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News & Analysis
Subaru to invest $400M in Lafayette plant, hire 900
May 8, 2013
IBJ Staff, Associated PressThe Japanese car maker already employs about 3,600 people at the plant and builds the Legacy and Outback cars and the Tribeca
SUV. With the new investment, it will boost capacity by 100,000 cars and begin making the Impreza.
MorePence readies 1st vetoes as Indiana governor
May 8, 2013
Associated PressPence has expressed concern with a measure shifting power from the Indianapolis City-County Council to Mayor Greg Ballard
and with a plan for a $100 million loan to the Indianapolis Motor Speedway.
MoreHamilton County voters approve school referendums
May 7, 2013
IBJ StaffA $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville
High School were approved by voters Tuesday.
MoreReview finds no conflict in state's deal with Mainstreet
May 7, 2013
IBJ Staff and Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based
economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
MoreSubaru planning major expansion in Indiana
May 7, 2013
IBJ Staff and Associated PressSubaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed
on the matter says.
MoreInteractive Intelligence shares soar after forecast upgrade
May 7, 2013
Dan HumanThe tech firm's shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter
lifted its stock as much as 20 percent Tuesday.
MorePence signs sentencing, IEDC-transparency bills
May 7, 2013
Associated PressIndiana Gov. Mike Pence signed three bills into law Tuesday, one involving government transparency in economic development
deals, one related to school safety and another overhauling criminal sentencing.
MoreCentral Indiana county not blocking wind farm plans
May 7, 2013
Associated PressDelaware County commissioners decided Monday that they won't take immediate action on a moratorium to block a proposed wind
farm.
MoreGovernor taps ex-WellPoint CEO Braly for IEDC board
May 7, 2013
J.K. WallThe appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the
Indianapolis-based health insurer in August.
MoreArt imitates life in commercial based on Kosene family
May 7, 2013
Chris O'MalleyFormer Indianapolis filmmaker Alex Kosene bases the story in a local advertising shoot for a Swiss watchmaker on his relationship
with his developer dad.
MoreBrowning exec Dye joining The Whitsett Group
May 7, 2013
Scott OlsonDennis Dye will become a partner at Whitsett, a prolific developer of affordable housing. He has served two stints at Browning
totaling about 20 years.
MoreIndiana farmers still far behind planting corn crop
May 7, 2013
Associated PressThe federal government's weekly crop report says 8 percent of the Indiana corn crop was planted as of Sunday, well behind
the 82 percent planted by the same time last year.
MoreIndiana firms lose ground on Fortune 500 list
May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
MoreInteractive Intelligence sees higher profit on more orders
May 6, 2013
IBJ StaffInteractive Intelligence Group Inc. saw earnings jump to $1.46 million in the first quarter as sales orders rose 31 percent.
MoreJudge grants class status to lawsuit against BMV
May 6, 2013
Associated PressAs many as 4 million Indiana drivers could become plaintiffs in a lawsuit alleging the Indiana Bureau of Motor Vehicles has
overcharged for driver's licenses since 2007.
MoreLilly CEO to step down temporarily due to surgery
May 6, 2013
J.K. WallJohn Lechleiter has been suffering from a dilated aorta, Eli Lilly and Co. said Monday. Current CFO Derica Rice will take
his place until later this summer.
MoreBiosciences institute aims for $300M endowment
May 6, 2013
J.K. WallThe effort to launch the Indiana Biosciences Research Institute got $25 million from the Legislature, but the life sciences
institutions backing the effort have set their funding sights much higher.
MoreLilly's sales-force restructuring to affect 1,600-plus
May 6, 2013
J.K. WallLilly will eliminate 1,624 positions from its U.S. sales force in July, according to a notice the company made to state officials.
But some of those workers may be rehired by the firm.
MoreDeveloper shelves plan to buy city land, build Meijer
May 6, 2013
Scott OlsonOpus Development Corp.'s proposal for the project north of downtown included buying and bulldozing dozens of historic homes
in the Flanner House neighborhood.
MoreIndiana Amtrak riders suggest more frequent trains
May 6, 2013
Associated PressState officials are studying the estimated $4 million to $5 million a year it might cost to continue Amtrak's Hoosier State
service between Indianapolis and Chicago.
MoreLilly taking hard look at Pfizer's new Viagra strategy
May 6, 2013
Associated PressMajor drugmakers, including Indianapolis-based Eli Lilly and Co., are closely watching Pfizer Inc.'s plan to sell Viagra directly
to consumers. The bold move blows up the drug industry's distribution model.
MoreParking competition prompts new airport plan
May 6, 2013
Kathleen McLaughlinIndianapolis International Airport has dubbed its parking brand "ParkIND" and will use it to promote new features
and discounts.
MoreISTEP troubles show test considered too big to fail
May 5, 2013
Associated PressBeyond the obvious and critical role it plays in determining how children advance in school, the test has more recently become
a barometer for whether teachers get pay increases and whether schools are making the grade.
MoreFormer Gov. Bowen dies
May 5, 2013
Associated PressOtis R. Bowen, a small-town family doctor who overhauled Indiana's tax system as governor before helping promote safe
sex practices in the early years of AIDS as the top federal health official under President Ronald Reagan, died Saturday.
He was 95.
MoreLocal enrollment for culinary schools rising
May 4, 2013
Anthony SchoettleThe surprising growth corresponds with the recent expansion of the Indiana Convention Center, and an explosion in the popularity
of The Food Network and chef-centric programming. But don't expect to make a mint.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.