Regional News

Indiana Soccer Association moving to Westfield

September 29, 2011
Scott Olson
The Indianapolis-based soccer association's decision to move to Westfield's Grand Park Sports Campus follows a similar announcement earlier this year by the Lids Indiana Bulls, a youth baseball organization.
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Incentives flow to tech firm Positron, despite red inkRestricted Content

September 29, 2011
Chris O'Malley
The molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
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IBM adds 175 jobs at Delaware County call center

September 26, 2011
The new employees are located at the company's Heartland Business Center in Daleville, where IBM already has about 500 employees.
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Fish farming could become $1B industry in IndianaRestricted Content

September 24, 2011
Sam Stall
Current estimates place annual revenue for Indiana fish farming at just a few million dollars. But some believe the state’s central location, abundant land and water supplies, and relatively benign regulatory environment could foster a $1 billion industry in the next 10 years.
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Japanese auto parts maker adding 50 jobs in Franklin

September 22, 2011
 IBJ Staff
KYB Manufacturing North America Inc. expects to invest $6.4 million to add warehouse and distribution facilities to its existing 51-acre campus in Johnson County.
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Greenwood mayoral rivals run from big-spender labelRestricted Content

September 17, 2011
Francesca Jarosz
Greenwood's three mayoral candidates are distancing themselves from current Mayor Charles Henderson, who lost in the May primary in large part because of his unpopular proposals for adding amenities to the southern suburb designed to attract new businesses.
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INSIDE DISH: Willard builds on family-dining plan

September 16, 2011
Mason King
Dish_Willard_WatchVideoFranklin's neighborhood brew-and-pub-food palace—with roots in the community reaching back to 1860—has boosted sales through a shift in strategy following a city smoking ban.
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Area home-construction permits rise in August

September 15, 2011
Home-construction permits in the Indianapolis metropolitan area climbed 23 percent in August thanks to a surge of activity in suburban counties.
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Conservative legislator Delph won't challenge Lugar

September 14, 2011
Associated Press
State Sen. Mike Delph said Wednesday he would stay in the Indiana Legislature and focus on raising his family.
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Big sales forecast by CEO boosts Cummins stock

September 14, 2011
Associated Press
Cummins Chairman and CEO Tim Solso said Tuesday that 2011 would be a record year for the Columbus manufacturer.
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Anderson's GM culture, poor health blamed for high medical costsRestricted Content

September 10, 2011
J.K. Wall
Residents of the Anderson area—when they paid with health insurance provided by an employer—spent 76 percent more on health care in 2009 than the average American with employer health insurance, highest among all metropolitan areas in the nation.
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ChaCha broadens business strategyRestricted Content

September 10, 2011
Chris O'Malley
Mobile-phone-answers service ChaCha Search has dialed up its largest expansion yet—entering the United Kingdom and contracting with New York City’s “311” municipal information service.
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Civic debuts to new but eager audience in CarmelRestricted Content

September 10, 2011
 IBJ Staff
The not-for-profit musical theater company has grown its subscriber base and raised $2.6 million toward a $10 million goal, Executive Director Cheri Dick said.
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Indiana Live to get federal hearing on tax matterRestricted Content

September 10, 2011
 IBJ Staff
Shelbyville racetrack and casino could save millions if it successfully contests the way Indiana interprets state tax law.
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Former real estate exec to plead guilty to wire fraud

September 6, 2011
Scott Olson
Kim Hutchinson, former treasurer of J. Greg Allen Builders and Princeton Homes, agreed to plead guilty to stealing $446,419. Her cooperation likely will result in a lighter sentence of 30 to 40 months.
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Johnson County still dealing with 2008 flood

September 6, 2011
Associated Press
Johnson County officials have been working to buy about 40 flooded properties in an area a few miles west of Greenwood, so they can be demolished.
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Tax bills spur eBay listing for Anderson office buildings

September 5, 2011
 IBJ Staff and Associated Press
Two investors stung by soaring property taxes have listed three Anderson office buildings on eBay in hopes of drumming up interest in the $4.5 million package deal.
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Marsh plans to spend $60M to build and remodel storesRestricted Content

September 3, 2011
Cory Schouten
The Fishers-based supermarket chain is shifting into expansion mode with a mission to construct up to 10 new stores and revamp or rebuild several more over the next three years.
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Lauth's Eaglepoint fattens up on racing teams

August 30, 2011
Scott Olson
David Powers Motorsports, John Force Racing, Don Prudhomme Racing and Vance & Hines together occupy roughly 320,000 square feet of space at the park.
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Ball State geothermal plant powers economic engineRestricted Content

August 27, 2011
Andrew Smith
Ball State University leaders hope the school's $87 million geothermal plant paves the way for others like it—as an economic-development opportunity as much as an environmental effort.
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Crooked Stick golf pro hits links every day, rain or shineRestricted Content

August 20, 2011
Maria LaMagna
Patrick White Crooked watch videoCrooked Stick Golf Club pro Patrick White works 90 or more hours a week and loves every minute of it.
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Racinos ask federal court to lower their tax liabilityRestricted Content

August 20, 2011
Francesca Jarosz
If Indiana Live and Hoosier Park prevail, the racetrack-casinos may cut they could cut their combined tax bill by $30 million a year.
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Private funds may kick-start rail-transit planRestricted Content

August 20, 2011
Chris O'Malley
An innovative private financing deal struck last year to expand Denver’s rail transit system could be used to expedite construction of the first line in central Indiana.
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Probe: Investment adviser Hauke masked huge loss

August 20, 2011
Greg Andrews
Fishers investment manager Keenan Hauke suffered massive losses in his hedge fund seven years ago. Then, rather than fess up, he generated fake account statements for clients that showed money they didn’t really have and returns they hadn’t earned, state investigators allege.
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Veteran banker Alley found Integra too sick to saveRestricted Content

August 20, 2011
Francesca Jarosz
With reluctance, Mike Alley, a veteran Indianapolis banker, joined the board of Evansville-based Integra Bank in April 2009. A month later, he found himself CEO—the beginning of a 26-month odyssey that ended July 29 with banking regulators seizing and shutting down the 160-year-old institution.
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