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Regional News
Tyco to buy Fishers-based technology firm for $150 million
June 19, 2013
IBJ Staff and Associated PressTyco International Ltd. said Wednesday that it reached a deal to acquire Exacq Technologies Inc., which develops video management
systems for security and surveillance uses.
MoreManufacturer to relocate to Muncie, add 288 jobs
June 19, 2013
Mason KingA maker of a new heavy-equipment vehicle that uses clean energy plans to invest $4.6 million in an engineering and assembly
facility and ramp up operations as orders come in.
MoreFishers' first mayoral election set for next year
June 18, 2013
IBJ StaffFishers residents will elect their first mayor a year earlier than expected due to a change in state law that establishes
Jan. 1, 2015, as the date the town becomes a city.
MoreBuilding for game maker Fundex set for July auction
June 17, 2013
Scott OlsonOne of the last remnants of the bankrupt game maker and distributor is set to be sold at auction next month. The parent of
the company that makes the iconic Slinky bought Fundex in December.
MoreHamilton County wants squirrels on parade
June 15, 2013
Andrea Muirragui DavisInspired by more than 100,000 migratory squirrels that swarmed through Westfield and Fishers in the 1820s, a group of up-and-coming
Hamilton County leaders is working on a public-art initiative celebrating the bushy-tailed rodents.
MoreGovernments helped fuel nursing-facility developer's rise
June 15, 2013
Kathleen McLaughlinCarmel-based Mainstreet Property Group has built 13 nursing homes in Indiana and Illinois since 2008. Six of the dozen Indiana
properties benefited from municipal-backed credit or tax breaks, and a seventh received a reduced-impact fee. Mainstreet also
received $345,000 in state economic incentives.
MoreGreenwood sues over failed pharmaceutical facility
June 13, 2013
IBJ Staff and Associated PressGreenwood Mayor Mark Myers says city officials had tried for months to help with talks with possible investors for Elona Biotechnologies,
without any progress.
MoreHigh overhead does in Carmel Shapiro's
June 12, 2013
Andrea Muirragui DavisThe company called closing the restaurant at 918 S. Range Line Road a “strategic decision” that will allow it
to focus on its flagship downtown eatery.
MoreCarbon Motors’ Chapter 7 filing marks official end for firm
June 12, 2013
Scott OlsonThe once-promising firm that had planned to build high-tech police cars at a Connersville plant filed for bankruptcy Friday,
listing liabilities of $21.7 million.
MoreOut-of-state developer pitches $75M Carmel project
June 11, 2013
Andrea Muirragui DavisBaltimore-based Atapco Properties wants to redevelop 34 acres of land at Carmel Drive and Guilford Road, converting a portion
of the commercial property to residential use with hundreds of apartments.
MoreAnderson lodge's decline mirrors city's changed demographics
June 11, 2013
IBJ Staff, Associated PressAnderson Elks Lodge 209 wants to auction off its building at 1803 Broadway St. The lodge has about 260 members, a sharp decline
from the nearly 2,000 members it boasted in the 1970s.
MoreHomebuilders extend streak with 23-percent surge in permits
June 11, 2013
IBJ StaffSingle-family building permits rose 23 percent in the nine-county Indianapolis area in May, the 11th straight month of year-over-year
increases.
MoreHETRICK: Some don’t get that rules are sometimes made to be followed
June 8, 2013
Bruce HetrickWhen the road ahead is closed, don't be surprised when you find it necessary to turn around.
MoreCummins looking to build downtown Indy offices
June 8, 2013
Scott OlsonCummins Inc. wants to expand its downtown Indianapolis presence and is searching for land to construct an office building
that would double the space the Fortune 500 company occupies in the city, several local office brokers said.
MoreFishers, Noblesville put cuffs on charities to recoup tax revenue
June 8, 2013
Andrea Muirragui DavisTwo growing Hamilton County communities looking to build their commercial tax base are taking steps to ensure land targeted
for development doesn’t end up in the hands of organizations that don’t pay taxes.
MoreManufacturer plans $30.2M expansion in Franklin
June 7, 2013
IBJ StaffNSK Corp. and NSK Precision America Inc. said the project will allow them to hire 46 additional workers by 2016 at their 63-acre
corporate campus.
MoreDefendant in trial over Palladium defects tries to halt repairs
June 7, 2013
Andrea Muirragui DavisAttorneys for the Michigan contractor being sued over construction defects at Carmel’s Palladium concert hall have asked
a Hamilton County court to stop repair work immediately to preserve evidence in the case.
MoreMuncie council backs $60M project near Ball State
June 4, 2013
Associated PressThe Muncie City Council has approved financing for a six-story parking garage as part of a planned $60 million project with
apartments and commercial storefronts.
MoreCarmel council clashes over support of Midtown project
June 4, 2013
Andrea Muirragui DavisThe Carmel City Council will not support Pedcor Cos.’ application for a state tax credit to help pay for a $100 million
redevelopment project—a contentious decision Mayor Jim Brainard called “unusual and illogical.”
MoreSierra Club puts Harding coal plant in crosshairs
June 1, 2013
The Sierra Club wants the Indiana Utility Regulatory Commission to block an IPL plan to spend $511 million on pollution controls
at its 39-year-old Harding Street plant, plus a four-unit station in the southwestern Indiana town of Petersburg.
MoreAre hospitals on trajectory to pair up?
June 1, 2013
J.K. WallIndianapolis-area hospitals are undergoing such profound and permanent changes that some predict, eventually the four major
hospital systems will merge and shrink down to two.
MoreExplanations vary for dearth of women in top rungs of business
June 1, 2013
Dan HumanOf 112 public and large private-company CEOs, only four are women, although women make up 47 percent of Indiana's work
force. The four Indiana companies with a woman as CEO at the end of 2012—Bioanalytical Systems, Fortune Industries,
Defender Direct and HP Products Corp.—were among a tiny group nationwide with women at the helm.
MoreCarmel panel refuses to back Midtown redevelopment plan
May 29, 2013
Andrea Muirragui DavisA $100 million proposal to reinvent an old industrial area in downtown Carmel hit a snag Tuesday, when a City Council committee
decided not to pursue a state tax credit that could help fund the project.
MoreFishers buys properties, moves dirt to draw developers
May 28, 2013
Andrea Muirragui DavisOfficials have quietly struck deals with more than a half-dozen property owners in the triangle-shaped targeted area west
of Lantern Road, east of the railroad tracks and north of 116th Street.
MoreApartment business good in IU's hometown
May 28, 2013
Associated PressBloomington's average apartment rent was $892 last year, up nearly $60 in two years.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.