Purdue trims president’s pay, breaks new ground for executive compensation WEST LAFAYETTE – The Purdue University Board of Trustees on Saturday approved an employment contract for incoming president Mitchell E. Daniels Jr. that lowers the base pay and includes performance bonuses based on critical goals such as increased graduation rates and affordability. “Gov. Daniels proposed a…
Jasper — Jasper Engine Exchange, Inc. (Jasper Engines), an engine and transmission remanufacturer, announced plans today to expand its headquarters here, creating up to 40 new jobs by 2016. The homegrown-Hoosier company, which remanufactures drivetrain components, will invest $550,000 to update and equip its current 367,000 square-foot facility at 815 Wernsing Road in Jasper. The expansion will…
Ohio Valley Resources LLC (OVR) has selected Spencer County, IN, as the home for its new billion-dollar nitrogen fertilizer plant. The state-of-the-art facility will be located on approximately 150 acres in Spencer County north of Rockport. In September, OVR announced it was considering the Spencer County site along with a location near Owensboro, Kentucky. Doug…
Indianapolis — Rep. Mark Messmer (R-Jasper) was assigned to serve as the Chairman of Commerce, Small Business and Economic Development according to an announcement by House Speaker Brian C. Bosma (R-Indianapolis). Bosma announced the committee assignments and leadership appointments for the Indiana House Republican Caucus today. The positions are selected biennially by the majority party…
Jasper — Traffic signals at the Jasper “Y” were changed over the weekend. Effective this past weekend, the Indiana Department of Transportation (INDOT) has made adjustments to the signal light at the east end of the Jasper “Y”. This is the intersection where U.S. 231 veers southbound and State Road 56 heads west. With the new adjustments,…
River otters are expanding in Indiana and now occupy much of their historic range, representing a success story for wildlife conservation. Hoosiers now have a good chance of seeing river otters in many Indiana watersheds, a memory that will last a lifetime. Officially considered extirpated from Indiana by 1942, river otters were absent from the…
INDIANAPOLIS, Ind. – Governor Mitch Daniels said today that Hoosiers who file individual returns next year will receive a credit of $111 and joint filers will receive a credit of $222 because of the state’s automatic taxpayer refund (ATR). “We insisted on a per capita refund for two reasons: first, maximum simplicity, as seen on…
Ferdinand Public Library Wins 2012 “Excellence in Commercial Masonry & Hardscape/Landscape” Award Ferdinand-based Universal Design Associates, Inc., has received the 2012 “Excellence in Commercial Masonry & Hardscape/Landscape” Award from The Indiana Concrete Masonry Association, Midwest Masonry Council, and International Masonry Institute, for the Ferdinand Public Library project design. The awards jury chose projects for outstanding design utilizing…
JASPER — German American Bancorp, Inc. (Nasdaq:GABC) reported third quarter earnings of $6.3 million, or $0.50 per share, representing the latest in the Company’s series of record quarterly earnings performance having achieved record net income in each of the past seven consecutive quarters. Here is the complete press release with financial statements. The current year third…
