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Business

  • Peoples Bancorp yearly earnings up 30%
    Peoples Bancorp today reported fiscal 2014 earnings of $3.4 million, or $1.47 per diluted common share, a 30 percent increase from the $2.6 million, or $1.11 a share, posted for the previous 12 months.
  • Ossian auto-parts supplier to add 70 jobs
    A Wells County auto parts supplier is expanding its workforce by about 50 percent, officials announced today.
  • TI Automotive expanding, adding jobs
    TI Automotive in Ossian, Ind. announced today they will invest $10 million into their Wells County manufacturing facility in the form of new process equipment.
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Fort Wayne area climbs nationwide business ranking

Fort Wayne has seen strong gains in job growth, according to an annual report.

The Milken Institute, a non-profit, nonpartisan, economic think tank recently released its Best-Performing Cities Index, and the Fort Wayne metropolitan statistical area, which includes Allen, Whitley and Wells counties, ranked 13 out of 200 cities nationwide in job growth from May 2011 to May 2012.

The Fort Wayne MSA also climbed 68 spots up from last year in the overall ranking category from 127 to an overall ranking of 59. Indianapolis was ranked 51.

The information was released Monday morning by the Northeast Indiana Regional Partnership.

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