Government & Economic Development

Indiana closes year with $2.1B in cash reserves

July 12, 2012
Associated Press
Indiana's state government is sitting on cash reserves of $2.15 billion following a year of continued budget cuts and improved tax collections.
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CIB mulling sale of historic downtown building

July 10, 2012
Scott Olson
The Capital Improvement Board has owned the Ober building, at 107 S. Pennsylvania St. near Bankers Life Fieldhouse, since 1999. Members on Monday voted to begin soliciting bids.
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Dems attack Mourdock on Chrysler bankruptcy fight

July 9, 2012
Associated Press
Indiana Democrats attacked Republican Senate candidate Richard Mourdock on Monday for opposing the 2009 Chrysler bankruptcy, a position they see as his biggest weakness.
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IDI taps not-for-profit veteran to succeed Zahn

July 9, 2012
Scott Olson
Sherry Seiwert, executive director of the Indiana Housing and Community Development Authority, replaces longtime leader Tamara Zahn, who announced in February that she would leave once a successor was found.
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Council mulls axing applications' prior-conviction box

July 7, 2012
Kathleen McLaughlin
City-County Councilor Vop Osili thinks the city could level the job-seeking playing field for ex-offenders by eliminating the question of past convictions on job applications.
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Gubernatorial candidates agree to 3 debates across state

July 6, 2012
Associated Press
Republican Mike Pence, Democrat John Gregg and Libertarian Rupert Boneham are vying to succeed Republican Gov. Mitch Daniels, who is term-limited from seeking re-election in November.
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Daniels touts tax credit from $2B Indiana surplus

July 3, 2012
Associated Press
Indiana Gov. Mitch Daniels is touting state cash reserves he says will send an additional $100 to each Indiana taxpayer through automatic tax credits next year.
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Bus seat maker to start production in Indiana

July 3, 2012
Associated Press
A German company that makes passenger seats for buses and trains plans to start its first U.S. manufacturing facility in northern Indiana, creating up to 62 jobs.
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Indiana GOP loses big gun Daniels ahead of elections

July 1, 2012
Associated Press
One of the biggest surprises of the announcement that Gov. Mitch Daniels would take over as Purdue University president in January was his pledge to stop campaigning and commenting on politics until then.
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Indiana court ruling could affect mentally ill kids

July 1, 2012
Associated Press
A recent Indiana Court of Appeals opinion could affect how the state Department of Child Services obtains treatment for some children with mental illnesses or developmental disabilities.
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High court ruling could leave 290K Hoosiers uncovered

July 1, 2012
J.K. Wall
A decision by Indiana to leave its Medicaid program unchanged could leave as many as 290,000 Hoosier adults, who would have been newly eligible for Medicaid coverage, with no good options.
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State scrubs contractor-financing plan for U.S. 31Restricted Content

June 30, 2012
Chris O'Malley
INDOT still plans to complete project three years sooner with traditional financing.
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Indiana leads region in income growthRestricted Content

June 30, 2012
The first-quarter report from the Bureau of Labor Statistics put Indiana on par with national growth and ahead of surrounding states.
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Indiana sends Congress tab for illegal immigration

June 29, 2012
Associated Press
Indiana's budget director calculates illegal immigrants have cost Indiana $130.9 million.
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Daniels says legislators to decide Medicaid change

June 29, 2012
Associated Press
Indiana Gov. Mitch Daniels says he wants to make sure he understands the Supreme Court ruling upholding the health care law before deciding how the state will respond.
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High court health care decision good for some, not others

June 29, 2012
Associated Press
The Supreme Court's decision Thursday to uphold President Barack Obama's historic overhaul is expected to boost many players in the health care industry, but not every corner of the sector will benefit.
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Fed grant to help female Indiana ex-cons

June 29, 2012
Associated Press
An Indianapolis not-for-profit is receiving a $1.5 million federal grant to provide job training and support services to girls or women who formerly were incarcerated.
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High court ruling opens Medicaid escape hatch for states

June 28, 2012
J.K. Wall
While upholding President Obama’s health care law, the U.S. Supreme Court may have created a way out for states that do not want to expand their Medicaid programs. Whether Indiana decides to opt out remains to be seen.
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Commission to recommend more limits on local TIFs

June 28, 2012
Kathleen McLaughlin
A study commission on tax-increment financing will vote Thursday evening on a set of policy recommendations that would limit the use of TIF districts in Indianapolis.
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U.S. health-care overhaul upheld by Supreme Court

June 28, 2012
Bloomberg News
The U.S. Supreme Court has upheld the core of President Barack Obama’s health-care overhaul, preserving most of a law that would expand insurance to millions of people and transform an industry that makes up 18 percent of the nation’s economy.
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Pence wants moratorium on new business regulations

June 26, 2012
Associated Press
Mike Pence said that if elected governor, he'll issue an executive order against new regulations and ask his budget office to review existing rules to ensure they use the least-costly approach and aren't burdensome to job-creation efforts.
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Covance plans $150M expansion, 465 jobs in Greenfield

June 26, 2012
The New Jersey-based pharmaceutical research company is seeking state and local incentives as part of the expansion, which would include a new laboratory, set to be finished in 2016. Covance already employs 565 workers at the site.
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Haynes plans $23.5M expansion, 40 more jobs in Kokomo

June 26, 2012
Associated Press
Kokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where it makes specialty metal plates and sheets for the aerospace and other industries.
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American Legion challenges Indiana smoking ban

June 25, 2012
Associated Press
An American Legion post in northeastern Indiana has asked a federal judge to put a hold on a statewide smoking ban set to take effect Sunday.
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ACLU: Arizona ruling shows Indiana law is invalid

June 25, 2012
Associated Press
A lawyer who challenged Indiana's immigration law in federal court says the U.S. Supreme Court's decision blocking part of a similar law in Arizona shows the Indiana law is unconstitutional.
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  1. I am so impressed that the smoking ban FAILED in Kokomo! I might just move to your Awesome city!

  2. way to much breweries being built in indianapolis. its going to be saturated market, if not already. when is enough, enough??

  3. This house is a reminder of Hamilton County history. Its position near the interstate is significant to remember what Hamilton County was before the SUPERBROKERs, Navients, commercial parks, sprawling vinyl villages, and acres of concrete retail showed up. What's truly Wasteful is not reusing a structure that could still be useful. History isn't confined to parks and books.

  4. To compare Connor Prairie or the Zoo to a random old house is a big ridiculous. If it were any where near the level of significance there wouldn't be a major funding gap. Put a big billboard on I-69 funded by the tourism board for people to come visit this old house, and I doubt there would be any takers, since other than age there is no significance whatsoever. Clearly the tax payers of Fishers don't have a significant interest in this project, so PLEASE DON'T USE OUR VALUABLE MONEY. Government money is finite and needs to be utilized for the most efficient and productive purposes. This is far from that.

  5. I only tried it 2x and didn't think much of it both times. With the new apts plus a couple other of new developments on Guilford, I am surprised it didn't get more business. Plus you have a couple of subdivisions across the street from it. I hope Upland can keep it going. Good beer and food plus a neat environment and outdoor seating.

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