News & Analysis

Auto supplier plans $73.5M plant in Boone County

September 12, 2014
 IBJ Staff
A Japanese auto-parts supplier plans to invest $73.5 million to build and equip a 151,000-square-foot manufacturing facility in the community of Jamestown, adding up to 195 jobs by 2017.
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Lilly cancer drug fares well in late-stage study

September 12, 2014
Associated Press
Eli Lilly and Co. said Friday its potential colorectal cancer drug Cyramza helped patients on chemotherapy with advanced cases of the disease survive longer than patients on chemotherapy alone.
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Bayh says no to 2016 run for Indiana governor

September 12, 2014
Associated Press
Former Gov. Evan Bayh said Friday in a written statement that he has decided not to run for governor in 2016, after seriously considering it.
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Plaza being built near state fairgrounds coliseum

September 12, 2014
Associated Press
Crews have started building a $2 million pedestrian plaza next to the newly renovated Indiana State Fairgrounds Coliseum.
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Bub's Burgers planning $1.3M outpost in Fishers

September 11, 2014
Andrea Muirragui Davis
Central Indiana favorite Bub’s Burgers and Ice Cream has chosen downtown Fishers to build its fourth restaurant, town officials announced Thursday evening.
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Former Indy Chamber exec joins Old National

September 11, 2014
Jeff Newman
Former Indy Chamber President John Myrland has been hired by Old National Bank in the new position of community engagement executive for its Indianapolis region, the bank announced Thursday.
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HHGregg hires former Marsh exec as CFO

September 11, 2014
Jeff Newman
Indianapolis-based HHGregg Inc. has hired former Marsh Supermarkets executive Robert J. Riesbeck as its new chief financial officer, the appliances and electronics retailer announced Thursday.
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Community Health buys Hilton North for redevelopment

September 11, 2014
Scott Olson
The hospital network will close the 221-room hotel along the Interstate 69 corridor by the end of the year and will begin exploring redevelopment opportunities to meet the growth of the network.
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Kroger quarterly results beat market expectations

September 11, 2014
Associated Press
Kroger Co., the leading grocer in Indianapolis in terms of market share, on Thursday reported earnings of $347 million in its fiscal second quarter, exceeding analyst expectations.
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Former WIBC news anchor Simpson lands new gig

September 11, 2014
Anthony Schoettle
Canned by WIBC in June, Steve Simpson will leave the Indianapolis market to anchor the morning news for Minneapolis' top news-talk station.
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Democrats raise doubts about Ballard’s preschool plan

September 11, 2014
Hayleigh Colombo, Chalkbeat indiana
Funding concerns involving the homestead credit have prompted work on an alternative plan that Democrats expect to unveil soon.
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Paper companies sue over Indianapolis recycling deal

September 11, 2014
Kathleen McLaughlin
A lawsuit filed by two paper companies and an Indianapolis resident seeks to invalidate a city agreement with Covanta to build a $45 million recycling center.
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Indiana State Police turn to online recruiting

September 11, 2014
Associated Press
The agency has posted a one-minute video outlining the minimum requirements necessary to apply to be a state police officer.
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Accounting firm adding 100 jobs in South Bend

September 11, 2014
Associated Press
Chicago-based Crowe Horwath said the additional jobs stem from growth in its audit and tax practices.
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Indiana auditor posts state assets online

September 11, 2014
Associated Press
The new online tool includes everything from state buildings to vehicles valued at $500 or more.
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Gay marriage backers want high court to step in

September 10, 2014
Associated Press
Opponents and supporters of same-sex marriages alike are trying to persuade the Supreme Court to take up Indiana's case to decide once and for all whether gay marriage should be legal in all 50 states. The court will consider their requests and others Sept. 29.
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Indiana gives initial OK to off-site manure ponds

September 10, 2014
Associated Press
A state panel gave preliminary approval Wednesday to Indiana's first rules governing big stand-alone ponds and lagoons built to hold manure trucked in from livestock farms.
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Local lawyer among first to accept Bitcoin for services

September 10, 2014
Indiana Lawyer Staff, Dave Stafford
Intellectual property attorney Paul Overhauser's clients are often on the cutting edge of Internet technology, so he decided that in addition to dollars, he'll take digital dough.
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Lilly receives European marketing OK for new insulin

September 10, 2014
Associated Press
European regulators have approved a long-lasting insulin from Eli Lilly and Co. and German drugmaker Boehringer Ingelheim that is the subject of patent-infringement litigation with French rival Sanofi.
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Banner year for central Indiana crops nothing to bank on

September 10, 2014
Associated Press
Hoosier farmers are expecting a record haul in corn and soybeans this year, but crop revenue might fall below production costs.
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Hilton boutique hotel slated for renovated Consolidated Building

September 10, 2014
Scott Olson
Plans call for a 102-room Home2 Suites by Hilton to be built in what’s known as the annex of the Consolidated Building, at the rear of the vacant, 15-story structure on North Pennsylvania Street.
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Financial services firm to hire up to 153 in Castleton

September 10, 2014
Greg Andrews
Chicago-based Cortland Capital Market Services, which has $40 billion in assets under administration, has begun hiring for a variety of financial positions. The Indiana Economic Development Corp. has agreed to provide Cortland up to $1.8 million in tax credits.
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Simon Property CEO says ‘no deal’ in Australia after report

September 9, 2014
Bloomberg News
The Australian reported that Indianapolis-based Simon may bid for CFS Retail, potentially keeping CFS’s premium shopping centers and selling second-tier properties.
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Pence says pricey new program will save money

September 9, 2014
Associated Press
Gov. Mike Pence unveiled a new government management program Tuesday, one that he promised will improve efficiency and save the state money in the long run but that comes with a hefty price tag.
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Deal may be near in Indiana stage collapse suit

September 9, 2014
Associated Press
A lawsuit filed by victims of the 2011 Indiana State Fair stage collapse appears to be nearing a settlement, more than three years after the fatal accident that killed seven people and injured more than 40.
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  1. Choice between a democrat and a question mark? Take the question mark. We have all seen what the democrats will do.

  2. Its easy to blame workers. What about the Management of the Mill. Its not smart in business to not have a back up plan. Workers are afforded sick days in most cases. Union or not. Whether drunk partying, or a real sickness. Why would you as a businessman/woman not have a rotation of workers incase this happens. This is not an exclusive union protection. If the company can prove bad intentions on the part of any union employee. They can take action. Most CBA's have a 3 strike policy. Just like most Non-union company policies. You should read a CBA sometime. There are protections for companies too. Unions understand that businesses need to make money. If they don't, the union's member won't have a place to work.

  3. My kids play hockey on the North side and we have been very happy with the youth program. More Ice would create more opportunity for kids to pay this great sport. With 3 rinks that would also create more figure skating opportunities. What better gift to give your kids than a sport they will love!

  4. Naah, only Indy place fans were robbed of seeing Zanardi race. CART fans saw his amazing talents just about every weekend. And F1 fans saw him too. Zanardi didn't care he wasn't at Indy, neither do 99.18% of other race fans world wide. And CART fans are quite pleased of the domination of their drivers and owners have had at Indy, in the IRL, and in the current Indycar series....almost 99.18% of the time since 2000 Indy 500. I respect Zanardi, but his life goes on without Indy. Sucks to be you Capt.

  5. So let me get this right: gun permits online are fraud proof, but voting is as easy as 1-2-3.--But at least we agree that someone without a photo ID cannot be trusted with a gun.

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