Regional News

Two Monroe County employers lay off 205 workers

September 9, 2013
Associated Press
GE Appliances said Monday it will eliminate 160 jobs from its Bloomington plant because demand for its side-by-side refrigerators has fallen by more than 30 percent since 2010. Meanwhile, Ellettsville telecommunications company Smithville is cutting 45 full-time employees
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Opening set for new West Lafayette bypass

September 9, 2013
Associated Press
The four-lane roadway cost $45 million and follows a 5.3-mile route around the south and west sides of the city.
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Mission shift at Camp Atterbury to trigger 207 layoffs

September 9, 2013
 IBJ Staff and Associated Press
The layoffs at the end of September will come as the base transitions from a mobilization site for U.S. troops to a mission focusing more on training.
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Indianapolis suburbs connecting the dots with trailsRestricted Content

September 7, 2013
Andrea Muirragui Davis
About 500 miles of trails already cut through Hamilton and Boone counties—including 125-plus miles in Carmel—and countless more are on the drawing board as suburban leaders strive to appeal to residents who want connected, walkable communities.
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Proposed power plant divides small Shelby County town

September 5, 2013
Associated Press
Residents in Morristown are rallying against a proposed $500 million power plant they fear will harm the quiet agricultural community.
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Greenwood biotech firm's assets to hit auction block

September 3, 2013
 IBJ Staff
The remnants of ill-fated Elona Biotechnologies Inc. will be auctioned on Sept. 27, presenting a rare turnkey opportunity for entrepreneurs interested in jumping into the life sciences industry.
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Small radio stations find success with intensely local strategyRestricted Content

August 31, 2013
Chris O'Malley
Small Indiana-based radio broadcasters are surviving, and in some cases thriving, despite tough times for radio and years of consolidation that put stations in larger cities into hands of national heavyweights.
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Daniels' push to cut costs, create metrics faces skepticism at PurdueRestricted Content

August 31, 2013
J.K. Wall
The former governor wants to change the rules of higher education. But first he must convince skeptical professors that his plans aren’t just politics, but actually good for Purdue.
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Wal-Mart steps up grocery ambitionsRestricted Content

August 31, 2013
Scott Olson
The Indianapolis grocery market is about to become even more competitive, as discount giant Wal-Mart embarks on a strategy to offer consumers a store design much cozier than its cavernous supercenters.
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Omnicity lured teen to invest, state saysRestricted Content

August 31, 2013
Chris O'Malley
State securities regulators allege that principals of Omnicity Corp. goaded a 19-year-old to invest $100,000 from his inheritance into the wireless broadband firm so that it could clinch the purchase of an Ohio carrier in 2010.
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Health firm plans move to Carmel, adding 675 jobs

August 30, 2013
 IBJ Staff
American Specialty Health, a California-based provider of wellness programs, plans to lease about 90,000 square feet of office space in Carmel and open its new headquarters next June.
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Subaru considers ways to fix its supply problem

August 28, 2013
Bloomberg News
Subaru,  which employs about 3,600 people in Lafayette, is taking measured steps to expand its production capacity, but today it is worried about running out of cars.
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Debt collectors brawling in courtRestricted Content

August 24, 2013
Dan Human
Todd Wolfe, the 41-year-old founder of Deca Financial Services in Fishers, is at the center of a legal feud with Educational Credit Management Corp., an Oakdale, Minn., not-for-profit that insures $35 billion in federal student loans.
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'Prototyper' sees business gain fizzRestricted Content

August 24, 2013
Dan Human
TWeatherford Inc. was launched in 2006 as a reseller for additive manufacturing equipment, often called 3D printers or rapid prototypers. It has done well with the machinery sales and rentals, but has begun providing actual manufacturing services on a larger scale.
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Youth agency finds shelter under Children's Bureau umbrella

August 23, 2013
Andrea Muirragui Davis
Children’s Bureau Inc. is taking over operations of a Noblesville not-for-profit in “fiscal distress” after the smaller agency lost a key federal grant.
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Cummins to announce engine contract, more jobs

August 20, 2013
 IBJ Staff
Columbus-based Cummins Inc. plans to announce Tuesday afternoon an agreement with Nissan Motor Co. to supply diesel engines for Titan pickup trucks.
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Noblesville planning riverfront park with amphitheater

August 19, 2013
Andrea Muirragui Davis
City leaders are working to acquire 6.4 acres of property along the White River for a park—complete with an open-air amphitheater—that would extend the city’s downtown area to the west.
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Pittman family finally moving forward on mixed-use Zionsville projectRestricted Content

August 17, 2013
Andrea Muirragui Davis
After decades of choosing to wait, a Zionsville family is moving forward with a $90 million mixed-use project on the high-profile corner of Michigan Road and Sycamore Street.
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Utilities fall short on efficiency spendingRestricted Content

August 17, 2013
Dan Human
Indiana’s largest power companies are set to reimburse their customers $32 million after falling short on spending for energy efficiency last year.
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Brownsburg town council head named new state auditor

August 15, 2013
Associated Press
Indiana Gov. Mike Pence announced Thursday morning he had selected Dwayne Sawyer for the position. Sawyer has been a member of the Brownsburg Town Council since 2009 and became its president last year.
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Flaherty making big pitch on Range Line Road project in Carmel

August 10, 2013
Andrea Muirragui Davis
Flaherty & Collins Properties is floating two redevelopment ideas for a seven-acre parcel on the edge of Carmel’s tony downtown, but both require public support that casts uncertainty over the project.
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Crowd funding taps passionate fan base for fantasy figurinesRestricted Content

August 10, 2013
Dan Human
A growing number of small game companies will join a pantheon of industry titans starting Aug. 15 at the Gen Con Indy gaming convention. The small guys are there largely because they can get the money they need to keep themselves alive via the fundraising technique known as “crowd funding” or “crowd sourcing.”
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Subaru parent set to reevaluate strategy amid rapid growth

August 9, 2013
Bloomberg News
Executives at the company, which counts Toyota Motor Corp. as its biggest shareholder, will begin discussions this month through next year to determine the long-term direction of the Tokyo-based company.
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U.S. 31 upgrade might begin in fall, INDOT says

August 8, 2013
Associated Press
INDOT said Wednesday it has awarded a $141 million contract for upgrades between 96th and 136th streets in Carmel to a joint venture between E&B Paving Inc. of Anderson and Gradex Inc. of Indianapolis.
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Carmel council axes funding for redevelopment commission boss

August 6, 2013
Andrea Muirragui Davis
Carmel City Council members exerted their influence over redevelopment commission expenses Monday, denying a $60,000 contract extension for longtime Executive Director Les Olds despite Mayor Jim Brainard’s pleas to keep him on the job.
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