $15,000 garage addition at 958 E. 650 South; Sandra and Gene Whitehead for a $1,500 deck at 1149 Wayside Place, Portland; William Cowan for a $12,000 pole building at 242 W. 500 South; John Ferguson for a $2,500 storage building at 215 N. Wayne St., Portland; Ronnie Hamiel for a $3,000 storage building and fence at 68 Sesame St., Portland; Crystal Lothridge for a $200 storage building at 4148 S. Boundary Pike, Portland; John P. Lairson for a $56,000 garage at 2346 N. 800 East; Shane Martin for a $5,000 garage at 155 S. Washington St., Pennville; and Dale Rowles for an
Continued from page 5
$8,800 garage at 1682 N. Indiana 1, Pennville.
A temporary occupancy permit was issued to Community and Family Services for Joe On The Go at 514 N. Meridian St., Portland.
Intern joins staff
Rose Skelly is interning this summer at The Commercial Review.
Skelly, 20, is a junior at Ball State University, where she is majoring in journalism and psychology.
She served as the assistant news editor for the Ball State Daily News during the 2015-16 school year and will continue reporting for the student-run newspaper in the fall.
During her free time, Skelly enjoys reading and spending time with her family in her hometown of South Bend.
Air violations
Two Portland plants have been assessed civil penalties by the Indiana Department of Environmental Management in connection with alleged violations of air pollution regulations.
Tyson Mexican Original faces a $3,000 penalty in connection with pollution control devices in its baghouse.
Portland Forge was assessed a $5,750 penalty in connection with the construction and operation of grinding units without a permit.
Rank improves
Tyson Foods Inc., parent company of Tyson Mexican Original of Portland, has moved up more than 50 spots in the 2016 Newsweek Green Rankings. The company ranked 328th out of 500 companies in the 2016 rankings, compared to 381st last year, according to a Tyson press release.
The Newsweek Green Rankings assess the 500 largest publicly-traded companies in the United States and the 500 largest publicly-traded companies globally on overall environmental performance.
“We believe the new ranking shows the progress we’re making in our efforts to protect the environment and conserve natural resources,” Leigh Ann Johnston, director of sustainability for Tyson Foods, said in a prepared statement. “We intend to continue improving our environmental performance as well as our position in the Newsweek Green Rankings.”
Russian expansion
A sluggish Russian economy isn’t stopping fast food giant Yum Brands, parent company of Pizza Hut, Taco Bell and KFC, from opening a bunch of locations in that country.
Yum will open 100 KFC fried chicken restaurants in Russia this year, the company said during an investor presentation this week. That’s in addition to 100 stores it opened in Russia last year.
“We believe that in about two years, we’ll actually have more units than McDonald’s has on the ground [in Russia],” Yum chief executive officer Greg Creed said in a prepared statement.
In market
IANS, India’s largest independent news wire reported this week that Motherson Sumi Systems, parent company of MSSL Wiring Systems of Portland, will make its debut in the U.S. dollar bond markets through its subsidiary Samvardhana Motherson Automotive Systems Group B.V.
“Our subsidiary Samvardhana Motherson Automotive Systems Group has announced the pricing of its $300 million 5.5 year non-call three year senior secured notes offering at 4.875 per cent per annum, due December 2021 (The 2016 notes),” said the company in a regulatory filing obtained by IANS.
Meeker speaks
Jay County native Mary Meeker, considered by stock analysts to be one of the smartest forecasters in the world of the internet, took part in a panel discussion Wednesday in Redmond, Washington, at the second annual KPMG Women’s Leadership Summit, an event held in conjunction with the KPMG Women’s PGA Championship at Sahalee Country Club this weekend.
Meeker, a graduate of Jay County High School and DePauw University, is a general partner at Kleiner Perkins Caulfield & Byers and is well-known in tech circles for her annual annual “Internet Trends” report. Meeker recently published her report for 2016.
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