Italy-based Italpollina will Friday cut the ribbon on its $9 million North American headquarters in Anderson. The facility, for which ground was broken in mid-2016, is located on the former GM Scatterfield site.
When plans for the 70,000-square-foot facility were first announced, Italpollina said the project would create 35 jobs in Anderson. The company produces organic fertilizers, vegetable-based biostimulants and what it calls beneficial microorganisms.
In December 2017 as construction on the facility continued, Italpollina announced it would build a nearby science and technology park. The company has not provided an updated timetable on that project's completion.
By Jonathan Koop Portfolio Manager, Bedel Financial Consulting Inc.
Fact: The value of the stock market goes up and down. It’s called “market volatility”. How concerned should you be with a thousand point change in the index? Since your reaction can impact your personal portfolio, it’s most important that you have a good perspective. Significant price movements in the stock market grabbed headlines and captivated media pundits throughout 2018. The last week of the year the market experienced large price swings...
Indiana Liquor Group LLC will work with the Indiana Alcohol & Tobacco Commission this week for final approval of its purchase of Save-On Liquor stores. Our partners at The Herald Bulletin report Phillip E. Miller agreed to sell the 31-location package store chain to ILG last month.
Indianapolis-based Books & Brews has announced its acquisition of Flat12 Bierwerks, also based in Indy. Financial terms of the deal are not being disclosed, however Books & Brews says it will continue to operate Flat12 under the same brand name. The acquisition is a continuation of an existing partnership between the two entities. Books & Brews says Flat12 has been a brewery partner for the past two years, brewing all of B&B's flagship and seasonal beers.
The new director of the Indiana Office of Tourism Development says she hopes to create a strategic plan to continue the growth of tourism in the state. Misty Weisensteiner began her new role earlier this month after being appointed by Lieutenant Governor Suzanne Crouch in December. The former executive director of the Orange County Economic Development Partnership says tourism and economic development go hand-in-hand and there needs to be a greater focus on that relationship.
The $17 million overhaul of Loeb Stadium in Lafayette is in its final planning stages. The Journal & Courier says the overall design of the project is complete, which includes flipping the field, an additional suite and a new entrance designed to be a more visible landmark. Lafayette Mayor Tony Roswarski unveiled plans for the reimagining of the more than 75-year-old stadium in 2017. The city council earlier this month approved a $17 million bond to fund the project.
Indianapolis-based BMWC Constructors, Inc. continues their strategic growth with leadership changes. Chairman of the Board Jim Davis retired after eight years in the role and after 30 years with the company. President and Chief Executive Officer Brian Acton will move into the role of Chairman of the Board, while remaining CEO.