business

Politics & Government
1:37 pm
Tue February 5, 2013

Lawmakers hope to boost veteran-owned businesses

A Republican state senator wants each state agency to set aside 10% of its contracts each year for veteran-owned small businesses, a move supporters say the will help reduce veteran unemployment.

Governor Mike Pence signed an executive order his first day in office establishing a goal of procuring three percent of state contracts for veteran-owned businesses. 

Proposed legislation would expand that to 10%, something American Legion state commander Richard Jewell says could help reduce veteran unemployment, which is double the state rate.

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Money
11:01 am
Thu December 27, 2012

Insurance company plans $15 million expansion

A company that provides insurance to churches and other ministries has announced it will expand its headquarters on its 30-acre campus in Fort Wayne.

Brotherhood Mutual Insurance Company will invest $15 million to build a 55,000 square foot facility, which it expects to be operational by early 2014.

The company says the move could create up to 102 new jobs in the next four years.

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Business
11:22 am
Thu November 15, 2012

Sweetwater breaks ground on new facility

Officials break ground on Sweetwater's new facility Wednesday afternoon.

Sweetwater Sound broke ground Wednesday on its expansion at the company’s headquarters along US 30.

Sweetwater President Chuck Surack joined Governor Mitch Daniels, Fort Wayne Mayor Tom Henry, and Allen County Commissioner Nelson Peters at the event.

Surack says Sweetwater will add more than 300 employees over the next four years, with an eye toward hiring even more if business keeps booming.

Surack says a business model focusing on customer service has kept Sweetwater expanding, but his location in Northeastern Indiana has been key, as well.

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