Regional News

Indiana hospitals settle Medicare lawsuit

September 30, 2009
 IBJ Staff
Six hospital systems, including three in Indiana, have agreed to pay the federal government $8.3 million to settle a whistleblower lawsuit alleging the hospitals deliberately overcharged Medicare for routine back surgeries.
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Carmel officials confirm Feinstein appointment

September 28, 2009
Kathleen McLaughlin
Singer Michael Feinstein will make as much as $400,000 in a single year to serve as artistic director of the Regional Performing Arts Center that’s still under construction in Carmel, officials confirmed this morning.
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Elwood rock store expands inventoryRestricted Content

September 26, 2009
Marc D. Allan
Spencer Lapidary expands offerings to include stained glass and silver.
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Pennsylvania city not giving up Harley without a fightRestricted Content

September 26, 2009
Kathleen McLaughlin
The motorcycle manufacturer is considering a Shelby County site at the same time that it's pushing for concessions from the union in York, Pa.
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Influential team owner thinks hot rod group should move HQ from California to BrownsburgRestricted Content

September 26, 2009
Anthony Schoettle
A meeting between high-level National Hot Rod Association executives—including NHRA President Tom Compton—and Gov. Mitch Daniels and members of the Indiana Economic Development Corp. has fueled speculation that the drag racing group might be looking to significantly expand its presence here.
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Fred Glass takes center stage in IU football's ad campaignRestricted Content

September 26, 2009
Anthony Schoettle
Athletics Director Fred Glass isn’t just calling an audible, he’s changing the advertising playbook in Bloomington. Glass, along with his new senior assistant athletics director for marketing, Patrick Kraft, are upping the ante this football season, with a 67-percent boost in television advertising and 20-percent boost in the total media buy.
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Sisters start new trucking firm

September 26, 2009
 IBJ Staff
Two former executives of Carmel-based Performance Marketing Group have launched Rapid Freight Solutions.
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Current Publishing launches another Hamilton County newspaper

September 26, 2009
 IBJ Staff
Publishers of the weekly Current in Carmel newspaper launched a publication this month in Noblesville.
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New technology sparks growth for plastics welder

September 26, 2009
 IBJ Staff
Genesis Plastics Welding plans to double the size of its Fortville facilities to 50,000 square feet and add to its staff of 49 people
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Tour highlights alternative energy in central Indiana

September 26, 2009
 IBJ Staff
An event stretching from Noblesville to Bargersville might be the best opportunity ever to check out wind- and solar-energy projects in one afternoon.
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Utility-locating service Blood Hound grows quicklyRestricted Content

September 26, 2009
Brock Benefiel
Brownsburg company Blood Hound Inc.is adding offices and revenue is booming.
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Greenwood merger would create one of state's largest cities

September 19, 2009
Kathleen McLaughlin
The new city would count more than 80,000 residents. In terms of population, it would zoom past Fishers and Carmel to rank sixth or seventh in the state.
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Anderson firm aims to clean up diesel emissions

September 17, 2009
Kathleen McLaughlin
Engineer Refaat "Ray" Kammel's Anderson engineering firm has received a $2-million grant from the Indiana Department of Economic Development to start manufacturing a patented device that will help old trucks meet new federal emission standards.
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Irwin Financial admits outlook dire

September 16, 2009
Greg Andrews
Shares of Irwin Financial Corp. plummeted this morning after the banking company disclosed that regulators have ordered it to bolster its capital by the end of the month to levels "it has no realistic prospect of achieving."
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Westfield makes smoking illegal in most public places

September 15, 2009
 IBJ Staff
The Westfield City Council passed a smoking ban 7-0 last night that will prohibit smoking in most public places, including outdoor arenas, stadiums and amphitheaters.
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Anderson siblings buying city's Mounds Mall

September 15, 2009
 IBJ Staff and Associated Press
Two Anderson siblings are buying the city's Mounds Mall from the Florida-based company that has owned it for the past six years.
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Nucor Steel struggling to strike new power deal with Duke Energy

September 12, 2009
Chris O'Malley
After two years of fruitless negotiations, the Crawfordsville steel mill has asked the Indiana Utility Regulatory Commission to intervene. More than 700 jobs depend on Nucor and Duke striking a deal.
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Latin market and tapas bar opening in Fishers

September 12, 2009
 IBJ Staff
The new market, which will also offer catering services, is in a strip center owned by locally based Centre Properties and anchored by Beauty Brands and Panera.
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Civic Theatre considering move to Carmel

September 11, 2009
Kathleen McLaughlin
Indianapolis Civic Theatre, one of the city’s oldest and largest cultural organizations, is considering a move to Carmel’s new performing arts center. Civic informed its current host, Marian University, yesterday of pending negotiations with the Carmel Performing Arts Foundation.
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Sweetener company Heartland looks for openings in crowded fieldRestricted Content

September 5, 2009
Kathleen McLaughlin
Heartland Sweeteners LLC is now a top maker of private-label alternatives to Splenda. The company also markets its own products directly to consumers.
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Region's expertise in hybrid cars goes beyond high-profile players

September 5, 2009
Chris O'Malley
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several other players poised to be big players in the sector. In fact, few realize that North America’s largest producer of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
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Delaware County joins Central Indiana Regional Transportation Authority

September 5, 2009
 IBJ Staff
Delaware County’s representative on the CIRTA board will be Marta Moody, executive director of the Delaware-Muncie Plan Commission.
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Oak Street Funding raises $50 million in new capital

September 5, 2009
 IBJ Staff
German group invests in Carmel-based company that specializes in financial services for insurance agencies.
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Downtown apartment complex expanding

September 5, 2009
 IBJ Staff
The developer of The Waverley apartments downtown has filed plans to expand the complex because of high demand for one-bedroom units.
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Auto supplier set to accelerate with seat-control software

September 4, 2009
Chris O'Malley
A company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules that could be used in most any car with a power seat.
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