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ARTICLES

Indiana Limestone Co. digs out of deep hole

In February, Indiana Limestone Co. filed for bankruptcy. But two months later, Chicago-based Wynnchurch Capital Ltd. bought the quarry company out of bankruptcy. ILC is now digging out and looking at a brighter horizon.
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Sallie Mae spinoff Navient tries not to shrink

Navient Corp., which employs 2,300 in its Fishers, Indianapolis and Muncie offices, is in the running for a big contract with the U.S. Department of Education even as the student-loan-servicing company faces criticism after admitting it overcharged military service members by millions of dollars.
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Greensburg factory to invest $28M, add 250 workers

Workers will be hired as global firm Valeo buys new equipment for its 400,000-square-foot engine cooling factory to start new product lines for Honda, Nissan, Chrysler and Ford.
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Beck’s Hybrids prospers against far bigger firms

When Lawrence and Francis Beck planted six acres of hybrid corn on their Hamilton County farm almost eight decades ago, the father and son sowed the seeds of a family business that’s still growing despite widespread industry consolidation.
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IEDC urging government bets on spec-building

The Indiana Economic Development Corp. is encouraging local governments to help finance speculative industrial buildings, which could land new businesses but could put at risk hundreds of thousands in taxpayer dollars.
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First family gives TLC to little-used Brown County cabin

The Pence administration has overseen the six-figure renovation of a Brown County cabin that one political observer calls Indiana’s Camp David.
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Investors seek payoff from Indiana oil wells that big players ignore

Indiana is experiencing a mini oil-boom, thanks to some big producers, but some small, private investors are also in on the game, through Indianapolis-based Midwest Energy Partners, formed four years ago by former CountryMark executive Bill Herrick.
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Riley building statewide physician network

Riley Hospital for Children at Indiana University Health has signed up 200 area pediatricians to be part of its new physician network. The move is the first step in an effort to build a statewide network of doctors that would use the Riley brand.
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Company aims to open $350M plant next year

Magnetation Inc. already has started construction on several large buildings in the town of Reynolds, and intends to start producing iron ore pellets by the second half of 2014.
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Wind farm says Duke violated contract

The owner of a northern Indiana wind farm says Duke Energy Indiana Inc.—which had agreed to buy energy the 87-turbine operation produces—breached its contract, “proving disastrous.
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