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Legal fight over South Bend's ethanol plant
WSBT-TVSOUTH BEND – A legal battle could decide whether South Bend's ethanol plant will be liquidated or reopen for business. A Texas company wants to buy the plant and says last month's bankruptcy sale to two liquidators is illegal. Attorneys for...Tags: Biofuels, Economy, Business and Finance, Bankruptcy, Justice System, Crime, Law and Justice
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Firm holds out hope for reopening of South Bend ethanol plant
SOUTH BEND (AP) — The president of a company that saw Indiana's oldest ethanol plant sold as part of bankruptcy proceedings say he hopes the liquidators who purchased the facility might reopen it. But a Purdue University professor who follows...
Tags: Biofuels, Economy, Business and Finance, Bankruptcy, Environmental Issues, Financially Distressed Companies
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UPDATE: Cequent workers accept plant closure agreement
GOSHEN -- It's hard to vote against a sure thing. United Steelworkers Local 9550, which represents about 350 members at Cequent Performance Products, voted Friday evening to accept the closure agreement offered by the company. The vote was held at...
Tags: Elections, Economy, Business and Finance, United Steelworkers, Arbitration, Politics
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Could Navistar be selling off Monaco RV?
WAKARUSA – Navistar tells WSBT it is actively looking for buyers for Monaco RV, and here's why: The company wants to improve its return on invested capital. "We are not in a position that we ‘have to’ sell the business," said Steve...
Tags: Monaco, Economy, Business and Finance, Bankruptcy
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Dousing hot spots before launching full probe into Mishawaka fire
MISHAWAKA – Firefighters Tuesday evening were still tackling the fire at the old RMG Foundry. The flames out are, but hot spots are still the issue. More than 200 RVs, boats and collectible cars went up in flames and the building next to the...
Tags: Economy, Business and Finance, Car Safety Tips and Advice, Plant Openings
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Judge OKs New Energy sale
South Bend TribuneSOUTH BEND -- The New Energy Corp. ethanol plant cost more than $180 million to build in the early 1980s. But when it was sold at auction last week as part of the company's Chapter 11 bankruptcy proceedings, the winning bid came in at just $2.5 million....Tags: Biofuels, Lawyers, Bankruptcy, U.S. Department of Energy, Justice System
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Former Whitley workers start their job search
WSBT-TVPLYMOUTH - It's been a week since 110 workers lost their jobs due to a plant closing in Marshall County. And now some of them are trying to get back to work. Whitley Products in Plymouth closed last Wednesday after 35 years, saying they didn't have...Tags: Economy, Business and Finance, Career and Workplace, Unemployment, Plant Closings
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Plymouth manufacturer may not have needed to issue WARN notice
PLYMOUTH – A Plymouth manufacturer has suddenly shut its doors, taking its 110 workers and the city by surprise. Many of them are upset the company didn't give proper notice of the plant closing. The federal WARN act says 60 days notice must be...
Tags: Economy, Business and Finance, Career and Workplace, Employees, Plant Closings
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Convicted financier says he can't afford a lawyer
INDIANAPOLIS (AP) — An Indiana financier and former chief executive of National Lampoon who was convicted of swindling investors out of about $200 million says he can't afford to hire an attorney to handle his appeal. In federal court documents...
Tags: Lawyers, Bankruptcy, Justice System, Fraud, Financially Distressed Companies
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Thor's new home base to be in Elkhart
South Bend TribuneThor Industries Inc. announced Wednesday that it will move its corporate headquarters to Elkhart from its current location in Jackson Center, Ohio. The company expects to complete the move this spring. "Given our commitment to the RV industry, we want...Tags: NYSE Euronext, Inc., Economy, Business and Finance, Stock Market, Corporate Officers, Thor Industries Incorporated
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Chrysler seeks tax incentives on vacant Ind. plant
TIPTON, Ind. (AP) — Chrysler Group is seeking tax incentives for a sprawling Indiana plant that was the heart of a deal with a German company that the automaker pulled out of in 2008. Chrysler spokeswoman Jodi Tinson confirmed Tuesday that the...Tags: Chrysler Group LLC, Economy, Business and Finance, Bankruptcy, Automotive Equipment, Manufacturing and Engineering
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New jobs in Warsaw's future
WSBT-TVWARSAW – Dozens of new jobs could soon be coming to Warsaw. Micro Machine Company, an orthopedic medical device maker, has announced plans to build a new manufacturing facility in Warsaw, creating up to 60 new jobs by 2015. The Kalamazoo, Mich.-...Tags: Instrument Engineering, Economy, Business and Finance, Warsaw (Poland), Corporate Officers, Labor Markets
Feb 27, 2013
|Story| WSBT-TV
Feb 24, 2013
|Story| AP Broadcast
Feb 23, 2013
|Story| WSBT-TV
Feb 13, 2013
|Story| WSBT-TV
Feb 12, 2013
|Story| WSBT-TV
Feb 5, 2013
|Story| South Bend Tribune
Jan 29, 2013
|Story| WSBT-TV
Jan 24, 2013
|Story| WSBT-TV
Dec 18, 2012
|Story| AP Indiana
Jan 9, 2013
|Story| South Bend Tribune
Dec 11, 2012
|Story| WSBT-TV
Dec 5, 2012
|Story| WSBT-TV
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