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USA Today
16-07-2025
- Business
- USA Today
NFL linebacker Jaylon Smith opens ramen restaurant near Notre Dame alma mater
Las Vegas Raiders' Jaylon Smith is opening the first of what could be as many as eight or more Jinya Ramen Bar locations where he first rose to national prominence as a star linebacker for the University of Notre Dame's Fighting Irish. The sleek new 65-seat restaurant in South Bend, Indiana opened to the public on July 9, with the first 100 customers in line for the 11 a.m. opening receiving a free bowl of ramen ― and the chance to interact with Smith, who's now gearing up for his eighth season in the NFL. 'I wanted to bring something back to Notre Dame and the community,' Smith said of the restaurant that he partnered on with restaurateur Jim Wang. 'And I'd like to open several more in Indiana.' Smith, who originally is from Fort Wayne and starred at Bishop Luers High School before coming to Notre Dame, said his hometown would be an obvious choice for a location in the future, and suggested he's already begun scouting out possible locations. 'I'm Indiana through and through,' he said, while enjoying lunch at the new restaurant that fronts East Pokagon Street between Napoleon and St. Vincent streets. 'I bleed the Hoosier state; it's where I'm from.' Founded in 2010 by CEO Tomo Takahashi, the new Jinya is the 74th for the Los Angeles-based chain that prides itself on serving fresh, made-to-order entrées and appetizers with plenty of vegan and vegetarian options. For the curious, Jinya means a place of community and connection in Japanese, according to the restaurant. Prices for appetizers range from about $5 to $15 and dinners run from $20 to $40, and there's a full bar with mixes and syrups made on site. The restaurant, which is family friendly, is open from 11 a.m. to 11 p.m. Sundays through Thursdays and from 11 a.m. to midnight Fridays and Saturdays. Pro athletes raise money: NFL's Gronkowski throws pickleball fundraiser, raises thousands for The Jimmy Fund Mixing business and football The new restaurant is one of several business interests for Smith since being selected by the Dallas Cowboy in the 2016 NFL draft. 'I've been an entrepreneur for nine years,' he said. Clear Eye View or CEV glasses and sunglasses and the Cycle Management Group, which provides financial education and insurance services, are among several business and philanthropic interests for the linebacker. Unlike some athletes who have famously burned through career earnings, Smith said he does a lot of research and verification before deciding where to invest his money. 'I don't hand money over with blind trust,' he said. 'That's being lazy,' said Smith, who knows about the extreme work it takes to come back from a devastating knee injury like the one he suffered in the 2016 Fiesta Bowl. The winner of the Butkus Award for linebackers, Smith was projected as a top five pick in the NFL draft prior to the injury. But work, determination and faith helped him overcome the knee injury and enjoy a lengthy career in the NFL. 'It was the first time that I worried that football could be taken from me,' he said. Now, Smith is planning for his future after football, developing businesses while splitting time between Fort Wayne, Texas and now Las Vegas. He even hopes to eventually partner with one of his old teammates at Notre Dame on a project. 'God willing, I have three more years of football,' he said. Email Tribune Market Basket columnist Ed Semmler at esemmler@ with tips about retail and restaurant openings and closings.
Time of India
16-07-2025
- Business
- Time of India
Indian mining and construction equipment industry to report 2-5% volume growth in FY26: ICRA
NEW DELHI: Indian mining and construction industry (MCE) industry is expected to display a muted year-on-year volume growth of 2–5% in FY26, corresponding to volumes of 1.43-1.47 lakh units, according to ICRA , a rating agency. Following the decline witnessed in Q1 FY26, the agency anticipates an acceleration of new award activity in H2 FY26, especially by the government. Higher costs engendered by the construction equipment vehicles (CEV)-V norms, are likely to dampen demand and squeeze OEM margins. Ritu Goswami , sector head (Corporate Ratings), ICRA, said, "The tepid new award activity and slowdown in road construction and Jal Jeevan Mission (JJM) projects has also hampered demand for the earthmover segment, which constitutes a bulk of the Indian MCE sector demand. Given the observed weakness in domestic demand during Q1 FY2026—which is expected to persist into Q2 as monsoon conditions impact the construction sector—industry recovery hinges on the improved traction in H2 FY2026.' The Indian MCE industry reported a marginal volume decline (1% year-on-year) in Q1 FY26 as per the initial data released by the Indian Construction Equipment Manufacturers Association (ICEMA). While the domestic volumes contracted by 4% year-on-year, a strong 31% year-on-year growth in exports supported the overall sales during this period. In Q1 FY26, the growth of 31% in exports was led by backhoe loaders, excavators and skid steer loaders, which cumulatively accounted for 76% of the total exported volumes and saw a 34% year-on-year growth. 'From January 1, 2025, regulatory changes viz. CEV stage V emission norm transition and mandatory safety features became effective for wheeled construction equipment in India. It has led to increased prices for compliant machines, which are likely to be passed on to the customer (partly or fully) over the next few quarters. This, coupled with seasonality in sales (generally slow during rainy season) and subdued awarding activity for infrastructure projects, will weigh on the domestic demand sentiments for the MCE industry during H1,' Goswami added. In terms of financial metrices, the aggregate revenue for the Indian MCE industry is expected to have moderated to single digit year-on-year growth in Q1 FY26, given the flat volumes. On the cost front, the higher cost of CEV-V compliance, coupled with increased steel cost (due to safeguard duty imposed by the Government of India on non-alloy and alloy steel flat products in April 2025) is likely to have impacted the year-on-year profit margins during the quarter, as price hikes to offset the impact are generally taken in a staggered manner. Notably, the large players in this segment are all unlisted.
Indianapolis Star
09-07-2025
- Business
- Indianapolis Star
Former Notre Dame football star opens first restaurant, hopes for many more: 'I bleed the Hoosier state'
SOUTH BEND — Jaylon Smith is opening the first of what could be as many as eight or more Jinya Ramen Bar locations where he first rose to national prominence as a star linebacker for Notre Dame football. After a soft opening on Tuesday, the sleek new 65-seat restaurant in Eddy Street Commons opens to the public July 9, with the first 100 customers in line for the 11 a.m. opening receiving a free bowl of ramen ― and perhaps the chance to interact with Smith, who's now playing for the Las Vegas Raiders. 'I wanted to bring something back to Notre Dame and the community,' Smith said of the restaurant that he partnered on with restaurateur Jim Wang. 'And I'd like to open several more in Indiana.' Smith, who originally is from Fort Wayne and starred at Bishop Luers High School, said his hometown would be an obvious choice for a location in the future ― and suggested he's already begun scouting out possible locations. 'I'm Indiana through and through,' he said, while enjoying lunch at the new restaurant that fronts East Pokagon Street between Napoleon and St. Vincent streets. 'I bleed the Hoosier state; it's where I'm from.' Founded in 2010 by CEO Tomo Takahashi, the new Jinya is the 74th for the Los Angeles-based chain that prides itself on serving fresh, made-to-order entrées and appetizers with plenty of vegan and vegetarian options. Larry Fitzgerald's son is latest: Notre Dame football recruiting class built with NFL legacies For the curious, Jinya means a place of community and connection in Japanese, according to the restaurant. Prices for appetizers range from about $5 to $15 and dinners run from $20 to $40, and there's a full bar with mixes and syrups made on site. The restaurant, which is family friendly, is open from 11 a.m. to 11 p.m. Sundays through Thursdays and from 11 a.m. to midnight Fridays and Saturdays. The new restaurant is one of several business interests for Smith since being selected by the Dallas Cowboys in the 2016 NFL Draft. 'I've been an entrepreneur for nine years,' he said. Clear Eye View or CEV glasses and sunglasses and the Cycle Management Group, which provides financial education and insurance services, are among several business and philanthropic interests for the linebacker. Unlike some athletes who have famously burned through career earnings, Smith said he does a lot of research and verification before deciding where to invest his money. 'I don't hand money over with blind trust,' he said. 'That's being lazy,' said Smith, who knows about the extreme work it takes to come back from a devastating knee injury like the one he suffered in the 2016 Fiesta Bowl. The winner of the Butkus Award for linebackers, Smith was projected as a top-5 pick in the NFL draft prior to the injury. But work, determination and faith helped him overcome the knee injury and enjoy a lengthy career in the NFL. 'It was the first time that I worried that football could be taken from me,' he said. Rivalry renewed? With USC-Notre Dame football on the brink, Irish greats find the prospect 'disheartening' Now, Smith is planning for his future after football, developing businesses while splitting time between Fort Wayne, Texas and now Las Vegas. He even hopes to eventually partner with one of his old teammates at Notre Dame on a project. 'God willing, I have three more years of football,' he said.
