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  • Forbes listgives cityNo. 11 rank
    Forbes has ranked Fort Wayne No. 11 on its list of Opportunity Cities. The 19-city list, published Thursday, put Columbus, Ohio, at the top.
  • Alibaba stock soars 40% in massive IPO
    NEW YORK – Alibaba debuted as a publicly traded company Friday and swiftly climbed more than 40 percent in a mammoth IPO that offered eager investors seemingly unlimited potential for growth and a way to tap into the burgeoning Chinese
  • China levies record fine
    BEIJING – Drug giant Glaxo­SmithKline was fined $492 million Friday for bribing doctors in China in the biggest such penalty ever imposed by a Chinese court.

Business at a glance

The Breast Diagnostic Center has opened at 8028 Carnegie Blvd. in Fort Wayne.

Carter Lumber’s Fort Wayne announced the addition of a new door and millwork manufacturing facility in Corunna that was previously occupied by the Carter Lumber Plumbing store.

North American Cold Storage held a recent groundbreaking at its new location at 23202 Roemer Drive in Woodburn.

The Frog Tavern in Syracuse was purchased by Doug Shoemaker, who worked his way up from an intern to general manager then owner within eight years. Shoemaker bought The Frog with a small-business loan from the U.S. Small Business Administration 504 program through Crossroads Bank and the Indiana Statewide Certified Development Corp.

Strebig Construction Inc. was awarded the P`hase I renovation to the student housing clubhouse at IPFW.

Area companies listed in Indiana’s seventh annual class of “Companies to Watch” program are Allied Payment Network and API Alliance Inc., Fort Wayne; Impact CNC LLC, Columbia City; Nextremity Solution Inc., Warsaw; Red Star Contract Mfg., Larwill; and Tempus Technologies, Auburn.

North Woods Village at Inverness Lakes, Fort Wayne’s first stand-alone memory care facility, held a recent groundbreaking ceremony at 8075 Glencarin Blvd.

Bluffton’s Alexin LLC installed a Wagstaff 9” billet casting system at its state-of-the-art aluminum cast house providing more opportunities to integrate Leed certifiable aluminum billet with a fuller range of diameter supply.

Dirig Sheet Metal was awarded a contract to install heating, ventilation and air conditioning ductwork for multiple projects at Fort Wayne Metals.

The Joint Commission, in conjunction with the American Heart Association/American Stroke Association, recently recognized the Parkview Stanley Wissman Stroke Center with advanced certification for primary stroke centers.

Academy Mortgage’s Fort Wayne branch was a top producer for June.

Advanced Biological Marketing announced the expansion of its production facility at its corporate headquarters in Van Wert, Ohio. An increase in sales growth has moved up the facility expansion by two years.

Asher Agency was hired to assist Education is Freedom, a nonprofit in Texas, with strategic meetings in the nation’s capital.

Lakeland Financial Corp. will be presenting at the Keefe, Bruyette & Woods 2014 Community Bank Investor Conference on Tuesday in New York.