Bloomington

Electrolux to buy GE Appliances in $3.3B deal

September 8, 2014
 Associated Press and IBJ Staff
The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the world's second biggest home appliance maker after U.S. rival Whirlpool. Louisville-based GE Appliances has a long history in Indiana.
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Nuvo enters Bloomington market, eyes other college towns

September 6, 2014
Anthony Schoettle
Nuvo has entered a long-abandoned market, Bloomington, and is eyeing other Indiana college towns, particularly Muncie and West Lafayette, for expansion. The alternative free weekly newspaper has been working on the plan for six months.
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Struggling hospital finds buyer, enters bankruptcy protection

August 12, 2014
 Bloomberg News and IBJ Staff
Bloomington’s Monroe Hospital, which has had a close relationship with Indianapolis-based St. Vincent Health, filed for bankruptcy reorganization on Friday and plans to sell its business to a Canadian operator.
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Plea deal rejected for ex-Indiana county auditor

August 5, 2014
Associated Press
Lawyers are reworking an agreement under which a former county auditor in Indiana was expected to plead guilty to criminal charges of wrongly paying personal expenses with county-issued credit cards.
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Indiana Limestone Co. digs out of deep hole

July 26, 2014
Anthony Schoettle
In February, Indiana Limestone Co. filed for bankruptcy. But two months later, Chicago-based Wynnchurch Capital Ltd. bought the quarry company out of bankruptcy. ILC is now digging out and looking at a brighter horizon.
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IU advancing demolition plan opposed by city

June 18, 2014
Associated Press
Indiana University's Board of Trustees is expected to vote this week on a plan to move or tear down six houses in a Bloomington neighborhood that city officials have been trying to protect.
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Bloomington puts new rules on chain businesses

June 12, 2014
Associated Press
The City Council voted Wednesday night to require what it calls standardized businesses seeking to open a downtown storefront to obtain a special zoning permit.
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Mainstreet aims to help finance nursing home through crowdfundingRestricted Content

April 19, 2014
J.K. Wall
Mainstreet Property Group LLC plans to launch a new round of private placement fundraising on April 21 using a website run by Oregon-based CrowdStreet Inc. and a mix of traditional advertising in central Indiana.
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Lender bids $26 million to take over Indiana Limestone Co.

April 15, 2014
 Associated Press and IBJ Staff
An investment firm was the only bidder for an Indiana company that supplied limestone to the Empire State Building, the Pentagon and other iconic buildings.
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Body shops sue insurers, allege push to drive down pricesRestricted Content

April 12, 2014
Chris O'Malley
In a federal lawsuit, 14 Indiana auto-body shops accuse State Farm and competitors of extracting “unreasonable and onerous” concessions on vehicle repair costs.
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Bloomington brewer taps Indy ad firm, French designer to recast beer labels

April 12, 2014
Chris O'Malley
Upland recently hired Indianapolis ad agency Young & Laramore to help streamline and unify its varied packaging themes.
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New parking meters bring in $1M for Bloomington

March 30, 2014
Associated Press
The meters were approved a year ago amid protests from business owners who feared their long hours would deter customers and hurt their revenue.
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Bloomington council backs Habitat neighborhood

March 27, 2014
Associated Press
The Bloomington City Council is giving permission to a Habitat for Humanity group to develop a neighborhood with 35 homes.
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Indiana Limestone wins court approval for auction

March 17, 2014
 Bloomberg News and IBJ Staff
The owner of Indiana Limestone Co. has received court approval to hold an April sale to see whether there are any better offers for virtually all its assets than the $26 million bid by lender Indiana Commercial Finance LLC.
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Former Bloomington official charged in scheme

March 12, 2014
Associated Press
The U.S. attorney's office in Indianapolis said Wednesday that 43-year-old Justin Wykoff faces 24 counts of embezzlement for allegedly approving fraudulent invoices, often for concrete work that was never done.
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Council hopes historic value nixes IU land swap

March 2, 2014
Associated Press
Bloomington leaders would like a proposed new historic designation to persuade Indiana University to think twice about a land-swap plan that could include razing six houses to make way for a new fraternity building.
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Bloomington limestone firm to close, lay off 166

February 25, 2014
 IBJ Staff
An 88-year-old Indiana company that supplied limestone to many of the country's most important buildings is going out of business.
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IU plans statue of WWII journalist Ernie Pyle

February 14, 2014
Associated Press
Pyle's bronze likeness outside of Franklin Hall will be just the third statue on IU's Bloomington campus.
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Stretch of I-69 extension set to start next year

December 30, 2013
Associated Press
The state plans to select a contractor in March for the 21-mile section between Bloomington and Martinsville.
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Bloomington defends tough smoke-detector ordinance

December 26, 2013
Associated Press
Property owners sued in July to block the law, which requires landlords to install hard-wired smoke detectors by 2019.
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Monroe County looks to limit I-69 truck stops

September 30, 2013
Associated Press
Officials in southern Indiana's Monroe County are proposing tough rules for any truck stops that might be built with the opening of the Interstate 69 extension.
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Two Monroe County employers lay off 205 workers

September 9, 2013
Associated Press
GE Appliances said Monday it will eliminate 160 jobs from its Bloomington plant because demand for its side-by-side refrigerators has fallen by more than 30 percent since 2010. Meanwhile, Ellettsville telecommunications company Smithville is cutting 45 full-time employees
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Apartment business good in IU's hometown

May 28, 2013
Associated Press
Bloomington's average apartment rent was $892 last year, up nearly $60 in two years.
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Bloomington manufacturer closing, laying off 72

May 15, 2013
 IBJ Staff
Hartmann USA said Wednesday that it will move the Bloomington operations to its U.S. headquarters in Rock Hill, S.C., where it plans an $18 million expansion.
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Bloomington council OKs revised parking meter plan

March 22, 2013
Associated Press
The Bloomington City Council voted 6-3 in favor of the downtown parking plan, which was revised following opposition from local business owners.
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