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A southern Indiana temporary staffing firm bought some of Fort Wayne-based Time Services Inc.’s assets for an undisclosed sum.
Elwood Staffing Services Inc. plans to operate its Coldwater Road office as well as Time Service’s Lima Road office, said John Elwood, the Columbus-based company’s president and chief operating officer. The company will continue to serve Time Service’s clients in Warsaw and Angola but won’t take over those offices. The company is acquiring Time Service’s northeast Indiana and southern Michigan assets but not its Ohio business.
Time Service’s 20 corporate employees will remain with Elwood Staffing, Elwood said.
Elwood Staffing employs about 150 on its corporate staff, the company said in a statement. The company also places more than 40,000 associates in temporary positions each year.
An experienced real estate association executive will lead the Fort Wayne Area Association of Realtors starting next month, the organization announced Tuesday.
Laura G. Raudonis will take over as the association’s CEO on Sept. 1. She replaces Karan Flick, who retired this spring.
Raudonis is the CEO of the Wichita Area Association of Realtors in Wichita, Kan. She previously was the deputy chief executive officer of the South Metro Denver Realtor Association in Littleton, Colo.
She has 20 years of experience managing Realtor organizations, the local association said in a statement.
The Fort Wayne Area Association of Realtors has nearly 1,500 members and employs eight, the association said.
Some people who worked at Fort Wayne Foundry Corp. are eligible to receive aid from the federal Trade Adjustment Assistance program.
The program is made available to workers who are displaced because of foreign imports or shifts in production out of the country.
The U.S. Department of Labor ruled this applies to foundry workers partly or fully separated from employment on or after May 18, 2008, through two years from the date of certification.
The workers produced aluminum castings for the automobile industry.
They could be eligible for job training, job search and relocation allowances, the announcement said.
Workers age 50 and older might also be eligible for regular benefits or a wage subsidy.
With the economy turning a corner, Federal Reserve policymakers will consider whether some consumer lending programs intended to ease the recession and stem the financial crisis should be extended.
Fed Chairman Ben Bernanke and his colleagues opened a two-day meeting Tuesday afternoon in which they will sift through economic data and anecdotal information about how businesses and consumers are faring nationwide.
So far, many of those barometers suggest the worst recession since World War II is ending and that the economy has started to grow again, or will soon.
Still, the Fed has warned that recoveries after financial crises tend to be slow.
Unemployment dipped to 9.4 percent in July but is expected to top 10 percent this year.
