February 18, 2017 at 6:57 a.m.
Awards voting deadline is Monday
Business roundup
Awards voting deadline is Monday
Monday is the deadline for Jay County Chamber of Commerce members to vote for the 2016 Jay Community Awards.
Awards for Industry of the Year, Business of the Year, Citizen of the Year, Lifetime Achievement, Young Professional of the Year, Innovator of the Year and Dunkirk Community Commitment will be presented at a dinner March 2 in the Jay County High School commons.
Tickets for the chamber dinner are $28 per person and reservations must be made by Feb. 23.
To make a reservation or for more information, call (260) 726-4481 or email [email protected].
Leadership changes
Tyson Foods, parent company of Tyson Mexican Original of Portland, this week announced a major shake up of its top leadership team.
The company said Tuesday that Donnie King, president of North American operations, Sara Lilygren, executive vice president for corporate affairs, and Gary Cooper, chief information officer, are all leaving the company over a period of months.
New Tyson president and chief executive officer Tom Hayes, who took over Dec. 31, named a new 10-member leadership team that shapes up this way: Sally Grimes, president, North American Retail; Andy Callahan,president, North American Foodservice and International; Noel White, chief operations officer; Monica McGurk, chief growth officer; Dennis Leatherby, chief financial officer; Scott Rouse, chief customer officer; David VanBebber, general counsel; Mary Oleksiuk, chief human resources officer; Devin Graham, interim chief technology officer.
Tyson is one of the largest food companies in the world and employs 114,000.
Hoosier-built
Production started this week on the new 2017 Honda CR-V at the Honda of America plant in Greensburg.
Honda, a longtime customer of FCC (Indiana) in Portland, has invested $52 million in the production start-up. One hundred new jobs were created at the Greensburg plant, which operates as Honda Manufacturing of Indiana LLC.
The Greensburg plant began producing Honda Civic sedans in October of 2008 and now employs more than 2,400. It has the capacity to produce 250,000 vehicles and last year bought j$2.4 billion in OEM parts from 57 suppliers, including FCC (Indiana).
Not steel
Ardagh Group, parent company of glass container plants in Dunkirk and Winchester, is switching over its beverage can plant in Rugby, United Kingdom, from steel to aluminum.
The switch is expected to be completed in the first quarter of 2018, according to European Supermarket Magazine.
The Rugby plant started in 1989 as an aluminum-can facility but switched to steel in 1996.
While aluminum is more expensive, Ardagh considers it more durable and versatile than steel.
Mentors needed
Mentors are needed for the 2017 innovation competition for local high school students. Those interested should be able to meet with students during the school day or after school and be willing to share knowledge in their area of expertise.
For more information or to become involved, contact the Jay County Chamber of Commerce at [email protected] or (260) 726-4481.
The innovation competition is sponsored by the Wal-Mart Foundation.
Plant recognized
POET’s biorefining facility in Caro, Michigan, was recently recognized with the company’s annual Excellence Award for Operations during a ceremony at company headquarters in Sioux Falls, South Dakota. The award recognizes team members at the local plant for outstanding commitment to safety and efficiency.
POET operates 28 biorefining plants in seven states, including POET Biorefining-Portland.
The Caro plant was the company’s fourteenth.
Buys Moosejaw
Wal-Mart has purchased Moosejaw, an online seller of outdoor gear and activewear, for $51 million, Forbes reported this week.
Moosejaw, which has 10 brick-and-mortar stores, carries more than 400 brands of apparel, an area where Walmart wants to grow its business.
No thanks
Marsh Supermarkets has dropped plans to build a new store in northeast Fort Wayne, The News-Sentinel reported this week.
The North Anthony Corridor Group, including businesses along North Anthony between Crescent Avenue and St. Joe River Drive, has been working for months to attract a supermarket to the area.
In the 1950s, that part of Fort Wayne had a Rogers Markets store. That was sold in 1995 to Scott’s Food and Pharmacy. In 2007, the Scott’s stores were sold to Kroger, which closed the North Anthony store in 2012.
Still trying
The New York Post reported this week that the long-delayed Walgreens-Rite Aid merger may finally win approval from the Federal Trade Commission.
“FTC brass in the next two to four weeks will likely approve the deal that would create America’s biggest drug store chain,” The Post reported
Once the merger goes through, the combined company would have 46 percent of the U.S. market. In order to win FTC approval, Walgreens has promised to sell up to 1,200 of its stores.
Celebrating
Agape Respite Care, Berne, will mark 25 years today at its annual meeting in the board room of Swiss Village.
The meeting will feature a review of Agape’s programs and services, its finances and its strategic plan for the future.
Agape Respite Care is located at 298 Forrest Park Drive.
Completes training
Lehman Feed Mill has completed a training program conducted by Show-Rite Show Feeds as part of a certified dealer program.
Training focused on feeding, management, and show ring and fitting techniques.
Show-Rite is a national brand for the Show Feed Division of Hubbard Feeds Inc. It markets premium feeds for cattle, pigs, sheep, goats and rabbits.
Targeted
A Chinese consultancy that has waged anti-trust battles against Apple and Coca-Cola is now taking aim at McDonald’s, Reuters reported this week.
Hejun Vanguard Group, a management consultancy based in Beijing, is arguing that McDonald’s plan to sell the bulk of its China and Hong Kong business will hurt workers and consumers.
McDonald’s agreed last month to sell its China operations to CITIC Ltd., a state-backed conglomerate, and Carlyle Group LP, an American private equity firm, for $2.1 billion.
Hejun filed its complaints with China’s Ministry of Commerce.
“It has called on the regulator to closely scrutinize the transaction and take measures to prevent McDonald’s ‘abusing’ what it claims is the company’s dominant position in the fast-food burger market in China,” Reuters reported.
Joins board
Jud Fisher, president and chief operating officer of the Ball Brothers Foundation, has been elected to the board of directors of First Merchants Corporation and First Merchants Bank.
“First Merchants is truly fortunate to welcome a leader of Jud’s stature to our organization as a new director,” First Merchants president and chief executive officer Michael C. Rechin said in a prepared statement. “Jud’s financial expertise, philanthropy experience, knowledge of the Muncie marketplace and his work with community organizations throughout central Indiana, along with his leadership qualities will provide us with excellent guidance as First Merchants grows as the premier community bank.
Fisher serves on the boards of Indiana University Health Ball Memorial Hospital, the Methodist Health Foundation, and the Edmund F. and Virginia B. Ball Foundation. He also serves on the Indiana Commission for Higher Education.
A $7.2 billion financial holding company, First Merchants is the parent of First Merchants Bank, Portland.
Expo reminder
Plans are continuing to take shape for the Jay County Chamber of Commerce Business Expo and Job Fair on April 1 at Jay Community Center. Booth space is $150 for members and $200 for non-members.
For more information or to reserve a booth, contact the chamber at [email protected] or (260) 726-4481.
Profits up
Gannett Co., which owns the StarPress in Muncie and 109 other newspapers including USA Today, reported a fourth-quarter 21 percent jump in its profits.
Net income for the quarter was $24.6 million, up from $20.4 million in the same period last year.
Total revenue from operations rose more than 17 percent to $867 million, up from $739.3 million a year ago.
Awards for Industry of the Year, Business of the Year, Citizen of the Year, Lifetime Achievement, Young Professional of the Year, Innovator of the Year and Dunkirk Community Commitment will be presented at a dinner March 2 in the Jay County High School commons.
Tickets for the chamber dinner are $28 per person and reservations must be made by Feb. 23.
To make a reservation or for more information, call (260) 726-4481 or email [email protected].
Leadership changes
Tyson Foods, parent company of Tyson Mexican Original of Portland, this week announced a major shake up of its top leadership team.
The company said Tuesday that Donnie King, president of North American operations, Sara Lilygren, executive vice president for corporate affairs, and Gary Cooper, chief information officer, are all leaving the company over a period of months.
New Tyson president and chief executive officer Tom Hayes, who took over Dec. 31, named a new 10-member leadership team that shapes up this way: Sally Grimes, president, North American Retail; Andy Callahan,president, North American Foodservice and International; Noel White, chief operations officer; Monica McGurk, chief growth officer; Dennis Leatherby, chief financial officer; Scott Rouse, chief customer officer; David VanBebber, general counsel; Mary Oleksiuk, chief human resources officer; Devin Graham, interim chief technology officer.
Tyson is one of the largest food companies in the world and employs 114,000.
Hoosier-built
Production started this week on the new 2017 Honda CR-V at the Honda of America plant in Greensburg.
Honda, a longtime customer of FCC (Indiana) in Portland, has invested $52 million in the production start-up. One hundred new jobs were created at the Greensburg plant, which operates as Honda Manufacturing of Indiana LLC.
The Greensburg plant began producing Honda Civic sedans in October of 2008 and now employs more than 2,400. It has the capacity to produce 250,000 vehicles and last year bought j$2.4 billion in OEM parts from 57 suppliers, including FCC (Indiana).
Not steel
Ardagh Group, parent company of glass container plants in Dunkirk and Winchester, is switching over its beverage can plant in Rugby, United Kingdom, from steel to aluminum.
The switch is expected to be completed in the first quarter of 2018, according to European Supermarket Magazine.
The Rugby plant started in 1989 as an aluminum-can facility but switched to steel in 1996.
While aluminum is more expensive, Ardagh considers it more durable and versatile than steel.
Mentors needed
Mentors are needed for the 2017 innovation competition for local high school students. Those interested should be able to meet with students during the school day or after school and be willing to share knowledge in their area of expertise.
For more information or to become involved, contact the Jay County Chamber of Commerce at [email protected] or (260) 726-4481.
The innovation competition is sponsored by the Wal-Mart Foundation.
Plant recognized
POET’s biorefining facility in Caro, Michigan, was recently recognized with the company’s annual Excellence Award for Operations during a ceremony at company headquarters in Sioux Falls, South Dakota. The award recognizes team members at the local plant for outstanding commitment to safety and efficiency.
POET operates 28 biorefining plants in seven states, including POET Biorefining-Portland.
The Caro plant was the company’s fourteenth.
Buys Moosejaw
Wal-Mart has purchased Moosejaw, an online seller of outdoor gear and activewear, for $51 million, Forbes reported this week.
Moosejaw, which has 10 brick-and-mortar stores, carries more than 400 brands of apparel, an area where Walmart wants to grow its business.
No thanks
Marsh Supermarkets has dropped plans to build a new store in northeast Fort Wayne, The News-Sentinel reported this week.
The North Anthony Corridor Group, including businesses along North Anthony between Crescent Avenue and St. Joe River Drive, has been working for months to attract a supermarket to the area.
In the 1950s, that part of Fort Wayne had a Rogers Markets store. That was sold in 1995 to Scott’s Food and Pharmacy. In 2007, the Scott’s stores were sold to Kroger, which closed the North Anthony store in 2012.
Still trying
The New York Post reported this week that the long-delayed Walgreens-Rite Aid merger may finally win approval from the Federal Trade Commission.
“FTC brass in the next two to four weeks will likely approve the deal that would create America’s biggest drug store chain,” The Post reported
Once the merger goes through, the combined company would have 46 percent of the U.S. market. In order to win FTC approval, Walgreens has promised to sell up to 1,200 of its stores.
Celebrating
Agape Respite Care, Berne, will mark 25 years today at its annual meeting in the board room of Swiss Village.
The meeting will feature a review of Agape’s programs and services, its finances and its strategic plan for the future.
Agape Respite Care is located at 298 Forrest Park Drive.
Completes training
Lehman Feed Mill has completed a training program conducted by Show-Rite Show Feeds as part of a certified dealer program.
Training focused on feeding, management, and show ring and fitting techniques.
Show-Rite is a national brand for the Show Feed Division of Hubbard Feeds Inc. It markets premium feeds for cattle, pigs, sheep, goats and rabbits.
Targeted
A Chinese consultancy that has waged anti-trust battles against Apple and Coca-Cola is now taking aim at McDonald’s, Reuters reported this week.
Hejun Vanguard Group, a management consultancy based in Beijing, is arguing that McDonald’s plan to sell the bulk of its China and Hong Kong business will hurt workers and consumers.
McDonald’s agreed last month to sell its China operations to CITIC Ltd., a state-backed conglomerate, and Carlyle Group LP, an American private equity firm, for $2.1 billion.
Hejun filed its complaints with China’s Ministry of Commerce.
“It has called on the regulator to closely scrutinize the transaction and take measures to prevent McDonald’s ‘abusing’ what it claims is the company’s dominant position in the fast-food burger market in China,” Reuters reported.
Joins board
Jud Fisher, president and chief operating officer of the Ball Brothers Foundation, has been elected to the board of directors of First Merchants Corporation and First Merchants Bank.
“First Merchants is truly fortunate to welcome a leader of Jud’s stature to our organization as a new director,” First Merchants president and chief executive officer Michael C. Rechin said in a prepared statement. “Jud’s financial expertise, philanthropy experience, knowledge of the Muncie marketplace and his work with community organizations throughout central Indiana, along with his leadership qualities will provide us with excellent guidance as First Merchants grows as the premier community bank.
Fisher serves on the boards of Indiana University Health Ball Memorial Hospital, the Methodist Health Foundation, and the Edmund F. and Virginia B. Ball Foundation. He also serves on the Indiana Commission for Higher Education.
A $7.2 billion financial holding company, First Merchants is the parent of First Merchants Bank, Portland.
Expo reminder
Plans are continuing to take shape for the Jay County Chamber of Commerce Business Expo and Job Fair on April 1 at Jay Community Center. Booth space is $150 for members and $200 for non-members.
For more information or to reserve a booth, contact the chamber at [email protected] or (260) 726-4481.
Profits up
Gannett Co., which owns the StarPress in Muncie and 109 other newspapers including USA Today, reported a fourth-quarter 21 percent jump in its profits.
Net income for the quarter was $24.6 million, up from $20.4 million in the same period last year.
Total revenue from operations rose more than 17 percent to $867 million, up from $739.3 million a year ago.
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