Lake City Bank Reports Record Year

Warsaw-based Lakeland Financial Corp. (Nasdaq: LKFN) is reporting record full-year net income of $95.7 million in 2021, up from $84.3 million the previous year. The parent of Lake City Bank says the results can be attributed to growth in net interest income and lower provision expense.... Read More

Franciscan Health Rensselaer Targets Childcare Shortage

Franciscan Health Rensselaer is partnering with Appleseed Childhood Education to address the shortage of licensed childcare providers in Jasper County. The Mishawaka-based health system says it is leasing a building on its Rensselaer hospital campus to the nonprofit, which will use it to open a licensed early learning center.... Read More

Hoosier Pie Trail Offers Chance to Win Prizes

The Indiana Destination Development Corp. is encouraging Hoosiers to blaze the Hoosier Pie Trail from 'Pie Day-to-Pi Day’ with the Indiana Culinary Trails Passport. The department says anyone who checks in at two restaurants on the Hoosier Pie Trail will earn a custom t-shirt and be entered to win free pie for a year from Mrs. Wick's Pie.... Read More

Steel Dynamics Reports Record Profit

Fort Wayne-based Steel Dynamics Inc. (Nasdaq: STLD) is reporting record full-year net income of $3.2 billion in 2021, up from $551 million the previous year. Chief Executive Officer Mark Millett says domestic steel demand was strong throughout the year, supported by the construction, automotive, and industrial sectors.... Read More

Newpoint Services Acquires Ohio Company

Indianapolis-based building services contractor Newpoint Services has acquired Globe Window Cleaning in Ohio. While financial terms of the deal were not disclosed, Newpoint Services says the expansion will double its operations and grow its capabilities.... Read More

Assisted Living Community to Open in Anderson

Gardant Management Solutions in Illinois is preparing to open Sweet Galilee at the Wigwam, an affordable assisted living community for senior citizens in Anderson. When fully occupied, Gardant says the community will create 50 full- and part-time jobs.... Read More

Celadon Execs Could Soon Head to Court

A criminal case against two former executives from Indianapolis-based Celadon Group Inc. could begin soon in court. Our partners at the Indianapolis Business Journal report, however, the pandemic could further delay the case.... Read More

Sporting Goods Maker Completes Brunswick Acquisition

Evansville-based Escalade Inc. (Nasdaq: ESCA), a sporting goods and recreation equipment provider, has acquired the assets of the Brunswick Billiards business in Wisconsin. While financial terms of the previously-announced acquisition were not disclosed, Escalade says Brunswick Billiards will help it further expand its product offering and consumer reach.... Read More