Regional News

Westfield votes to approve $91M water utility sale

November 5, 2012
 IBJ Staff
The Westfield City Council voted 6-1 Monday night to transfer its water and wastewater assets to Citizens Energy Group for $91 million.
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Dry cleaners' solvents taint Martinsville's waterRestricted Content

November 3, 2012
Chris O'Malley
The U.S. Environmental Protection Agency recently proposed placing the city of Martinsville on its Superfund priority list, citing groundwater contamination traced to several former dry cleaning shops in the heart of town.
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Purdue researcher harbors high hopes for new ventureRestricted Content

November 3, 2012
Scott Olson
Pete Kissinger hopes Phlebotics will follow in the footsteps of another of his creations, Bioanalytical Systems Inc.
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INSIDE DISH: Carmel eatery unafraid to break a few eggs, rules

November 2, 2012
Mason King
Dish_Eggshell
                           bistro_watch_videoRestaurateur Larry Hanes stuck to his guns in creating Eggshell Bistro, bending conventions with eclectic decor, artisanal coffees, and a simple menu with restrained portions.
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Anderson reduces cuts to fire, police departments

October 30, 2012
Associated Press
The Anderson City Council voted 8-1 Monday night to approve a 2013 budget that cuts nine firefighter and three police officer positions. That's down from the 29 total jobs in those departments that Mayor Kevin Smith initially proposed.
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Diamond Foods closing Fishers plant with 100 employees

October 30, 2012
Scott Olson
The maker of snack foods such as Pop Secret popcorn and Emerald nuts said it will close its Fishers plant, which it purchased in 2006 from Harmony Foods Corp., on Jan. 31.
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Church caught up in nightmare after life insurance scheme soursRestricted Content

October 27, 2012
Kathleen McLaughlin
The Lindberg Road Church of Christ in Anderson has filed for bankruptcy protection because of a failed plan to finance construction on its properties. The plan involved buying life insurance on elderly members, with the intent to sell the policies later on the secondary market.
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Indiana manufacturers see momentum vanishRestricted Content

October 27, 2012
Dan Human
The state lost an estimated 1,400 manufacturing jobs in September, the U.S. Bureau of Labor Statistics reported, and a wave of layoff announcements in recent weeks suggests steeper declines are coming in the year’s final quarter.
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Report tallies local government debt loadsRestricted Content

October 27, 2012
Kathleen McLaughlin
A new reporting requirement on local governments gives taxpayers unprecedented access to debt information, but the data is also likely to raise many questions.
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Judge: Anderson can lay off firefighters

October 24, 2012
Associated Press
Circuit Judge Dennis Carroll said in a 27-page ruling Tuesday said that Indiana law gives municipalities the right to lay off employees because of economic conditions.
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Wisconsin firm consolidates into Plainfield, plans 50 new jobs

October 24, 2012
 IBJ Staff
Regal Beloit Corp. said it plans to move operations from multiple Midwestern warehouses into a new, 376,000-square-foot warehouse in Browning Investments' and Duke Realty Corp.'s AllPoints Midwest industrial park.
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Filtration manufacturer moving from Fishers to Anderson

October 23, 2012
Associated Press
Hy-Pro Filtration plans a $10.5 million construction project for its new facility and will move more than 100 employees from Fishers to Anderson next year.
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Airport’s ground game fueling tensionsRestricted Content

October 20, 2012
Chris O'Malley
The Indianapolis Airport Authority’s aggressive effort to stop an Ohio firm from building a parking facility beyond airport boundaries has neighbors worrying the municipality will unleash its lawyers on virtually any nearby business deemed a threat to airport revenue.
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University endowments are digging out of deep holeRestricted Content

October 20, 2012
Dan Human
Indiana college endowments have surged back since the recession, but three-quarters closed the 2011 fiscal year below where they were when the market crashed.
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Startup answers call for better phone bankRestricted Content

October 20, 2012
Andrea Muirragui Davis
Noblesville-based VolunteerYourVoice is setting out to revolutionize phone banks with a Web app that allows advocacy groups to manage virtual campaigns, getting instant results from calls volunteers make through their home computers.
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City or town? Confusing ballot to determine fate of Fishers

October 17, 2012
Cory Schouten
A group of Fishers residents is crying foul over questions on the November ballot that will determine whether Fishers remains a town, becomes a "reorganized" city with a council and city manager, or a traditional city with an elected mayor.
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Honda hopes 2013 Civic restores model's lusterRestricted Content

October 13, 2012
Dan Human
The next model of the Honda Civic, due out by year-end, may need hefty changes to silence critics and ensure the company’s 2,000-employee Greensburg factory has strong demand for its signature vehicle for years to come.
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Communications firm Metronet plants flag in Indy areaRestricted Content

October 13, 2012
 IBJ Staff
The Evansville company plans to install more than 200 miles of fiber-optic lines in Franklin.
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Indiana Rail Road plans to speed up trains, and traffic, in BloomingtonRestricted Content

October 13, 2012
 IBJ Staff
Track and crossing upgrades will allow Hoosier transportation company to reduce wait times for cars.
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GOP aims to bolster legislative firepowerRestricted Content

October 13, 2012
Kathleen McLaughlin
Indiana Republicans expect to rule the Statehouse again in 2013, and the only question to be answered Nov. 6 is the extent of their majority.
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IU’s tech chief using university's clout to save millions on softwareRestricted Content

October 13, 2012
J.K. Wall
Universities are the hubs of the world’s knowledge economy, but they typically aren’t the smartest business operators in the world. Brad Wheeler, chief information officer at Indiana University in Bloomington, is working to change that.
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Toyota supplier plans 116 jobs in Hancock County

October 11, 2012
Japan-based Tsuda Industries Co. Ltd. plans to spend $56.2 million to build a facility at Mount Comfort Air Park East, which should create 116 jobs by 2016, the company said Thursday.
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Cummins shares slide on job cuts, lower forecast

October 10, 2012
Bloomberg News
Shares in Cummins Inc. saw their biggest one-day drop in three months Wednesday after the Columbus-based engine maker lowered its forecasts for revenue and profit and said it expects to cut as many as 1,500 jobs by the end of the year.
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Metro-area building permits rise in September

October 10, 2012
Home builders in the Indianapolis area filed 339 permits in September, bringing the total to 3,191 through the first nine months, an 11-percent increase from the same period last year.
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Local furniture maker acquires northern Indiana company

October 9, 2012
Facility Concepts Inc.'s purchase of Classico Seating in Peru, Ind., gives the manufacturer of restaurant furniture about 100 employees and 250,000 square feet of manufacturing space.
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