Regional News

RV exec seeking new start in IndyRestricted Content

September 28, 2013
Dan Human
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
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Noblesville company taking on industry giants with healthier snacksRestricted Content

September 28, 2013
Andrea Muirragui Davis
The Darlington snack company for 30 years peddled sweet treats to large institutional users—think schools, hospitals and nursing homes. But growing concerns over America’s obesity epidemic have the small Noblesville company hanging its hopes on healthier fare: all-natural, whole-grain-rich snacks.
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Auction lands $2.1 million for Elona Biotech assets

September 27, 2013
 IBJ Staff
Elona went into receivership in June after Greenwood officials filed a foreclosure lawsuit against the firm. The company failed after receiving more than $8 million in economic development incentives from the city over the past three years.
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Aircraft paint shop at Grissom a boon for economy

September 27, 2013
Associated Press
The 150-employee facility is a godsend for Miami County, which lost a larger percentage of its residents between 1990 and 2000 than any other Indiana county.
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Company gains more support for Indiana power plant

September 25, 2013
Associated Press
Several officials of a central Indiana town where a $500 million power plant has been proposed say they were impressed with another of the company's plants during a trip to Texas.
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Nestle picks Anderson for $72M plant expansion

September 24, 2013
 IBJ Staff
Nestle USA plans to invest $72 million to add a seventh production line to its plant in Anderson, the beverage maker announced Tuesday.
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Landmark Indiana gym faces talk of possible closure

September 23, 2013
Associated Press
Muncie school board members are considering closing the 6,000-seat Muncie Fieldhouse to save money. The gymnasium turns 85 in December.
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Fishers plans new development on train-station site

September 21, 2013
Andrea Muirragui Davis
Incentive deals are on the table to keep two high-potential businesses in Fishers, and the town is poised to pull the trigger on redevelopment of the Fishers Train Station property—where one of the firms could occupy third-floor office space.
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GE dropped planned investment in Bloomington factory

September 20, 2013
Associated Press
A GE Appliances spokeswoman says a $161 million investment announced three years ago was never made at a southern Indiana refrigerator factory where 160 jobs are now being cut.
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Anderson leaders work to make most of gateways

September 20, 2013
Associated Press
A group of Anderson business and civic leaders is focusing on ways to change perceptions of those traveling into the city by improving interstate entrances.
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Central Indiana mayor traveling to Italy to lure business

September 20, 2013
Associated Press
Anderson Mayor Kevin Smith said he'll meet with executives from five manufacturing companies near the city of Milan during the trip that starts Saturday.
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West Clay commercial building set for sheriff’s sale

September 18, 2013
Scott Olson
The 24,400-square-foot building was owned by CFS Inc., a Carmel company accused by the Indiana Secretary of State's securities division of misappropriating the funds of elderly clients who bought ownership interests in rental properties.
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Kokomo hospital plans on cutting 50 jobs

September 17, 2013
Associated Press
Community Howard Regional Health said it will reduce its current workforce by 50 positions over the next few weeks.
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Noblesville to developers: Pay fee, cut open space near parks

September 14, 2013
Andrea Muirragui Davis
Common Council members this month approved changes in the city’s land-use law that will allow residential developers within a half-mile of public parks to set aside less property as open space—for a price.
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Residents protest proposed central Indiana power plant

September 12, 2013
Associated Press
Dozens of people packed a Morristown council meeting to speak out against an energy company's proposal to build a $500 million power plant.
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Two Monroe County employers lay off 205 workers

September 9, 2013
Associated Press
GE Appliances said Monday it will eliminate 160 jobs from its Bloomington plant because demand for its side-by-side refrigerators has fallen by more than 30 percent since 2010. Meanwhile, Ellettsville telecommunications company Smithville is cutting 45 full-time employees
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Opening set for new West Lafayette bypass

September 9, 2013
Associated Press
The four-lane roadway cost $45 million and follows a 5.3-mile route around the south and west sides of the city.
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Mission shift at Camp Atterbury to trigger 207 layoffs

September 9, 2013
 IBJ Staff and Associated Press
The layoffs at the end of September will come as the base transitions from a mobilization site for U.S. troops to a mission focusing more on training.
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Indianapolis suburbs connecting the dots with trailsRestricted Content

September 7, 2013
Andrea Muirragui Davis
About 500 miles of trails already cut through Hamilton and Boone counties—including 125-plus miles in Carmel—and countless more are on the drawing board as suburban leaders strive to appeal to residents who want connected, walkable communities.
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Proposed power plant divides small Shelby County town

September 5, 2013
Associated Press
Residents in Morristown are rallying against a proposed $500 million power plant they fear will harm the quiet agricultural community.
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Greenwood biotech firm's assets to hit auction block

September 3, 2013
 IBJ Staff
The remnants of ill-fated Elona Biotechnologies Inc. will be auctioned on Sept. 27, presenting a rare turnkey opportunity for entrepreneurs interested in jumping into the life sciences industry.
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Small radio stations find success with intensely local strategyRestricted Content

August 31, 2013
Chris O'Malley
Small Indiana-based radio broadcasters are surviving, and in some cases thriving, despite tough times for radio and years of consolidation that put stations in larger cities into hands of national heavyweights.
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Daniels' push to cut costs, create metrics faces skepticism at PurdueRestricted Content

August 31, 2013
J.K. Wall
The former governor wants to change the rules of higher education. But first he must convince skeptical professors that his plans aren’t just politics, but actually good for Purdue.
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Wal-Mart steps up grocery ambitionsRestricted Content

August 31, 2013
Scott Olson
The Indianapolis grocery market is about to become even more competitive, as discount giant Wal-Mart embarks on a strategy to offer consumers a store design much cozier than its cavernous supercenters.
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Omnicity lured teen to invest, state saysRestricted Content

August 31, 2013
Chris O'Malley
State securities regulators allege that principals of Omnicity Corp. goaded a 19-year-old to invest $100,000 from his inheritance into the wireless broadband firm so that it could clinch the purchase of an Ohio carrier in 2010.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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