Business

By: April Lemen— Muncie, IN – Coldwell Banker Commercial Lunsford has been named the 2016 #1 Office in the State of Indiana for Coldwell Banker Commercial.  This designation is based on Closed Adjusted Gross Commission Income. “We greatly appreciate the recognition by Coldwell Banker Commercial.  They provide us with a platform second to none which enables us to provide an extra level of service and expertise to our customers and clients.  Monte Brown, CCIM, CPM, VP of Commercial Sales and…

By: Amanda Price— Muncie, IN— DANNAR announced today that Rick Busby has joined the company as Director of Innovation and Technology to support the future research and design of new technology initiatives. Busby is an accomplished product developer, program manager and inventor with over 30 years of experience in the defense, consumer electronics and manufacturing industries. He joins DANNAR after nearly 11 years at Xtreme ADS in Anderson, IN, where he served as Chief Technology Officer and was the principal architect…

By: Andrea Batchelor— Muncie, IN—U-Haul® will soon be showcasing a modern self-storage facility in northeast Muncie thanks to the recent acquisition of a former Kmart® store at 1501 E. McGalliard Road. U-Haul acquired the vacant 86,250-square-foot warehouse on Aug. 2. U-Haul Moving & Storage of Morningside has opened a temporary showroom and is currently offering truck and trailer sharing, towing equipment, moving supplies and U-Box portable moving and storage containers. “This deteriorating building had been sitting empty for three years,”…

By: Tracy Dishman— Nick and Patrick Rieth, owners of Reith Brothers, is an Innovation Connector success story. The Rieth Brothers are two young entrepreneurs passionate about telling great stories through digital media. They operate their business out of the Innovation Connector in Muncie, Indiana, creating videos for local businesses and organizations, and producing films for themselves and other artists. Rieth Brothers is a digital media company that combines both brother’s skill sets. Nick is a 2015 graduate of Ball State…

Muncie, IN — Muncie Mall will welcome Redemption Alewerks in fall 2017 to its line-up of more than 70 retail, dining and entertainment options. The 650 square foot brew pub will be located in the common area outside of Macy’s. “Muncie Mall is excited to further diversify and expand our retail roster with Redemption Alewerks,” said Michele Meregaglia, General Manager at Muncie Mall. “We strive to meet shopper demand by providing dynamic national and local brands and retail concepts, as well as family-friendly…

By: Muncie-Delaware County Economic Development Alliance— Muncie, IN—The City of Muncie, Cardinal Greenways, INDOT and KPEP—the Kitselman Pure Energy Park—continue in cooperation to revitalize the former Indiana Steel and Wire and King Indiana Forge  brownfield factory areas on the east side of Muncie. “People traveling along East Jackson Street have noticed the early beginnings of the reconstruction efforts with the installation of construction fencing around Indiana Steel and Wire”, says Mayor Dennis Tyler.  “Soon, INDOT will be installing temporary signals…

Muncie, IN—First Merchants Corporation (NASDAQ – FRME) reported record second quarter 2017 net income of $24.1 million, compared to $20 million during the second quarter of 2016. Earnings per share for the period totaled a record $.57 per share, an increase of $.08 per share, or 16.3 percent, over the same period in 2016. Year-to-date net income totaled a record $47.3 million, compared to $37.7 million during the same period in 2016. Earnings per share for the six months ended…

By: Emily Kibling— Muncie, IN – The Demolition Phase has successfully been completed on the former Indiana Steel & Wire property and the Kitselman Pure Energy Park (KPEP) has the green light to enter into the Construction Phase. The development is part of the larger Kitselman Gateway initiative, which also includes the State Highway 32 bridge replacement, the Kitselman Trailhead development and the redevelopment and installation of historic Bridge 85, or the Albany Bridge. “The work done to this point has…

By: Mike Rhodes— Muncie, IN—The Indiana Sheriffs’ Association (ISA) held their 87th Annual Conference at the Horizon Convention Center, July 14th through the 16th. According to Delaware County Sheriff Ray Dudley, “The Indiana Sheriffs’ Association is represented by 92 sheriffs for all 92 counties in the State of Indiana.  I was proud to invite them here, particularly because of the way we’ve redone our downtown and the convention center and the hotel. I think everyone in the county, as a…