Cleveland company acquires former Navistar plant site
The Brookville Road plant, which includes about 1.6 million square feet on about 90 acres, houses a former engine plant and foundry that once employed hundreds of workers.
Susan Orr
Articles
Indy Pride to move Pride Fest, hire first executive director
Indy Pride Inc. on Friday announced that its 2017 Circle City IN Pride Fest will be moving to Military Park at White River State Park after seven years of growth at the American Legion Mall.
Indy employers to blitz 8th-graders with career choices at JobSpark
At the new event, more than 7,000 Marion County eighth-graders will get hands-on experience in eight job sectors, aided by some 3,000 volunteers from more than 100 companies.
FedEx planning $170 million in improvements at airport hub
According to a tax-abatement application with the city, FedEx plans to install $170 million in new package-sorting equipment, while adding 27 full-time jobs and 178 part-time jobs. It would also retain 728 full-time and about 3,200 part-time workers.
Transit referendum spawns efforts to educate, influence
Advocates and opponents of a Nov. 8 referendum that would let the City-County Council increase taxes to pay for a mass transit plan are gearing up to vie for your vote.
Federal judge OKs $454M Vertellus Specialties acquisition plan
A federal bankruptcy judge approved the sale of Indianapolis-based chemical company Vertellus Specialties Inc. on Thursday after the U.S. Environmental Protection Agency withdrew its objection to the sale.
Coca-Cola manufacturing operations in Indiana switching hands
Charlotte, North Carolina-based Coca-Cola Bottling Co. Consolidated, an independent bottling company, has signed agreements to purchase Indiana manufacturing and distribution plants in Indianapolis and Portland, plus one in Cincinnati, from Coca-Cola Refreshments USA Inc.
EPA objects to Vertellus Specialties acquisition plan
Indianapolis-based Vertellus Specialties Inc. is at odds with the U.S. Environmental Protection Agency over whether a proposed $454 million sale of the chemical company will provide adequate resources to address environmental cleanup needs.
American Airlines deal gets Republic closer to bankruptcy exit
Indianapolis-based Republic Airways Holdings Inc. has reached an agreement to continue providing regional flights for American Airlines—a step Republic says “clears the pathway for a successful emergence” from its Chapter 11 bankruptcy case.
Hurco profit falls as demand for machine tools diminishes
North American sales for the Indianapolis-based manufacturer dropped 19 percent in the third quarter due to pricing pressure and reduced consumption of machine tools.
Vertellus to be acquired by lenders after no other bids surface
Chemical company Vertellus Specialties Inc. says the $454 million deal arranged in bankruptcy proceedings will allow it to continue operations with its current leaders.
Retirements, stiffer training requirements fuel pilot shortage
A University of North Dakota study predicts that annual pilot deficits will escalate over the next decade and will total 15,000 by 2026.
Trucking giant pegs Whitestown for parts distribution center, 45 hires
A company that sold more than 160,000 trucks last year intends to spend $12.35 million to lease and equip a 283,500-square-foot facility for sending parts across the Midwest.
Downtown music fest solidifies lineup for its debut
Organizers of Evermore Music Festival, set for three days this fall on the lawn of the American Legion Mall, hope slow ticket sales perk up.
Chemical maker Vertellus to close portion of Indy plant
Currently working its way through Chapter 11 bankruptcy, the firm expects the closure at its Tibbs Avenue plant to affect dozens of employees.
After developer drama, Indy airport still in holding pattern on 128-acre parcel
Indianapolis International Airport officials say they’re taking their time with deciding what comes next for the site of nixed proposal for a $500 million medical center.
Cummins to receive $20M in ‘SuperTruck’ funds
The Columbus-based engine maker will be part of a federal program aiming to more than double the freight efficiency of 18-wheelers.
Musk’s brother plans to plant 100 gardens at Indy schools
A group run by Kimbal Musk—billionaire Elon Musk's brother—is expanding its footprint to Indianapolis in a big way, aiming to cultivate at least 100 patches of land for schoolchildren to study.
I-69 construction suffers delays and pay issues, leading to bond downgrade
In a recent report, Fitch Ratings expresses doubt that the section of I-69 between Bloomington and Martinsville will be completed by its June 2017 deadline.
FOCUS: More kids take vocational classes but challenges remain
In the school year that ended in May, nearly 175,000 students were enrolled in more than 235,000 career and technical classes. That’s an 11 percent increase since the 2012-2013 school year, when Gov. Mike Pence challenged schools to serve students going to work as well as students going to college.