Debtholders of Gary’s Majestic Star Casino will exercise their default rights after the casino missed multiple interest payments on its debt.
The SSCVA is denying that it gave its blessing to a proposed a $59 million hotel, conference center and sports complex in Hobart.
Yet another area car dealership, Jack Connors Buick in Chesterton, is having its franchise stripped by GM. The dealership, which is seeking a replacement franchise, will lose its Buick franchise in October of next year.
Manufacturing Technology, Inc., a South Bend-based company that provides friction welding technology and services, was named as Ijndiana’s Small Business of the Year by the Indiana Chamber of Commerce.
A fourth-generation family-owned business, MTI primarily builds machines that carry out the friction welding process (the solid state joining of two parts using frictional heat and applied force to create a forge-quality weld). MTI also sells the only line of frictional welders worldwide that includes all three major variations: rotational, linear and stir.
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