Business

Mickey Kim and Roger Lee: EV struggles confirm obituaries for IC were premature

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Demand for electric vehicles (EVs) exploded post-COVID. Particularly on the coasts and in big cities, EVs became de rigueur among the “green energy” cognoscenti/early adopters, though EVs have actually been around since the 1830s, well before internal combustion (IC) came on the scene. The meteoric growth in supply and demand wasn’t due solely to EVs’ product appeal, but also the Biden Administration’s commitment to a “greener” future of 60% EV market share by 2030 and 67% by 2032.

Sisters take ownership, reopen Hope restaurant

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HOPE — The new restaurant that opens Friday at the former location of Cornett’s Corner Cafe should have most, if not all, the old favorites remaining on the menu.

Kirts Truck Repair joins with U-Haul

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U-Haul Co. of Indiana, Inc. announced Wednesday that Kirts Truck Repair, 14154 E. State Road 46, has signed on as a U-Haul neighborhood dealer to serve the Columbus community.

Amy Davis to take on dual leadership role at Cummins

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Cummins Inc. announced Friday that Amy Davis will assume a dual leadership role within the company, taking over the helm of the company’s components business while maintaining her current role leading Accelera.

‘Coolest Thing Made in Indiana’ contest to begin

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The Indiana Chamber of Commerce’s third annual Coolest Thing Made in Indiana tournament officially tips off Friday with online voting at www.indianachamber.com/coolestthing.

‘Dumb Money’ fuels myth David ‘GameStonked’ Goliath

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The madness surrounding GameStop (GME) in early 2021 captured the imagination of both professional/institutional investors (“smart money”) and amateur/retail investors (“dumb money”) alike, as the price surged from $18.84 (unadjusted for a 4-for-1 stock split in July of 2022) at the start of January and briefly touched $483 later that month, a gain of about 2,500%.

JCBank elects two new board members

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JCBank and Bancorp. of Southern Indiana Board Chairman Warren L. Forgey recently announced that Billy L. Bemis and Eric D. Fish have been elected to the JCBank board of directors.

Toyota Material Handling launches new electric forklifts

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Toyota Material Handling recently launched a new line of electric pneumatic forklifts with 48V and 80V models.

Sheriff Chris Lane appointed to Statewide 911 Board

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INDIANAPOLIS — Gov. Eric J. Holcomb recently announced several appointments to various state boards and commissions.

Hackman attends association conference

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Bartholomew County Treasurer Barb Hackman was one of more than 650 county officials and employees who attended the Association of Indiana Counties annual conference Sept. 25-28 in Orange County.