May 2, 2020 at 4:24 a.m.
Dunkirk’s Ardagh an Energy Star
Business roundup
Dunkirk’s Ardagh an Energy Star
Dunkirk’s Ardagh Group glass container manufacturing plant has been awarded an Energy Star certification for the eighth consecutive year.
The certification from the Environmental Protection Agency for superior energy performance was announced this week.
Ardagh is the only U.S. glass container manufacturer to earn the Energy Star designation.
Two other Ardagh plants in Bridgeton, New Jersey, and Madera, California, also received the certification. It was the sixth consecutive year for Bridgeton and the seventh consecutive year for the Madera plant.
To earn the Energy Star rating plants must perform within the top 25% of similar facilities nationwide for energy efficiency and meet strict energy efficiency performance levels set by the EPA.
“Ardagh is honored to remain the only U.S. glass container manufacturer to earn the Energy Star plant certifications,” Bertrand Paulet, president and chief executive officer for Ardagh’s North American Glass business unit, said in a prepared statement. “We are committed to being the North American glass packaging market leader in sustainability by optimizing our manufacturing operations, maximizing the use of recycled materials and lowering energy consumption.”
In addition to the Energy Star certifications, all 13 of Ardagh’s glass manufacturing facilities in North America are ISO 14001 certified.
Access change
Jack Ronald, publisher of The Commercial Review, announced Friday that the paywall on The CR’s website — thecr.com — will go back up at the end of May.
The paywall to the news website was removed in March to provide maximum free public access to information during the coronavirus pandemic.
Subscribers to The CR receive free access to the website at all times.
To guarantee continued access to the site after the end of May, non-subscribers should click on the “Subscribe” button on the site and create an account.
Still growing?
Motherson Sumi Systems Limited is still interested in growing via acquisitions.
In an interview with LiveMint, an Indian business website, Laksh Vaaman Sehgal, vice chairman, said that while the group remains cautious about the rising debt levels it is still open to making new acquisitions if the valuations prove to be attractive.
“There are a bunch (deals) in the pipeline but nothing has reached the final stages that I can give you a color on. But yes, we are still actively looking at making more acquisitions and of course we are being very cautious and only looking at our customers’ suggestions,” he said.
“We are really looking at what our customers are telling us to do. I can tell you that our global (mergers and acquisition) team is quite busy at the moment,” he added.
Full capacity
Adams Memorial Hospital, Decatur, has announced that radiology services will begin operating at full capacity on Monday at the hospital’s Berne Outpatient Clinic located on the lower level of Swiss Village.
Expanding
CVS Health and Walgreens are continuing to expand free coronavirus testing.
CVS said this week it hopes to be able to offer expanded self-swab testing in as many as 1,000 locations by the end of May. That represents about 10% of its stores.
Walgreens announced it plans to establish free drive-through nasal testing in 49 states and Puerto Rico.
Extended
Honda of America, a major customer of FCC (Indiana) has decided to extend the shutdown of its plants through May 8.
The plants have been closed since March 23 because of the impact of COVID-19 on auto sales.
Cuts production
Cardinal Ethanol’s plant west of Union City is among those reducing production, Ethanol Producer magazine reports.
The company filed a notice with the Securities and Exchange Commission on March 23 announcing it will cut production by 20% for the foreseeable future.
Sales drop
Yum Brands, parent company of Pizza Hut, Taco Bell and KFC, reported a 7% drop in quarterly comparable store sales as the result of the pandemic and stay-at-home orders.
“First-quarter results reflect two different realities. We began the year with momentum … however as the quarter progressed we were heavily impacted by the unfortunate spread of COVID-19,” Chief Executive Officer David Gibbs said in a press release.
Reuters reported that net income fell to $83 million or 27 cents per share in the first quarter, from $262 million or 83 cents per share a year earlier.
Gives it up
Salamonie Mills and Agland Grain have surrendered their licenses.
The grain mill company has had operations at Bluffton, Uniondale, Markle, Huntington and Warren.
Anyone owed grain and/or payment for the sale of grain from Salamonie Mills and/or Agland grain is asked to contact the Indiana Grain Buyers and Warehouse Licensing Agency.
The company also faces foreclosure after defaulting on two loans totaling more than $8 million.
Cooper donates
Cooper Farms has made several donations over the past month, providing over 21,000 protein-rich meals.
Nearly 6,000 pounds of turkey as well as two truckloads of eggs, about 27,000 dozen eggs, were donated to the Ohio Association of Foodbanks in a series of deliveries from the turkey, pork and egg company, The Daily Advocate of Greenville, Ohio, reported. An additional 1,100 pounds of turkey burgers were donated to area groups providing socially distanced serving of hot lunches for children and meals after virtual church services.
Break ground
Poseidon Barge, a global supplier of portable sectional barges and barge equipment, has broken ground for an expansion of its plant in Berne which is expected to create up to 60 new jobs by the end of 2021.
Poseidon markets equipment to highway construction contractors, diving contractors, dredging contractors and marine contractors.
The $5.4 million expansion will add 38,000 square feet to the company’s plant on Parr Road.
Revenue down
Mercer Health in Coldwater, Ohio, reported this week that the postponement of elective procedures at the hospital has resulted in a 49% drop in revenues.
Officials at the hospital said they have been looking at a variety of financial aid options, including those through the CARES Act passed by Congress.
Big investment
NextEra Energy, parent of Bluff Point Wind Energy Center, plans to invest $1 billion on battery projects in 2021, GreenTechMedia reported this week.
That’s the largest single year investment in battery technology by any company in history.
“That investment will include the 409-megawatt Manatee Energy Storage Center in Florida that NextEra announced last year, which will be powered by solar panels and replaces a pair of aging natural-gas-fired plants,” the website said.
The certification from the Environmental Protection Agency for superior energy performance was announced this week.
Ardagh is the only U.S. glass container manufacturer to earn the Energy Star designation.
Two other Ardagh plants in Bridgeton, New Jersey, and Madera, California, also received the certification. It was the sixth consecutive year for Bridgeton and the seventh consecutive year for the Madera plant.
To earn the Energy Star rating plants must perform within the top 25% of similar facilities nationwide for energy efficiency and meet strict energy efficiency performance levels set by the EPA.
“Ardagh is honored to remain the only U.S. glass container manufacturer to earn the Energy Star plant certifications,” Bertrand Paulet, president and chief executive officer for Ardagh’s North American Glass business unit, said in a prepared statement. “We are committed to being the North American glass packaging market leader in sustainability by optimizing our manufacturing operations, maximizing the use of recycled materials and lowering energy consumption.”
In addition to the Energy Star certifications, all 13 of Ardagh’s glass manufacturing facilities in North America are ISO 14001 certified.
Access change
Jack Ronald, publisher of The Commercial Review, announced Friday that the paywall on The CR’s website — thecr.com — will go back up at the end of May.
The paywall to the news website was removed in March to provide maximum free public access to information during the coronavirus pandemic.
Subscribers to The CR receive free access to the website at all times.
To guarantee continued access to the site after the end of May, non-subscribers should click on the “Subscribe” button on the site and create an account.
Still growing?
Motherson Sumi Systems Limited is still interested in growing via acquisitions.
In an interview with LiveMint, an Indian business website, Laksh Vaaman Sehgal, vice chairman, said that while the group remains cautious about the rising debt levels it is still open to making new acquisitions if the valuations prove to be attractive.
“There are a bunch (deals) in the pipeline but nothing has reached the final stages that I can give you a color on. But yes, we are still actively looking at making more acquisitions and of course we are being very cautious and only looking at our customers’ suggestions,” he said.
“We are really looking at what our customers are telling us to do. I can tell you that our global (mergers and acquisition) team is quite busy at the moment,” he added.
Full capacity
Adams Memorial Hospital, Decatur, has announced that radiology services will begin operating at full capacity on Monday at the hospital’s Berne Outpatient Clinic located on the lower level of Swiss Village.
Expanding
CVS Health and Walgreens are continuing to expand free coronavirus testing.
CVS said this week it hopes to be able to offer expanded self-swab testing in as many as 1,000 locations by the end of May. That represents about 10% of its stores.
Walgreens announced it plans to establish free drive-through nasal testing in 49 states and Puerto Rico.
Extended
Honda of America, a major customer of FCC (Indiana) has decided to extend the shutdown of its plants through May 8.
The plants have been closed since March 23 because of the impact of COVID-19 on auto sales.
Cuts production
Cardinal Ethanol’s plant west of Union City is among those reducing production, Ethanol Producer magazine reports.
The company filed a notice with the Securities and Exchange Commission on March 23 announcing it will cut production by 20% for the foreseeable future.
Sales drop
Yum Brands, parent company of Pizza Hut, Taco Bell and KFC, reported a 7% drop in quarterly comparable store sales as the result of the pandemic and stay-at-home orders.
“First-quarter results reflect two different realities. We began the year with momentum … however as the quarter progressed we were heavily impacted by the unfortunate spread of COVID-19,” Chief Executive Officer David Gibbs said in a press release.
Reuters reported that net income fell to $83 million or 27 cents per share in the first quarter, from $262 million or 83 cents per share a year earlier.
Gives it up
Salamonie Mills and Agland Grain have surrendered their licenses.
The grain mill company has had operations at Bluffton, Uniondale, Markle, Huntington and Warren.
Anyone owed grain and/or payment for the sale of grain from Salamonie Mills and/or Agland grain is asked to contact the Indiana Grain Buyers and Warehouse Licensing Agency.
The company also faces foreclosure after defaulting on two loans totaling more than $8 million.
Cooper donates
Cooper Farms has made several donations over the past month, providing over 21,000 protein-rich meals.
Nearly 6,000 pounds of turkey as well as two truckloads of eggs, about 27,000 dozen eggs, were donated to the Ohio Association of Foodbanks in a series of deliveries from the turkey, pork and egg company, The Daily Advocate of Greenville, Ohio, reported. An additional 1,100 pounds of turkey burgers were donated to area groups providing socially distanced serving of hot lunches for children and meals after virtual church services.
Break ground
Poseidon Barge, a global supplier of portable sectional barges and barge equipment, has broken ground for an expansion of its plant in Berne which is expected to create up to 60 new jobs by the end of 2021.
Poseidon markets equipment to highway construction contractors, diving contractors, dredging contractors and marine contractors.
The $5.4 million expansion will add 38,000 square feet to the company’s plant on Parr Road.
Revenue down
Mercer Health in Coldwater, Ohio, reported this week that the postponement of elective procedures at the hospital has resulted in a 49% drop in revenues.
Officials at the hospital said they have been looking at a variety of financial aid options, including those through the CARES Act passed by Congress.
Big investment
NextEra Energy, parent of Bluff Point Wind Energy Center, plans to invest $1 billion on battery projects in 2021, GreenTechMedia reported this week.
That’s the largest single year investment in battery technology by any company in history.
“That investment will include the 409-megawatt Manatee Energy Storage Center in Florida that NextEra announced last year, which will be powered by solar panels and replaces a pair of aging natural-gas-fired plants,” the website said.
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