August 7, 2008
Nestle has gotten the green light from the city of Anderson to build a 50-foot-tall rabbit near the companyâ??s
new Nesquik plant along I-69.
The steel and fiberglass rabbit will look like the smiling cartoon logo thatâ??s been on...
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July 9, 2008
Competition for jobs and investment has become so fierce that companies with a good growth plan are firmly
in the driverâ??s seat.
A local example is Bowen Engineering Corp., which is asking for $290,000 in incentives from Indianapolis to
move its...
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June 25, 2008
Thereâ??s nothing like travel to change oneâ??s perspective on the world.
Graham Toft, perhaps the stateâ??s most experienced economic development expert, has traveled a lot in the
past
couple of years, consulting to state governments worried about rebounding from their doldrums.
The...
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May 9, 2008
Manufacturing seems to churn out about as many lay-off headlines as cars these days, but plenty of good
news about the sector is buried in a recent Ball State University study.
Indiana manufacturing workers are accomplishing far more work than peers...
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March 21, 2008
Draw a line from Richmond in east-central Indiana toward the Chicago area, and youâ??ll find some of the
most
depressed space in the state.
The stretch includes the once-mighty manufacturing centers of Anderson, Gas City, Muncie, Kokomo and Logansport.
Factories and...
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March 17, 2008
Forget outsourcing. A Michigan research group says the larger problem for manufacturing will be finding enough
domestic workers to navigate the complexities of modern factory floors.
The Center for Automotive Research in Ann Arbor contends in a recent report that while...
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March 10, 2008
BMW said today it will expand its plant in Spartanburg, S.C., to make the X3 and X5 sport-utility vehicles.
Another model destined for the plant is the X6 coupe.
The cost of imports has risen as the value of the...
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December 21, 2007
Decades ago, when Indianapolis was an industrial center, the economies of the city and the state tended to
march in unison. When manufacturing cut back, pretty much everyone felt it.
But the Indianapolis area and the state have been growing apart...
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November 5, 2007
It wasnâ??t so long ago that Marion was the poster child for Rust Belt decline in Indiana. The city, which
is just off Interstate 69 between Indianapolis and Fort Wayne, lost a string of manufacturers and then finally
the big...
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Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.