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Local tooling manufacturer acquired by private-equity firm

Techniks Inc., a designer and distributor of industrial cutting tools, has been acquired by Tenex Capital Management. Tenex, in turn, merged Techniks into another of its companies, Jasper-based Nap Gladu, to form a new holding company.

Former state ag director joins Dow AgroSciences

Joseph Kelsay, who had served as director of Indiana’s Department of Agriculture since 2009, is joining Dow AgroSciences’ government affairs team as senior manager of biotechnology affairs.

Flu season fuels debate over paid sick time laws

An unusually early and vigorous flu season is drawing attention to a cause that has scored victories but also hit roadblocks in recent years: mandatory paid sick leave for some 40 million workers who don’t have it.

Indiana Beach owes $347,000 in taxes, county says

Indiana Beach Amusement Resort on Lake Shafer neglected to pay an estimated $180,000 in innkeeper’s taxes and about $167,000 in 2011 property taxes, according to White County officials.

Shape of ‘jobs budget’ depends on the state

The proposals of Indiana Gov. Mike Pence and Maryland Gov. Martin O’Malley epitomize the reality of the Red State and Blue State philosophy of just what a ‘jobs budget’ looks like.

Environmentalists concerned about Indiana agenda

One of Indiana's largest environmental groups said Friday it was concerned that this year's General Assembly may weaken Hoosiers' ability to protect themselves from pollution and other health risks.

Lilly drug chosen for Alzheimer’s prevention study

Researchers have chosen an experimental drug by Eli Lilly and Co. for a large federally funded study testing whether it's possible to prevent Alzheimer's disease in older people at high risk of developing it.

Shopper finds tot outside Walmart store

A Lawrence mother has been arrested on neglect charges after a shopper reported seeing a 2-year-old boy alone in an unlocked car outside a Walmart store at 10735 Pendleton Pike. Lawrence police say the boy was sleeping. The car wasn’t running, and the outside temperature was 33 degrees. The mother, 24-year-old Alicia Rodriquez, told officers she was buying medicine for a sick child at home. The boy was turned over to his father.
 

Girl fabricated abduction story

A teenage girl has confessed to making up a story about an attempted abduction, Columbus police say. The girl told a school guidance counselor that a man tried to lure her into a van as she walked to school, but later admitted the fabrication to police. Surveillance videos show no sign of an incident. Police believe the girl, who has not been arrested, was seeking attention.

Cops nab hit-and-run suspect

A Shelbyville man was arrested by Indianapolis police Thursday in connection with a hit-and-run crash Sunday night that killed 63-year-old Kathy Clark. Greg Hudson, 50, faces a charge of failing to stop after an accident causing death, a Class C felony. He was arrested at his Shelbyville home following a tip. Clark was struck while walking south along Meridian Street near Troy Avenue on the south side. Her daughter said she was on her way to see a friend play in a band.

 

Mall REITs soared in 2012 by ditching struggling centers

Mall owners, including Simon Property Group Inc. and General Growth Properties Inc., have been moving on from struggling retail centers as the economic rebound drives them to focus on the best-performing markets.

State jobless rate climbs despite increase in jobs

Indiana’s unemployment rate rose to 8.2 percent in December even though the state added 8,300 private-sector jobs during the month. Officials attributed the increase to the more than 7,000 unemployed Hoosiers who resumed searching for work.