June 9, 2018 at 3:23 a.m.

Chamber hosting business seminar

Business roundup

Jay County Chamber of Commerce is hosting a business start-up seminar. 

The event will take place from 9 to 11 a.m. June 20 at Community Resource Center, 118 S. Meridian St., Portland. Attendees will learn how to create a business plan, manage expectations and increase their chances of making money.

The cost is $10 and attendees can pre-register by June 18 by going to ecisbdc.org/workshops-events. 



Recognized 

A Dunkirk glass plant has been awarded an ENERGY STAR certification for superior energy performance. 

This is the sixth consecutive year the plant — which is owned by Ardagh Group —  has earned the designation. It is one of three Ardagh plants to be recognized, the company announced in a press release; the other two are in New Jersey and California. 

The Environmental Protection Agency recognizes facilities for their energy efficiency. The ENERGY STAR program is voluntary and is part of an effort to reduce greenhouse gas emissions. Ardagh Group is the only glass container manufacturer in the U.S. to receive the certification. 



Trend report

A Jay County native known for her annual report on internet trends has released her latest analysis. 

Mary Meeker, who graduated from Jay County High School and is an analyst for Kleiner Perkins Caufield & Byers, presented her internet trends report at Recode’s Code Conference at the end of May. 

Using 294 slides, Meeker went over trends on the internet, online shopping and data. 

Internet users increased 7 percent in 2017 worldwide, down from 12 percent growth in 2016. Adults spent an average of 5.9 hours per day online in 2017, up from 5.6 hours the previous year. 



Buying and selling 

Tyson Foods is buying a company that produces air-cooled chicken. 

Tyson, parent company of Tyson Mexican Original in Portland, announced it is buying Tecumseh Poultry, which makes Smart Chicken, a brand of air-cooled chicken. Tyson said it plans to keep Tecumseh Poultry’s 600 employees and that it will operate as a separate subsidiary. It has two plants in Nebraska and began in 1998. 

Tyson also announced it is selling some of its brands to better focus on its protein offerings. 

It is selling its Sara Lee Frozen Bakery, Van’s, Chef Pierre and Bistro Collection brands to Kohlberg & Company, a private equity firm. The sale includes two of Tyson’s facilities in North Carolina and Michigan and a sales office in Canada, but the 1,160 people employed at the locations are expected to keep their positions. 



Stake sold 

Walmart has sold an 80 percent stake in Walmart Brazil to private equity firm Advent International.

The terms of the deal were not disclosed. Walmart will retain a 20-percent stake in Walmart Brazil. 



Self-serve 

McDonalds has stepped up its plans to install self-serve kiosks at locations nationwide. 

The company announced it plans to add self-serve kiosks and mobile ordering to 1,000 locations each quarter for the next two years. McDonalds in Canada, Australia and the U.K. are fully integrated with kiosks and mobile ordering, CNBC reported, but the U.S. has lagged in adopting the technology. 



New treasurer 

The parent company of Portland Forge has new leadership. 

Allegheny Technologies Incorporated announced Tuesday that Scott A. Minder will become vice president, treasurer and investor relations. The current vice president, treasurer, Rose Marie Manley, will retire in July after eight years in the position and 21 years with ATI. 

Minder has worked as vice president of investor relations since July 2017 and previously worked at PPG Industries.



Management team 

CVS has announced the management structure it will follow after its planned acquisition of Aetna this year. 

The pharmacy chain earlier this year announced its plans to acquire the health insurance company, a transaction that is expected to close later this year subject to approval. If approved, Aetna will act as a stand-alone business with CVS, according to a CVS press release. 

Jon Roberts, current executive vice president and CEO of CVS Health, will retain his position. President of Aetna Karen S. Lynch will remain in her position and will also serve as executive vice president of CVS Health. Aetna’s current chief financial officer Shawn M. Guertin will become CFO for CVS Health.
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