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Bioanalytical Systems' CEO announces retirement

January 28, 2010
Peter Schnitzler
Struggling West Lafayette life science contract research firm will search nationally for a new permanent leader.
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Toyota suspending production at two Indiana plants

January 27, 2010
 IBJ Staff and Associated Press
Toyota is halting production at six North American car-assembly plants—including Indiana facilities in Princeton and Lafayette—beginning the week of Feb. 1 to fix gas pedals that could stick and cause acceleration without warning.
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Nature Conservancy buys 282 acres from Girl Scouts

January 16, 2010
 IBJ Staff
The land in Brown County will be turned over to the Indiana Division of Forestry.
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Connersville to borrow $3.5 million to clean up Visteon site

December 22, 2009
Kathleen McLaughlin
The city of Connersville will borrow as much as $3.5 million to clean up the former Visteon site where a startup company wants to build police cars.
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Bloomington panel won't support chain-store ban

December 9, 2009
 IBJ Staff and Associated Press
A task force appointed by Bloomington's mayor will instead look at other options for protecting the small-town character of the city's downtown from standardized chain stores and eateries.
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Trailer maker plans to add 100 jobs in Peru

December 2, 2009
 IBJ Staff
Peru recreational vehicle maker Riverside Travel Trailer Inc. will expand its Miami County operations, creating 100 new jobs by 2011, the Indiana Economic Development Corp. announced Wednesday morning.
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Horizon Wind Energy opens its first Indiana wind farm

November 21, 2009
 IBJ Staff
At full tilt, the units of Meadow Lake I Wind Farm in Brookston can generate about 200 megawatts, enough to power 60,000 average size homes in a year.
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Bloomington chamber weighs in on chain-store ban

November 4, 2009
Kathleen McLaughlin
The Greater Bloomington Chamber of Commerce is opposing Mayor Mark Kruzan’s proposal to restrict chain stores and restaurants downtown.
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Cummins reports plunge in profit, revenue

October 30, 2009
 IBJ Staff
Cummins Inc. said profit for its fiscal third quarter fell 59 percent and sales dropped by 31 percent compared to the same period last year, though the company said its profitability and cash position improved from the second quarter.
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First Financial gets sweet deal on Irwin Financial's bank assetsRestricted Content

October 24, 2009
Greg Andrews
It’s good to be among the favored few, those blessed by the Federal Deposit Insurance Corp. to scoop up the remnants of failed banks. Because it was on the FDIC list of approved buyers, Cincinnati-based First Financial Bancorp was able to acquire Columbus, Ind.-based Irwin Financial Corp.’s banking operations under terms that would make any deal-maker proud.
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Public transportation entities in Indianapolis region might be reorganizedRestricted Content

October 24, 2009
Chris O'Malley
The Central Indiana Regional Transportation Authority, IndyGo and other Indianapolis-area transit groups are the subject of a study that could result in them being reorganized.
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Gas City dealer offers electric versions of Cadillacs, HummersRestricted Content

October 24, 2009
Chris O'Malley
Of all the inappropriate postmarks for the largest distributor of plug-in electric vehicles in Indiana, Gas City, about an hour north of Indianapolis, takes the prize. But Steve Mitchell, proprietor of Electric Cars and Carts, figures he’s in the right place as far as business prospects go. Despite a stalled economy, Mitchell’s electric vehicle sales are up 35 percent over the same month last year.
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Bloomington mayor to roll out chain-store ordinance for downtown

October 17, 2009
Kathleen McLaughlin
Bloomington Mayor Mark Kruzan believes this beloved college town loses a bit of its identity every time a national chain sets up shop.
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SEC fines former CFO of American Commercial Lines

October 3, 2009
 IBJ Staff
Christopher A. Black, a former investment banker in Indianapolis and former chief financial officer of Jeffersonville-based river barge transportation firm American Commercial Lines Inc., has agreed to pay a $25,000 fine to settle a Securities and Exchange Commission investigation.
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Irwin Financial admits outlook dire

September 16, 2009
Greg Andrews
Shares of Irwin Financial Corp. plummeted this morning after the banking company disclosed that regulators have ordered it to bolster its capital by the end of the month to levels "it has no realistic prospect of achieving."
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Nucor Steel struggling to strike new power deal with Duke Energy

September 12, 2009
Chris O'Malley
After two years of fruitless negotiations, the Crawfordsville steel mill has asked the Indiana Utility Regulatory Commission to intervene. More than 700 jobs depend on Nucor and Duke striking a deal.
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Delaware County joins Central Indiana Regional Transportation Authority

September 5, 2009
 IBJ Staff
Delaware County’s representative on the CIRTA board will be Marta Moody, executive director of the Delaware-Muncie Plan Commission.
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Delaware County latest to join public-transportation group

August 31, 2009
 IBJ Staff
Delaware County has become the 10th county to join the Central Indiana Regional Transportation Authority, the quasi-governmental organization announced today.
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Cummins moving some operations to Mexico

August 25, 2009
 IBJ Staff
A filtration division of Columbus-based Cummins Inc. will move a large portion of its North American assembly operations to a plant in Mexico to keep the business competitive, the company said today.
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Carbon Motors files for $310 million loan

August 13, 2009
 IBJ Staff
Carbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
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Beverage firm to open Columbus plant

August 12, 2009
 IBJ Staff
Tipton Mills, a New York specialty beverage company, announced today it will locate a  plant in Columbus, Ind., creating more than 40 jobs.
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Muncie manufacturer Duffy calling it quits

July 30, 2009
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result of the closure, Duffy said in its July 27 filing.
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UPDATE: Carbon Motors chooses Indiana

July 29, 2009
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
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Carbon Motors has chosen Indiana, official says

July 29, 2009
Scott Olson
A rally this morning in Connersville originally intended to help persuade a police car manufacturer to locate a major factory there appears to be a celebration party.
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Boomtown on hold: Recession delays Honda's full impact on GreensburgRestricted Content

June 22, 2009
Kathleen McLaughlin
Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development remains scarce. But local officials remain optimistic about Honda's long-term impact.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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