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Government & Economic Development
Franklin calls off deal to land brewery plant
September 17, 2010
Kathleen McLaughlinThe Franklin Redevelopment Commission decided Thursday to call off the deal because TailGate Beer of San Diego failed to respond
to a deadline to provide detailed financial information.
MoreFormer councilman indicted in strip club case
September 16, 2010
Francesca JaroszFederal officials on Thursday charged a former City-County Council member in an extortion scheme to use his official position
to grease the wheels for opening a strip club, taking $6,000 in exchange for the help.
MoreRepublicans: Force state to live within means
September 15, 2010
Associated PressHouse Minority Leader Brian Bosma, R-Indianapolis, said the state's next two-year budget doesn't have to be "honestly balanced,"
meaning the state could spend more than it takes in by dipping into reserves if the economy continues to sag.
MoreDaniels says no presidential pitch made at dinners
September 15, 2010
Associated PressIndiana Gov. Mitch Daniels said Wednesday he has hosted about a dozen dinners with top Republican fundraisers and business
and policy leaders, but never pitched himself as a potential presidential candidate.
MoreUPDATE: New tech jobs come with handsome wages
September 15, 2010
J.K. WallMobi Wireless expects to pay average wages of more than $50,000 to 253 new workers; Bostech Corp. expects to pay more than
$80,000 to 61 new employees.
MoreTech companies adding 314 jobs in Zionsville
September 15, 2010
Two tech companies located in Northwest Technology Center in Zionsville plan to invest $3.6 million and add 314 jobs over
the next four years, officials announced Wednesday morning.
MoreCommunity moves to integrate doctors
September 15, 2010
J.K. Wall
Community Health now has about 550 physicians, either on its payroll
or committed through integration contracts, who have some of their pay hinge on measures of quality and communication. CEO
Bryan Mills says the hospital system is looking to add even more.
City finance chief to leave post for state role
September 15, 2010
Francesca JaroszCity Controller David Reynolds, who started with the city when Mayor Greg Ballard took office in January 2008, has accepted
a job as senior fiscal analyst for the Indiana Senate's Republican majority caucus.
MoreSenate panel refuses to fund GE engine made by Rolls-Royce
September 14, 2010
IBJ Staff and Bloomberg NewsThe decision holds potential bad news for Indianapolis engine maker Rolls-Royce, which produces the engines. Rolls-Royce is
the region's second-largest manufacturer, behind Eli Lilly and Co., with about 4,300 local employees.
MoreLibrary slashes hours, to close main branch on Thursdays
September 14, 2010
A big reduction in hours is expected to save the Indianapolis-Marion County Public Library about $1.5 million next year, as
it grapples with a $4 million revenue shortfall.
MoreConseco Fieldhouse to get new video signage
September 14, 2010
Scott OlsonThe new "video ribbon," which could cost up to $1.6 million, will be paid for with funds from the Capital Improvement Board.
It will be installed around the entire upper fascia of the arena between the second and third levels.
MoreBrizzi controversies loom over prosecutor's race
September 13, 2010
Mary DieterDemocrat Terry Curry and Republican Mark Massa say restoring trust is job one for the next Marion County prosecutor.
MoreDowntown merchants want parking plan revoked
September 13, 2010
Francesca JaroszAbout 80 downtown business owners and employees have signed a petition urging Republican Mayor Greg Ballard's administration
to nix major plans to revamp metered parking in Indianapolis.
MoreIndianapolis' 'walkability' touted to convention planners
September 11, 2010
Scott OlsonCompact downtown is big selling point for sustainable-minded planners.
MoreState entrepreneurship drags despite wealth of resources
September 11, 2010
Norm HeikensWhat does Indiana have to show for the deluge of resources made available to would-be entrepreneurs in recent years—venture
capital, angel investors, incubators and the like? Judging by the number of people taking the plunge into business ownership,
not as much as might be expected.
MoreNew businesses follow the rooftops
September 11, 2010
Norm HeikensIndianapolis and surrounding counties have continued to show growth in the number of businesses during the recession.
MoreBeck's Superior Hybrids plans $24.5M expansion
September 10, 2010
IBJ StaffA Hamilton County seed company has plans to expand its facilities, creating as many as 72 jobs over the next five years, state
economic development officials said Friday morning.
MoreReport: State must cut spending, hike taxes or both
September 9, 2010
Francesca JaroszDwindling tax revenues will cause a projected $1.3 billion budget gap as the state enters its next budget, according a report
released Thursday by the Indiana Fiscal Policy Institute.
MoreControl of House key issue as election season revs up
September 7, 2010
Mary DieterOne hundred Indiana House seats are on the ballot—though many fewer are competitive—but their outcomes may affect
the state well beyond the two-year terms that the candidates seek.
MoreTraffic-signal maker flashing red over Indianapolis contract
September 4, 2010
Chris O'MalleyDomestic vendor who thought "buy American" provision would help it win contract loses out to Taiwanese supplier.
MoreIndiana's August revenue jumps 8.4 percent from year ago
September 3, 2010
Associated PressThe state Budget Agency reported Friday that Indiana collected $938 million in August. That's $51 million above the most recent
forecast, but still $2 million less than projected in the budget lawmakers passed in early 2009.
MoreNew jobless claims tick down slightly
September 2, 2010
Bloomberg NewsInitial jobless claims fell by 6,000, to 472,000, in the week ended Aug. 28, in line with the median forecast of economists
surveyed by Bloomberg News, Labor Department figures show.
MoreNew website pulls together state budget data
August 31, 2010
Associated PressThe state has a new transparency website that pulls together Indiana budget data, spending reports and other financial information
that had previously been spread across multiple sites.
MoreCIB approves 2011 budget
August 30, 2010
Scott OlsonIncluding debt obligations, the CIB's total budget for 2011 is expected to be $104.4 million. The City-County Council is set
to receive the budget at its Sept. 20 meeting and could approve it Oct. 25.
MoreCity parking agreement to receive first scrutiny
August 30, 2010
Indianapolis' Department of Public Works Board and its City-County Council Rules and Public Policy Committee both will meet
on Monday to consider the long-term deal. It would need approval from the City-County Council before taking effect.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.