Regional News

State OKs private financing for roadworkRestricted Content

May 4, 2013
Kathleen McLaughlin
The Indiana Department of Transportation will press ahead with a request for proposals on Interstate 69 from Bloomington to Martinsville, in hopes that a public-private partnership will stretch limited state funds.
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Trial date set in Carmel's lawsuit on Palladium construction

May 1, 2013
Andrea Muirragui Davis
The 2-year-old complaint concerns defects to steel supports discovered during construction of the city's signature concert hall.
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IPL's $631M power plant to start construction in 2014

May 1, 2013
Mason King
Plans for the plant, officially announced Wednesday, call for an environmentally friendly facility outside of Martinsville that could produce 650 megawatts of power. Construction could employ 660 workers.
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Cummins earnings widely miss predictions

April 30, 2013
 IBJ Staff
The Indiana-based engine maker announced a larger-than-expected drop in quarterly profit Tuesday morning, as revenue fell 12 percent on weak demand for its products in domestic and international markets.
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Anderson loses 'Tree City' status after 21 years

April 29, 2013
Associated Press
Anderson's title, first granted in 1991, appears to have been lost due to issues with paperwork. The status is awarded by the Arbor Day Foundation and others to recognize cities with viable tree-management plans and programs.
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Residents decry Fortville's big annexation plans as land grab

April 29, 2013
Andrea Muirragui Davis
Property owners southeast of Geist Reservoir are vowing to fight involuntary annexation of a 9-square-mile area by the town of Fortville, which would add $53.5 million to its property tax base.
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Escape artist Bill Shirk can't escape the allure of broadcastingRestricted Content

April 27, 2013
Chris O'Malley
Escape artist Bill Shirk has retired his straitjacket, but remains active in radio broadcasting. His firm, Hoosier Broadcasting, in recent years bought a handful of radio stations on the Hawaiian islands and Shirk owns and is investing more money in a Boone County radio station.
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Feds scrutinize nursing home buying spreeRestricted Content

April 27, 2013
J.K. Wall
Indiana’s county-owned hospitals have rushed to acquire nursing homes in the past two years, opening a revenue stream for both the hospitals and the long-term-care facilities. But the additional federal revenue that has driven these purchases could come under threat.
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Zionsville's Main Street aims to boost drawing power, charm

April 27, 2013
Andrea Muirragui Davis
Zionsville’s new economic development plan calls for ramping up commercial activity in the predominantly residential community—just not at the expense of the mom-and-pop shops that give the Boone County town its charm.
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Plan for massive reservoir finding more support

April 24, 2013
Associated Press
Hundreds of residents gathered at Daleville High School on Tuesday night to hear about the proposed Mounds Lake Reservoir, a 2,100-acre project that could cost as much as $400 million to build.
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Charges flew after IU-Kokomo chancellor's sudden exitRestricted Content

April 20, 2013
J.K. Wall
When Michael Harris resigned abruptly last September as chancellor of Indiana University’s Kokomo campus, he did not go quietly, according to a series of emails he exchanged with IU administrators.
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Advocates for mass transit may need to ante upRestricted Content

April 20, 2013
Kathleen McLaughlin
The Indianapolis area’s largest employers have spent millions of dollars studying and promoting regional mass transit, but if the idea is going to get past the Legislature, they might have to put money into the $1.3 billion system as well.
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Carmel council wary of $100M Pedcor project

April 18, 2013
Andrea Muirragui Davis
Pedcor Cos. wants to apply for a state tax credit to help fund an upscale $100 million housing and office development in Carmel's Midtown. But City Council members are holding it at arm's length for now.
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Food trucks find patchwork of rules in northern suburbs

April 13, 2013
Andrea Muirragui Davis
As the food truck industry heats up in Indianapolis, leaders of its fast-growing northern suburbs are starting to rewrite the rules of the road.
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Greenwood's Old Town revival targets sidewalks, traffic flow

April 13, 2013
Dan Human
Greenwood city officials are in the early stages of a downtown revitalization plan that would begin with an investment of up to $9 million designed to make Old Town more appealing to both vehicle and foot traffic.
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Lawmaker seeks relief for fed-up water customers

April 11, 2013
Kathleen McLaughlin
As citizens of Zionsville, residents of the Royal Run subdivision have had little recourse against the Whitestown-owned water utility that charges them 78 percent more than its customers to the north.
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IU Health to chop $1 billion off costsRestricted Content

April 6, 2013
J.K. Wall
Even though Obamacare likely will expand health insurance coverage to an extra 500,000 Hoosiers over the next few years, IU Health expects per-patient reimbursements to fall as the federal government, employers and patients all push back on sky-high health care costs.
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Smartphone videos rewrite rules of customer researchRestricted Content

April 6, 2013
Chris O'Malley
Carmel-based Strategic Marketing & Research Inc. is among firms tapping the capabilities of video-enabled smartphones to gain insights into consumers’ thoughts and emotions. They’re doing this by having consumers use their phones to shoot a video diary of their product experiences.
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Boone County development group names new leaderRestricted Content

April 6, 2013
Bryan Brackemyre, who has been interim executive director of the Boone County Economic Development Corp. since his predecessor left for a position in state government early this year, got the full-time job effective April 1.
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Mobile boutique takes pop-up retail on the roadRestricted Content

April 6, 2013
Jill McCarter
Heather Hogan Pirowski, owner of Retro 101, is among a growing number of retailers who have chosen the nomadic lifestyle . Looking for an alternative to the fixed overhead of a permanent location, they set up shop at a site for a few days or weeks, then pack up and move on.
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Noblesville OKs $40 million upscale apartment project

April 5, 2013
Andrea Muirragui Davis
The vast multifamily project in the city’s massive Corporate Campus would effectively close out such development there. City officials hope it will attract more businesses.
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Sherry Labs snapped up by Netherlands corporation

April 1, 2013
Jeff Newman
The materials-testing business with nearly 300 employees has been acquired by Element Materials Technology. Sherry had been owned by a group of well-connected central Indiana businessmen.
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Carbon Motors pulls equipment from Indiana plant

March 31, 2013
Associated Press
A company that had hoped to open a high-tech police car plant employing as many as 1,500 workers in eastern Indiana has cleared out its plant amid the resignation of a key official.
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Boomerang comes back with plans for Noblesville subdivision

March 29, 2013
Andrea Muirragui Davis
A local developer is moving forward with plans to build a 144-lot subdivision in Noblesville—the first such project city officials have OK’d since approving another proposal for the same property in 2007.
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Indiana corn dog maker with 87 workers closing

March 29, 2013
Associated Press
A company founded more than 50 years ago as Al Pete Meats is closing its doors, ending 87 jobs.
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