Government & Economic Development

HICKS: Stimulus job creation has been surprisingly small

September 26, 2009
Mike Hicks
Earlier this month, the Obama administration released its estimate of the impact of the fiscal stimulus on job creation.
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New technology sparks growth for plastics welder

September 26, 2009
 IBJ Staff
Genesis Plastics Welding plans to double the size of its Fortville facilities to 50,000 square feet and add to its staff of 49 people
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Indiana improves in business tax ranking

September 25, 2009
 IBJ Staff
Indiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved the state up two places to 12th.
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Indy Partnership eyes more jobs from Germany

September 23, 2009
Scott Olson
An Indy Partnership official departed for Germany yesterday on a trade mission promoting economic development opportunities in the 10-county Indianapolis area.
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More IU, Purdue projects could move forward

September 19, 2009
Associated Press
More than $130 million in construction projects will get a chance to move forward after being put on hold over a top lawmaker's objections to the schools' tuition increases.
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Indiana turns away booze-distribution heavyweight

September 19, 2009
Cory Schouten
The Indiana Alcohol and Tobacco Commission has voted to deny liquor and wine permits for Southern Wine & Spirits of America Inc., the nation’s largest liquor distributor, citing concerns over a track record of anti-competitive behavior.
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Greenwood merger would create one of state's largest cities

September 19, 2009
Kathleen McLaughlin
The new city would count more than 80,000 residents. In terms of population, it would zoom past Fishers and Carmel to rank sixth or seventh in the state.
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NCAA, city haggle over Final Four rental dealRestricted Content

September 19, 2009
Anthony Schoettle
A little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee, the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual not to have an agreement pinned down in the months leading up to the event.
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FedEx trying to fend off reclassification of its workforce

September 19, 2009
 IBJ Staff
FedEx brass have been trying to counter legislation pending in Congress being pushed by arch rival United Parcel Service and the Teamsters union.
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Indianapolis Economic Development Inc. boasts job-creation success

September 19, 2009
 IBJ Staff
In the worst recession since the Great Depression, it must be difficult to broker business expansions. But IEDI's making no excuses for the city’s job creation and retention figures. In fact, it's touting them.
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HICKS: Chinese tariff is misstep toward trade war

September 19, 2009
Mike Hicks
Just a short year ago, economists of all stripes voiced fears of a rise in economic protectionism like that which contributed mightily to the Great Depression.
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State's jobless rate dips, but decline could be temporary

September 18, 2009
 IBJ Staff
Indiana's unemployment rate in August fell below double digits for the first time since April, the Indiana Department of Workforce Development said this morning, but the decline could just be a blip.
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Tough job market sinks employment agencies

September 17, 2009
Scott Olson
Indiana's lofty unemployment rate not only is taking a toll on the jobless but also the recruiters that help them find work, leading to the demise of several local employment agencies.
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Commission OKs Ameriplex, Rexnord tax abatements

September 16, 2009
Scott Olson
The Metropolitan Development Commission this afternoon approved two requests for property tax abatement, including one for a mammoth development known as World Connect at AmeriPlex.
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Ron Gifford's blog from China

September 16, 2009
Ron Gifford
Indy Partnership CEO Ron Gifford is traveling with Gov. Mitch Daniels and a delegation of Hoosier business and community leaders on a trip to Asia through Sept. 16. Gifford is blogging about his experiences as he works to bring new jobs and investment to the economic development group's 10-county Indianapolis region. Bookmark this page and check back for updates.
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Westfield makes smoking illegal in most public places

September 15, 2009
 IBJ Staff
The Westfield City Council passed a smoking ban 7-0 last night that will prohibit smoking in most public places, including outdoor arenas, stadiums and amphitheaters.
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More layoffs, furloughs possible for cash-strapped CIB

September 14, 2009
Scott Olson
The financial condition of the city’s Capital Improvement Board, though improving, is still dire enough that employees of the Indiana Convention Center could be subjected to more unpaid furloughs or layoffs.
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Next year's State Fair to feature Japanese exhibit

September 14, 2009
 IBJ Staff
Japanese culture will be on display at the Indiana State Fair next year. Indiana Gov. Mitch Daniels announced today, while traveling on a economic development mission in Japan, that the Asian country will be featured in its own exhibit at the fair for the first time in 2010.
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City's cash-strapped parks turn to private sector for ideas, manpower

September 12, 2009
Peter Schnitzler
Mayor Greg Ballard's administration has asked the businesses for ideas on
                     how Eagle Creek Park and Riverside Regional Park each could cut costs and generate more revenue.
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After comeback, former United maintenance facility faces challengesRestricted Content

September 12, 2009
Chris O'Malley
The mammoth facility near Indianapolis International Airport now employs as many people as it did when United Airlines abandoned it six years ago, but its new tenants are contending with struggles of their own.
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ICVA unlikely to seek loan to pay for enhanced marketing

September 12, 2009
 IBJ Staff
The idea of the not-for-profit Indianapolis Convention & Visitors Association taking out a loan was not warmly received by city officials. And financial institutions were less than thrilled with the idea given the ICVA’s diminishing revenue and increasing costs.
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BioCrossroads rolls out orthopedic initiative

September 10, 2009
J.K. Wall
With job growth surging in Warsaw's orthopedic cluster, the life sciences development group BioCrossroads Inc. set out to...
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Indiana expects jobless fund troubles until 2015

September 9, 2009
Associated Press
Indiana officials say it will take longer to resolve the state's bankrupt unemployment insurance fund's funding troubles than projected when a law designed to start fixing the system was enacted in April.
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Deals from China trip unlikely to come right away, official says

September 9, 2009
Scott Olson
Don't expect the contingent traveling with Gov. Mitch Daniels on his 10-day trade mission to China and Japan to return to Indiana with a major commitment from an Asian company.
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Indiana Fiscal Policy Institute seeks comebackRestricted Content

September 5, 2009
Peter Schnitzler
The Indiana Fiscal Policy Institute’s board has hired Indianapolis Star business columnist John Ketzenberger to engineer a resuscitation.
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  1. I am so impressed that the smoking ban FAILED in Kokomo! I might just move to your Awesome city!

  2. way to much breweries being built in indianapolis. its going to be saturated market, if not already. when is enough, enough??

  3. This house is a reminder of Hamilton County history. Its position near the interstate is significant to remember what Hamilton County was before the SUPERBROKERs, Navients, commercial parks, sprawling vinyl villages, and acres of concrete retail showed up. What's truly Wasteful is not reusing a structure that could still be useful. History isn't confined to parks and books.

  4. To compare Connor Prairie or the Zoo to a random old house is a big ridiculous. If it were any where near the level of significance there wouldn't be a major funding gap. Put a big billboard on I-69 funded by the tourism board for people to come visit this old house, and I doubt there would be any takers, since other than age there is no significance whatsoever. Clearly the tax payers of Fishers don't have a significant interest in this project, so PLEASE DON'T USE OUR VALUABLE MONEY. Government money is finite and needs to be utilized for the most efficient and productive purposes. This is far from that.

  5. I only tried it 2x and didn't think much of it both times. With the new apts plus a couple other of new developments on Guilford, I am surprised it didn't get more business. Plus you have a couple of subdivisions across the street from it. I hope Upland can keep it going. Good beer and food plus a neat environment and outdoor seating.

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