Category: Business

Hobart approves plan for Northwind Crossings

HOBART – The Hobart Plan Commission has approved a site plan for a 150,000 square foot multi-tenant building at Northwind Crossings at Indiana 51 and Ridge Road.

Developer Becknell Industrial of Lyons, Ill., did not announce any potential tenants for the building. The site already has six existing building which are at capacity.

 

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Posted in Business News Bits, Economic Development, Economy, Expansion, Government, Jobs, Regional News | Leave a comment

Who’s Coming to Town?

Wide variety of events and conferences slated for 2012.
by Shari Held

Despite the slower than expected economic growth that has continued to put a damper on business meetings, events and conferences, Northwest Indiana has continued to hold its own.

“The SMERF (sports, military, education, religious and fraternal) market in Northwest Indiana has sustained even through the terrible economy,” says Keren Olivero, senior sales manager …

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Posted in Business, Region Events, Winter 2012 | Leave a comment

Construction Innovation

Building solutions across Northwest Indiana and beyond.
by Michael Puente

Problem solvers. Solution managers. Innovative thinkers.

Those are a few ways to describe the leading builders in northern Indiana involved in the design and construction of the region’s most exciting new ventures.

“If somebody needs to build that means they have a problem,” says Tom Panzica, manager of the construction division of Panzica Building Corp. …

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Posted in Business, Construction, Winter 2012 | Leave a comment

Regetz leaves Michigan City EDC for Idaho

MICHIGAN CITY – John Regetz, executive director of the Michigan City Economic Development Corp., has resigned to become executive director of the Bannock Development Corp. in Pocatello, Idaho.

Regetz has been with the MCEDC since 2006. He said creating county-wide cooperation with other economic development efforts was one of his biggest achievements, along with the Made in LaPorte County program, which show high school …

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Posted in Business News Bits, Economic Development, Regional Leadership, Regional News | Leave a comment

An Ambassador for Northwest Indiana

John Davies helps honor region’s “Legends” and “Innovators.”
by Rick A. Richards

Ask John Davies for a couple of minutes and he’ll give you 10 on something positive about Northwest Indiana. Looking at the region’s bright spot is not just in his nature, it’s his mission.

Davies, assistant director of the Gerald I. Lamkin Innovation and Entrepreneurship Center at Ivy Tech State College in Gary, …

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Posted in Business, Economic Development, Entrepreneurship, Making a Difference, Winter 2012 | Leave a comment

Manufacturing on the Rebound

Innovation and entrepreneurship in the land of the RV.
by Bob Kronemyer

While many areas of the country remain mired in economic distress, Elkhart County has become a beacon of light for a manufacturing turnaround. A historic entrepreneurial spirit, a stellar workforce, industry consolidation and an increasingly diverse manufacturing base have all contributed to the rebound.

“Many manufacturers here are either solely owned or family-owned …

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Posted in Business, Economic Development, Manufacturing, Winter 2012 | Leave a comment

Entrepreneurial Excellence

Annual awards honor drive, perseverance and innovation.
by Rick A. Richards

It might be going too far to describe entrepreneurs as gamblers, but they are risk takers. Bill Gregory, interim director of the Northwest Indiana Small Business Development Center, says there is something in their nature that pushes them to take risks.

“They all have a drive and perseverance,” says Gregory. “They are creative, energetic …

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Posted in Business, Cover Story, Entrepreneurship, Winter 2012 | Leave a comment

CEO Profile: Michael Pound Head of Koontz-Wagner in South Bend inherited love of engineering from his father.

by Rick A. Richards

Michael Pound has become fully Americanized since coming here on a two-year temporary
work visa 23 years ago. Not the fast-food, shopping mall kind of Americanized, but the full embrace of freedom and opportunity kind of Americanized.

Even so, he still misses the ability to drive his car very fast whenever he wants, dark

English beer and Radio 4, the BBC’s …

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Posted in Business, Corporate Leadership, Leader & CEO Profiles, Winter 2012 | Leave a comment

Building Green Energy audits, sustainable building and consumer education

By Kathy Sipple

In December President Obama announced a $4 billion initiative to increase the energy efficiency of buildings over the next two years. “Upgrading the energy efficiency of America’s buildings is one of the fastest, easiest and cheapest ways to save money, cut down on harmful pollution, and create good jobs right now,” Obamasaid in a statement.

According to the USGBC (United States Green …

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Posted in Business, Commercial Construction, Commercial Real Estate, Environment, Innovation, Winter 2012 | Leave a comment

Banking on Change: New regulations bring higher costs, bankers claim

by Rick A. Richards

Northwest Indiana bankers say their business is different–a lot different–than a year ago.

Banking has seen a lot of change, nearly all of it driven by legislative reform as a result of the mortgage meltdown that threw the nation’s economy into a tailspin. Not one region bank was involved in sub-prime lending, but all are affected by new laws that have …

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Posted in Banking, Business, Finance | Leave a comment