Regional News

Carmel selling vacant land in Old Town neighborhood

May 14, 2014
Andrea Muirragui Davis
The Carmel Redevelopment Commission is accepting offers for an undeveloped parcel of land in the city's resurgent Old Town neighborhood, near a planned expansion of a popular subdivision.
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Chrysler hires 204 workers for new plant

May 13, 2014
Associated Press
At full capacity, the Tipton plant will be able to ship about 800,000 transmissions annually to assembly plants in Toledo, Ohio, and Sterling Heights, Mich., as well as Italy, Turkey, Brazil and China.
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Kokomo plans baseball stadium in flood-prone area

May 12, 2014
Associated Press
A flood-prone neighborhood near downtown Kokomo will become the site of a new $9 million baseball stadium under plans announced by city officials.
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Baker's Edge founders to test 'Shark Tank' waters

May 8, 2014
Andrea Muirragui Davis
Carmel residents Matt and Emily Griffin can expect to see a big burst in sales of their innovative brownie pan after they appear in front of celebrity entrepreneurs on ABC-TV's hit show later this month.
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Indiana manufacturer plans $7M expansion

May 8, 2014
 IBJ Staff
Yorktown-based Mursix Corp. on Thursday announced plans for a headquarters expansion that’s expected to create 108 jobs by 2017.
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Fadness: Fishers needs to find common ground

May 7, 2014
Andrea Muirragui Davis
With a hard-fought primary battle in the mayoral election behind him, Fishers Town Manager Scott Fadness is focusing on building community consensus along with a vibrant downtown.
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Town Manager Fadness wins mayoral primary in Fishers

May 6, 2014
Andrea Muirragui Davis
Scott Fadness won Fishers’ first mayoral primary Tuesday, edging out five Republican candidates—including longtime Town Council President Walt Kelly and current council member Renee Cox.
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Election key step in town's change into city

May 4, 2014
Associated Press
An Indianapolis suburb will begin the transition from the town to city this Tuesday, as voters in Fishers vote in its first municipal primary election.
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Keystone-style overhaul discussed for key Hamilton County corridor

May 3, 2014
Andrea Muirragui Davis
A study recommends replacing as many as 10 signalized intersections along State Road 37 with roundabout interchanges, dropping the highway under the cross streets.
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Endocyte shares plunge 60 percent after drug trial is stopped

May 2, 2014
 Bloomberg News and IBJ Staff
Endocyte Inc.'s stock fell more than 60 percent in early trading Friday after the drug it’s developing with Merck & Co.’s backing failed to help patients in a trial for ovarian cancer.
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Health IT firm hc1.com to add up to 175 Boone County jobs

May 2, 2014
 IBJ Staff
The company said it will invest $2.5 million to lease and renovate an additional 9,466 square feet to expand its current 16,626-square-foot headquarters at Northwest Technology Park.
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Zionsville, Perry Township move toward consolidation

April 22, 2014
Andrea Muirragui Davis
Zionsville could remain a town and gain an elected mayor if residents approve a government reorganization plan that’s speeding toward a November vote.
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Lilly to pay dearly for Novartis animal health biz

April 22, 2014
J.K. Wall
Wall Street analysts raised their eyebrows at the hefty price Eli Lilly and Co. will pay to acquire Novartis Animal Health, when compared to the value of the biggest player in the field.
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Court approves $26M acquisition of Indiana Limestone

April 21, 2014
 Bloomberg News and IBJ Staff
Indiana Limestone president Duffe Elkins said the business is expected to reopen and rehire workers after the new ownership takes charge.
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Mainstreet aims to help finance nursing home through crowdfundingRestricted Content

April 19, 2014
J.K. Wall
Mainstreet Property Group LLC plans to launch a new round of private placement fundraising on April 21 using a website run by Oregon-based CrowdStreet Inc. and a mix of traditional advertising in central Indiana.
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Beck’s Hybrids prospers against far bigger firms

April 19, 2014
Andrea Muirragui Davis
When Lawrence and Francis Beck planted six acres of hybrid corn on their Hamilton County farm almost eight decades ago, the father and son sowed the seeds of a family business that’s still growing despite widespread industry consolidation.
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Landmark restaurant nears reopening after fire

April 17, 2014
 Associated Press and IBJ Staff
Donna Tracy said her family is on schedule to reopen the Bluebird Restaurant in the Shelby County town of Morristown on April 28.
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Chrysler set to celebrate Indiana factory's opening

April 16, 2014
Associated Press
Chrysler expects to have up to 850 workers at the Tipton factory, with a goal of it producing 400,000 transmissions by year's end.
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Lender bids $26 million to take over Indiana Limestone Co.

April 15, 2014
 Associated Press and IBJ Staff
An investment firm was the only bidder for an Indiana company that supplied limestone to the Empire State Building, the Pentagon and other iconic buildings.
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Delaware County treasurer faces 46 felony counts

April 15, 2014
Associated Press
A prosecutor sought the removal of an eastern Indiana county treasurer from office Monday after filing charges that allege theft, official misconduct and 44 counts of not depositing public funds on time.
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Muncie summer recreation site to be auctioned

April 13, 2014
Associated Press
The Water Bowl, a recreation site that has been used by area residents and Ball State University summer students for swimming, fishing, water skiing and camping since 1957, is going to be auctioned. The property could be converted to industrial use.
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Body shops sue insurers, allege push to drive down pricesRestricted Content

April 12, 2014
Chris O'Malley
In a federal lawsuit, 14 Indiana auto-body shops accuse State Farm and competitors of extracting “unreasonable and onerous” concessions on vehicle repair costs.
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Bloomington brewer taps Indy ad firm, French designer to recast beer labels

April 12, 2014
Chris O'Malley
Upland recently hired Indianapolis ad agency Young & Laramore to help streamline and unify its varied packaging themes.
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IEDC urging government bets on spec-buildingRestricted Content

April 12, 2014
Kathleen McLaughlin
The Indiana Economic Development Corp. is encouraging local governments to help finance speculative industrial buildings, which could land new businesses but could put at risk hundreds of thousands in taxpayer dollars.
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State slams glass factory with record safety fine

April 9, 2014
Dan Human
The death of one worker and an injury to another prompted investigations at Pilkington North America's plant in Shelbyville.
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