Regional News

Judge: Anderson can lay off firefighters

October 24, 2012
Associated Press
Circuit Judge Dennis Carroll said in a 27-page ruling Tuesday said that Indiana law gives municipalities the right to lay off employees because of economic conditions.
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Wisconsin firm consolidates into Plainfield, plans 50 new jobs

October 24, 2012
 IBJ Staff
Regal Beloit Corp. said it plans to move operations from multiple Midwestern warehouses into a new, 376,000-square-foot warehouse in Browning Investments' and Duke Realty Corp.'s AllPoints Midwest industrial park.
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Filtration manufacturer moving from Fishers to Anderson

October 23, 2012
Associated Press
Hy-Pro Filtration plans a $10.5 million construction project for its new facility and will move more than 100 employees from Fishers to Anderson next year.
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Airport’s ground game fueling tensionsRestricted Content

October 20, 2012
Chris O'Malley
The Indianapolis Airport Authority’s aggressive effort to stop an Ohio firm from building a parking facility beyond airport boundaries has neighbors worrying the municipality will unleash its lawyers on virtually any nearby business deemed a threat to airport revenue.
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University endowments are digging out of deep holeRestricted Content

October 20, 2012
Dan Human
Indiana college endowments have surged back since the recession, but three-quarters closed the 2011 fiscal year below where they were when the market crashed.
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Startup answers call for better phone bankRestricted Content

October 20, 2012
Andrea Muirragui Davis
Noblesville-based VolunteerYourVoice is setting out to revolutionize phone banks with a Web app that allows advocacy groups to manage virtual campaigns, getting instant results from calls volunteers make through their home computers.
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City or town? Confusing ballot to determine fate of Fishers

October 17, 2012
Cory Schouten
A group of Fishers residents is crying foul over questions on the November ballot that will determine whether Fishers remains a town, becomes a "reorganized" city with a council and city manager, or a traditional city with an elected mayor.
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Honda hopes 2013 Civic restores model's lusterRestricted Content

October 13, 2012
Dan Human
The next model of the Honda Civic, due out by year-end, may need hefty changes to silence critics and ensure the company’s 2,000-employee Greensburg factory has strong demand for its signature vehicle for years to come.
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Communications firm Metronet plants flag in Indy areaRestricted Content

October 13, 2012
 IBJ Staff
The Evansville company plans to install more than 200 miles of fiber-optic lines in Franklin.
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Indiana Rail Road plans to speed up trains, and traffic, in BloomingtonRestricted Content

October 13, 2012
 IBJ Staff
Track and crossing upgrades will allow Hoosier transportation company to reduce wait times for cars.
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GOP aims to bolster legislative firepowerRestricted Content

October 13, 2012
Kathleen McLaughlin
Indiana Republicans expect to rule the Statehouse again in 2013, and the only question to be answered Nov. 6 is the extent of their majority.
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IU’s tech chief using university's clout to save millions on softwareRestricted Content

October 13, 2012
J.K. Wall
Universities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
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Toyota supplier plans 116 jobs in Hancock County

October 11, 2012
Japan-based Tsuda Industries Co. Ltd. plans to spend $56.2 million to build a facility at Mount Comfort Air Park East, which should create 116 jobs by 2016, the company said Thursday.
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Cummins shares slide on job cuts, lower forecast

October 10, 2012
Bloomberg News
Shares in Cummins Inc. saw their biggest one-day drop in three months Wednesday after the Columbus-based engine maker lowered its forecasts for revenue and profit and said it expects to cut as many as 1,500 jobs by the end of the year.
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Metro-area building permits rise in September

October 10, 2012
Home builders in the Indianapolis area filed 339 permits in September, bringing the total to 3,191 through the first nine months, an 11-percent increase from the same period last year.
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Local furniture maker acquires northern Indiana company

October 9, 2012
Facility Concepts Inc.'s purchase of Classico Seating in Peru, Ind., gives the manufacturer of restaurant furniture about 100 employees and 250,000 square feet of manufacturing space.
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St. Vincent, Community team up, forming colossusRestricted Content

October 6, 2012
J.K. Wall
Three area hospital groups—St. Vincent Health, Community Health Network and Suburban Health Organization—have agreed to join forces to manage patients’ health and strike new kinds of contracts with employers and health insurers.
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Citizens' Westfield utility acquisition will help with broader system needsRestricted Content

October 6, 2012
Chris O'Malley
The $91 million water and sewer deal is expected to improve water distribution between northeast and northwest suburbs.
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Cummins shortens work week at Columbus factory

October 5, 2012
Associated Press
The engine maker says that slowing demand led to the decision to scale back hours for the 350 workers at its Columbus Fuel Systems Plant. The new four-day workweek will continue indefinitely.
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Precision Cutoff closing Franklin metal-tube plant

October 4, 2012
Dan Human
The Franklin metal-tube factory with 39 employees plans to close early next year, less than five years the $2 million plant opened.
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Rail line being revived between Indiana cities

October 2, 2012
Associated Press
The $5.5 million rail line project will return tracks between Kokomo and Tipton into service.
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Local pilot turns aerobatics into satisfying 'jobby'Restricted Content

September 29, 2012
Ellen Kobe
Billy Werth's passion for flying has landed him two jobs that pay the bills--as commercial pilot with Chautauqua Airlines and a major in the Air Force Reserves at Grissom Air Reserve Base in Peru. His third job is just for fun. Since 2006, Werth has owned an acrobatic flying company called Grayout Aerosports.
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Vincennes logistics program gets box of money from federal governmentRestricted Content

September 29, 2012
 IBJ Staff
$2.9 million grant will be used to bulk up logistics training and education center in Plainfield.
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Fishers debates whether to remain a town or become a cityRestricted Content

September 29, 2012
 IBJ Staff
Voters will be faced with three options for how the town will be governed in the future.
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Tutwiler auto dealership closes after 48 years

September 25, 2012
Scott Olson
Tutwiler Automotive had long been known as Tutwiler Cadillac before changing its name two years ago when its General Motors franchise agreement expired. The dealership closed Saturday.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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