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Regional News
Cummins Inc. profit soars on huge growth in sales
October 25, 2011
IBJ StaffCummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year
ago.
MoreI-69 rejection could affect bus service in Bloomington
October 23, 2011
Associated PressBuses in Bloomington and on the Indiana University campus could lose funding starting in 2014 if local officials don't include
Interstate 69 in their transportation infrastructure plans.
MoreHospitals scrambling to buy nursing homes
October 22, 2011
J.K. WallThe hospitals owned by Boone and Hamilton counties are following the lead of Indianapolis-based Wishard Health Services and
its parent organization by acquiring far-flung nursing homes, hoping the strategy proves as lucrative.
MoreCarmel mayor's next goal: Build posh, $32M hotel
October 22, 2011
Cory SchoutenThe principal developer of Carmel's City Center, Pedcor Cos., is working with city officials on plans for a four-star boutique
hotel that likely would cost at least $32 million to build and may require an additional city subsidy.
MoreMarketing firm 5MetaCom focuses on clients with technical needs
October 22, 2011
Anthony SchoettleOwner Chris Wirthwein insists the Carmel firm with growing billings serves Indiana companies within a two-hour drive.
MoreJohnson County eyes fee increases to offset cuts
October 15, 2011
Associated PressResidents of a central Indiana county could pay more to own dogs or have work done at their homes and could buy a beer at
county-owned property under proposals designed to bolster coffers.
MorePublic universities expect state support to keep dropping
October 15, 2011
J.K. WallIndiana University President Michael McRobbie last month predicted that IU eventually will get less than 10 percent of its
revenue from the state. If public schools get nine out of 10 dollars from somewhere other than public coffers, will they still
be public?
MoreBig name in horse racing banned from tracks
October 15, 2011
Kathleen McLaughlinEd Martin Jr., the former car dealer who helped create Indiana’s horse-racing industry, these days isn’t even
welcome at the state’s tracks. The Indiana Horse Racing Commission banned Martin after he refused to obtain a license,
but he filed a lawsuit in Marion Superior Court last month seeking to overturn the decision.
MoreSolar flop puts energy funding in limbo
October 15, 2011
Chris O'MalleyCompanies promising thousands of green jobs in Indiana are playing a high-stakes waiting game as federal officials consider
the fate of at least $600 million in loan guarantees.
MoreFDA: Cook Medical’s stent met efficacy, safety goals
October 11, 2011
Bloomberg NewsPeripheral vascular devices, including stents, angioplasty balloons and synthetic grafts, generated $4.3 billion in global
revenue last year and may earn $5.6 billion in 2014.
MorePrinting manufacturer to expand in Tipton, create 35 jobs
October 11, 2011
IBJ StaffBottcher America Corp. will invest $2.1 million to purchase new gear and create a 30,000-square-foot addition to its current
facilities.
MoreStartup dangles visas in return for funding, jobs
October 8, 2011
Kathleen McLaughlinA new enterprise in the Muncie area hopes to capitalize on wealthy foreigners’ thirst for U.S. residency.
MoreDelaware County closing office building on Fridays
October 4, 2011
Associated PressFacing steep budget cuts, the county northeast of Indianapolis will be shutting down its main government building on Fridays
and cutting the work week of nearly 150 employees.
MoreAnderson racino emerges from bankruptcy
October 4, 2011
Francesca JaroszThe parent company of Anderson racetrack and casino Hoosier Park has officially emerged from bankruptcy. The original shareholders
of Centaur Inc., about 80 individual Indiana investors, lost their entire investment in the company.
MoreIU Health, Howard Regional call off merger talks
October 4, 2011
J.K. WallThe integration of the two not-for-profit hospital systems, approved by Howard Regional's board in late May, is now dead,
the two hospitals announced Monday.
MoreIndiana Soccer Association moving to Westfield
September 29, 2011
Scott OlsonThe 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.
MoreIncentives flow to tech firm Positron, despite red ink
September 29, 2011
Chris O'MalleyThe molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
MoreIBM 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.
MoreFish farming could become $1B industry in Indiana
September 24, 2011
Sam StallCurrent 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.
MoreJapanese auto parts maker adding 50 jobs in Franklin
September 22, 2011
IBJ StaffKYB 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.
MoreGreenwood mayoral rivals run from big-spender label
September 17, 2011
Francesca JaroszGreenwood'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.
MoreINSIDE DISH: Willard builds on family-dining plan
September 16, 2011
Mason King
Franklin'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.
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.
MoreConservative legislator Delph won't challenge Lugar
September 14, 2011
Associated PressState Sen. Mike Delph said Wednesday he would stay in the Indiana Legislature and focus on raising his family.
MoreBig sales forecast by CEO boosts Cummins stock
September 14, 2011
Associated PressCummins Chairman and CEO Tim Solso said Tuesday that 2011 would be a record year for the Columbus manufacturer.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.