The parent company of Michigan City-based Horizon Bank has earned national recognition as one of the country's top community banks.
What had been billed as the moment when financiers would potentially endorse Lake County's trash-to-ethanol plan became another in a long line of failures of a would-be developer to produce, some county officials said Thursday.
Some county solid waste officials remain unconvinced trash-to-ethanol developer Powers Energy of America will secure financing from a major U.S. oil company.
Powers Energy of America remained in breach of contract with Lake County's solid waste board but was given another month to try to prove it can finance its long proposed trash-to-ethanol plant.
Lake County's trash-to-ethanol saga will continue — at least another 30 days — after solid waste district officials decided developer Earl Powers satisfied two benchmarks toward filling a perceived breach in his contract.
As the next deadline nears for developer Earl Powers to prove he's making progress on the proposed trash-to-ethanol plant, it's now clear that Powers hasn't made much progress in the years since he signed the contract with the Lake County Solid Waste Management District.
Earl Powers holds a license to use a chemical company's trash-to-ethanol process but has not yet closed on a deal for the blueprints, a Lake County solid waste attorney said.
More than two months after would-be trash-to-ethanol developer Earl Powers walked out on a meeting with Lake County solid waste officials, he has issued a letter of apology.
After three years of waiting for Earl Powers to fulfill his contract of bringing a trash-to-ethanol plant to Lake County, solid waste district officials said Thursday their patience had run out.
The Indiana secretary of state's securities division finalized a settlement with national securities firm Raymond James regarding allegations the firm misled investors about the safety of the auction rate securities market, Indiana Secretary of State Charles White announced Thursday.
CHESTERTON | The Chesterton/Duneland Chamber of Commerce is pleased to announce a new monthly educational series called Sunrise Seminars. This month join expert Bert Miller with Raymond James and Associates on July 7, 2011 at 8 a.m. at the Library Service Center, 100 Indiana Avenue in Chesterton.
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