Business Briefs April 27

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Montana Mike’s closed for remodeling

GREENFIELD — Montana Mike’s Steakhouse in Greenfield is undergoing renovations to improve customer experience and service, the company announced last week. 

Customers can stay tuned for updates on the remodeling process and details on their reopening date by following their Facebook page, the company stated.

Indianapolis cup event slated for May 6

INDIANAPOLIS — Featuring more than 25 coffee companies, bakeries, breweries and distilleries from across the Midwest, the 2018 Indianapolis Cup event on Sunday, May 6 will be a sensory and educational experience, according to a press release. Hosted by Tinker Coffee Co. and presented by Modbar, the 2018 Indianapolis Cup will take place at the Biltwell Event Center, 950 South White River Parkway West Drive, on the southwest side of Indianapolis. Additional sponsors include Atlas Coffee, Genuine Origin and Theta Ridge Coffee.

Visitors will be able to sample coffee, beer, wine and baked goods from businesses across the state.

Tickets are currently available for purchase at indycup.eventbrite.com

PNC releases positive annual economic outlook report for Indiana

GREENFIELD — PNC Bank’s spring 2018 survey shows that small- and mid-sized business owners in Indiana have steady optimism about the prospects for the national economy, their local economies and their own companies, according to a press release. Hiring expectations will remain flat, they said.

Indiana’s unemployment fell to 3.2 percent in the first quarter of 2018, lower than the national average. This may pose an obstacle for employers looking to hire as the state is experiencing a tight labor market, PNC said. Leisure and hospitality services declined in 2017, which indicates consumers are not spending. Manufacturing, transportation and utilities were weaker than recent years’ trends.

With support from tax cuts and an increase in federal spending, U.S. economic growth will accelerate in 2018 and the labor market will continue to tighten, PNC said. To prevent the economy from overheating, the Federal Open Market Committee will continue to gradually raise the federal funds rate throughout 2018, according to a news release.

Financial Center First CU Names New VP of Human Resources

INDIANAPOLIS — Financial Center First Credit Union has promoted Gina Johnson to vice president of human resources. Johnson has been a valuable resource to Financial Center since 2006, having previously served as Financial Center’s Director of Human Resources from 2014 – 2018, the company stated.

In her new role, Johnson will broaden the credit union’s strategic direction of human resources and talent management.