As Forest Park Bank marks 75 years this month, owner Jerry Vainisi reflected on the traits that have led to its longevity: personal service, a community mindset and willingness to evolve.“A little bank like us is becoming a rare commodity,” said Vainisi, chairman and CEO of the bank. “You have to continue to grow.”Years ago, there were a dozen community banks; now, there’s just a couple locally, Vainisi said. The bank, which Vainisi has owned since 1999, is undergoing a rebranding in preparation for its May 15 anniversary event.Don Offermann, senior vice-president of the bank, noted the significance of the bank’s opening on May 15, 1943. The bank was open from 8 a.m.-10 p.m. that first day, with newspaper accounts of the day reporting thousands of people passing through.In the years after the Great Depression and amid World War II, the bank’s opening “was huge for the community,” Offermann said, and a similar story played out in … [Read more...] about ‘You have to continue to grow’: Owned by former Bears GM Vainisi, Forest Park Bank celebrates 75 years
In announcing that he wouldn’t retain general manager Chuck Fletcher, Wild owner Craig Leipold said he didn’t expect the next GM to “rebuild” the team. In Leipold’s mind, the Wild is not far from the Stanley Cup, but a fresh set of eyes is necessary. There’s a perception around the Wild that the expensive Zach Parise and Ryan Suter’s contracts, which last through the 2024-25 season, are going to hamstring the organization to make any significant moves. Looking at the reality of the team’s contracts and the future of the salary cap, the Wild may have not have a ton of room to make moves, but the circumstances may not be as dire as fans think, especially if the new general manager gets creative with the roster and is eager to trade. Cap space is there The Wild isn’t going to have a lot of cap space to work with, but it will have some. The salary cap this year was $75 million. The Wild came in just under the cap at the end of the … [Read more...] about How the Wild’s new GM actually could make some moves, despite big contracts
CLEVELAND -- All of GM's Ohio and Indiana manufacturing plants, including those that build the Cruze automobile, and the Silverado and GMC Sierra pickups, are on course to use 100 percent renewable energy by the end of this year. The automaker is contracting to buy 200 megawatts of wind power from two wind farms now under construction in Ohio and Illinois. Both the Northwest Ohio Wind Farm in Paulding County, south of Defiance, and the HillTopper Wind Farm between Bloomington and Springfield, Ill., are under construction. Their completion means that GM will have reached 20 percent of its long-term goal to power its manufacturing plants around the world with 100 percent clean energy by 2050. The company has used renewable energy technologies for decades and has tried to reduce its power consumption by adopting energy-efficient technologies and practices. The Lordstown assembly plant, for example, built an 8,500 solar panel array in 2014. The car maker completed a 1.8 megawatt rooftop … [Read more...] about Northwest Ohio wind farm will supply GM plants in Ohio and Indiana
By Kevin Dayton | PUBLISHED: May 1, 2018 at 6:45 am | UPDATED: May 1, 2018 at 7:06 am In April 2010, the New United Motor Manufacturing, Inc. (NUMMI) plant in Fremont closed its doors. Several months later, the plant got a new lease on life when high-tech automaker Tesla bought it to assemble its electric cars. At the time, a local official with the United Auto Workers union said he was “thrilled” the company “would bring a lot of jobs to California.” Eight years later, the union and its allies are singing a different tune about Tesla, encouraging negative media coverage of the company as part of an attempt to organize the factory workforce. Outside observers trying to make sense of the union’s rhetoric would be wise to revisit its history at the plant. NUMMI had opened in 1984 as a joint venture of General Motors and Toyota, a successor to a GM plant that opened in 1962 and closed in 1982. Deserved or not, UAW had a notorious history at this … [Read more...] about Opinion: Would Tesla close unionized plant like GM and NUMMI did?
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Respect Detroit Lions GM Bob Quinn for trusting his NFL draft process What’s your initial impression on what Bob Quinn's Detroit Lions did in the 2018 NFL draft? Jamie Samuelsen answers. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Join the Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Jamie Samuelsen, Special to the Detroit Free Press Published 9:01 p.m. ET April 30, 2018 CLOSE The Lions took six players in this year's NFL draft. Free Press sports writer Ryan Ford takes a quick look at the Class of 2018. Wochit CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Jamie Samuelsen, co-host of the "Jamie and Stoney" show at 6 a.m. weekdays on WXYT-FM (97.1), blogs … [Read more...] about Respect Detroit Lions GM Bob Quinn for trusting his NFL draft process