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Business

  • Peoples Bancorp yearly earnings up 30%
    Peoples Bancorp today reported fiscal 2014 earnings of $3.4 million, or $1.47 per diluted common share, a 30 percent increase from the $2.6 million, or $1.11 a share, posted for the previous 12 months.
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    A Wells County auto parts supplier is expanding its workforce by about 50 percent, officials announced today.
  • TI Automotive expanding, adding jobs
    TI Automotive in Ossian, Ind. announced today they will invest $10 million into their Wells County manufacturing facility in the form of new process equipment.
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Area existing-home sales up 10% again

For the second consecutive year, existing-home sales in the Fort Wayne area increased more than 10 percent, according to figures released Friday by the Upstate Alliance of Realtors.

The organization said 7,313 homes sold last year, up from 6,634 in 2012. Upstate tracks data from Allen, Adams, DeKalb, Huntington, Noble, Wells and Whitley counties.

Additionally, the average sales price increased a bit, to $126,782 in 2013 from $126,424 a year earlier.

For more on this story, see Saturday’s print edition of The Journal Gazette or visit www.journalgazette.net after 3 a.m. Saturday.

pwyche@jg.net

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