Government & Economic Development

South Bend elects 29-year-old former Rhodes scholar

November 8, 2011
Associated Press
South Bend residents elected former Rhodes scholar and Democrat Pete Buttigieg as mayor as he easily defeated Republican Wayne Curry.
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Few polling problems reported in Marion County

November 8, 2011
 IBJ Staff and Associated Press
Indiana voters are deciding Tuesday who will lead their cities for the next four years, providing an early barometer of their mood heading into a presidential election year.
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Auto supplier plans to add 100 jobs in Logansport

November 8, 2011
Federal-Mogul Corp. said it will add the jobs next year as part of a $2.7 million expansion to purchase new machinery and equipment for its 170,000-square-foot manufacturing plant and 15,000-square-foot technical center.
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Mayoral election outcome could hinge on turnout

November 7, 2011
Francesca Jarosz
The fate of mayoral and City-County Council candidates in Tuesday’s election is likely to come down to turnout in a few key districts, including Center Township and southern Marion County.
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Congress moves to create new farm subsidy

November 7, 2011
Associated Press
Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices.
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Candidates downplay party labels in campaigns

November 6, 2011
Associated Press
The "unbranding" of the Indiana candidates is a clear political strategy as more voters tend to shed their party affiliation and identify themselves as independents.
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New Indiana commerce chief focuses on small companies

November 6, 2011
Associated Press
The new head of the Indiana Economic Development Corp. says the agency is turning its focus to smaller companies and getting them to relocate to the state so they can build their roots.
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New booze permits unleash gold rushRestricted Content

November 5, 2011
Cory Schouten
The Indiana Alcohol & Tobacco Commission plans to sell up to 101 new three-way restaurant permits for Marion County at an auction Nov. 18. The offering follows a recalculation—using fresh U.S. Census numbers—of how many permits should be distributed in the city.
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State mulls ditching traditional pensionsRestricted Content

November 5, 2011
Francesca Jarosz
Lawmakers are mulling converting the state’s pension system into a 401(k)-like model, bringing Indiana into the heated national debate over public pensions.
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Indianapolis' tech sector getting some Silicon Valley credRestricted Content

November 5, 2011
Chris O'Malley
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
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Court case might roil not-for-profit tax rulesRestricted Content

November 5, 2011
Francesca Jarosz
A Bartholomew County not-for-profit affordable housing development group is preparing to fight in Indiana Tax Court a denial of its property-tax exemption. The denial has put the organization $200,000 in debt and its rental homes in danger of tax foreclosure.
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City's original Carnegie library hits the century markRestricted Content

November 5, 2011
 IBJ Staff
The branch at 2822 E. Washington St. was one of five libraries in the city built with funds from the Andrew Carnegie Foundation.
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Daniels says 'right-to-work' law would help Indiana

November 4, 2011
Associated Press
Indiana Gov. Mitch Daniels said a right-to-work law would make the state more competitive when its comes to business-expansion opportunities.
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Lawmakers looking for solutions to online sales tax issue

November 4, 2011
Francesca Jarosz
At least one Indiana lawmaker plans to file a bill requiring the state to collect sales taxes from online retailers like Amazon.com. Other state lawmakers are working on a federal solution.
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Turkish manufacturer selects Muncie for U.S. headquarters

November 4, 2011
Kermit USA, a manufacturer and distributor of resin-composite roofing systems, plans to add 70 jobs by 2016 as part of a $12.5 million expansion in the Delaware County city.
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Unemployment dips despite decline in pace of hiring

November 4, 2011
Associated Press
The national economy added 80,000 jobs last month, the fewest in four months, but the unemployment rate dipped from 9.1 percent to 9 percent.
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Indiana continues modest tax-collection gains

November 3, 2011
Associated Press
The state announced Thursday it took in nearly $41 million more than expected last month. The state overshot its estimates by a modest 3.8 percent although collections are vastly improved from a year ago.
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Simon sues state over sales-tax loophole for Amazon.com

November 3, 2011
Cory Schouten
Simon Property Group Inc. has filed suit against the Indiana Department of Revenue in an attempt to force the state to collect sales taxes from Amazon.com Inc.
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City files nuisance charges against property owner

November 3, 2011
The complaint alleges that David J. Williams' properties have been the subject of more than 400 violations and have generated more than 30 police reports for criminal activity.
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Indiana Fair stage collapse legal claims reach 100

November 2, 2011
Associated Press
The deadline for victims of the deadly Indiana State Fair stage collapse to file legal claims with the state has passed, and officials say they're close to figuring out how much to pay each victim out of the allotted $5 million.
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Indiana AG to testify against cell phone bill

November 2, 2011
Associated Press
The bill being considered in the U.S. House would allow telemarketers and debt collectors to start dialing residents' cell phones and, if approved, would override Indiana's "Do Not Call" law and lead to a flood of robocalls, Greg Zoeller said.
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Indiana officials blast feds for 'over-regulation' on reform

November 1, 2011
J.K. Wall
Michael Gargano, secretary of the Indiana Family and Social Services Administration, blasted the rules for both “glaring omissions” as well as creating new and unfunded “mandates” not included in the 2010 health reform law
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Consolidation eyed for Indiana mail processing centers

November 1, 2011
Associated Press
The U.S. Postal Service is moving closer to closing the mail processing center in Terre Haute and moving its work to Indianapolis and Evansville. The South Bend center work would shift to Fort Wayne.
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Ener1 becomes latest energy aid recipient in trouble

October 31, 2011
Bloomberg News
Electric-car battery maker Ener1 Inc., whose shares were delisted from the NASDAQ stock market Oct. 28, is the latest recipient of U.S. Energy Department aid to run into financial trouble and draw congressional scrutiny.
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Heartland Sweeteners plans $10M upgrade to Indy plant

October 31, 2011
J.K. Wall
Heartland Sweeteners LLC plans to spend nearly $10 million to upgrade its Indianapolis plant and potentially boost its work force there by 39 employees in the next five years.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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