Consolidated Grain and Barge Co. (CGB), a leader in the grain and transportation industries since 1970, announced plans today to expand its operations at the Port of Indiana-Mount Vernon, investing more than $31 million to increase its soybean processing capabilities in southwest Indiana.“Indiana is a state known around the world for building things and growing things, and because CGB plays a key role in both, this soybean processor is helping advance our economy,” said Governor Mike Pence. “After processing soybeans in southwest Indiana for nearly twenty years, CGB knows firsthand the benefits of operating in a state that works for business. This latest $31 million expansion is a testament to CGB’s confidence in Indiana and the Hoosiers who keep this company growing.”CGB’s processing plant was constructed in 1997, at that time processing 65,000 bushels of soybeans each day into soybean meal, soybean oil and soy hull pellets for both food and industrial uses. Since its initial construction, the plant has continued to grow its capacity. With this expansion, the plant will have more than doubled its original size. Just one bushel of soybeans can produce 11 pounds of soy oil, which is commonly used for cooking, biodiesel and other industrial applications, and nearly 49 pounds of soymeal and soy hulls, which serve feed mills, poultry manufacturers and hog farmers.“CGB is excited to announce the growth of its Mount Vernon location,” said Steve O’Nan, senior vice president of CGB. “The soybean processing industry is very competitive, and this investment will allow us to remain competitive in the future. We are proud to be a part of Indiana agriculture and, with this expansion, will remain an important part of southwest Indiana’s agriculture community for many years to come.”The company’s expansion, which will create five new Hoosier jobs with salaries above the state’s average wage, will increase servicing opportunities for Indiana’s soybean farmers and increase product supply for agribusiness customers. Soybeans are the second-most planted field crop in the United States, and Indiana ranks third in the country for soybean production.“Whenever and wherever we can, we seek to add value to our commodity products, and CGB’s expansion represents just that,” said Ted McKinney, director of the Indiana State Department of Agriculture. “With increased processing capabilities, this will strengthen the Indiana soybean industry and afford more opportunities for farmers in southern parts of the state. This is welcomed news for Indiana agriculture.”CGB is headquartered just outside New Orleans, Louisiana, and is jointly owned by two Japanese organizations – Itochu Corporation and ZEN-NOH, a federation of agricultural cooperatives. The company’s Posey County facility is the only processing facility owned by the company, and its strategic location allows for multiple logistics options, including inbound and outbound barge, rail and truck transportation as well as outbound container shipping options. Roughly 60 percent of the facility’s volume is shipped via barge, utilizing the Port of Indiana-Mount Vernon.“CGB is an outstanding company and this expansion makes a powerful statement about its commitment to a strong future for soybean processing in southwest Indiana,” said Phil Wilzbacher, port director at the Port of Indiana-Mount Vernon. “No other company has harnessed the logistics benefits of the Ohio River to serve the Indiana agriculture community better than CGB. This long-term Ports of Indiana partner has fully leveraged our port’s barge and rail connections to develop significant competitive advantages which has guided its continued growth and investment in southwest Indiana.”CGB Enterprises Inc. provides an array of services for producers, from buying, storing, selling and shipping of the crop, to financing and risk management. Natural extensions have included soybean processing, fertilizer products, as well as global transportation and logistics operations. The company has an extensive network of nearly 100 grain elevators and terminals and serves food and feed customers in the United States and around the world. CGB employs more than 2,500 associates in the country, including more than 300 in Indiana and more than 100 in Posey County alone.“CGB is a highly valued partner in Mount Vernon,” said Mayor G. William Curtis. “The company offers sustained growth; good, high-paying jobs and adds economic diversity to our community. We are very pleased with the company’s expansion at the port.”The Indiana Economic Development Corporation offered Consolidated Grain and Barge up to $45,000 in conditional tax credits based on the company’s investment plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Posey County approved additional incentives at the request of the Posey County Indiana Economic Development Partnership.FacebookTwitterCopy LinkEmail
Channel 44 News: Indiana Celebrates Grand Opening of First Opioid Based Treatment CenterOCTOBER 25TH, 2017 CHRIS MASTROBUONO EVANSVILLE, INDIANAIndiana’s first opioid based treatment center is open in Evansville. Community leaders and recovery professionals cut a ribbon for SelfRefind’s grand opening.The treatment center puts Evansville ahead of any other Indiana city in the fight against the opioid epidemic.SelfRefind specifically focuses on how to treat opioid addictions a growing problem in Vanderburgh County.“With this, you know, it gives them a chance to heal that. You know, I’ve had a lot of them say their families talk to them or trust. Had one patient that his family let them now control the family business, before that they didn’t trust him,” says Dr. Alben Shockley.This facility marks the 20th for SelfRefind.They will be opening a new facility at the end of this year or early next year in Jeffersonville, Indiana.FacebookTwitterCopy LinkEmail
Cadbury Boost is now available in a cake bar format, alongside a new Turkish variant. The Boost cake bar consists of a layer of chocolate sponge topped with a chocolate and biscuit filling, surrounded by caramel and covered in Cadbury milk chocolate.The launch is expected to bring new consumers into the category, as well as extend the repertoire of current consumers who want new and interesting flavours from the cake aisle.A Double Choc Mini Mini Rolls variant has also been launched a moist chocolate-flavoured sponge with a crème swirl covered in milk chocolate.Senior brand manager Sarah Burnett said: “This is the biggest launch in cake bars for a long time. Boost is a high-energy brand, which appeals to young adults, and we are really excited to see how the cake bar performs given the exceptional results it has achieved in consumer trials.”Double Choc Mini Mini Rolls have an RSP of £1.99 while the cake bars have an RSP of £1.45.
January is National Mentoring Month, an annual media campaign calling on Americans to mentor the estimated 15 million young people who are in need of mentors.A FoxNews.com story describes the campaign, which is spearheaded by the Harvard Mentoring Project at the Harvard School of Public Health (HSPH), MENTOR, and the Corporation for National and Community Service. Celebrities who have participated in the cause since the first National Mentoring Month include Gen. Colin Powell, Oprah Winfrey, Tom Brokaw, Maya Angelou, former President Bill Clinton, and Kenneth Cole. This year, President Obama issued a presidential proclamation about Mentoring Month, saying that we honor those “who unlock the potential and nurture the talent of our country, and we encourage more Americans to reach out and mentor young people in their community.”Research indicates that mentors can have a significant impact in reducing youth violence and drug use and boosting achievement, according to the HSPH Center for Health Communications.
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Obamacare advocates planned to protest outside Rep. Peter King’s Massapequa Park office Wednesday on the eve of a key vote to President Donald Trump and House Republicans’ sweeping health care overhaul.Residents of the congressman’s district, which spans four Long Island towns, said the rally was intended to convince Rep. King (R-Seaford) to oppose the legislation, billed as a repeal and replacement of former President Obama’s legacy health care law that gave coverage to millions of Americans who never had it before.A grassroots organization called New York’s 2nd District Democrats, which emerged out of Trump’s election victory, has been tracking King’s remarks on key issues. In a Facebook event post, the group said the congressman’s office had indicated that he was leaning to vote “No,” which conflicts with recent reports that the veteran Long Island Republican was considering supporting the House bill, dubbed the American Health Care Act (AHCA), slated to come up for a floor vote Thursday.Asked on Wednesday how King intends to vote, his spokesman said King is still looking at the legislation and has not come to a decision, adding that there were many moving parts—a reference to last-minute amendments mostly aimed at Medicaid coverage intended to appeal to certain GOP House members who had been waffling.A report in CNN Wednesday suggested that King was possibly swayed to vote “Yes.” The same report said King was singled out by Trump, who referred to King’s congressional district as “conservative.” Registered Democrats actually hold a slim majority over registered Republicans in King’s district. King told CNN that he simply stared at Trump when the president said, “’You’re going to be with me, right?’”In an interview with the Press last week, King said he had issues with the bill, specifically about the number of people who “are going to fall through the cracks and how big a fiscal impact it will have on New York.”“I am certainly not convinced to vote for it,” he told the Press. “It’s going to cost New York billions of dollars, mainly because of the cuts in Medicaid as we go forward.”Organizers of Wednesday’s demonstration ribbed King for his apparent “shout out” from Trump.“If Pete King is going to make decisions that affect the lives of his constituents based on how often his buddy Trump points and smiles at him, we need to remind him who he works for!” they said on Facebook.“Donald Trump’s campaign promise was to replace the Affordable Care Act with ‘something terrific,’” elaborated Liuba Grechen Shirley, founder of New York’s 2nd District Democrats, to the Press. “Denying millions of U.S. Citizens health care is not ‘terrific’ by any measure, and the last-minute tactics by the House Republicans are Washington politics at its worst.”To garner support from two upstate Republican Congressmen, an amendment was added that would eliminate county funding of Medicaid in New York State exclusively. Currently, half of Medicaid expenses is paid for by the federal government and the rest by the state and county governments, whose contribution is currently capped at 13 percent. Although 16 states split Medicaid costs with their counties, this amendment only applies here.“The New York State amendment injects partisan politics directly into the health care bill, using New York State taxpayers’ access to healthcare in a game of chicken with the State government,” Shirley added. “So much for ‘draining the swamp.’”New York Gov. Andrew Cuomo blasted the amendment as potentially “devastating” to New York and Long Island’s health care industry, because it only shifts the burden while curtailing the federal Medicaid component over time, forcing the state to come up with billions of dollars by 2020. Cuomo also noted that the new provision could cause nursing homes and hospitals on LI to shutter.New York’s 2nd District Democrats joined others in a mass demonstration outside King’s Massapequa Park office in February to protest Trump’s controversial immigration policies.Medicaid has become a big sticking point for many House Republicans. House Speaker Paul Ryan needs 216 votes to get it through the chamber so it can reach the U.S. Senate. As of Wednesday, it was still unclear whether Republicans would reach that threshold, but it hasn’t been for a lack of trying.Leadership has acquiesced to some hard-leaning conservatives by instituting various changes to the bill, including one that would allow governors to require residents to work in order to receive Medicaid coverage.As many as 2.7 million New Yorkers could lose health insurance under the Republicans’ repeal bill, according to the Congressional Budget Office. On Long Island, the number of people in danger of losing health insurance is estimated at 133,324 in Nassau and 152,631 in Suffolk.According to Cuomo’s office, three hospitals in King’s district—Good Samaritan, Southside, and St. Joseph—would lose a combined $14.6 million in funding as a result of the amendment.“I urge members of the community to call their member of Congress and demand that they vote ‘no’ on this unconscionable piece of legislation,” Cuomo said.Rep. Lee Zeldin (R-Shirley) exuberantly cheered the amendment in a statement, calling it “the single greatest act of fiscal relief ever provided to the County of Suffolk and its taxpayers.” State government, he added, “absolutely can and should” find a way to make it work. The proposition was reportedly the idea of Rep. Chris Collins, a Buffalo area Congressman, who was joined by Rep. John Faso, (R-Hudson Valley).An outraged Cuomo has argued that Albany could not make up the $2.3 billion difference.The last-minute push to placate New York’s somewhat more moderate Republicans comes as support for the long-promised “Repeal and Replace” bill is slipping nationwide.A Politico/Morning Consult Poll released Wednesday found that 41 percent of respondents support the measure, down from 46 percent last week. A separate poll found that 57 percent of those surveyed said they prefer Obamacare over the Trump alternative.Since its passage in 2010, Republicans have been bullish about keeping their promise to their base to repeal Obamacare. But now that they have control of both Congress and the White House, carrying it out has proved difficult, especially once many of their constituents started gaining coverage under the law and began to realize what they stand to lose.In a last-ditch effort to move the bill forward, Trump himself met with lawmakers on Capitol Hill Tuesday morning with the hopes of changing some minds.His message: Vote “Yes” or pay the price at the voting booth.Now, we wait.
Another trend that is becoming more prevalent is group travel. More and more travelers of all generations prefer to travel with a group of friends who share similar interests and passions. Also, the so-called “group honeymoons” in which newlyweds travel in the company of their friends are becoming increasingly popular. Unexpected experiences and anniversary celebrations are one of the trends that will be most popular in 2020. Namely, the American association of luxury travel organizers Virtuoso has published its list of the most popular tourist trends for next year “Luxe Report”. The modern traveler seeks deeper experiences that foster an emotional connection to the destination he is visiting. For example, wine tastings with the owner of the winery or hiring a personal guide who will bring them closer to the local culture. They also want accommodation that best reflects the “personality” of the destination. Travelers also want to explore as many countries as possible, even on shorter trips, the report said. But they are also looking for more different experiences during the holidays. For example, in the same trip they want to stay in a big city, but also to compose an adventure in the jungle. So, the focus is on the various experiences that enrich the trip. Source / photo: Virtuoso; Croatian tourist agency; Pixabay One of the bigger trends is certainly destinations that are not overcrowded with tourists. Also, advisors in the luxury travel sector report an increase in the demand for destinations that have an interesting culture or untouched nature for travelers, such as Borneo, Greenland or Oman. In the category of the most popular emerging, ie fast-growing destinations, Croatia took the first place and left behind Antarctica, Iceland, Japan and Portugal, while in the category of the best destinations for millennials our country took a high third place behind Greece and Bali, and ahead of Iceland and Cambodia. . Croatia ranked fifth in the category of the best global destination, followed by Italy, Greece, France and Japan. As for the destination, Croatia is included in the top 5 world destinations in as many as three categories. A new trend that appears in this year’s “Luxe Report” are trips to mark various anniversaries and similar celebrations. At the top of the list is still a multigenerational journey, which involves traveling in the company of parents, children, grandchildren and other family members. Interestingly, cruises this year fell out of the top 5 rankings of the most popular trends. “Croatian tourism in the segment of distant markets has the largest tourist turnover from the USA. This report, which comes from a prestigious association such as Virtuos, further confirms the excellent position that our country enjoys in the extremely important American market and confirms that Croatia is in the company of leading destinations for guests of refined taste.”, Said the director of the Croatian National Tourist Board Kristjan Stanicic, emphasizing that so far this year there have been almost 627 thousand arrivals and over 1,7 million overnight stays from the US market, which is an increase of 12 percent over the same period last year. Gastrotourism has become a separate niche, they point out from Virtuos. Culinary experiences go beyond the restaurants themselves, and include cooking classes, visits to farms and family farms, and truffle hunting.
An Uber spokesman said the company does not respond to “speculative M&A.” Grubhub, in a statement, did not confirm the talks but said “consolidation could make sense in our industry.”Experts say consolidation is long overdue in the space, where demand from worried, home-bound consumers is surging.DoorDash had a 42 percent share of meal delivery sales in March 2020, versus 20 percent for Uber Eats and 28 percent for Grubhub, data from analytics firm Second Measure showed.“If you can’t beat ‘em, eat ‘em,” said Jesse Reyes, chief executive of J-Curve Advisors, who advises venture capital and private equity funds.Feeding frenzy?The value of the deal was undisclosed.Grubhub had a market capitalization of about $4.3 billion, while Uber was valued at nearly $55 billion as of Monday’s close, according to Refinitiv data.Bloomberg News first reported on the deal talks earlier on Tuesday.Uber “can wait a bit longer and probably get them cheaper. But it could be that you have a lot cats circling the same bowl,” Reyes said.Uber Eats’ first-quarter revenue soared more than 50 percent to $819 million after restaurants across the country shuttered their dining rooms to curb the spread of the novel coronavirus.The service, available in more than 6,000 cities worldwide, has been a drag on Uber’s bottom line since its 2014 inception due to heavy spending on customer promotions and driver incentives.Uber in January sold its Indian food business to local rival Zomato and earlier this month closed Eats operations in eight countries.Last week, Grubhub said the restaurant industry was facing enormous challenges from the COVID-19 pandemic, and vowed to use nearly all of its second-quarter profits to help drum up business for its restaurant partners.Those comments came amid growing concern from lawmakers and the restaurant industry about the negative influences of so-called “gig economy” companies.Democratic US Representative David Cicilline, of Rhode Island, who chairs the House Antitrust Subcommittee, said the deal underscores the need for the merger moratorium that he and his colleagues have been calling for.“Uber is a notoriously predatory company that has long denied its drivers a living wage. Its attempt to acquire Grubhub – which has a history of exploiting local restaurants through deceptive tactics and extortionate fees – marks a new low in pandemic profiteering,” he said.Andrew Rigie, executive director of the New York City Hospitality Alliance, said Grubhub and other big delivery platforms continue to increase rates, control valuable customer data, and use sophisticated techniques and discounts to funnel customers to their own websites instead of those of their partner restaurants.“Further consolidation of the industry poses significant concerns,” Rigie said.Antitrust experts said the deal, if signed, would likely win approval from regulators.“I think this deal is doable. It does not seem to me to be an excess of concentration,” said Seth Bloom of Bloom Strategic Counsel. “Probably the restaurants will not like it and will express concern but I don’t think that will carry the day.”Other experts told Reuters they expected a lengthy review.Topics : The potential acquisition suggests that the Silicon Valley disruptor is doubling down on its fastest-growing service in a scramble to adapt to what is likely to be a long business interruption.“This would be an aggressive move by Uber to take out a major competitor on the Uber Eats front and further consolidate its market position,” Wedbush analysts said in a client note.It could turn the crowded “US meal delivery market into a two-horse race,” CFRA Research analyst Angelo Zino said.Shares of Grubhub closed up 13.6 percent at US$60.39, while Uber’s gained rose 2.4 percent to $32.40. Uber Technologies Inc is in negotiations to buy online food delivery company Grubhub Inc in an all-stock deal, according to people familiar with the matter.A merger could give Uber Eats’ money-losing restaurant delivery service a leg up on market leader DoorDash at a time when the coronavirus pandemic has upended Uber’s core business of shuttling people from place to place.Uber and Grubhub are still haggling over the deal’s stock exchange ratio, and there is no certainty that they will reach an agreement, the sources said.
40 Lakelands Drive, Merrimac.A JUNGLE of trees and manicured grass create a picturesque backdrop for this Merrimac home.The 674sq m property’s position backing onto the golf course was one of the main reasons Lynn and Wilf Maillet bought it 10 years ago.“We’ve got a beautiful view over the golf course and it’s just so quiet,” Mrs Maillet said.The two-storey residence on Lakelands Drive has five bedrooms, three bathrooms and a double garage. 40 Lakelands Drive, Merrimac. 40 Lakelands Drive, Merrimac. 40 Lakelands Drive, Merrimac.More from news02:37International architect Desmond Brooks selling luxury beach villa16 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoIt has an open floorplan that flows seamlessly outdoors on both levels.The kitchen was Mrs Maillet’s favourite part of the home.“Because it’s all open plan, you can talk to people and mingle,” she said.It has stainless steel appliances and a gas cook top as well as a walk-in pantry that mirrors the kitchen’s size.The master bedroom with ensuite and walk-in wardrobe is downstairs and has golf course views.There are three bedrooms upstairs, one of which also has an ensuite and walk-in wardrobe, as well as a study.There is also a family room that leads onto a covered patio.Outside, there is a saltwater pool and a built-in barbecue in the outdoor entertaining area, which overlook the golf course. 40 Lakelands Drive, Merrimac.The home may be more than a decade old but Mrs Maillet said quality fixtures and her husband’s attention to detail in maintaining them made it look near new.“It looks like it’s brand new, Wilf likes everything top quality,” Mrs Maillet said.The couple held many fond memories of the home, including milestone birthdays celebrated there, but they have decided to sell it so they can travel around Australia.Residents of the Lakelands village also have access to the community pool, gym and function room. The property will go under the hammer on June 20.
Image courtesy of WärtsiläThe Finnish technology group Wärtsilä reported a 6 percent drop in order intake during the first quarter of the year. The company noted its order intake was at €1.4 billion ($1.6 billion) down from the €1.5 billion in the corresponding quarter of 2018. Wärtsilä Marine accounted for 65 percent of the order intake and Wärtsilä Energy for 35 percent.The total order book at the end of the review period increased by 15 percent to €6.3 billion, down from €5.5 billion. Wärtsilä Marine accounted for 61 percent of the order book and Wärtsilä Energy for 39 percent.Wärtsilä’s net sales for the review period January-March 2019 increased by 8 percent to €1.1 billion compared to €1 billion during the corresponding period last year.Commenting on the results, Wärtsilä’s president and CEO Jaakko Eskola, said, “The beginning of 2019 was marked by growth in net sales, thanks to higher services volumes in both business areas and an increase in marine equipment deliveries.”Wärtsilä’s operating profit reached €91 million representing 7.9 percent of net sales. This compares to €102 million or 8.9 percent of net sales in the corresponding period.The improvement in profitability was primarily a result of a more favorable mix within services activities. Items affecting comparability included costs related to restructuring programmes of €11 million.Global trade tensions and macroeconomic uncertainty continues to be a concern in the marine industry, posing a potential risk for reduced demand, especially in the tanker, bulk carrier, and containership segments.The offshore segment remains challenging due to overcapacity and volatile oil price development. Climate change requires increasing efforts to reduce emissions within the shipping industry. However, the enforcement of environmental regulations and the potential introduction of new regulations remain a source of uncertainty.