June 29, 2018 at 7:34 p.m.

Several Indiana newspapers for sale

Business Roundup

Alabama-based Raycom Media announced this week it is selling or spinning off Community Newspaper Holdings, Inc., which includes newspapers in 22 states and a number of papers in Indiana.

The decision to sell the papers is a result of Raycom’s pending acquisition of Gray Television Inc. for $3.647 billion.

Raycom merged with CNHI just nine months ago.

Donna Barrett, CNHI’s president and CEO, said in a prepared statement the New Mexico brokerage firm of Dirks, Van Essen, Murray and April has already been retained to sell off its newspapers.

CNHI newspapers in Indiana include: The Herald Bulletin of Anderson, the Kokomo Tribune, The Tribune-Star of Terre Haute, The Lebanon Daily Reporter, The Evening News of Jeffersonville, The Greensburg Daily News, The Rushville Republican, The Goshen News, The Pharos-Tribune of Logansport, The Washington Times, The Tribune of New Albany and several weeklies including The Batesville Herald-Tribune, The Hancock County Image, The Hendricks County Flyer, The Highflyer of Carmel, and the Zionsville Times Sentinel.





Recognized 

Fort Recovery Insurance Agency was recently honored as a top new agency in Ohio. 

Ohio Mutual Insurance Group recognized the insurance agency as having excelled at increasing business and profits within its first two years as an Ohio Mutual agency, The (Celina) Daily Standard reported. The company was given the award at Ohio Mutual’s 2018 Centurion Trip to Las Vegas on June 9. 





EMT class 

Adams Memorial Hospital will offer basic emergency medical technician training starting in August. 

Those wishing to receive their EMT license can attend the class, which begins Aug. 21 at Adams Memorial Hospital. The classes will be from 6 to 9 p.m. on Tuesday and Thursday evenings and will continue through April. 

The cost is $800, with a $200 non-refundable fee due the first class. Participants must have a high school diploma or GED, a valid driver’s license, pass a criminal background check and have up-to-date immunizations. 

For more information, call Kent Hart at (260) 233-3369 or email [email protected]





Golf classic 

The Adams Memorial Hospital Foundation’s 6th Annual Golf Classic has been scheduled. 

The event will take place at 10 a.m. Sept. 14 at the Cross Creek Golf Club in Decatur. The cost is $75 per player or $300 for four players.

To register, call Susan Sefton at 260-724-2145. The foundation is also seeking sponsors for the event. 





Volunteer honored

A volunteer with LifeStream Services has been honored with a Golden Hoosier Award from the State of Indiana. 

Beth Edwards, who volunteers with LifeStream and at IU Health Ball Memorial in Muncie, was one of 22 seniors to receive the award last week in recognition of her impact on the community. She has accumulated 614 volunteer hours with LifeStream, which works to improve the quality of life for people at risk of losing independence. She’s also logged more than 370 hours at Ball Memorial. 

LifeStream operates in 12 counties, including Jay, Delaware, Blackford and Randolph. 





Oppose rule 

POET Biorefining’s senior vice president of external affairs and communications has taken aim at the Environmental Protection Agency’s proposed rule on the 2019 Renewable Volume Obligations under the Renewable Fuel Standard.

“Proposed biofuel volumes are meaningless when the EPA continues to hand out waivers to the largest and most profitable companies in the world. The more-than 1.6 billion gallons that have already been waived this year equal a 4 percent drop in the corn grind nationally, devastating for farmers who have faced more than four years of declining farm income and poor crop prices,” said Kyle Gilley in a prepared statement.

“Administrator Pruitt and the Trump Administration must stand up for farmers, immediately reallocate those lost gallons and cease bailouts to the oil industry. We are disturbed by reports that a reallocation plan was dropped due to pressure from oil interests. Refiners must be held accountable, and E15 must be available to consumers year-round. Only then will these numbers have any meaning,” Gilley said.

POET operates an ethanol plant southwest of Portland.





Report coming

Allegheny Technologies Inc., parent company of Portland Forge, will provide live internet listening access to its second quarter 2018 results conference call scheduled at 8:15 a.m. July 24, after the planned release of second quarter 2018 results. 

The conference call will be webcast, and accompanying presentation slides will be available at ATImetals.com. To access the webcast, visit ATImetals.com and select “Conference Call.” Conference call replay will be available on ATImetals.com.

ATI is a global manufacturer of technically advanced specialty materials and complex components.





Closing stores

Walmart has confirmed plans to close three U.S. stores next month. A Walmart store in Corning, Arkansas, a town a population of less than 1,000, will close July 20, along with stores in Clinton, Illinois, and Edna, Texas.

“Our decision to close these stores came after much deliberation and consideration of various business factors. With all the change happening in retail today, it is more important than ever to make sure we are meeting customers’ evolving needs. That includes evaluating the performance of our store locations currently serving customers.  At the same time, we are making substantial investments in our existing stores and significant investments in technology and innovation to help us better serve our customers and train our associates,” Walmart spokeswoman Tiffany Wilson said in a press release.

The population in Clinton is about 7,000. The store in Edna is located southwest of Houston in a community of about 5,500.





Need gas

The BBC reported this week that Coca-Cola says it has “temporarily paused” some production in Europe because of a shortage of CO2 gas.

There are also reports that the shortage is affecting deliveries of frozen foods, which are kept cool by dry ice, which is made by compressing CO2, the BBC said. At least five CO2 producers in northern Europe are offline for maintenance.



To discuss 

The U.S. Food and Drug Administration will hold a meeting next month to discuss regulating lab-grown meat, an industry that Tyson Foods has invested in. 

Cultured meat is grown using cells harvested from animals. It is considered an environmentally sound alternative to traditional meat butchering, The Seattle Times reported. The FDA will have a meeting on July 12 to discuss the safety of the cultured meat and how to label the product to differentiate it from meat from animals. 

Tyson Foods is the parent company of Tyson Mexican Original in Portland.





Add Coke

Arby’s customers can now get Coke-brand soft drinks with their meals.  

The sandwich restaurant announced last week it had completed its nationwide conversion to Coca-Cola drinks.
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