WWW.POSEYCOUNTYNEWS.COM • SERVING THE COUNTY SINCE 1882 • THE POSEY COUNTY NEWS
JUNE 30, 2015 • PAGE A7
SCHOOL/BUSINESS/AG
Jeff Will brings talent, experience to O’Risky Excavating Will attended Indiana State University for two years where he majored in accounting and finished a degree at Ivy Tech. O’Risky said Will has a lot to offer a company such as his. “He understands both large and small projects,” O’Risky said. “He understands how to deal with people. His background in math helps him understand costs and understand the financial side of the business. He is able to deal with every aspect of the project, from the time contact is made with the client until the project is finished and even follow-up. Jeff will be good with all those things.” Will said his experience is in the area of working with the project, understanding the project and what the customer wants and then managing that project to completion is his area of greatest expertise. “For me, it seems like we have accidentally pursued each other for years,” Will said with a smile. O’Risky’s business requires that someone be versatile as it entails many aspects and various types of projects, including Commercial Excavating, Residential Excavating, as well as Commercial and Residential Development. O’Risky’s agriculture services include land clearing, ditch clearing and re-establishment, grass waterways, terracing, terrace maintenance, and tiling. Jeff Will is excited to join O’Risky Excavating as operaOn the demolition side, the company specializes in demolition tions manager. Seen here in front are his children, Clay of residential and commercial structures, removal of trees and and Hannah. In back are Jeff and his wife Amy. Photo stumps, and demolition and removal of concrete and asphalt area submitted such as parking lots, drive-ways and sidewalks. The company also handles septic systems, both commercial – O’Risky uses Western brick-faced forms that give the look of and residential. O’Risky is equipped to design, build, install, re- real brick retaining walls. Our crew has extensive experience in soil relocation and precision grading. pair and maintain septic systems. The company offers construction and maintenance of storm “We have the experience to design and install the most challenging and unique septic systems,” O’Risky explained. “With sewer, sanitary sewers, water lines, and site utilities as well as years of specialized experience and the right heavy equipment, On-Call and Contract snow removal services for parking lots and our team provides everything needed for safe and properly-in- subdivisions as well as residential and commercial properties. Both men are anxious to begin working together to see what stalled systems that meet environmental, state and local codes.” Another area of particular notoriety is poured wall construc- two Posey County men can accomplish together with the comtion. The company does Basement Construction, Thermomass pany’s other employees. Both men invite old and new friends to Insulation wall construction, and builds concrete retaining walls contact Will or the company at 812-985-5974.
By Dave Pearce Most businessmen will tell you they ‘like it when a plan comes together.’ Two Posey County men have decided to combine talents and efforts as Jeff Will has joined O’Risky Excavating Company, owned by Jeff and Linda O’Risky. “To have the opportunity to add a man of Jeff Will’s caliber to our company is something that doesn’t come along every day,” O’Risky said of his long-time friend Will. “He works great with people and is incredibly active in the community. He has a tremendous work ethic and the aptitude to oversee projects to their completion.” Will began his job as operations manager for O’Risky Excavating this week and is excited to be a part of a Posey County family-owned business. “The timing was right for both of us so it was somewhat of a mutual situation,” Will said of his new position. “We have known each other for a long time so I feel like it has been a lifelong interview process for both of us. I knew his company was well-known and respected for fantastic work and I knew he was someone I would like to work with. I look forward to helping Jeff take the company to another level.” “I will wear many hats for the company,” Will said excitedly looking toward the future. “I will estimate jobs, manage the projects, and meet with clients.” Will is a 1993 North Posey high School graduate and is married to another North Posey High School graduate Amy (Becker) Will. They have two children, Hannah and Clay, who are in the school system. But the new assignment did not come without preparation on the part of both men. “For the past 19 years, I was a Test and Balance Technician for Midwest Mechanical Services, Inc., managing very large commercial projects in pharmaceutical companies, hospitals and recently at the Ford Center downtown,” Will explained. Although O’Risky admits he has had his business eye on Will for some time, it wasn’t until recently that Will realized that it might be time for a change for something where he could use more of his skills doing something a little different.
Harmony Township
Three Past Indiana FFA State Officers from Posey County attended the Indiana FFA State Convention at Purdue University this week. Dave Reese, left, FFA Advisor and agriculture teacher at Mount Vernon and State Officer for 1972-73, Kayla Hoenert, Purdue student and State Officer for 2013-14, and Steve Herrmann, State Officer for 1979-80. All three were North Posey High School graduates from a group of 13 Past State Officers from Posey County, and graduates of Mount Vernon or North Posey high schools. Photo submitted
Harmony Township Farm Bureau met for a luncheon meeting at the Red Wagon Restaurant Tuesday, June 9. Rev. John Adams gave the blessing before the meal. President Charles Huck opened the business meeting with pledge to the flag with Madison Schenk as flag bearer. Carla Schenk, Posey County Women’s Leader reported Farm Bureau will serve Monday night’s meal at the 4-H Fair July 13. The county Farm Bureau will have a booth and give away a deep-freeze during the fair. The Farm Bureau Women’s group will have an activity in August or Septem-
by Donna Creek
ber and Schenk will contact members with details at a later date. Samuel Belt, who is a ‘People To People’ Ambassador, gave a brief itenerary of his 19 day stay in Italy, France and England. While there he will participate in a service project and stay with a host family. Next meeting is August 11 at 5:30 p.m. at Murphy Park Kurt Hoehn of Hoehn Farms seen harvesting 2015 for a picnic. Hamburgers and hot dogs will be supplied and wheat crop just North of Mount Vernon. Photo by Bill members will bring side dish- Wilson es. Before adjournment, Huck read several humorous readings to the delight of the members.
MV Edward Jones supports school supply campaign Residents and businesses may help by bringing in items to the Edward Jones branch office during regular business hours from July 6, 2015 to August 14, 2015. The items needed for the
school supply drive include: 24 pack crayons, glue, glue sticks, pencils, pencil top erasers, children's scissors, markers, backpacks, folders, pocket folders, three-ring binders, wide rule notebooks, wide
rule loose leaf paper colored pencils, art boxes, children's underwear, socks and sweatpants. The branch address is 431 East Fourth Street, Mount Vernon, Indiana.
Selecting A Mutual Fund - Bryan Ruder, Financial Advisor Knowing the Risks of Bonds Investors can never be completely certain as to where yields on bonds are headed. But it is important that investors understand the quality of the bond and the risks that may affect the return of a bond they are considering for investment. To evaluate the credit quality of a bond, investors can look to organizations that rate various corporate bonds, such as Moody’s Investors Service and Standard and Poor’s. The highest quality investment grade rating is AAA by Standard and Poor’s and Aaa by Moody’s. Those bonds rated Baa or above by Moody’s and BBB or above by Standard and Poor’s are considered investment-grade. Bonds rated below investment grade are considered more speculative and carry greater risk. Also, investors need to be aware of the different types of risks that may impact bond’s return. These risks include: Inflation risk – Due to the fact that most bond interest payments are fixed, their value can be depleted by inflation. Therefore, the longer the term of the bond, the greater the inflation risk. Interest rate risk – The prices of bonds move in the opposite direction of interest rates. When interest rates rise, prices of outstanding bonds fall. This is because newer bonds will be issued paying higher coupons, making the older, lower-yielding bonds less attractive. On the other hand, when interest rates fall, prices of
outstanding bonds will rise. Call risk – Many corporate and municipal bond issuers have the right to redeem or ‘call’ their bonds before they have matured. When the bond is redeemed, the issuer is required to pay the bondholder the partial value of the bond only, which means the bondholder may get less that the market price of the bond, but will also have to reinvest his or her funds at prevailing rates. Credit risk – Because a bond is a debt instrument, there is a risk that the bond issuer will be unable to make its payments on time, or at all. If a company enters bankruptcy, bondholders will receive any money due before stockholders receive their portion, However, depending on the situation, there are no guarantees the bondholder’s investment will be returned at all. Liquidity risk – Bonds, in general, do not offer the liquidity that stocks provide. When purchasing a bond, investors need to remember that they generally should be considered a longer-term investment. Market risk – Because the rate on most bonds is fixed, the market value of these investments will fluctuate over time, reflecting current changes in interest rates. Bonds follow the laws of supply and demand. The more popular or less plentiful a bond, the higher the price it can command in the market. Bonds are often deemed a ‘safe’ investment. Like all investments, bonds do carry some risk and those risks need to be considered carefully.
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Hazel Hutchinson served as the emcee for the annual Alexandrea Meeker took advantage of the cool weathWadesville School Reunion er Friday, June 26 to relax in front of the Alexandrian on Saturday evening at the Public Library. She is the daughter of Tina Childers of Wadesville VFW. Photo by Mount Vernon. Photo submitted Dave Pearce
Shelby Lang waits for her daddy (Tom Lang) to pick her up in the combine during wheat harvest. Photo submitted
USDA opens enrollment period U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced that eligible producers may now formally enroll in the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for 2014 and 2015. The enrollment period begins June 17, 2015, and will end Sept. 30, 2015. “The extensive outreach campaign conducted by USDA since the 2014 Farm Bill was enacted, along with extending deadlines, is central to achieving an expected high level of participation,” said Vilsack. “We worked with universities to simplify these complex programs by providing online tools so producers could explore how program election options would affect their operation in different market conditions; these tools were presented to almost 3,000 organizations across the country. The Farm Service Agency also sent more than five million educational notices to producers nationwide and participated in over 4,880 educational events with more than 447,000 attendees. I am proud of the many committed USDA employees who worked hard
over the last several months to provide producers support to help them make these important decisions.” The new programs, established by the 2014 Farm Bill, trigger financial protections for agricultural producers when market forces cause substantial drops in crop prices or revenues. More than 1.76 million farmers have elected ARC or PLC. Previously, 1.7 million producers had enrolled to receive direct payments (the program replaced with ARC and PLC by the 2014 Farm Bill). This means more farms have elected ARC or PLC than previously enrolled under previously administered programs. Nationwide, 96 percent of soybean farms, 91 percent of corn farms, and 66 percent of wheat farms elected ARC. 99 percent of long grain rice farms, 99 percent of peanut farms, and 94 percent of medium grain rice farms elected PLC. For data about other crops and state-by-state program election results go to www.fsa.usda.gov/arc-plc. Covered commodities under ARC and PLC include barley, canola, large and small
chickpeas, corn, crambe, flaxseed, grain sorghum, lentils, mustard seed, oats, peanuts, dry peas, rapeseed, long grain rice, medium grain rice (which includes short grain and sweet rice), safflower seed, sesame, soybeans, sunflower seed and wheat. Upland cotton is no longer a covered commodity. The 2014 Farm Bill builds on historic economic gains in rural America over the past six years, while achieving meaningful reform and billions of dollars in savings for the taxpayer. Since enactment, the U.S. Department of Agriculture has made significant progress to implement each provision of this critical legislation, including providing disaster relief to farmers and ranchers; strengthening risk management tools; expanding access to rural credit; funding critical research; establishing innovative public-private conservation partnerships; developing new markets for ruralmade products; and investing in infrastructure, housing and community facilities to help improve quality of life in rural America. For more information, visit www.usda.gov/ farmbill.