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Shelby County
Bill would give green light to live table games at racinos
January 19, 2013
Kathleen McLaughlinA wide-ranging gambling bill designed to protect Indiana casinos from border-state competition would allow live table games
at two central Indiana racinos.
MoreMayors organize to tackle regional issues
January 5, 2013
Kathleen McLaughlinThe leaders of 18 central Indiana cities and towns have formed a group that intends to address regional concerns, starting
with a proposed $1.3 billion, 10-year mass transit plan.
MoreIndiana Grand Casino owners accept bid from Centaur
September 18, 2012
Kathleen McLaughlin, Associated PressCentral Indiana’s two racetrack-casinos may consolidate under a single owner after Indianapolis-based Centaur Holdings
LLC submitted a winning bid of at least $500 million for Indiana Grand Casino in Shelbyville.
MoreAuto parts manufacturer plans plant, 47 jobs in Shelbyville
September 11, 2012
Faeza Alloyers USA, a metal alloys manufacturer and fabricator, said it will invest nearly $7.6 million to construct and equip
a 36,000-square-foot facility in Shelbyville, its first in the United States for the Mexico-based company.
MoreShelbyville factory in trouble again, faces record IOSHA fines
August 23, 2012
Dan HumanPilkington North America faces $453,000 in proposed penalties after state inspectors detected 29 new safety violations at
the plant, according to agency documents.
MoreViolations persist after fatality at Shelbyville glass factory
August 18, 2012
Dan HumanA Shelbyville glass factory has had almost two years to address safety violations resulting from a worker’s death, but
the state says the plant still has a lot of the same problems. Pilkington North America faces $150,000 in fines after an Indiana
Occupational Safety and Health Administration inspection in March and April.
MoreSix banks that owe Treasury walk TARP tightrope
July 21, 2012
Kathleen McLaughlinSix of the 17 Indiana banks that relied on the federal government to shore up their balance sheets in the recession have yet
to repay, and the U.S. Treasury isn’t going to wait forever.
MoreManufacturer growing Shelby County plant
July 13, 2012
IBJ StaffCalifornia-based manufacturer DrillingWorld plans to expand its operations in Shelbyville, adding as many as 30 jobs by 2015.
MorePurchase offers fail to satisfy creditors of Shelbyville casino
June 16, 2012
Owner of Indiana Grand Casino plans to proceed with recapitalization plan instead.
MoreState, utility plan cleanup of long-closed gas plant
May 29, 2012
Associated PressIndiana's environmental agency and Duke Energy Corp. are moving ahead with the cleanup of a long-closed manufactured-gas
plant in Shelbyville.
MoreIndiana Live parent seeks Chapter 11 loan extension
March 15, 2012
Bloomberg NewsIndianapolis Downs LLC, parent company of Indiana Live horserace track and casino in Shelbyville, wants lenders to grant a
one-year extension of financing for the Chapter 11 reorganization that otherwise would expire in April.
MoreIndiana Live receives offer from Hoosier Park owner
February 25, 2012
Kathleen McLaughlinIndiana Live is receiving overtures from potential buyers, including the owner of local competitor Hoosier Park & Casino,
its parent company said in a recent bankruptcy court filing.
MoreIndiana Live asks court for $23 million tax refund
December 10, 2011
IBJ StaffBankrupt racetrack and casino asks for help recovering money from Indiana Department of Revenue.
MoreShelbyville's SCB Bank scrambles for capital
November 19, 2011
Francesca JaroszA Shelbyville-based bank appears to have missed a federally mandated deadline for boosting its capital levels, a failure that
might put it at risk of government takeover.
MoreIndiana Live to get federal hearing on tax matter
September 10, 2011
IBJ StaffShelbyville racetrack and casino could save millions if it successfully contests the way Indiana interprets state tax law.
MoreInventor on quest to bring medical device to market
August 13, 2011
Chris O'MalleyLicensed practical nurse Nic Davis invented a device to kill and prevent the introduction of microorganisms that collect at
catheter ports.
MoreIndiana Downs owner halts lawsuit amid bankruptcy
May 18, 2011
Bloomberg NewsCordish Cos., a real-estate developer trying to build a casino near Baltimore, must temporarily halt a defamation lawsuit
against the chief executive officer of Shelbyville casino owner Indianapolis Downs LLC, a federal judge said Tuesday.
MoreShelbyville uses new incubator to lure tech firm Tyros
April 16, 2011
Anthony SchoettleA company that will soon become Shelbyville’s newest corporate resident has a nifty, high-tech idea to help schools,
leagues and sports associations connect with sports referees and officials.
MoreEx-manager files $600M suit against Indiana Live owners, others
February 21, 2011
Scott OlsonMaryland-based Cordish Cos. says the casino owners withheld $8.4 million in payments and conspired with other groups trying
to sabotage its plans for a Maryland gambling facility.
MoreCountertop maker to close Shelbyville plant
February 21, 2011
IBJ StaffIowa-based VT Industries will close its countertop manufacturing plant in Shelbyville and move the work to a new facility
in Maryland, the company said Friday.
MoreMarsh in Shelbyville among latest stores to close
January 5, 2011
Scott OlsonThe supermarket chain has closed a store in Rushville and will shut others in Shelbyville and Connersville by the end of February.
The closures will leave Marsh with 97 stores, about half of which are in Indianapolis.
MoreIndiana Live owners miss interest payment
November 4, 2010
IBJ Staff and Bloomberg NewsThe owners of Indiana Live racetrack and casino failed to make an interest payment due Nov. 1 on $375 million in debt, providing
additional fodder for credit analysts already worried about its financial condition.
MoreIndiana Live swamped by debt, faces potential default
October 16, 2010
Francesca JaroszOwners of the Indiana Live racetrack and casino face an interest payment on the lion’s share of their $544 million in
debt next month, as credit analysts continue fretting about the company’s ability to pay its bills.
MoreStanley moving production to new Greenfield plant
October 1, 2010
Andrea Muirragui DavisConnecticut-based Stanley Black & Decker Inc. plans to combine two of its manufacturing operations at a new facility in
Greenfield, transferring about 100 workers from Shelbyville and adding as many as 80 jobs in the next two years.
MoreIndiana Downs cancels horse races after complaints
August 4, 2010
IBJ Staff and Associated PressThe Shelbyville track's final race on Monday was canceled after a horse pulled up lame and was later euthanized. The track
canceled its full card of Tuesday races.
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Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.