Regional News

Auction lands $2.1 million for Elona Biotech assets

September 27, 2013
 IBJ Staff
Elona went into receivership in June after Greenwood officials filed a foreclosure lawsuit against the firm. The company failed after receiving more than $8 million in economic development incentives from the city over the past three years.
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Aircraft paint shop at Grissom a boon for economy

September 27, 2013
Associated Press
The 150-employee facility is a godsend for Miami County, which lost a larger percentage of its residents between 1990 and 2000 than any other Indiana county.
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Company gains more support for Indiana power plant

September 25, 2013
Associated Press
Several officials of a central Indiana town where a $500 million power plant has been proposed say they were impressed with another of the company's plants during a trip to Texas.
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Nestle picks Anderson for $72M plant expansion

September 24, 2013
 IBJ Staff
Nestle USA plans to invest $72 million to add a seventh production line to its plant in Anderson, the beverage maker announced Tuesday.
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Landmark Indiana gym faces talk of possible closure

September 23, 2013
Associated Press
Muncie school board members are considering closing the 6,000-seat Muncie Fieldhouse to save money. The gymnasium turns 85 in December.
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Fishers plans new development on train-station site

September 21, 2013
Andrea Muirragui Davis
Incentive deals are on the table to keep two high-potential businesses in Fishers, and the town is poised to pull the trigger on redevelopment of the Fishers Train Station property—where one of the firms could occupy third-floor office space.
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GE dropped planned investment in Bloomington factory

September 20, 2013
Associated Press
A GE Appliances spokeswoman says a $161 million investment announced three years ago was never made at a southern Indiana refrigerator factory where 160 jobs are now being cut.
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Anderson leaders work to make most of gateways

September 20, 2013
Associated Press
A group of Anderson business and civic leaders is focusing on ways to change perceptions of those traveling into the city by improving interstate entrances.
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Central Indiana mayor traveling to Italy to lure business

September 20, 2013
Associated Press
Anderson Mayor Kevin Smith said he'll meet with executives from five manufacturing companies near the city of Milan during the trip that starts Saturday.
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West Clay commercial building set for sheriff’s sale

September 18, 2013
Scott Olson
The 24,400-square-foot building was owned by CFS Inc., a Carmel company accused by the Indiana Secretary of State's securities division of misappropriating the funds of elderly clients who bought ownership interests in rental properties.
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Kokomo hospital plans on cutting 50 jobs

September 17, 2013
Associated Press
Community Howard Regional Health said it will reduce its current workforce by 50 positions over the next few weeks.
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Noblesville to developers: Pay fee, cut open space near parks

September 14, 2013
Andrea Muirragui Davis
Common Council members this month approved changes in the city’s land-use law that will allow residential developers within a half-mile of public parks to set aside less property as open space—for a price.
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Residents protest proposed central Indiana power plant

September 12, 2013
Associated Press
Dozens of people packed a Morristown council meeting to speak out against an energy company's proposal to build a $500 million power plant.
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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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Opening set for new West Lafayette bypass

September 9, 2013
Associated Press
The four-lane roadway cost $45 million and follows a 5.3-mile route around the south and west sides of the city.
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Mission shift at Camp Atterbury to trigger 207 layoffs

September 9, 2013
 IBJ Staff and Associated Press
The layoffs at the end of September will come as the base transitions from a mobilization site for U.S. troops to a mission focusing more on training.
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Indianapolis suburbs connecting the dots with trailsRestricted Content

September 7, 2013
Andrea Muirragui Davis
About 500 miles of trails already cut through Hamilton and Boone counties—including 125-plus miles in Carmel—and countless more are on the drawing board as suburban leaders strive to appeal to residents who want connected, walkable communities.
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Proposed power plant divides small Shelby County town

September 5, 2013
Associated Press
Residents in Morristown are rallying against a proposed $500 million power plant they fear will harm the quiet agricultural community.
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Greenwood biotech firm's assets to hit auction block

September 3, 2013
 IBJ Staff
The remnants of ill-fated Elona Biotechnologies Inc. will be auctioned on Sept. 27, presenting a rare turnkey opportunity for entrepreneurs interested in jumping into the life sciences industry.
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Small radio stations find success with intensely local strategyRestricted Content

August 31, 2013
Chris O'Malley
Small Indiana-based radio broadcasters are surviving, and in some cases thriving, despite tough times for radio and years of consolidation that put stations in larger cities into hands of national heavyweights.
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Daniels' push to cut costs, create metrics faces skepticism at PurdueRestricted Content

August 31, 2013
J.K. Wall
The former governor wants to change the rules of higher education. But first he must convince skeptical professors that his plans aren’t just politics, but actually good for Purdue.
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Wal-Mart steps up grocery ambitionsRestricted Content

August 31, 2013
Scott Olson
The Indianapolis grocery market is about to become even more competitive, as discount giant Wal-Mart embarks on a strategy to offer consumers a store design much cozier than its cavernous supercenters.
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Omnicity lured teen to invest, state saysRestricted Content

August 31, 2013
Chris O'Malley
State securities regulators allege that principals of Omnicity Corp. goaded a 19-year-old to invest $100,000 from his inheritance into the wireless broadband firm so that it could clinch the purchase of an Ohio carrier in 2010.
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Health firm plans move to Carmel, adding 675 jobs

August 30, 2013
 IBJ Staff
American Specialty Health, a California-based provider of wellness programs, plans to lease about 90,000 square feet of office space in Carmel and open its new headquarters next June.
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Subaru considers ways to fix its supply problem

August 28, 2013
Bloomberg News
Subaru,  which employs about 3,600 people in Lafayette, is taking measured steps to expand its production capacity, but today it is worried about running out of cars.
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  1. Hiking blocks to an office after fighting traffic is not logical. Having office buildings around the loop, 465 and in cities in surrounding counties is logical. In other words, counties around Indianapolis need office buildings like Keystone, Meridian, Michigan Road/College Park and then no need to go downtown. Financial, legal, professional businesses don't need the downtown when Carmel, Fishers, North Indy are building their own central office buildings close to the professionals. The more Hamilton, Boone county attract professionals, the less downtown is relevant. Highrises have no meaning if they don't have adequate parking for professionals and clients. Great for show, but not exactly downtown Chicago, no lakefront, no river to speak of, and no view from highrises of lake Michigan and the magnificent mile. Indianapolis has no view.

  2. "The car count, THE SERIES, THE RACING, THE RATINGS, THE ATTENDANCE< AND THE MANAGEMENT, EVERY season is sub-par." ______________ You're welcome!

  3. that it actually looked a lot like Sato v Franchitti @Houston. And judging from Dario's marble mouthed presentation providing "color", I'd say that he still suffers from his Dallara inflicted head injury._______Considering that the Formula E cars weren't going that quickly at that exact moment, that was impressive air time. But I guess we shouldn't be surprised, as Dallara is the only car builder that needs an FAA certification for their cars. But flying Dallaras aren't new. Just ask Dan Wheldon.

  4. Does anyone know how and where I can get involved and included?

  5. While the data supporting the success of educating our preschoolers is significant, the method of reaching this age group should be multi-faceted. Getting business involved in support of early childhood education is needed. But the ways for businesses to be involved are not just giving money to programs and services. Corporations and businesses educating their own workforce in the importance of sending a child to kindergarten prepared to learn is an alternative way that needs to be addressed. Helping parents prepare their children for school and be involved is a proven method for success. However, many parents are not sure how to help their children. The public is often led to think that preschool education happens only in schools, daycare, or learning centers but parents and other family members along with pediatricians, librarians, museums, etc. are valuable resources in educating our youngsters. When parents are informed through work lunch hour workshops in educating a young child, website exposure to exceptional teaching ideas that illustrate how to encourage learning for fun, media input, and directed community focus on early childhood that is when a difference will be seen. As a society we all need to look outside the normal paths of educating and reaching preschoolers. It is when methods of involving the most important adult in a child's life - a parent, that real success in educating our future workers will occur. The website www.ifnotyouwho.org is free and illustrates activities that are research-based, easy to follow and fun! Businesses should be encouraging their workers to tackle this issue and this website makes it easy for parents to be involved. The focus of preschool education should be to inspire all the adults in a preschooler's life to be aware of what they can do to prepare a child for their future life. Fortunately we now know best practices to prepare a child for a successful start to school. Is the business community ready to be involved in educating preschoolers when it becomes more than a donation but a challenge to their own workers?

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