Lakeland Financial Corp. on Friday reported second-quarter earnings of $11.3 million, or 68 cents per diluted common share, a 22 percent increase over the $9.2 million, or 56 cents a share, posted for the same three months of 2013. The earnings set a record for any quarter in the company’s history.
The Warsaw holding company for Lake City Bank did not set aside money for the fund that covers bad loans in either second quarter.
David Findlay, president and CEO, is bullish on the economy and the company’s role in it.
“The best way for Lake City Bank to support economic expansion in our Indiana markets is to continue to make loans to local businesses,” he said in a statement. “We’ve grown loans by $138 million through the first six months of 2014 and are encouraged by the improving strength of the economy in our markets.”
Ligonier employers to host job fair
Five Ligonier manufacturers will host a job fair to fill more than 135 positions in Noble County.
The hiring event is from 10 a.m. to 2 p.m. Thursday at West Noble High School, 5094 U.S. 33, in Ligonier.
Participating employers are Guardian Industries, Trelleborg Vibracoustic, Millennium Industries, BRC Rubber & Plastics and Parker Hannifin. Pro Resources staffing will also participate.
Most of the jobs are production positions with varying wages. A limited number of maintenance technician positions will pay up to $22 an hour.
Ex-NCI employees eligible for aid
Former employees of NCI Fort Wayne LLC, a subsidiary of Nyloncraft Inc., are certified to receive benefits through the federal Trade Adjustment Assistance program, state officials announced Friday.
The Labor Department on July 18 issued the ruling that applies to all workers who lost jobs or hours on or after April 25, 2013, through two years after the date of certification.
The TAA program offers training, education, job search, relocation and income assistance to workers who have lost jobs because of foreign competition. The program’s funding expires Dec. 31 unless Congress renews it.
Former employees should contact the nearest WorkOne office or go to www.workoneworks.com for more information.
McDonald’s in China halts meat items
McDonald’s restaurants in Hong Kong have taken chicken nuggets and chicken filet burgers off the menu after an American-owned supplier in mainland China was accused of selling expired meat.
The fast food chain said late Thursday that it “suspended relevant food ingredients” at Hong Kong outlets in light of the scandal surrounding Shanghai Husi Food Co.
Chinese authorities detained five Husi employees after a TV station reported last weekend that the company repackaged and sold meat past its use-by date. Investigators have seized hundreds of tons of material but haven’t yet confirmed finding expired meat. McDonald’s in Hong Kong said it stopped serving nuggets and McSpicy chicken filet burgers.