Sweetwater Founder Takes Control of 'The Clyde'

Posted: Updated:

The founder and president of Fort Wayne-based Sweetwater has taken over full ownership of a historic building in the Allen County city. Our partners at WPTA-TV report Chuck Surack, who previously held a majority ownership of the Clyde Theatre, received total control of the property at the end of 2018.

Surack was instrumental in the renovation of the Clyde Theatre, which was completed last year. He and his wife, Lisa, contributed to the project, along with Sweetwater and the Indiana Economic Development Corp., which provided $1 million in Regional Cities Initiative funding. 

"There are so many things to be excited about," Surack told WPTA. "It’s not making Sweetwater bigger. It’s not more employees. What I’m excited about is helping people fulfill their dreams and aspirations. Whether that’s a little one playing guitar and keyboards or adult playing in a band or a songwriter in their home studio or professional musicians playing on the stage… I just love that we’re helping people fulfill their dreams and aspirations."

The building opened in 1951 as a movie theater and was purchased for $500 at a tax sale by Rick Kinney, who planned to transform it into a live performance and special events venue, according to the state. The renovation effort totaled about $9 million.

  • Perspectives

    • Ahh…Yes! Turning a Hot Mess into a Cool Breeze

      "Problems cannot be solved by the level of thinking that created them," is attributed to Einstein over 75 years ago. This still holds true, particularly in challenging communications. Many people address conflict at the level it was created by rehashing and building more evidence for their ‘side’ of an argument. Repeating a position tends to intensify the separation of people.



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • Bob Stutz

      New Role For Salesforce Exec

      After three years on the job, Salesforce Marketing Cloud Chief Executive Officer Bob Stutz is moving into a new role. Stutz, who will remain in Indianapolis, is now executive vice president of strategic partners at Salesforce (NYSE: CRM).  Since arriving in Indianapolis, Stutz has overseen the establishment of the company’s regional headquarters in downtown Indianapolis, which included the Salesforce name being placed atop the state’s tallest building.

    • Red Star announced plans to expand and add 18 jobs.

      Larwill Medical Device Maker to Expand, Add Jobs

      A Whitley County-based medical device maker has announced plans to expand its facility in Larwill which should mean new jobs. Red Star Contract Manufacturing Inc. says it will invest $1.6 million in real estate improvements and additional equipment and will create 18 new jobs by 2022. 

    • Purdue Global Now Offers Analytics Degree

      The U.S. Bureau of Labor Statistics reports that jobs in the field of data analysis are projected to grow 26 percent over the next ten years. Acting upon that data, Indianapolis-based Purdue University Global has launched a new Bachelor of Science degree program in analytics. 

    • Regal Beloit is closing in Valparaiso. (photo courtesy; The Times of Northwest Indiana)

      Valpo Bearings Plant to Close, Eliminating 160+ Jobs

      Wisconsin-based Regal Beloit Corp. and the union representing workers have reached an agreement about the closing of a helicopter bearing factory in Valparaiso. According to our partners at The Times of Northwest Indiana, the decision will cost between 160 to 170 workers their jobs. 

    • (image courtesy of The Times of Northwest Indiana)

      U.S. Steel Updates Layoff Notice to State

      Pittsburgh-based U.S. Steel Corp. (NYSE: X) has updated the State of Indiana regarding its previously announced layoffs at the East Chicago Tin Mill. The company says 314, rather than 307, workers will be displaced when the mill is idled this fall.