Regional News

Fishers Town Council elects new leadership

January 8, 2013
The seven-member council chose John Weingardt as president and Pete Peterson as vice president. Weingardt replaces Scott Faultless, who had been president since 2001.
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Greenfield gun seller, others seeing run on guns

January 8, 2013
Associated Press
Gun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply toward the end of 2012.
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Centaur strategy cheers horse industryRestricted Content

January 5, 2013
Kathleen McLaughlin
Centaur Holdings LLC plans to concentrate all thoroughbred racing at Indiana Downs in Shelbyville and all standardbred harness racing at Hoosier Park in Anderson once it clears regulatory hurdles to take control of the Shelbyville track.
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CNO's Bonach has insurance firm back on offenseRestricted Content

January 5, 2013
Chris O'Malley
CNO Financial Group’s stock price has nearly doubled since Ed Bonach took the helm in October 2011. Some analysts that follow the successor to Conseco Inc., which a decade ago was the nation’s third-largest Chapter 11 bankruptcy reorganization, now regard CNO as an attractive value play.
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Microlenders aim to help businesses grow, survive

January 5, 2013
Andrea Muirragui Davis
Indiana has three certified, not-for-profit SBA microloan intermediaries, which not only make short-term microloans—as any lender can—but also use the SBA grants they receive to offer business coaching along with the financing.
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Stock buyback continues at CNORestricted Content

January 5, 2013
 IBJ Staff
The Carmel-based owner of Bankers Life and other insurance companies has seen its stock rise as it restructures debt.
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Tipton manufacturer with 173 workers says its closing

January 3, 2013
 IBJ Staff
Steel Parts Manufacturing Inc. says it plans to close its plant in Tipton, ending employment for 173 workers. The company told the state the closure and layoffs will begin Feb. 28 and end by March 14.
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Indiana town sues in bid to take over water services

January 2, 2013
Associated Press
A central Indiana town is suing Indiana American Water Co., seeking to wrest control of local water services from the utility.
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Bloomington earns green distinction for city hall

December 28, 2012
Associated Press
Other than bragging rights and a plaque on the wall, what's the value of energy and environmental design certification for the city and taxpayers?
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Chrysler expansion fueled by optimistic sales outlookRestricted Content

December 22, 2012
Dan Human
Chrysler Group LLC is betting on huge sales gains to justify the more than $374 million it is considering investing in Kokomo and Tipton to make a new line of nine-speed transmissions.
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Environmental enforcement stings three companiesRestricted Content

December 22, 2012
Penalties will help fund clean-up of East Washington Street site.
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Land trust strategy goes nationalRestricted Content

December 22, 2012
Dan Human
The Central Indiana Land Trust has developed a 60-page strategy that identifies more than 300,000 acres that have conservation potential throughout the 3.1 million acres in Marion County and its eight surrounding counties.
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Landmark Anderson drugstore closes after 80 years

December 20, 2012
Associated Press
Howard Gwinn worked as a teacher and a Chicago-based pharmacist before opening shop at Fifth Street and Madison Avenue in Anderson in 1932. The drugstore he founded was a neighborhood fixture until closing Wednesday night.
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Developer close to starting project at 116th, Springmill

December 18, 2012
Tom Harton
Gershman Brown Crowley Inc. is in the process of getting design approval from the city of Carmel for a 9,600-square-foot retail building and a 13,200-square-foot CVS pharmacy.
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Kenley pitching license plate tax to fund highway projectsRestricted Content

December 15, 2012
J.K. Wall
A license plate tax of $20 to $50 per car will be one of a raft of proposals considered by the Legislature next year as a way to fix a hole in funding for road maintenance, and to keep expanding Indiana’s system of highways.
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Hamilton County airport closer to extending its runwayRestricted Content

December 15, 2012
Federal, state grants will fund study of project intended to serve growing corporate clientele.
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Chrysler seeks tax incentives on Kokomo plant

December 14, 2012
Associated Press
Chrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton County officials for similar incentives on a vacant plant.
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Johnson County officials repeal public smoking ordinance

December 13, 2012
Associated Press
Johnson County commissioners voted unanimously this week to repeal a tough new public smoking ordinance less than a month before it was scheduled to go into effect.
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Substance at Indiana plant sends 32 to hospital

December 12, 2012
Associated Press
Health officials in central Indiana say a material resembling red crushed pepper that apparently sickened 32 workers at an Amazon distribution center in Plainfield was organic and not a threat to anyone's health.
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Pedcor to start second phase of Carmel's City Center

December 11, 2012
Tom Harton
The Nash, a three-story, $10 million mixed-use building, is to be built just south of City Center on the west side of Rangeline Road.
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Honda unveils 2013 CivicRestricted Content

December 8, 2012
Compact car made in Greensburg usually gets rave reviews from critics, but last year's model was slammed for poor handling and a 'cheap' interior.
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Japanese automakers help drive economyRestricted Content

December 8, 2012
Dan Human
A deal struck 25 years ago brought Subaru-Isuzu to Indiana. Toyota followed in 1996, and Honda came in 2008. The three Japanese automakers now collectively employ 10,000 and support thousands more jobs at suppliers across the state.
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Retail, apartment blitz hits Fishers

December 8, 2012
Cory Schouten
It seems as if all of Fishers is under construction—and not just the perpetual improvements to Interstate 69. Developers have lined up a multitude of deals adding residential and commercial space, projects that are coinciding with the town’s recent voter-approved transition to a city.
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New Hulman & Co. CEO eyes changes to resurrect open-wheel racingRestricted Content

December 8, 2012
Anthony Schoettle
New Hulman and Co. CEO Mark Miles will focus in his new role on all of Hulman & Co.’s ventures—including real estate holdings and Clabber Girl. But his biggest challenge will be turning around the money-losing IndyCar Series and bolstering one of the region’s most famous landmarks—the Indianapolis Motor Speedway.
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Midwest Energy oil firm drilling for $15MRestricted Content

December 8, 2012
Chris O'Malley
An Indianapolis investment advisory oil firm has been looking for blowouts in its own back yard. Midwest Energy Partners is preparing for its seventh—and largest—round of funding to pay for oil drilling in southwestern Indiana and southeastern Illinois.
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