Regional News

Caterpillar laying off 167 workers in Lafayette

August 3, 2012
Associated Press
Caterpillar Inc. says it's laying off nearly 170 workers at its Lafayette Large Engine Center in response to a drop in demand.
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Anderson using Colts training camp in year-round tourism effort

August 2, 2012
Anthony Schoettle
With a new Indianapolis Colts coach and quarterback on the field, Anderson officials expect to see an increase in training camp attendance this season that will help boost tourism in Madison County all year.
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Cummins tops expectations despite lower profit, sales

July 31, 2012
 IBJ Staff
Engine manufacturer Cummins Inc. on Tuesday reported lower profit and revenue in the second quarter, but the results exceeded Wall Street expectations.
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Water utility exploring drastic options to satisfy long-term demand

July 28, 2012
Chris O'Malley
Citizens Water engineers are considering various methods, both short-term and long-term, to meet increasing demand on the water supply of Indiana’s largest metro area, which might need 50 million gallons more water per day as early as five years from now.
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Mega-warehouse technology subject of Aug. 1 expoRestricted Content

July 28, 2012
The Indy Warehouse Automation Expo will showcase new generation of scanners, cameras and radio frequency ID technology.
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Firm gives college kids the opportunity to run a painting businessRestricted Content

July 28, 2012
Ellen Kobe
Student Development Co. helps college students run Textbook Painting businesses, to learn the ins and outs of entrepreneurship. Thirty students in seven states are participating this summer, including 10 student entrepreneurs in Indiana.
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Sallie Mae plans to add 200 jobs in Muncie

July 27, 2012
The jobs are part of a $5 million expansion in which the company will add 20,200 square feet of space to its offices in Muncie. When finished next summer, the 75,000-square-foot facility will house 900 employees.
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Auto parts manufacturer plans 325 jobs in Anderson

July 24, 2012
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by 2016, economic development officials announced Tuesday morning.
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Positron moving $65M project from Noblesville to Gary

July 23, 2012
 IBJ Staff and Associated Press
A troubled central Indiana nuclear medicine company is dropping plans to build a multimillion-dollar facility in Noblesville after reaching a better deal with the city of Gary.
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Mudathlon makes a splash as obstacle course races growRestricted Content

July 21, 2012
Ellen Kobe
A 3-year-old Westfield has taken advantage of the adventure-race trend by staging Mudathlons--obstacle courses conducted in the mud. More than 12,000 people were expected to participate in Mudathlon's four races this summer, up from about 2,000 at the company’s first two races in 2010.
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Six banks that owe Treasury walk TARP tightropeRestricted Content

July 21, 2012
Kathleen McLaughlin
Six of the 17 Indiana banks that relied on the federal government to shore up their balance sheets in the recession have yet to repay, and the U.S. Treasury isn’t going to wait forever.
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Golf courses scramble to weather lack of rain

July 14, 2012
Anthony Schoettle
Crooked_Stick_WatchVideoPGA officials are keeping their eyes on Carmel's Crooked Stick as the BMW Championship approaches. And groundskeepers are using some high-tech tactics to avoid the withering effects of drought.
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Carmel veterinarian opening animal hospital near Mass AveRestricted Content

July 14, 2012
Woodland Animal Hospital owner will take former bookstore space in Chatham Arch neighborhood.
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Honda West negotiating to open Fishers dealershipRestricted Content

July 14, 2012
It's not clear if the car dealer would leave its long-time home on West 38th Street.
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Businesses move, close for U.S. 31 transformationRestricted Content

July 14, 2012
Chris O'Malley
The 13-mile, $600 million upgrade of U.S. 31 that carves through some of Hamilton County’s fastest-growing suburbs is a temporary inconvenience to motorists, but for some business owners it’s a life—or livelihood—altering event.
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Chrysler seeks $2.5M utility deposit from Duke Energy Indiana

July 13, 2012
Chris O'Malley
The automaker is asking the Indiana Utility Regulatory Commission to look into its dispute with Duke Energy—and order the utility to return a deposit it required to keep the power on at Chrysler's Kokomo plants.
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Manufacturer growing Shelby County plant

July 13, 2012
 IBJ Staff
California-based manufacturer DrillingWorld plans to expand its operations in Shelbyville, adding as many as 30 jobs by 2015.
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Heartland Bancshares approves acquisition by HorizonRestricted Content

July 7, 2012
The deal, effective July 17, will give the Michigan City bank its first presence in Central Indiana.
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Drought deals blow to ethanol industryRestricted Content

July 7, 2012
Chris O'Malley
Indiana’s 13 plants distilling the automotive fuel ethanol could soon be sputtering as drought dries up the supply and boosts the price of corn, their main ingredient.
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Cousin wins minor damages in Mike's Carwash lawsuit

July 6, 2012
Dan Human
A Hamilton County judge has ruled that a former co-owner of Mike’s Carwash Inc. receive just $140,000 in damages in a civil case that sought close to $30 million.
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UPDATE: BrightPoint sale follows tough stretch for firm

July 2, 2012
Scott Olson
Given the soft cell phone market and Brightpoint's recent struggles, a sale to California-based Ingram Micro for about $840 million makes sense, analysts say. The two companies announced the acquisition early Monday morning.
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State scrubs contractor-financing plan for U.S. 31Restricted Content

June 30, 2012
Chris O'Malley
INDOT still plans to complete project three years sooner with traditional financing.
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Indiana leads region in income growthRestricted Content

June 30, 2012
The first-quarter report from the Bureau of Labor Statistics put Indiana on par with national growth and ahead of surrounding states.
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Performing arts center's new chief to chase donationsRestricted Content

June 30, 2012
Dan Human
Tania Castroverde Moskalenko, incoming CEO of The Center for the Performing Arts, turned a $500,000 deficit into a $300,000 surplus at her current organization in Tennessee. The 18-month-old Carmel center’s budget is almost seven times larger.
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Land trust buys 55 acres in Morgan County

June 28, 2012
The Central Indiana Land Trust announced Thursday that it has purchased 55 acres of land south of Mooresville to ensure that it remains protected from future development.
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  1. This is a big help. Thanks for share it here.

  2. Doug Henning!

  3. These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html

  4. Magician and illusionist!

  5. The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.

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