Southern Indiana Business Report
Indiana Gov. Eric Holcomb presented longevity awards Aug. 15 to Indiana companies that have been in business for more than 50 and 100 years.
Two businesses from the Radius Indiana region were among those receiving the Governor’s Century and Half Century awards. A total of 48 awards were presented.
Springs Valley Bank & Trust
Holcomb, along with Indiana Secretary of Commerce David Rosenberg, presented Springs Valley Bank & Trust Company with the Governor’s Century Award, a recognition given to Hoosier businesses that have demonstrated resilience and dedication by operating continuously for at least 100 years.
“We are honored to receive the Governor’s Century Award,” said Craig Buse, president of SVB&T. “This recognition is a testament to the hard work, resilience, and dedication of our entire team over the past century. It reflects our unwavering commitment to serving our community and continuing to innovate while staying true to our values.”
Springs Valley Bank & Trust Company is headquartered in French Lick, and has administrative offices in Jasper. Springs Valley Bank has locations in Dubois, Daviess, Gibson and Orange counties.
Temple & Temple in Washington County
Temple & Temple Excavating and Paving in Salem received a Half Century award. The company was founded in 1948 by cousins Howard and Walter Temple and has been in business for 76 years.
Walter Temple’s son Ken leads the company as president and CEO.
“To see what the generations before me were able to accomplish has created a strong foundation for the company to thrive today,” said Ken Temple. “The recognition by the Governor and Indiana Secretary of Commerce would mean a lot to my father, one of the company’s founders.”
Since joining the company after earning his degree in engineering, Ken Temple has been instrumental in upholding and expanding the business. He credits his father for business lessons that stressed the importance of long-term investments in the company, its people and the community.
“Being in a position to give back to my community is what drives me,” Temple said. “My priority is to create lasting relationships that not only benefit the business, but also the communities we serve.”
One community Temple & Temple has been proud to serve through its philanthropic efforts is the Town of New Pekin.
“Temple & Temple Excavating and Paving has always been the biggest supporter of the Town of New Pekin,” said New Pekin Town Manager Jaden Stone. “They always assist with our projects for the community, most recently with a complete renovation of our basketball court at the Community Park and the Washington County Family YMCA’s planned expansion.”
According to a press release, Temple & Temple plans to continue its focus on providing quality infrastructure while expanding its offerings to meet the housing needs of Southern Indiana. The business currently has six proposed housing developments under consideration for READI 2.0 funding in the Town of New Pekin, the City of Salem, the City of Scottsburg, and the City of Charlestown.
“Indiana continues to prove why we have one of the best economic climates for entrepreneurship and small business creation,” said Holcomb. “That strong economic foundation was set by these businesses that have chosen to call the Hoosier state home for the last 50 to 100 years. The lifeblood of our growing economy is our Hoosier entrepreneurs and business owners who had the courage to turn a vision into reality, and I’m honored to recognize each and every one of these leaders today for their exemplary commitment to our state and their communities.”