February 13, 2013
Kathleen McLaughlinThe House Ways and Means Committee cleared the bill, which would allow voters to decide whether to add 0.3 percent to local
income tax rates to pay for a proposed central Indiana mass-transit system.
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February 12, 2013
Area home-building activity continues to improve as the number of single-family permits filed in January jumped 55 percent
from the same period last year.
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February 12, 2013
IBJ StaffAutomotive supplier Valeo expects to invest $15.5 million in new machinery for its Greensburg facility as part of its plans
to expand operations in the plant and bring more than 200 workers onto the company payroll by 2014.
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February 9, 2013
Chris O'MalleyAs legislators brace for a $250 million annual transportation spending gap down the road, the Indiana Department of Transportation
has designated more than one-third of its entire federal highway aid this year toward building 27 miles of Interstate 69 between
Crane and Bloomington.
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February 7, 2013
Associated PressA retail giant that lost its bid to build a store in Greenwood nearly a decade ago is hoping local leaders look more favorably
on a new proposal to erect a smaller store at the same site.
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February 2, 2013
A reverse-commute shuttle that helps Indianapolis residents get to jobs in Carmel and Fishers is being expanded.
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January 29, 2013
Tom HartonAn affiliate of Butler Automotive Group bought more than 19 acres at the northwest corner of East 96th Street and Randall
Drive in late December and is seeking permission from Carmel to build a structure that would house Butler Hyundai.
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January 26, 2013
Cory SchoutenThe jury trial in South Bend for real estate developer John Bales and his general counsel, William E. Spencer, is scheduled
to begin Jan. 28 and last up to two weeks. Bales and Spencer, both 45, are facing 13 counts, including wire and mail fraud.
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January 26, 2013
Chris O'MalleyMayor Greg Ballard is expected on Jan. 30 to lay out plans for a cross-county economic development area anchored by Indianapolis
International Airport that promises to quell political divisions and clear the way for investment.
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January 26, 2013
Chris O'MalleyAn 11-page utility bill in the Indiana Senate that a consumer group likens to “a money grab” would hasten and
expand a utility’s ability to recover additional costs from customers.
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January 26, 2013
IBJ StaffOld Carolina Barbecue also announces expansion to Indianapolis market.
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January 20, 2013
Associated PressIndiana Beach Amusement Resort on Lake Shafer neglected to pay an estimated $180,000 in innkeeper's taxes and about $167,000
in 2011 property taxes, according to White County officials.
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January 19, 2013
Cory SchoutenFive years after the Hamilton Town Center lifestyle mall opened at a sleepy interchange on Interstate 69 in Noblesville, the
neighborhood is one of the hottest growth markets in the state for retail, residential and medical development.
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January 19, 2013
Kathleen McLaughlinA wide-ranging gambling bill designed to protect Indiana casinos from border-state competition would allow live table games
at two central Indiana racinos.
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January 19, 2013
Chris O'MalleyHalo Coatings, founded in 2007, spent its early years licensing its proprietary reflective technology for powder-coating applications
to companies involved in highway infrastructure, such as guardrails. But it's now shifting its focus to the big players in
the apparel, medical and consumer-product fields.
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January 17, 2013
Gordmans, an apparel and home decor retailer, said it will spend $37.5 million to construct and equip a 545,000-square-foot
distribution center in Clayton.
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January 16, 2013
Keihin North America Inc. plans to relocate between 130 and 175 management, engineering and development jobs to the Flagship
Enterprise Center.
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January 15, 2013
Scott OlsonThe Bloomington-based winery claims in a federal lawsuit that it was forced to recall its hard apple cider due to defective
cans provided by Ball Metal Beverage Container Corp.
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January 15, 2013
IBJ Staff and Bloomberg NewsThe maker of Subaru cars is targeting a 6-percent increase in global sales this year, spurred by the introduction of a new
Forester SUV model. The company will use its plant in Lafayette to increase output.
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January 12, 2013
Chris O'MalleyA synthetic natural gas plant proposed downstate need only tweak its contract with would-be gas purchaser Indiana Finance
Authority to comply with an October court ruling and to proceed with the project, Indiana Gasification said in a recent filing
with the Indiana Court of Appeals. But opponents of the plant, led by Evansville-based gas and electric utility Vectren, immediately
objected.
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January 12, 2013
Chris O'MalleyThe ever-evolving information/answers service ChaCha Search has launched a startup within the 7-year-old company. Social Reactor
will match advertisers with participating celebrities and other “social influencers,” who will use social media
tools such as Twitter to drive fans to advertisers. Verge founder Matt Hunckler was tapped to get it rolling.
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January 12, 2013
J.K. WallInvestors have dumped the already-depressed shares of ITT Educational Services Inc. after the operator of for-profit colleges
shelled out $46 million for bad private student loans it had backed to help students pay the portion of its pricey tuition
that federal loans won’t cover. With fewer ITT graduates able to find jobs, the default rates on these loans has spiked.
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January 8, 2013
The seven-member council chose John Weingardt as president and Pete Peterson as vice president. Weingardt replaces Scott Faultless,
who had been president since 2001.
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January 8, 2013
Associated PressGun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply
toward the end of 2012.
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January 5, 2013
Kathleen McLaughlinCentaur Holdings LLC plans to concentrate all thoroughbred racing at Indiana Downs in Shelbyville and all standardbred harness
racing at Hoosier Park in Anderson once it clears regulatory hurdles to take control of the Shelbyville track.
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A non-compete clause is expected to keep Buchman from appearing on-air at WTHR for a year from the WISH contract’s expiration.
In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.