Kokomo Tribune; Kokomo, Indiana

Business

December 11, 2011

Business briefs - Sunday, Dec. 11, 2011

Careers

PERU — The Indiana State Police Peru Post has recognized two of its civilian employees, Cathy Shuler and Pam Woodhouse, for their more than 25 years of service.

Woodhouse, a Miami County resident, began working for the state police as the Peru post’s secretary. After 13 years, she switched to her current position of evidence clerk. Her responsibilities include categorizing, storing and releasing evidence.

Shuler, also a Miami County resident, worked as an investigative clerk for nine years before she became an investigative secretary. She is responsible for all information and documents associated with the criminal investigations division.

Recognition

Indiana University Kokomo Chancellor Michael Harris’ work with transforming the region’s economy earned him a speaking spot during a national conference in Washington, D.C.

Harris participated in a panel discussion during a three-day conference titled “Accelerating Regional Solutions: Finding Unique Pathways to American Prosperity.” The meeting addressed a move toward regionalism in economic development.

Harris is a proponent of developing economies based on knowledge, innovation and entrepreneurship.

•••

Kokomo received recognition in the Indianapolis Business Journal last week with a story about corporate investments that have advanced the city’s economy.

The article focuses on Chrysler Group LLC’s approximately $1.3 billion investment in retooling its Kokomo transmission plants, as well as other, smaller investments.

The story is available in

the Dec. 5 issue on pages

17 through 21.

Openings

Liram LLC last week opened a North Washington Street facility that will house robotics component company AndyMark.

Liram, a recently formed property management firm, received $155,000 from the city of Kokomo’s Technology and Industry Revolving Loan Fund.

The RLF program finances gaps in loans from private investors and banks at low interest rates for Howard County businesses planning expansions.

For more information on the program, contact the city’s Department of Development at 765-456-7375.

Events

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Business
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  • Russia's Severstal selling US plants for $2.3B NEW YORK (AP) — Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened san

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  • BIZ - KT072014 - Ford acquisition - secondary pic Howell acquires Kokomo Ford franchise rights A few years ago, the owners of Brad Howell Ford and Kokomo Auto World threw around the possibility of Howell acquiring Kokomo’s Ford franchise rights from the latter, but things didn’t work out. The conversation was rekindled over the holidays during

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  • Wall Street [Duplicate] US stocks trading higher on company earnings Stocks headed for a higher close late Friday afternoon, rebounding on a wave of strong corporate earnings from Google, Honeywell and other big companies. Bank holding company Huntington Bancshares and furniture maker Knoll were among the big gainers.

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  • Indiana jobless rate up slightly to 5.9 percent INDIANAPOLIS (AP) — Indiana's unemployment rate rose slightly to 5.9 percent in June, marking the state's first increase in almost two years. Figures released Friday by the state Department of Workforce Development show Indiana's jobless mark went up

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  • Microsoft to cut up to 18,000 jobs over next year REDMOND, Wash. (AP) — Microsoft says it will eliminate up to 18,000 jobs over the next year as it works on integrating the Nokia devices business it bought in April. With the Nokia deal, Microsoft's employee headcount rose from about 99,000 last year

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  • General Motors Congress [Duplicate] Senate panel examining role of GM legal department WASHINGTON (AP) — A Senate panel will pose questions to a new set of key players Thursday as it delves deeper into General Motors' delayed recall of millions of small cars. GM CEO Mary Barra will certainly be asked about how she's changing a corporat

    July 17, 2014 1 Photo

  • Wall Street [Duplicate] US stocks up in afternoon trading on earnings news Strong company earnings helped edge U.S. stocks higher in afternoon trading Wednesday, on pace to bounce back from a mixed finish a day earlier. Investors also welcomed news that Time Warner received a takeover offer from Twenty-First Century Fox, th

    July 16, 2014 1 Photo

  • Maine lobster fishing season off to slow start ROCKLAND, Maine (AP) — The cold winter is still being felt in the waters off Maine, where the nation's largest lobster fishery is off to a slow start. The season typically picks up after the bulk of the lobster population sheds its shells and reaches

    July 16, 2014

  • GM proposes $27 million Bedford plant investment BEDFORD (AP) — General Motors has proposed investing $27 million at a southern Indiana casting plant for machinery, equipment and tooling needed to produce aluminum engine blocks. The automaker filed a tax abatement request for the Bedford factory pr

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