JEFFERSONVILLE

Campbell Announces Supply Chain Optimization Plan to Fuel Growth

Retrieved on: 
Tuesday, May 28, 2024
Supply Chain Management, Retail, Manufacturing, Supermarket, Other Manufacturing, Food, Beverage, Campbell Soup Company, Late, News, CPB, Investment, Calendar, Ageing, Growth, Plant, Renewable energy

Campbell Soup Company (NYSE: CPB) today announced plans as part of an ongoing effort to invest in and transform its supply chain to fuel business growth, improve return on invested capital, and enhance the overall effectiveness and efficiency of its manufacturing and distribution network.

Key Points: 
  • Campbell Soup Company (NYSE: CPB) today announced plans as part of an ongoing effort to invest in and transform its supply chain to fuel business growth, improve return on invested capital, and enhance the overall effectiveness and efficiency of its manufacturing and distribution network.
  • These actions are another significant step in transforming Campbell’s supply chain into a competitive advantage.
  • “To fuel growth and transform our manufacturing and distribution network, we must invest and further strengthen our supply chain,” said Dan Poland, Campbell’s Chief Supply Chain Officer.
  • We continue to evaluate optimization opportunities across the network to build our supply chain of the future.”
    The Tualatin, Oregon plant, acquired in 2017 as part of Campbell’s purchase of Pacific Foods, produces Pacific’s organic soup, broth and plant-based beverages.

Jeffersonville Bancorp Announces First Quarter Earnings of $2,553,000 or $0.60 per share; Declares Dividend of $0.15

Retrieved on: 
Tuesday, May 14, 2024
Wurtsboro, New York, Fed, Environment, OTCQB

JEFFERSONVILLE, N.Y., May 14, 2024 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today first quarter net income of $2,553,000 or $0.60 per share compared to $2,660,000 or $0.63 per share for the same quarter in 2023.

Key Points: 
  • JEFFERSONVILLE, N.Y., May 14, 2024 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today first quarter net income of $2,553,000 or $0.60 per share compared to $2,660,000 or $0.63 per share for the same quarter in 2023.
  • "The Company’s interest income has largely kept pace with higher deposit expense, resulting in our earnings remaining at favorable levels compared to peers."
  • The dividend is payable on June 6, 2024 to stockholders of record at the close of business on May 28, 2024.
  • Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank.

1440 Foods Opening New Production Facility to Meet Heightened Demand for Healthy Snacks

Retrieved on: 
Thursday, May 23, 2024
Men, Supply Chain Management, Other Retail, Supermarket, Specialty, Consumer, Food, Beverage, Other Manufacturing, Retail, Packaging, Other Consumer, Women, Manufacturing, Transport, Capital, Powder, Convenience food

1440 Foods , a leading portfolio of active nutrition brands, will soon open a new production facility in Jeffersonville, Indiana, to accommodate growing demand for healthy, on-the-go snacking options.

Key Points: 
  • 1440 Foods , a leading portfolio of active nutrition brands, will soon open a new production facility in Jeffersonville, Indiana, to accommodate growing demand for healthy, on-the-go snacking options.
  • Jointly owned by 4x4 Capital and Bain Capital Private Equity , 1440 Foods exists to provide people energy to unleash their potential through its innovative portfolio of healthy foods and supplements that are designed to support muscle development, recovery, and overall wellness goals.
  • 1440 Foods has committed to a long-term lease of the River Ridge property and plans to maintain a consistent presence in the community.
  • Hiring is under way for the plant and will continue through 2024 with an anticipated opening date in 2025.

Kenco to Install AutoStore at Jeffersonville, Indiana Distribution Center

Retrieved on: 
Wednesday, May 8, 2024
Other Transport, Technology, Trucking, Transport, Electronic Commerce, Software, Data Management, Logistics, Supply Chain Management, Retail, Automation, Travel, E-commerce, Account executive, Senior, Heel, Workforce, ASRS, Operation, Warehouse

Kenco, a leading third-party logistics (3PL) provider, today announced the implementation of AutoStore™, a leading automated storage and retrieval system (ASRS), at the company’s Jeffersonville, Ind.

Key Points: 
  • Kenco, a leading third-party logistics (3PL) provider, today announced the implementation of AutoStore™, a leading automated storage and retrieval system (ASRS), at the company’s Jeffersonville, Ind.
  • Once complete, the AutoStore system will include 49,000 bins, 130 grid robots, 10 picking ports and four replenishment ports.
  • “At Kenco, we’re dedicated to continuously improving our operations,” said Jason Minghini, Senior Vice President of Operations at Kenco.
  • “This AutoStore system will boost labor productivity and enable scalability while improving delivery times for consumers across North America.”
    To learn more about AutoStore, visit https://www.autostoresystem.com/ .

Governor Holcomb, IEDC Secure Largest Quarter of Committed Capital Investment in State History

Retrieved on: 
Thursday, March 28, 2024
Growth, Environment, Terre Haute, Indiana, Partnership, Hoosier, Economic development, Entrepreneurship, Commerce, Samsung, Investment, Semiconductor, Eli Lilly and Company, General Motors, Renewable energy

INDIANAPOLIS, March 28, 2024 (GLOBE NEWSWIRE) -- Governor Eric J. Holcomb announced today at the Indiana Economic Development Corporation (IEDC) board of directors meeting that the IEDC has secured $20.68 billion in committed capital investment so far in 2024, marking the highest quarter on record for capital investment in the agency’s nearly 20-year history.

Key Points: 
  • INDIANAPOLIS, March 28, 2024 (GLOBE NEWSWIRE) -- Governor Eric J. Holcomb announced today at the Indiana Economic Development Corporation (IEDC) board of directors meeting that the IEDC has secured $20.68 billion in committed capital investment so far in 2024, marking the highest quarter on record for capital investment in the agency’s nearly 20-year history.
  • This committed capital investment already totals 72% of the capital investment committed in all of 2023 ($28.7 billion), which was an all-time high for the IEDC.
  • Since that time, the IEDC has celebrated two consecutive record-breaking years in 2022 and 2023 , securing a total of $71.57 billion in new committed capital investment since the beginning of 2022.
  • With the board’s approval today, these companies are expected to begin making announcements in the coming weeks and months.

Best Equipment & Welding to open new facility in Jeffersonville, IN

Retrieved on: 
Wednesday, March 6, 2024
Welding, Hospital, School, Fortune 500, BEW, Champion Road, Sales

INDIANAPOLIS, March 6, 2024 /PRNewswire-PRWeb/ -- Best Equipment & Welding (BEW) is proud to announce the opening of a new service branch in Jeffersonville, IN as a compliment to their headquarters located in Indianapolis, IN. The addition of the facility is in response to the growing needs of BEW clients located in southern Indiana and the surrounding area.

Key Points: 
  • INDIANAPOLIS, March 6, 2024 /PRNewswire-PRWeb/ -- Best Equipment & Welding (BEW) is proud to announce the opening of a new service branch in Jeffersonville, IN as a compliment to their headquarters located in Indianapolis, IN.
  • The addition of the facility is in response to the growing needs of BEW clients located in southern Indiana and the surrounding area.
  • "The addition of the new service facility in Jeffersonville helps us better support our existing and new customers with a footprint in the southern Indiana and nearby areas," stated Andrew Yeo, President, Best Equipment & Welding.
  • Founded in 1983, Best Equipment and Welding has been an industry leader in the manufacturing of custom fabrication solutions and loading dock equipment, products, and services.

Jeffersonville Bancorp Announces Fourth Quarter and Record Full Year Earnings of $11,175,000 or $2.64 per share; Declares Dividend of $0.15

Retrieved on: 
Wednesday, February 14, 2024
OTCQB, Wurtsboro, New York

Net income for the fourth quarter was $2,347,000 or $0.56 per share compared to $2,803,000 or $0.66 per share for the same quarter in 2022.

Key Points: 
  • Net income for the fourth quarter was $2,347,000 or $0.56 per share compared to $2,803,000 or $0.66 per share for the same quarter in 2022.
  • “With interest rates remaining at elevated levels, competition for deposits continues to be an industry wide challenge.
  • The dividend is payable on March 6, 2024 to stockholders of record at the close of business on February 27, 2024.
  • Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank.

Gov. Holcomb announces Meta to build an $800M Data Center Campus in Indiana

Retrieved on: 
Thursday, January 25, 2024
Gold, Semiconductor, LEED, Messenger, Partnership, WhatsApp, Investment, Economic development, Hoosier, Certification, Growth, Renewable energy

JEFFERSONVILLE, Ind., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Governor Eric J. Holcomb, board chairman for the Indiana Economic Development Corporation, joined executives of Meta Platforms Inc. (NASDAQ: META) today as the company announced plans to establish a new $800 million data center campus in Indiana.

Key Points: 
  • JEFFERSONVILLE, Ind., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Governor Eric J. Holcomb, board chairman for the Indiana Economic Development Corporation, joined executives of Meta Platforms Inc. (NASDAQ: META) today as the company announced plans to establish a new $800 million data center campus in Indiana.
  • “Today is a great day for Indiana and for our southeast region as we welcome another major investment to the River Ridge Commerce Center,” Gov.
  • Meta is starting construction this month and expects the data center to be operational in 2026.
  • We are committed to playing a positive role here and investing in the community's long-term vitality,” said Brad Davis, director of data center community and economic development at Meta.

Jeffersonville Bancorp Announces Special Dividend of $0.15 per share

Retrieved on: 
Tuesday, January 16, 2024
Environment, Federal, OTCQB, Federal Reserve, Wurtsboro, New York

JEFFERSONVILLE, N.Y., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today that a special cash dividend in the amount of fifteen cents ($0.15) per share on the common stock of the company was declared at the January 16, 2024 meeting of the Board of Directors.

Key Points: 
  • JEFFERSONVILLE, N.Y., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today that a special cash dividend in the amount of fifteen cents ($0.15) per share on the common stock of the company was declared at the January 16, 2024 meeting of the Board of Directors.
  • The dividend is payable on February 5, 2024 to stockholders of record at the close of business on January 29, 2024.
  • “The Board of Directors is pleased that with our positive results and strong capital position, they are able to reward our loyal shareholders with this special cash dividend."
  • Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank.

Jeffersonville Bancorp Announces Third Quarter Earnings of $2,972,000 or $0.70 per share and Year to Date Earnings of $8,828,000 or $2.08 per share; Declares Dividend of $0.15

Retrieved on: 
Tuesday, November 14, 2023
Wurtsboro, New York, OTCQB, Jeff Banks, Environment

Year to date net income as of September 30, 2023 was $8,828,000 or $2.08 per share compared to $6,501,000 or $1.53 per share for the same period in 2022.

Key Points: 
  • Year to date net income as of September 30, 2023 was $8,828,000 or $2.08 per share compared to $6,501,000 or $1.53 per share for the same period in 2022.
  • While interest expense has increased, we are performing better than our peers in that metric, and interest income on loans is increasing."
  • The dividend is payable on December 5, 2023 to stockholders of record at the close of business on November 28, 2023.
  • Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank.