The Press-Dispatch

October 16, 2019

The Press-Dispatch

Issue link: http://www.ifoldsflip.com/i/1176874

Contents of this Issue

Navigation

Page 4 of 32

A-4 Wednesday, October 16, 2019 The Press-Dispatch LOCAL Call: 812-354-8500 Email: news@pressdispatch.net or bring in a hard copy: 820 E. Poplar Street, Petersburg Continued from page 1 NEW-TECH NEWS BRIEFS Blue Jeans Center hosts Sunday dinner The Blue Jeans Community Center in Monroe City will host Sunday dinner, Oct. 20 from 11:30 a.m. to 1 p.m. The menu will include: Ham, hot chicken salad, sweet potatoes, corn casserole, greens and apple sal- ad. Carry-outs available. All proceeds benefit the center. Free community meal at The Gathering Place Sunday, Oct. 20 There will be a free community meal at The Gath- ering Place, 207 E. Lafayette Street, Winslow, Sunday, Oct. 20 from 5 -6:15 p.m. Everyone is welcome to come for dinner and dessert. The meal will be provided by Freedom and Fire Church. For more information or questions, call 812-582-2562. Upcoming event? We want to know! Do you have an upcoming event? Send it to news@ pressdispatch.net or call 812-354-8500. READER GUIDE Subscriptions: Change of address: subscribers changing addresses will please give old address as well as new one along with phone number. We cannot guarantee prompt change unless this is done. POSTMASTER: Send address changes to The Press-Dispatch., P.O. Box 68, Petersburg, IN 47567-0068 or e-mail to subscribe@ pressdispatch.net. Subscription rates: One year: $31 for Pike County and all 475/476 zip codes; $34 in the state of Indiana; $51 elsewhere in the USA. Paid in advance. Subscriptions taken after noon on Friday will not receive a paper until the second edition after their subscription date. About us: Andy Heuring and John B. Heuring, Publishers Andy Heuring, Editor John B. Heuring, Adv. Mgr. Eric Gogel, Production Mgr. Monica Sinclair, Office Mgr. Dennis Marshall, Sports Editor Cindy Petty, Adv. Sales Pam Lemond, Adv. Sales Matt Haycraft, Adv. Designer • • • Published every Wednesday by the Pike County Publishing Co. Phone: 812-354-8500 820 E. Poplar St., P.O. Box 68, Petersburg, IN 47567-0068 • • • Entered in the Post Office in Petersburg, Indiana for transmission through the mails as Periodical Mail, postage paid at Petersburg, Indiana – published weekly. (USPS 205-620) Contact us: Phone: ...................................................................812-354-8500 Fax: ....................................................................... 812-354-2014 E-mail: Andy Heuring, Editor editor@pressdispatch.net Advertising ads@pressdispatch.net General News news@pressdispatch.net Sports sports@pressdispatch.net Subscription Services subscribe@pressdispatch.net 9RHIVWXERHMRK 2IHMGEVI .RWYVERGI We understand how hard it can be to understand Medicare plans, and we want to help. We are partnering with the State Health Insurance Assistance Program (SHIP), an impartial health insurance counseling program part of the Indiana Department of Insurance and funded by CMS, to present a free program entitled "Understanding Medicare Insurance". Melanie Wilkinson, Southwest Indiana Volunteer Supervisor for SHIP, will present unbiased information on Medicare supplements and Medicare replacement plans to help seniors and their families make informed choices. Wilkinson will present general Medicare information and provide education on what changes can be made during Open Enrollment. A free dinner will be provided. To pre-register, visit mhhcc.org and click on "Classes & Events" or call 812-996-2352. Deadline to register is Wednesday, October 23. Wednesday, October 30, 2019 6:00 - 7:15 pm ET Main Street Presbyterian Church 910 Main Street Petersburg, IN Saturday, Oct. 19, 9am to 4pm • Sunday, Oct. 20, 10am to 4pm Dubois County 4-H Fairgrounds, Hwy 162, 5 miles south of Jasper Parking fee: $3 per vehicle WBDC Live Remote For more info, go to http://www.4riversartsandcras.com/ Like us on Facebook Over 250 booths! Everything is hand craed! Four Rivers Arts & Crafts Association's 43rd Annual Harvest Home Arts & Crafts Festival New Special Each Day! Party With Us All Week! Located on the square in Jasper 812.482.3200 Mon.-Fri. 10am-5:30pm, Sat. 10am-4pm Follow us on JUST Fine Clothing and Shoes • Unique Home Decor • Accessories • Gifts Anniversary Sale Now thru Saturday, Oct. 19 Register f Daily Prize Giveaway! CELINE DION CONCERT TICKETS Tuesday, Oct. 22 at the KFC Yum Center in Louisville Grand Prize Drawing on Oct. 19 MARRIAGE LICENSES Corbin R. Dixon, 31, of 705 E. Union St., Winslow, son of Rodney, Jr. and Savannah Dixon, to Kyndra Lynn Beatty, 29, of 4000 Shady Point Dr., Rhinelander, Wisc., daughter of Rodney and Sandra Beatty. Logan Andrew McGregor, 27, of 2288 W. CR 200 N., Petersburg, son of Raymond and Lesley McGregor, to Madeleine Rae Straw, 29, of 2288 W. CR 200 N., Peters- burg, daughter of Danny Straw and Angela Wojtowicz. Henry Alvis Dozier, 22, of 302 E. Cedar St., Peters- burg, son of Patrick and Carla Dozier, to Katie Marie Kendall, 20, of 302 E. Cedar St., Petersburg, daughter of Charles Kendall and Stacy McGavock. William Clint Peer, 43, of 1959 W. CR 350 N., Peters- burg, son of Marvin and Wilma Peer, to Julia Love- less, 26, of 1959 W. CR 350 N., Petersburg, daughter of James and Janice Loveless. and St. Louis. Jade and Jason knew each other in grade school, as both went to Petersburg Elementary School. Jason then met Justin, who attend- ed Winslow Elementary School. "I have known Jus- tin since the fourth grade and Jade even longer. . . but that really isn't why we got together," said Clark. A fter high school, the three headed their sepa- rate ways. Justin went to DePauw in Greencastle. A fter col- lege, he went to work for Arthur Anderson from 1994 to 1997. He then started his own company involved in plastics. But when he tried to take it public, the inter- net bust of the late 1990s caught him. "I learned a lot of good lessons." He then went to work for GE, where he did merg- ers and acquisitions for two years. Then when they bought a company in Eu- rope, he moved to Ham- burg, Germany, and ran the company that did x-rays for manufacturing. Dye then moved back to the United States to take a job with Cerberus, which is a $ 30 billion hedge fund. He did private equity in- vesting for them. One of the transactions was Alb- ertsons grocery stores. It was something of which he had first-hand knowledge, as a kid he grew up in his step-grandfather Charlie Young's Lucky Dollar store in Winslow. Then when his stepfather, Matt Dye, took it over, he worked there. He did a little of everything, in- cluding sorting bottles, cut- ting, grinding hamburger, slicing meat, doing payroll, taking coins out of the soft drink machines, checkout, bagging groceries, restock- ing shelves, calling people to come fix the coolers and so on. "It is a hard busi- ness. You have to do things right," said Dye. Dye was named to head up running Albertson's for Cerberus. He said work- ing in a small town grocery store, having to take on all the tasks of the business, gave him great insight in- to running a national chain. "You are doing the same thing, just thousands of times," said Dye. When they bought Al- bertsons, they had 192 stores; however, he said the Federal Trade Commis- sion made them sell off 150 stores to another grocery chain. Within six months, that chain went bankrupt and Albertsons then bought them back for "pennies on the dollar." During his time heading up Albertsons, they grew to 2,220 stores in 42 states. Dye had 185,000 employees working for him. Along the way, one of the store chains they pur- chased was Safeway. Dye also reaped some of the perks of running 2,220 gro- cery stores. One of them was get- ting to play in the ProAm of the Safeway Open in Boi- se, Idaho. The ProAm is a fundraising event at each PGA tour event. Celebri- ties, CEOs and so on pay to play with a PGA tour player. In this case, Dye got paired with Keegan Bradley. His round or at least his tee shot will live on in history. The ProAm typically takes place on Wednesday before the actual tournament starts on Thursday. The Golf Chan- nel usually only has camer- as on one or two holes. This day they had one on a par three hole. They stop and talk with the pro and may- be a couple of the amateurs and show them hitting the ball to get them a little ego return for their big donation to play. Dye, while on camera, hit a hole in one. It has been posted to YouTube, where it will live on in digital eter- nity under the heading Am- ateur's dreams come true at Safeway. In 2016, at the age of 44, he retired and moved to Bo- ca Raton with his family. A fter sometime being retired, Dye decided he needed something to keep him busy. So he started Dye Capital, doing what he loves. "We buy companies, grow them and make them better, and bring in our management team." During his career with Albertsons, he ran across his friend, Jade Culbertson. Culbertson, also a Pike Central grad, worked in heating and air condition- ing. Culbertson, after high school, joined the Army and served in Desert Storm. In college, he completed two years of college and then finished a degree in me- chanical engineering from the University of Evans- ville and a degree in busi- ness management degree from Tusculum University. While in college, Culbert- son worked as a Commer- cial Sales Engineer for ma- jor air-conditioning compa- nies, including Trane and Carrier, in Indiana, Illinois and St. Louis. In those jobs, he worked on several major projects such as the Victory Theatre in Evansville, Toyo- ta Manufacturing in Princ- eton, Vectren Headquar- ters in Evansville and Ger- man American Bank in Pe- tersburg. He then took a job with Carrier Corporation in Ten- nessee, where he served as the Commercial Sales Man- ager and Senior Sales En- gineer in east Tennessee. Culbertson said his ulti- mate goal was to become a National Sales Manag- er. In 2011, he was offered that position with the Ger- man company Guntner. They hired him to open sales channels in the Unit- ed States for their system that saved 70 to 90 percent on water usage. Then in 2014, he said, af- ter being required to do "ex- tensive international trav- el," he was ready to settle down. He took a similar po- sition with Panasonic Corp., managing their HVAC sales in North America. "This was an extremely reward- ing opportunity and offered me the opportunity to be in- volved with a major technol- ogy company and many in- teresting projects like the Tesla Gigafactory in Sparks, Nev., where Panasonic supplies all of the batter- ies for the Tesla vehicles," said Culbertson. Panasonic is a major sponsor at the Indy 500 and they took a big part in the 100th running of the India- napolis 500 in 2016. He invited his old friend, Justin, and Justin's father to that race. It would lead to big things. (See part II in next weeks edition of The Press-Dis- patch). Justin Dye (l) and Jade Culbertson (r), founders of ripKurrent, with Indy car driver Charlie Kimball. Kimball drives the ripKurrent sponsored Indy Car.

Articles in this issue

Links on this page

Archives of this issue

view archives of The Press-Dispatch - October 16, 2019