July 17, 2010
Kathleen McLaughlinMillions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.
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June 17, 2010
John K. Branam was sentenced to 57 months in prison after pleading guilty to embezzling $1.6 million over four years from
King’s Title & Abstract Co.in Shelbyville.
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May 8, 2010
Kathleen McLaughlinOne of Shelby County's largest employers is suing NatCity Investments Inc. to try to recover nearly $8 million in losses on
auction-rate securities. Knauf Insulation filed suit in Shelby Superior Court in March, saying NatCity should repay the money
in accordance with a settlement the bank reached with federal regulators in March 2009.
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April 17, 2010
Norm Heikens
The specialized vehicle can read license plates, sniff for weapons of mass destruction and see people and animals in
the dark.
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April 8, 2010
Knauf Insulation will idle employees in June for at least six months, as demand for its building products remains soft.
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April 1, 2010
Federal prosecutors allege man embezzled $1.6 million from a title insurance company.
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February 5, 2010
Kathleen McLaughlinState officials are giving Shelbyville's struggling Intelliplex business park another chance to use tax incentives to land
new companies
and high-paying jobs.
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January 20, 2010
Knauf Insulation in Shelbyville appoints a company executive to its newly created position of CEO of North American operations.
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November 7, 2009
Chris O'MalleyCounties wanting to speed traffic among suburbs are building highways to avoid having to travel into Indianapolis. The result,
a 100-mile outer loop beyond Interstate 465, won't be completed for years, and it won't be built to consistent standards,
but it might help ease congestion.
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November 4, 2009
Shelbyville-based Blue River Bancshares Inc. on Tuesday night said mounting loan losses contributed to a third-quarter loss
of $356,000.
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October 24, 2009
Chris O'MalleyThe 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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September 26, 2009
Kathleen McLaughlinThe motorcycle manufacturer is considering a Shelby County site at the same time that it's pushing for concessions from the
union in York, Pa.
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September 1, 2009
IBJ StaffCentral Indiana’s chances for landing a Harley-Davidson motorcycle plant have been improved by the elimination of Kansas
City from the list of potential sites.
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August 29, 2009
Kathleen McLaughlinDespite recent investment by Major Health Partners, Shelbyville’s technology park is about as far from meeting state
standards as it was two years ago.
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August 24, 2009
Scott OlsonIndiana’s share of tax money generated by the state’s 13 casinos is expected to remain relatively flat for at
least the next few years, a state fiscal analyst told Gaming Study Committee members this morning.
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August 24, 2009
IBJ StaffMillerWhite LLC, an Indianapolis-based marketing and communications firm, recently signed a deal to produce
a new logo, tag line and Web site for the Shelby County Development Corp., a Shelbyville-based economic development organization.
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August 20, 2009
Milwaukee-based Harley-Davidson Inc. is considering Shelby County as the site for a massive new motorcycle plant.
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August 20, 2009
IBJ StaffHarley-Davidson Inc. officials were in Shelby County yesterday assessing it as a location for a new motorcycle plant, but
it isn’t yet clear how the county stacks up to other U.S. locales that also are in the running for the economic-development
prize.
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July 6, 2009
Peter SchnitzlerIndiana's struggling gambling industry didn't get the relief it sought during the special session of the Indiana General Assembly.
But embedded within the budget bill approved June 30 is a provision creating a gambling summer study committee. Its recommendations,
due by Dec. 1, may make or break several of Indiana's casinos.
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April 20, 2009
Kathleen McLaughlinWith a town government behind them, Fairland-area residents hope any future growth will be to their benefit.
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March 23, 2009
Bruce HetrickHoosiers workersincluding those who work at casinosdeserve a healthy, smoke-free workplace.
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December 15, 2008
Knauf Insulation is cutting 11 percent of its work force in Shelbyville as the recession prolongs the housing downturn that
began two years ago.
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November 17, 2008
Because major employers in Shelby County have laid off workers, Major Hospital isn't getting as much income from employer-based
medical insurance plans.
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June 2, 2008
Peter SchnitzlerThe next few weeks will be critical for the state's two new racinos, which need to open with a splash to meet their ambitious
projections of drawing more than 3 million visitors apiece annually. Hoosier Park in Anderson will open June 2, and Indiana
Downs in Shelbyville will follow a week later.
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May 14, 2007
Peter SchnitzlerDuring their first half-decade in operation, the state's casino slots machines grew their total sales to $22 billion,
according to Indiana Gaming Commission records. But in the last five years, slot sales grew just 18 percent, reaching $25.9
billion in 2006. That's what business textbooks call a maturing market.
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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.