The U.S. Department of Defense has awarded a contract to Pendleton-based ALLTRACK Inc. The contract, valued at a maximum of $10 million, calls for railroad maintenance and repair services at Naval Support Activity Crane in southwest Indiana.
ALLTRACK was founded in the late 1980s and provides railroad construction and maintenance work, according to its website. The company is being tasked with providing a variety of services, including replacement of rails, ties, crossings and accessories, surfacing, alignment and ditch maintenance.
The DOD says no task orders have been issued yet, but all of the work will be performed at Crane and is expected to be complete by March 2023. The Naval Facilities Engineering Command in Virginia is the contracting activity.
By Anthony Harcourt Portfolio Manager, Bedel Financial Consulting Inc.
Investors understand the importance of having a proper balance of large-, mid-, and small-cap companies in their stock portfolios. Unfortunately, there are no strict rules followed by index funds when categorizing by company size. When you "check under the hood" of your portfolio, you may discover you’re taking more (or less) risk than you intended! What Is Market Cap? Market capitalization, or market cap, is a term used to represent the size of a company.
The city of Fishers is one of 12 finalists for the Robert Wood Johnson Foundation Culture of Health Prize. The award honors "communities that are bringing partners together around a shared commitment to health, opportunity, and equity."
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Indiana once again led the nation in steel production in 2018. Jake Murphy with the American Iron and Steel Institute tells our partners at The Times of Northwest Indiana steel mills throughout the state made 26.7 million net tons of steel last year, up from 24.1 million in 2017.
The president of the Northwest Indiana Regional Development Authority says the South Shore Line West Lake Corridor project will create a crucial "Hoosier gateway in Chicago." The more than $700 million project has received a positive project rating from the Federal Transit Administration, putting it a step closer to up to $440 million in federal funding. Bill Hanna says the rail extension will help Hoosier workers connect to jobs in Chicago that often pay more...
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