Regional News

Precision Cutoff closing Franklin metal-tube plant

October 4, 2012
Dan Human
The Franklin metal-tube factory with 39 employees plans to close early next year, less than five years the $2 million plant opened.
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Rail line being revived between Indiana cities

October 2, 2012
Associated Press
The $5.5 million rail line project will return tracks between Kokomo and Tipton into service.
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Local pilot turns aerobatics into satisfying 'jobby'Restricted Content

September 29, 2012
Ellen Kobe
Billy Werth's passion for flying has landed him two jobs that pay the bills--as commercial pilot with Chautauqua Airlines and a major in the Air Force Reserves at Grissom Air Reserve Base in Peru. His third job is just for fun. Since 2006, Werth has owned an acrobatic flying company called Grayout Aerosports.
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Vincennes logistics program gets box of money from federal governmentRestricted Content

September 29, 2012
 IBJ Staff
$2.9 million grant will be used to bulk up logistics training and education center in Plainfield.
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Fishers debates whether to remain a town or become a cityRestricted Content

September 29, 2012
 IBJ Staff
Voters will be faced with three options for how the town will be governed in the future.
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Tutwiler auto dealership closes after 48 years

September 25, 2012
Scott Olson
Tutwiler Automotive had long been known as Tutwiler Cadillac before changing its name two years ago when its General Motors franchise agreement expired. The dealership closed Saturday.
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Fishers Marketplace gets new life under Thompson Thrift

September 25, 2012
Tom Harton
A high-end apartment project and neighborhood retail center are scheduled to break ground soon as the first components of the retooled Fishers Marketplace development at State Road 37 and 131st Street.
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State decides not to open Kokomo bypass early

September 24, 2012
Associated Press
State highway officials had considered opening a four-mile stretch of a U.S. 31 bypass around Kokomo this fall, but now they say motorists won't be able to drive on the road until next year.
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Future of Fishers campaign focuses on ballot questionsRestricted Content

September 22, 2012
Public meetings offer residents opportunity to learn about potential change in northeast-side town's form of government.
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Wal-Mart again attempting to build in Zionsville

September 20, 2012
Scott Olson
Wal-Mart Stores Inc. has filed new plans to build a store along Michigan Road in Zionsville, six years after the town rebuffed its original proposal that drew the ire of local residents and merchants.
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Carmel theater group pleads for cash to stay afloat

September 19, 2012
Kathleen McLaughlin
While awaiting word on a possible $75,000 grant from the city of Carmel, Actors Theatre of Indiana made a plea for emergency donations Wednesday afternoon.
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Local services firm plans expansion, up to 100 jobs

September 18, 2012
 IBJ Staff
Business services firm First Advantage said Tuesday that it plans to move its operational headquarters from St. Petersburg, Fla., to its local offices in Fishers, creating up to 100 jobs in the process.
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Indiana Grand Casino owners accept bid from Centaur

September 18, 2012
Kathleen McLaughlin, Associated Press
Central Indiana’s two racetrack-casinos may consolidate under a single owner after Indianapolis-based Centaur Holdings LLC submitted a winning bid of at least $500 million for Indiana Grand Casino in Shelbyville.
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Ambrose jumping into Plainfield industrial market

September 18, 2012
Tom Harton
Fast-growing Ambrose Property Group plans to develop a $12 million warehouse building on a site in Plainfield that it acquired last month from the FDIC.
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Tippecanoe Co. to put crime info at public's fingertips

September 16, 2012
Associated Press
Crime activity and information on people taken to jail or being released will soon be available to the public through a new app being developed for the Tippecanoe County sheriff's office.
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Feds to fund bus between Indianapolis, Plainfield businessesRestricted Content

September 15, 2012
The three-year service will take riders to Amazon, BrightPoint, Ryder and other big west-side employers.
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Greenwood shoots for upscale I-65 interchangeRestricted Content

September 15, 2012
Chris O'Malley
Greenwood’s leaders plan to be discriminating about what can be built near a new Interstate 65 interchange at Worthsville Road, slated for construction in 2014.
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Indiana biz leaders race to fund presidential campaignsRestricted Content

September 15, 2012
Kathleen McLaughlin
Mitt Romney, the Republican presidential nominee, has raised $2.27 million in large gifts from Hoosiers, twice as much as President Barack Obama, according to federal campaign-finance data through June 30.
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Carmel council seeks oversight of redevelopment expenses

September 14, 2012
Kathleen McLaughlin
Carmel City Council members want further control of the redevelopment commission that carries out Mayor Jim Brainard’s vision for downtown, and Brainard said Friday morning that he won’t oppose the plan.
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Game maker Fundex files for bankruptcy reorganization

September 11, 2012
Scott Olson
The once high-flying Fundex is seeking to reorganize under the protection of bankruptcy as the lawsuits against the Plainfield-based company continue to pile up. Fundex lists assets of nearly $1.5 million and liabilities of $8.9 million.
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Auto parts manufacturer plans plant, 47 jobs in Shelbyville

September 11, 2012
Faeza Alloyers USA, a metal alloys manufacturer and fabricator, said it will invest nearly $7.6 million to construct and equip a 36,000-square-foot facility in Shelbyville, its first in the United States for the Mexico-based company.
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Bloomington docs still feuding with Anthem

September 10, 2012
J.K. Wall
A large physician practice in Bloomington remains at an impasse with Anthem Blue Cross and Blue Shield of Indiana less than two months before their contract is set to expire.
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Growing ENT market attracts Cook

September 10, 2012
J.K. Wall
Bloomington-based Cook Medical announced a new division to capitalize on the growing market for minimally invasive procedures to fix problems in ears, noses and throats, as well as other maladies of the head and neck.
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Solar panel maker Abound to auction off assets

September 10, 2012
 IBJ Staff and Bloomberg News
Abound Solar Inc., the bankrupt solar-panel maker that had hoped to hire up to 1,200 people in Indiana by the end of next year, will have its assets sold at auctions this month and in October.
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Food manufacturer plans $28.5M project, 400 jobs in Indiana

September 10, 2012
Scott Olson
An Ohio-based food manufacturer announced Monday morning that it plans to spend $28.5 million to expand a vacant food plant in eastern Indiana, creating up to 400 jobs by 2016. The plant was formerly used by Really Cool Foods.
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  1. First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.

  2. My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.

  3. That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.

  4. TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.

  5. The Prestige was an awesome movie.

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