Regional News

Study recommends upgrades for public transportation in counties surrounding IndianapolisRestricted Content

October 31, 2009
Chris O'Malley
IndyGo, for all its faults, is the Cadillac of transit systems in the Indianapolis region. Service breaks at county lines and the absence of passenger shelters are among the deficiencies facing transit systems in surrounding counties.
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RCI to become Wyndham Exchange; says Carmel jobs are safeRestricted Content

October 31, 2009
Anthony Schoettle
Despite a swooning economy that has hammered the time-share condominium industry over the last 18 months, Resort Condominiums International continues to outperform its market. That’s not to say there hasn’t been some pain at the company formerly headquartered in Carmel.
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Greenwood seeks $75M in stimulus funds to speed road plans, lure interchangeRestricted Content

October 31, 2009
Kathleen McLaughlin
The Johnson County community hopes an economic stimulus grant for transportation will hasten its plans to build an east-west thoroughfare and set the stage for a new Interstate 65 interchange.
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Cummins reports plunge in profit, revenue

October 30, 2009
 IBJ Staff
Cummins Inc. said profit for its fiscal third quarter fell 59 percent and sales dropped by 31 percent compared to the same period last year, though the company said its profitability and cash position improved from the second quarter.
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Hoosier Park owner misses $13.4M loan payment

October 29, 2009
Peter Schnitzler
Indianapolis-based Centaur LLC, owner of Anderson's Hoosier Park horse track and casino, missed a $13.4 million interest payment due Tuesday on its more than $400 million in outstanding debt, putting the company in default with its lenders.
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New IT firm to create 400 jobs in Kokomo

October 28, 2009
 IBJ Staff
Zuna Infotech will locate in Kokomo's Inventrek Technology Park, a high-tech business incubator and state-certified technology park.
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With airport hotel stalled, Hendricks County makes its move

October 27, 2009
Cory Schouten
Hendricks County's moves to entice a developer to build a conference hotel in Plainfield could further crimp plans for a hotel attached to the new Indianapolis International Airport terminal.
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First Financial gets sweet deal on Irwin Financial's bank assetsRestricted Content

October 24, 2009
Greg Andrews
It’s good to be among the favored few, those blessed by the Federal Deposit Insurance Corp. to scoop up the remnants of failed banks. Because it was on the FDIC list of approved buyers, Cincinnati-based First Financial Bancorp was able to acquire Columbus, Ind.-based Irwin Financial Corp.’s banking operations under terms that would make any deal-maker proud.
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Public transportation entities in Indianapolis region might be reorganizedRestricted Content

October 24, 2009
Chris O'Malley
The Central Indiana Regional Transportation Authority, IndyGo and other Indianapolis-area transit groups are the subject of a study that could result in them being reorganized.
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Cook Group Inc. owner says health reform's tax on medical devices could kill jobs

October 24, 2009
 IBJ Staff
Bloomington-based Cook Group Inc. might have to cut as many as 1,000 local jobs if Congress enacts a tax on medical devices to pay for health care reform, company founder Bill Cook said in an interview.
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Gas City dealer offers electric versions of Cadillacs, HummersRestricted Content

October 24, 2009
Chris O'Malley
Of all the inappropriate postmarks for the largest distributor of plug-in electric vehicles in Indiana, Gas City, about an hour north of Indianapolis, takes the prize. But Steve Mitchell, proprietor of Electric Cars and Carts, figures he’s in the right place as far as business prospects go. Despite a stalled economy, Mitchell’s electric vehicle sales are up 35 percent over the same month last year.
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Cook: Tax could kill 1,000 jobs in Bloomington

October 21, 2009
J.K. Wall
Bloomington-based Cook Group Inc. could find itself cutting as many as 1,000 local jobs if Congress enacts a tax on medical devices to pay for health care reform, company founder Bill Cook said in an interview.
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German company to buy Eli Lilly's Lafayette plantRestricted Content

October 17, 2009
J.K. Wall
Eli Lilly and Co. will sell its manufacturing plant in Lafayette to a German company in its first major move toward reducing its work force by 5,500 employees and cutting its operating expenses by $1 billion.
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Carmel entrepreneurs with ties to ExactTarget hope SmartFile outshines competitorsRestricted Content

October 17, 2009
Chris O'Malley
File-hosting firm is launching new security software that could set it apart in a crowded field.
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Virginia homebuilder enters market

October 17, 2009
 IBJ Staff
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder CP Morgan Communities.
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Bloomington mayor to roll out chain-store ordinance for downtown

October 17, 2009
Kathleen McLaughlin
Bloomington Mayor Mark Kruzan believes this beloved college town loses a bit of its identity every time a national chain sets up shop.
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Area building permits fall for 23rd straight month

October 16, 2009
The number of building permits issued in the nine-county Indianapolis area fell 20 percent in September from the same time last year, marking 23 consecutive months of declines.
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Fishers water park developer hopeful despite setback

October 15, 2009
Scott Olson
The developer of a proposed hotel and water park in Fishers remains optimistic the project will get finished, despite the latest setback delaying the start of construction by at least two years.
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Proposed Fishers medical park faces uncertain demandRestricted Content

October 10, 2009
Scott Olson
The business park would encompass about 900 acres on the town’s northeast side and require rezoning of much of the land, from residential and agriculture to commercial.
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'Godfather' game-maker sued over 'Dillinger Tommy Gun'

October 10, 2009
 IBJ Staff
The Mooresville-based company that owns John Dillinger’s publicity rights has made an “offer” of sorts that the Godfather can’t refuse.
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Cabela's puts Greenwood property up for sale

October 7, 2009
Cabela's is selling the land on which it had planned to build a store in Greenwood.
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Ivy Tech building new campus in Anderson

October 7, 2009
 IBJ Staff and Associated Press
Ivy Tech Community College will build a $20 million campus along Interstate 69 in Anderson, school and city officials announced Tuesday.
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Fishers officials propose huge medical park

October 5, 2009
 IBJ Staff
Fishers development officials anticipate unveiling plans for a huge medical business park near Interstate 69's Exit 10 Wednesday night at the town's regular council meeting.
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Carmel performing arts center betting big on fund raisingRestricted Content

October 3, 2009
Kathleen McLaughlin
Carmel’s $137 million performing arts center is still a year from completion, but Executive Director Steven Libman already is pounding the pavement for donations.
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Carmel man's coupon app for iPhone grabbing Yowza responseRestricted Content

October 3, 2009
Marc D. Allan
A Carmel software developer's app has gotten a lift from a Hollywood actor's unrelenting promotion.
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  1. Choice between a democrat and a question mark? Take the question mark. We have all seen what the democrats will do.

  2. Its easy to blame workers. What about the Management of the Mill. Its not smart in business to not have a back up plan. Workers are afforded sick days in most cases. Union or not. Whether drunk partying, or a real sickness. Why would you as a businessman/woman not have a rotation of workers incase this happens. This is not an exclusive union protection. If the company can prove bad intentions on the part of any union employee. They can take action. Most CBA's have a 3 strike policy. Just like most Non-union company policies. You should read a CBA sometime. There are protections for companies too. Unions understand that businesses need to make money. If they don't, the union's member won't have a place to work.

  3. My kids play hockey on the North side and we have been very happy with the youth program. More Ice would create more opportunity for kids to pay this great sport. With 3 rinks that would also create more figure skating opportunities. What better gift to give your kids than a sport they will love!

  4. Naah, only Indy place fans were robbed of seeing Zanardi race. CART fans saw his amazing talents just about every weekend. And F1 fans saw him too. Zanardi didn't care he wasn't at Indy, neither do 99.18% of other race fans world wide. And CART fans are quite pleased of the domination of their drivers and owners have had at Indy, in the IRL, and in the current Indycar series....almost 99.18% of the time since 2000 Indy 500. I respect Zanardi, but his life goes on without Indy. Sucks to be you Capt.

  5. So let me get this right: gun permits online are fraud proof, but voting is as easy as 1-2-3.--But at least we agree that someone without a photo ID cannot be trusted with a gun.

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