Business

American Axle and Manufacturing appears to be in store for a new product line that could generate at least 200 new jobs at the Three Rivers plant. Company officials said the local plant would benefit from American Axle’s $1.1 billion overall corporate expansion to create components for a passenger/crossover vehicle being developed and introduced by a yet-unnamed manufacturer. A public …

Constantine village officials this week approved a 12-year, 50 percent abatement of about $55 million in equipment and building improvements to a prospective new tenant at the former Rexam packaging plant. During Wednesday’s special meeting, the council agreed to support the tax exemption sought by Indiana-based Nature’s Fuel. The company converts scrap wood into marketable bio-fuels. The Rexam plant closed …

New Year’s Eve revelers will have a chance to catch a free ride home, as the St. Joseph County Transportation Authority is offering complimentary rides to any location in the county. The service, which is resuming after a one-year hiatus, will begin at 10 p.m. Saturday and conclude at 4 a.m. Sunday. The cost to support the special service is …

Kellogg Community Federal Credit Union has announced that its merger with St. Joseph Valley Community Federal Credit Union has been finalized. The deal, which became official earlier this month, completes a process that started in September. As a result, former clients with the St. Joseph Valley Credit Union now fall under the services of Kellogg Community Credit Union, which has …

Constantine village officials were told Monday that an Indiana-based company is expecting to close soon on the purchase of the former Rexam plant in the village’s industrial park. During a public hearing at Monday’s village council meeting, officials from Nature’s Fuel said a few legal matters are being reviewed by their legal team. Glenn Johnson, chief operating officer, said the …

As the Michigan House of Representatives’ 2011-12 legislative session reaches its halfway point, State Rep. Matt Lori said 2011 has been a year of significant reform resulting in a leaner, more-efficient government. Lori added that steps taken in 2011 show that House members concluded a year of business-tax reforms budgetary restraints and making state spending more transparent. The Constantine-area resident …