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UPDATE: Life science firm to add 100 jobs at Park 100

November 6, 2009
 IBJ Staff
California-based life science firm Beckman Coulter Inc. is moving its precision plastics injection molding operation to the Park 100 business park on Indianapolis' northwest side, making what it calls a multimillion-dollar investment in the operation.
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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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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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IT consultant's expansion plans include 130 new jobs

September 2, 2009
Scott Olson
Indianapolis-based information technology consultant Apparatus Inc. plans to expand its local operations and create up to 130 jobs by 2012, the company announced this morning.
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Kansas City out of running for Harley-Davidson plant

September 1, 2009
 IBJ Staff
Central Indiana’s chances for landing a Harley-Davidson motorcycle plant have been improved by the elimination of Kansas City from the list of potential sites.
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Tax abatement could help manufacturer add 43 jobs

August 31, 2009
The Indianapolis plant of Rexnord Industries LLC is promising to create 43 jobs and retain hundreds more if the city grants a five-year tax abatement.
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University Loft plans 30 jobs in Greenfield

August 28, 2009
 IBJ Staff
Indianapolis-based University Loft Co. expects to add 30 full-time jobs at its Greenfield manufacturing facility thanks to a federal pact with the U.S. Marine Corps. The company recently was awarded a multi-million-dollar contract to supply metal furniture for the Marine Corps’ Camp Lejeune base in North Carolina.
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Site visit lifts county's hopes for landing Harley

August 20, 2009
 IBJ Staff
Harley-Davidson Inc. officials were in Shelby County yesterday assessing it as a location for a new motorcycle plant, but it isn’t yet clear how the county stacks up to other U.S. locales that also are in the running for the economic-development prize.
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Phoenix Group expands, may add 200 jobs

August 18, 2009
Scott Olson
The Phoenix Group, a Greenwood-based supply-chain services company, said yesterday that it has added 15 employees within the past month and plans to hire about 200 more workers by the end of 2010.
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Carbon Motors files for $310 million loan

August 13, 2009
 IBJ Staff
Carbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
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Vet supplier promises 30 jobs in Whitestown

August 11, 2009
 IBJ Staff
Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in Whitestown, creating more than 30 new jobs by the end of the year.
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EnerDel lands $118 million stimulus grant

August 5, 2009
Scott Olson
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant from the federal government.
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HICKS: Structural unemployment not always a burden

August 3, 2009
Mike Hicks
A few weeks ago, a couple of my economist colleagues took issue with the phrasing in one of my columns. In a rare turn of events, they are right, and I was wrong.
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Carbon Motors chooses Connersville

July 29, 2009
 IBJ Staff
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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KELLER: The party's over for IU Law grads as stapped firms trim opportunitiesRestricted Content

June 29, 2009
Michael Keller
Fledgling attorneys face a legal industry in defensive mode, resulting in drooping employment figures.
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Boomtown on hold: Recession delays Honda's full impact on GreensburgRestricted Content

June 22, 2009
Kathleen McLaughlin
Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development remains scarce. But local officials remain optimistic about Honda's long-term impact.
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IQuest buys British firm, expanding local operationsRestricted Content

June 1, 2009
Chris O'Malley
IQuest Internet LLC, the largest Indiana-based Internet service provider, is going global, having bought a British company that monitors and manages data, voice and video networks.
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Here's a must-do checklist for personnel managersRestricted Content

May 25, 2009
Tom Phillips
If you are a human resources professional, now is an excellent time for you to assess the human resource function in your company.
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CIB executive director out-earns governor, mayor combinedRestricted Content

May 18, 2009
Cory Schouten
Barney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state's highest-paid public employees, and some wonder if his pay should be cut.
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Youth program may promote sense of purposeRestricted Content

April 6, 2009
Mike HicksMore

Indianapolis weathering recession better than rest of state, U.S.Restricted Content

April 6, 2009
Peter Schnitzler
Compared to most of the rest of the state and nation, Indianapolis is an occupational dynamo.
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Clawback provisions won't hurt biz attractionRestricted Content

March 30, 2009
Mike Hicks
House Bill 1338 introduces a change to many (but not all) of our state's tax incentives, adding what is known as a "clawback" provision, offering a reasonable and fair adjustment to our current tax incentives.
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These stories might cheer you upRestricted Content

March 16, 2009
Chris Katterjohn
This week I'm going to be your own, personal Pollyanna and try to cheer you up with some good news.
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For unemployed, searching for job is full-time endeavor

March 2, 2009
J.K. Wall
As job losses accelerate in the worst recession in a generation, it's becoming tougher and tougher for even well-educated, experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
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Compendium casts eye on national blog marketRestricted Content

February 23, 2009
Chris O'Malley
Two-year-old tech startup Compendium Blogware has launched its first out-of-state sales force and said it signed on 70 new customers in the fourth quarter.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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