Business Briefs – May 8

0
254
Business news stock image

Shirley biz to create more jobs

SHIRLEY — Tech Castings LLC, a Shirley-based commercial and military aerospace manufacturer, was recently awarded up to $310,000 in grants to create 44 new jobs by 2019.

Indiana Economic Development Corp. offered a $30,000 grant from the skills enhancement fund for training for the company’s Hoosier employees. 

The program will provide reimbursement for a wide variety of training costs during a two-year period. 

It also is offering up to $310,000 in Economic Development for a Growing Economy tax credits if the company creates 44 net new full-time positions for Hoosiers earning an average wage of $18.20 per hour by 2019.

Housing data shows increase in sales

GREENFIELD — A one-month review of local housing data showed an increase in the average and median sales price in Hancock County.

According to a report from the Metropolitan Indianapolis Board of Realtors, median sales prices increased by about 4 percent in March and decreased by 1.5 percent for the quarter compared to one year ago.

New listings decreased by about 19 percent in March and decreased by 1 percent for the quarter ending in March, the report showed.

Closed sales for the quarter increased by about 4 percent, but overall, they dropped nearly 21 percent in March compared to the same time last year. 

Miller earns hall of fame award

NEW PALESTINE — Sue Miller of RE/MAX Realty Group in New Palestine was recently awarded the RE/MAX Hall of Fame Award.

Less than 25 percent of all RE/MAX affiliates have received the award, which honors agents who have earned more than $1 million in commission during their careers.

Miller, who has worked in the real estate industry for more than 25 years, has won five President Club Awards and eight Executive Club Awards.

Local tech giant to be honored

GREENFIELD — Chris Baggot, founder of Tyner Pond Farms, a direct-to-customer livestock operation in Greenfield, was recognized this month as Indiana’s 2015 Trailblazer in Technology.

He accepted the award May 2 during TechPoint’s 16th annual Mire Awards, which recognize the best of tech in Indiana.

Trailblazers are bold risk-takers and innovators who inspire others, said TechPoint president and CEO Mike Langellier.

Baggot co-founded ExactTarget (now Salesforce marketing Cloud) and business blogging and content marketing company Compendium (now Oracle Content Marketing).

In 2013, both companies were sold as he started new ventures in Hancock County.

Now he works in the food and agriculture business as chairman for Husk Foods and Tyner Pond.