Kokomo Tribune; Kokomo, Indiana


June 8, 2014

Business briefs, June 8, 2014

Farm Credit breaks ground for new office

Farm Credit Mid-America, an agriculture lending cooperative serving farmers, rural residents and agribusinesses throughout Indiana, Ohio, Kentucky and Tennessee, broke ground April 29 for a new office in Kokomo, to be located at the intersection of Indiana 22 and County Road 300 East.

“We’re currently in a rented space here in Kokomo,” said Brian Troyer, senior financial services officer at Farm Credit. “This new office will be a permanent investment in the community. When complete, the office will be approximately 6,400 square feet with 20 total desk spaces. This convenient location with updated technology will offer a lot of benefits to our customers. We look forward to serving our Cass, Howard, Miami and Tipton county customers from this new office.”

Farm Credit will continue to build and renovate offices across its four-state territory. The new Kokomo Farm Credit office is expected to be completed by late fall.

International Paper breaks safety mark

International Paper’s Midwest Sheets Plant in Tipton recently achieved a significant safety milestone. The 65 team members at the plant surpassed three years without an Occupational Safety and Health Administration recordable safety incident.

The IP Midwest Sheets plant, part of the company’s Container The Americas (CTA) business, was recognized by IP Senior Vice President, CTA, Bill Hoel.

“Your commitment to working safely is successful because the Midwest Sheets team consistently displays safety leadership and has the right behavior to immediately act on a safety solution,” Hoel said.

A recordable incident is defined as a work-related accident resulting in the use of prescription medication, medical treatment beyond first aid, loss of consciousness, days away from work restricted work, or transfer to another job.

Comcast rolls out new WiFi hotspots

Hoosiers and visitors alike across Indiana will soon be able to access more than 80,000 Xfinity WiFi hotspots as Comcast begins rolling out Wi-Fi access points in Indiana this month. Fort Wayne became the first market in Indiana to launch this new service by lighting up 13,000 hotspots, and the communities of Lafayette, Bloomington, Kokomo and Indianapolis launched this week.

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  • Full appeals court upholds labels on meat packages WASHINGTON (AP) — A federal appeals court has upheld new government rules that require labels on packaged steaks, ribs and other cuts of meat to say where the animals were born, raised and slaughtered. The meat industry has attempted to block the rul

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    July 27, 2014 1 Photo

  • CORRECTION Fast Food Workers Convention-3 [Duplicate] Fast food workers prepare to escalate wage demands CHICAGO (AP) — Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers will discuss the future of the effort th

    July 25, 2014 1 Photo

  • Resilient Stocks [Duplicate] Global tensions don't dent enthusiasm for stocks A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky. And the U.S. stock market's response? After dipping briefly on the bad news, it climbs higher. The market's resilience

    July 25, 2014 1 Photo

  • Earns General Motors [Duplicate] GM profit 2Q falls 85 pct. on recall costs DETROIT (AP) — Recall costs chopped $1.5 billion from General Motors' bottom line in the second quarter, cutting its net income by 85 percent. The automaker, which is in the midst of the worst recall crisis in its history, posted a net profit of $190

    July 24, 2014 1 Photo

  • China McDonald's KFC [Duplicate] Boss of company in China meat scandal apologizes BEIJING (AP) — The chairman of an American meat supplier apologized Thursday for a Chinese subsidiary that is accused of selling expired beef and chicken to restaurants including McDonald's and KFC. Fast food chains in China suspended use of products

    July 24, 2014 1 Photo

  • IMF sees US growth at weakest since recession WASHINGTON (AP) — U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter. But the global len

    July 23, 2014

  • Wall Street [Duplicate] US stock slip to start the week; Six Flags sinks NEW YORK (AP) — The stock market drifted lower to start the week as more companies lined up to post their quarterly earnings. Mounting tensions between Russia and the West over the downed plane in Ukraine also occupied investors' attention. KEEPING S

    July 21, 2014 1 Photo

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