Government & Economic Development

CIB chief: $160M Pacers deal won't require tax hike

April 11, 2014
Greg Andrews
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
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Cabinet maker plans to hire 262 workers

April 11, 2014
 IBJ Staff
Jasper-based MasterBrand Cabinets Inc. expects to boost the work force and capacity at its Ferdinand operations, which already employ 1,500.
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Pence set for weeklong trade mission to Germany

April 11, 2014
Associated Press
The governor's office says Pence will leave Saturday, leading an eight-person group that includes first lady Karen Pence and state Commerce Secretary Victor Smith.
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ANALYSIS: Turner stood to lose big in Statehouse fight

April 10, 2014
Associated Press analysis
A top Indiana lawmaker, his family and investors in their company risked losing millions in future profits if a proposed ban on construction of new nursing homes in Indiana had become law this year, an Associated Press review has found.
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UPDATE: City reaches $160M deal with Pacers

April 10, 2014
Greg Andrews, Cory Schouten
The city's Capital Improvement Board will spend $160 million over 10 years on subsidy payments and stadium improvements for the Indiana Pacers in exchange for a lease extension through the 2023-2024 season.
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Ulta targets Greenwood for $51M distribution center, 537 jobs

April 10, 2014
 IBJ Staff
Beauty products maker Ulta Inc. plans to open a fulfillment and distribution center in Greenwood that will employ as many as 537 people by 2018, the Bolingbrook, Ill.-based company announced Thursday afternoon.
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Law firms fight 'onerous' tax shift for service businesses

April 10, 2014
Indiana Lawyer Staff, Dave Stafford
The proposed switch in accounting methods could create cash-flow nightmares for medical-service providers, accounting, engineering, consulting and other professional-services companies with revenue over $10 million.
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State to work with Pew on economic development

April 9, 2014
Andi TenBarge, The Statehouse File
The Pew Charitable Trusts has named Indiana one of seven states to participate in its 18-month initiative to discover effective business practices for economic development and remaining transparent to the public.
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State slams glass factory with record safety fine

April 9, 2014
Dan Human
The death of one worker and an injury to another prompted investigations at Pilkington North America's plant in Shelbyville.
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Councilor: ACLU settlement won't deter panhandling proposal

April 9, 2014
Kathleen McLaughlin
Councilor Jeff Miller said the city's settlement with the American Civil Liberties Union over panhandling enforcement shouldn't deter a City-County Council effort to pass a more restrictive ordinance.
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State green-lights deeper look into fuel costs at Duke plant

April 9, 2014
Dan Human
A state agency for utility consumers had requested additional scrutiny for periods late last year when Duke Energy Indiana's Edwardsport plant consumed more energy than it produced.
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WellPoint spending millions in California ballot battle

April 9, 2014
Bloomberg News
WellPoint Inc. is leading companies that have poured $13.4 million into defeating a ballot initiative that would give California regulators the power to reject increases in health policy premiums.
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Indiana found most transparent in study of state data access

April 9, 2014
Bloomberg News
California, the U.S. state with the largest population and budget, offers the least website access to its government spending data, according to a new study. Indiana provided the most information.
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Indianapolis reaches agreement with panhandlers

April 9, 2014
Associated Press
Panhandlers will be able to continue begging for money in Indianapolis as long as they don't harass motorists, under an agreement reached with the ACLU.
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Pence renews talks over $2.1B fertilizer plant

April 8, 2014
Associated Press
Indiana economic development officials have renewed talks with Pakistan-connected developers who want to build a major fertilizer plant in southwestern Indiana, one year after the state withdrew its support for the project over national security concerns.
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Partisan battle freezes proposal to repave ravaged city streets

April 7, 2014
Kathleen McLaughlin
A Democrat-controlled City-County Council committee has tabled a proposal to spend $8 million in Rebuild Indy funds to repair thoroughfares hit hard by the brutal winter. Democrats say the project would favor Republican districts.
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Tax revenue stabilizes in March but still behind for fiscal year

April 7, 2014
 The Statehouse File
For the fiscal year – which began July 1 – total tax collections are still about $71 million behind the estimates used to write the current two-year budget.
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Manufacturers help drive recycling bill to passage

April 6, 2014
Associated Press
A state lawmaker who co-authored legislation setting a goal for Indiana to eventually recycle at least half of its municipal waste says the state's resource-hungry manufacturing industry was a key to the bill's passage this year.
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CarDon trying to adjust nursing homes to hospitals, insurers, patientsRestricted Content

April 5, 2014
J.K. Wall
Family-run company is building nursing homes it thinks will be more attractive to residents and staff.
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Hospitals might chip in to expand Medicaid

April 5, 2014
J.K. Wall
If Indiana hospitals want an expansion of insurance coverage for low-income Hoosiers, Gov. Mike Pence thinks they should contribute toward the hundreds of millions of dollars it would cost.
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Indiana seed commissioner seeks federal hemp OK

April 4, 2014
Associated Press
Although the Indiana Legislature approved a measure allowing hemp to be grown in the state, the state still needs permission from the U.S. Drug Enforcement Administration and the U.S. Department of Agriculture.
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Indiana mayors frustrated by FEMA aid rejection

April 3, 2014
Associated Press
State officials had sought federal grants for government and certain not-for-profit organizations in 49 counties to cover storm costs.
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Manufacturer's group gives high grades to legislative session

April 3, 2014
 IBJ Staff,  The Statehouse File
The Indiana Manufacturers Association released its scorecard for the 2014 legislative session Wednesday and applauded the results.
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INDOT seeks proposals to privatize Amtrak Chicago route

April 2, 2014
Associated Press
The Indiana Department of Transportation is seeking bids from companies interested in operating train service run by Amtrak between Chicago and Indianapolis.
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Supreme Court voids overall political contribution limits

April 2, 2014
Associated Press
The justices said in a 5-4 vote that Americans have a right to give the legal maximum to candidates for Congress and president, as well as to parties and PACs, without worrying that they will violate the law when they bump up against a limit on all contributions.
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  1. Only half a million TV Viewers? And thats an increase? I knew Indycar was struggling but I didn't know it was that bad. Hell, if NASCAR hits 5 Million viewers everyone starts freaking out saying its going down hill. It has a long way to before Indycar even hits NASCAR's bad days.

  2. IU has been talking that line for years with no real progress even with the last Dean, Dr. Brater. Why will an outsider, Dr. Hess, make a difference? With no proof of additional resources (cash in the bank), and a concrete plan to move an academic model that has been outdated for decades with a faculty complacent with tenure and inertia, I can count on IU to remain the same during the tenure of Dr. Hess. One ought to look to Purdue and Notre Dame for change and innovation. It is just too bad that both of those schools do not have their own medical school. Competition might wake up IU. My guess is, that even with those additions to our State, IU will remain in its own little world squandering our State's tax dollars. Why would any donor want to contribute to IU with its track record? What is its strategy to deal with the physician shortage for our State? New leadership will not be enough for us to expect any change.

  3. How do you think the Bridges got approved? I spent a couple days researching PAC's and individual contributions to some city council members during that time. My printouts were inches thick on the two I concentrated on. Finally gave up. Was disgusted with all the donations, and who they were from. Would have taken me days and days to compile a complete list. Tried to give it to the Star reporter, but he thought it was all just fine. (and apparently he was treated well himself) He ended up being laid off or fired though. And then of course, there was land donated to the dad's club, or city, as a partial payoff. All done in the shining example of "charity." No, none of these contributions are a coincidence.

  4. I agree what kind of help or if any will be there for Dr. Ley's patients. I was a patient myself.

  5. What about the hundreds of patients who sought this doctor for the right reasons, to quit drugs. what option do these patients now have, experience horrible withdrawl or return to heroin?? those are the choices. what about the children of these former addicts who's parent(s) WILL not b able to maintain their job, for @ least 2 weeks.. There needs to b an emergency clinic opened for these patients.

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