Indianapolis Business Journal

In a flurry in late May, Indiana officials announced economic development deals with major manufacturers that would bring more than $4 billion in investment, but experts say the state can’t rest for a second. As Mickey Shuey reports, the competition for big projects remains tight, and the state still must address persistent weaknesses such as its undertrained workforce, the high cost of health care and rising energy costs. Also in this week’s issue, David Lindquist explores why multiday music festivals have trouble taking root in central Indiana—and whether the upcoming WonderRoad fest can succeed where others have failed. And Daniel Bradley details the fight between residents of a 60-year-old carnel neighborhood and a proposed $133 million redevelopment project that would extend up to their backyards.