Fort Wayne Breaking News
Ribbon Cutting for Commercial Freezer Facility Near SEA-TAC Airport

2017-06-23

BURIEN, Wash., June 23, 2017 — Western Distribution Services (WDS) of Burien, WA, along with Kidder Mathews (KM) of Seattle, WA, Bridge Development Partners (BDP) of Chicago, IL, and Tippmann Innovation (TI) of Fort Wayne, IN, are proud to announce the ribbon cutting of an advanced, convertible refrigerated/freezer warehouse near Seattle’s Sea-Tac Airport. The ceremony, held on June 23, 2017 at 1010 South 146th St. in Burien, Washington, is the culmination of a project that brought the four companies together to create a state of the art facility to service the rising need for cold storage in the growing Seattle area.  WDS will operate the new facility which was designed and constructed by Tippmann Innovation with Bridge Development serving as developer. The massive 241,140-square-foot facility will house 41,000 pallets with the versatility to operate a range of temperatures to accommodate products from fresh perishables to frozen foods. The warehouse was built on a 15-acre...

Win Chill and Tippmann Innovation Hold Groundbreaking Ceremony for Refrigerated Warehouse in Sioux Falls

2017-06-22

SIOUX FALLS, S.D., June 22, 2017 — Today, South Dakota Governor Dennis Daugaard attended the groundbreaking for the first project to be built in the new Foundation Park in Sioux Falls, SD. The 205,000 square foot cold storage facility was designed by Tippmann Innovation (TI) of Fort Wayne, IN. Sioux Falls local contractor Gil Haugan Construction, together with Tippmann Innovation, will build the 205,000 sq. ft. refrigerated warehouse. Win Chill, a development, transportation and logistics company, will own the new facility which will have the capacity to support food wholesalers, retailers, and food manufacturing customers in a four-state region. The cutting-edge design features the latest refrigeration and freezing technology available in the cold storage industry. The new building will feature 205,000 square feet of public refrigerated warehouse space for a total of 7.7 million cubic feet of freezer and refrigerated capacity.

Katy Industries, Inc. Enters into Asset Purchase Agreement for the Sale of Substantially All of Its Operations and Assets to Create a Sustainable Financial Structure

2017-05-14

ST. LOUIS, May 14, 2017 — Katy Industries, Inc.  (OTC:KATY) a leading manufacturer, importer and distributor of commercial cleaning and consumer storage products, announced that it has reached an agreement with a newly-created entity co-owned by Highview Capital, LLC and affiliates of Victory Park Capital Advisors, pursuant to which it would sell substantially all of its assets for a combined cash and credit bid offer.  This agreement would provide long-term financial stability and supply Katy with the financial resources necessary to sustain its ongoing operations and continue to implement its business strategies. To achieve these financial objectives and facilitate the sale, Katy and certain of its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Pursuant to Section 363 of the Bankruptcy Code, Katy also will be filing a motion for the implementation...

Hoosier Hill Farm Selected by the Doermer School of Business for…

2017-05-13

The depth and breadth of the research was fantastic – including very detailed survey results, market analysis, competitive analysis, price points, regulations, logistics, and packaging recommendations Fort Wayne, IN May 13, 2017 — Indiana University–Purdue University Fort Wayne Doermer School of Business selected Hoosier Hill Farm for an International marketing research project in December of last year. “We were contacted by professor Ahmed Rachdi who wanted to interview us for the program”, said Peter Roesner, president of Hoosier Hill Farm LLC. “the following week we met with Ahmed and Dr. Melissa Gruys, dean of the Doermer School of Business and we elected to participate”. In February, the class traveled to Morocco to launch a market research program on behalf of two Fort Wayne companies: Hoosier Hill Farm LLC and DeBrand Fine Chocolates. While they were there, the IPFW students...

AT&T Invests Nearly $20 Million Over 3-Year Period to Enhance Local Networks in Fort Wayne Area

2017-05-11

FORT WAYNE, Ind., May 11, 2017 — At AT&T1, we’ve invested nearly $20 million in our Fort Wayne area wireless and wired networks during 2014-2016. These investments enhance reliability, coverage, speed and overall performance for residents and businesses. They also improve critical services that support public safety and first responders. In 2016, AT&T made more than 65 wireless network upgrades in the Fort Wayne area. These include boosting network capacity, and new wireless high-speed internet connections.  “Access to a strong wireless infrastructure is critical to the economic growth of our region.  It is crucial that companies invest through thoughtful innovation,” said Northeast Indiana Regional Partnership President and CEO John Sampson. “By investing in Fort Wayne, AT&T is making business growth possible. And, our residents will have the...

Schweickart, Inc. Announces Acquisition of OnHoldUSA
Schweickart, Inc. Announces Acquisition of OnHoldUSA

2017-05-10

We couldn’t be more excited to work with such an awesome team, and are honored to now be part of their future growth. May 10, 2017 — Schweickart, Inc. announced today its recent acquisition of OnHoldUSA, a 30 year-old media company based in Fort Wayne, Indiana, which has provided full-service voice and telecom messaging services over the past three decades to clients such as Wal-Mart, Sears, Midas and Verizon. In a move designed to diversify and enhance its growing portfolio of companies, Schweickart, Inc. now serves as the parent company for OnHoldUSA, LLC, video content and technology solutions provider...

Technical Roundup on Steel & Iron Stocks — Steel Dynamics, Nucor, TimkenSteel, and Worthington Industries
Technical Roundup on Steel & Iron Stocks — Steel Dynamics, Nucor, TimkenSteel, and Worthington Industries

2017-05-08

NEW YORK, May 8, 2017 — The Steel and Iron industry is a basis for the development of a number of industries in the global economy: the defense industry, transportation and heavy engineering, and energy and construction, including the aeronautical and shipping construction spaces. Pre-market, Stock-Callers.com scans the most recent performances of these four stocks: Steel Dynamics Inc. (NASDAQ: STLD), Nucor Corp. (NYSE: NUE), TimkenSteel Corp. (NYSE: TMST), and Worthington Industries Inc. (NYSE: WOR). Sign up today and download for free the research reports for the stocks covered today at: http://stock-callers.com/registration Steel Dynamics   Last Friday, shares in Fort Wayne, Indiana...

MutualFirst Financial, Inc. Declares Cash Dividend
MutualFirst Financial, Inc. Declares Cash Dividend

2017-05-05

MUNCIE, Ind., May 5, 2017 — MutualFirst Financial, Inc. (NASDAQ: MFSF), the holding company of MutualBank, has announced the Company will pay a cash dividend of $ .16 per share for the second quarter of 2017. The dividend will be payable on June 23, 2017 to shareholders of record on June 9, 2017. David W. Heeter, President and Chief Executive Officer said, “We believe dividends are an important part of creating shareholder value. Continued strong performance momentum allows us this opportunity.” MutualFirst Financial, Inc. is the parent company of MutualBank, an Indiana-based financial institution since 1889. MutualBank has twenty-seven full-service retail financial centers in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, St. Joseph and Wabash Counties in Indiana. MutualBank has two offices located in Fishers and Crawfordsville, Indiana specializing in wealth management and trust services and a loan origination office in New Buffalo, Michigan. MutualBank...

MutualFirst Financial Holds Annual Meeting
MutualFirst Financial Holds Annual Meeting

2017-05-05

MUNCIE, Ind., May 5, 2017 — MutualFirst Financial, Inc. (NASDAQ: MFSF), the holding company for MutualBank, held its eighteenth annual meeting of stockholders at the Bank’s headquarters on May 4, 2017.  It was the 127th annual meeting for MutualBank. The company acted on three items of business during the annual meeting.  The first order of business was to re-elect Linn A. Crull, Wilbur R. Davis and Charles J. Viater as directors for a term of three years.  The second order of business was the approval of an advisory (non-binding) resolution to approve executive compensation as disclosed in the Proxy Statement, and the third item of business was to ratify the appointment of BKD, LLP as the company’s independent registered public accountant for the fiscal year ending December 31, 2017. CEO Heeter commented, “2016 continued our Company’s earnings momentum.  We are making progress on our strategic plan and increased performance...

Stevie Winners Announced in 2017 American Business Awards
Stevie Winners Announced in 2017 American Business Awards

2017-05-02

2017 Stevie winners will be celebrated and presented their awards during a gala event on Tuesday, June 20, at the Marriott Marquis Hotel in New York. Fairfax, VA May 02, 2017 — The Stevie® Awards, organizers of the world’s premier business awards programs, today announced the Gold, Silver and Bronze Stevie winners in The 15th Annual American Business Awards. All organizations operating in the U.S.A. – large and small, public and private, for-profit and non-profit – are eligible to submit nominations to the ABAs in a wide range of categories, honoring achievement in every aspect of work life, from customer service and management to public relations and product development....

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