Category: Statewide News

Dage-MTI introduces new HD camera

MICHIGAN CITY Dage-MTI, a leading manufacturer of high sensitivity cameras for bioscience, inspection, and analysis, HAS introduced the HD-210U, an advanced high definition (HD) video camera for microscopy, scientific and industrial applications.

The single-chip CMOS camera delivers true HD resolution and full screen video with smooth motion at 60 frames per second (fps). Dual DVI/HDMI and USB 2.0 outputs make it easy to …

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State approves Pinnacle, Ameristar deal

LAS VEGAS – Pinnacle Entertainment has announced today that the Indiana Gaming Commission approved the company’s proposed acquisition of Ameristar Casinos. Completion of the transaction remains subject to the receipt of additional required regulatory
approvals and customary closing conditions.

Anthony Sanfilippo, chief executive officer of Pinnacle Entertainment, said, “We thank the Indiana Gaming Commission for approving our proposed acquisition of Ameristar Casinos, and look …

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Indiana hosts Kentuckiana Dairy Exchange

WEST LAFAYETTE – Indiana and Kentucky dairy producers will tour a series of north-central Indiana dairy operations July 30-31 when Purdue Extension and University of Kentucky Extension host the 2013 Kentuckiana Dairy Exchange.

The annual event, which includes tours of six farms, this year will focus on ways technology can improve dairy operations. It also is an opportunity for dairy producers, farm employees and anyone …

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Franciscan puts Illinois hospitals up for sale

MISHAWAKA – Franciscan Alliance has announced it is putting its two Illinois hospitals up for sale.

Eleven of Franciscan’s 13 hospitals are in Indiana. The two in Illinois – in Chicago Heights and Olympia Fields – recently underwent $300 million in improvements. An outside health consultant has been hired to help Franciscan through the process.

In Indiana, Franciscan operates Franciscan St. Anthony Health in Crown …

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First Merchants acquires Citizens Financial

MUNSTER – Citizens Financial Services, which operates Citizens Financial Bank, has been acquired by First Merchants Corp. of Muncie, Ind.

Shareholders of Citizens will receive .65 shares of First Merchants common stock for each share of Citizens stock. The deal is worth $115 million.

The merged operation will have assets of more than $5 billion and will be the second largest Indiana-based financial holding …

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Schwedland joins Elevate Ventures

INDIANAPOLIS – Kelly Schwedland has been named entrepreneur-in-residence for Northwest Indiana by Elevate Ventures.

Schwedland has experience in manufacturing, information technology, financial, business services and other business sector and is responsible for advising clients and helping them to strengthen their operations.

He is a graduate of Indiana University Kelley School of Business and received an MBA from the University of Chicago Booth School of

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Pinnacle, Ameristar announce merger

LAS VEGAS – Pinnacle Entertainment and Ameristar Casinos have received regulatory approval from the Nevada Gaming Commission to merge.

Pinnacle owns seven casinos and a racetrack while Ameristar has eight casinos, including one in East Chicago. The deal is worth nearly $870 million.

Pinnacle will take over operation of Ameristar operations in Nevada, Indiana, Missouri, Iowa, Colorado and Mississippi.



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Six NWI companies among Indiana’s best

INDIANAPOLIS – The Indiana Chamber of Commerce has named its 2013 Best Places to Work in Indiana and several Northwest Indiana companies are included in the listing.

Companies on the list are evaluated on employee relations and customer service.

Among the region companies included are Lawson-Fisher of South Bend, Gibson of South Bend, Peoples Bank of Munster, Centier Bank of Merrillville, Horseshoe Casino in Hammond, …

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White Lodging begins work on Bloomington hotel

MERRILLVILLE – White Lodging and REI Real Estate Services Inc. have begun construction on a 172-room Hyatt Place hotel in Bloomington. It is scheduled to open in July 2014.

The seven-story hotel will have 4,448 square feet of meeting space and a two-level parking garage with room for 124 cars.

Hyatt Place was launched in 2006. REI Real Estate Services of Carmel was founded in …

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Bremen Castings to manufacture firearms

BREMEN, Ind. – Bremen Castings has announced creation of BCI Defense, which will focus on manufacturing firearms.

“Our new project, the mil-spec SQS515, will reflect the same quality and workmanship our products have always boasted,” said Brown.“Our goal is to evolve our business so that we may always be a leader in whatever industry we play in.Our forward thinking team members, team …

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