Pharos-Tribune

Business

June 8, 2014

Business news in brief, June 8

First Farmers named among Top 200

CONVERSE — First Farmers Bank and Trust, a Converse-based bank with branches in Logansport and Galveston, was recently named among the “Top 200 Community Banks” in the country by American Banker magazine.

A total of 851 institutions nationwide qualified for the ranking by posting a three-year average return on equity of 8.66 percent or higher. First Farmers reached No. 13.

Densborn namedYoun Impact Scholar

Elissa Densborn, Director of Enterprise Risk Management for MPI Corp., parent company of several Logansport facilities, has been named as a Youn Impact Scholar by the Kellogg School of Management at Northwestern University.

Densborn, a 2014 Masters of Business Administration candidate, is one of only five students so honored.

Densborn was recognized primarily for her work as an adviser to Byoearth, a Guatemalan, woman-owned enterprise that develops vermicomposting systems useful to sustain the most vulnerable elements of the Guatemalan population and the environment it inhabits.

Densborn is expected to earn her master’s degree with honors in June. In 2011, she joined MPI Corp. after a stint in the Chicago office of the international accounting firm, PwC.

MPI Corp. is a multi-national investment holding company headquartered in Indianapolis. Its operating companies, Small Parts Inc., ABC Metals Inc. and HTI are based in Logansport, with plants also located in Texas and Mexico.

Monticello chamber schedules golf outing

MONTICELLO — The Greater Monticello Chamber of Commerce and Visitors Bureau will celebrate the 20th anniversary of the Christmas in July golf outing on July 11 at Pine View Golf Course with tee-off times at 7:30 a.m. and 1 p.m. Lunch is scheduled at 11:30 a.m.

Part of the proceeds support the White County Scholarship Fund, which awards four scholarships annually, one to each White County school.

Chamber membership is not required to participate in the 18-hole shotgun-start scramble.

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