UAW salvages Navistar foundry on brink of closing
A five-year contract ratified late Tuesday covers 250 workers in UAW Local 226 who work at Indianapolis Casting Corp.
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A five-year contract ratified late Tuesday covers 250 workers in UAW Local 226 who work at Indianapolis Casting Corp.
CNO Financial Group Inc. will resort to a sealed-bid auction to unload the lavish Hilbert mansion in Carmel, which has been
on the market for five years. Its latest asking price was $9.9 million.
Racing insiders say Dallara and Lola are frontrunners to become the new Indy Racing League chassis providers.
In overturning two lower court decisions, a three-judge panel of the 3rd U.S. Circuit Court of Appeals in Philadelphia unanimously
agreed with attorneys representing some 2,100 retirees from two Visteon manufacturing plants in Indiana.
A new study reports that (surprise), Americans are getting bigger, and so are our theater seats.
Choosing a new chassis formula for the 2012 IndyCar Series season may be the least of new CEO Randy Bernard's challenges.
The decision will be announced today at 12:30 p.m. and acrimony may follow.
The Indiana Department of Education has awarded Marian University a $500,000 contract to operate a Turnaround
Leadership Academy, designed to train school leaders who can lead rapid improvements at struggling schools.
Agents descended on the contract-furniture maker to execute a sealed search warrant. A spokeswoman for U.S. Attorney Tim Morrison said no arrests were made.
Kathryn Jane Jones will become chairwoman of the department of anatomy and cell biology at the Indiana University
School of Medicine on Jan. 1. Jones is presently director of the Neuroscience Institute at the Stritch School of Medicine
at Loyola University-Chicago. She is also president of the American Association of Anatomists.
Medical device maker Biomet Inc. plans an expansion of its northern Indiana facilities that could add about
280 jobs, according to the Associated Press. Company officials have discussed the plan with Kosciusko County officials as
they've sought tax breaks on the $26 million project. Biomet attorney Richard Helm says the expansion in Warsaw would
retain about 80 jobs and lead to some manufacturing being moved there from New Jersey. The project would also expand Biomet’s
Warsaw distribution center.
Eli Lilly and Co. will cut 170 jobs—mostly in Indianapolis—from its manufacturing and quality
division by the end of the year as it continues its efforts to slim down before losing revenue from patent expirations on
its bestselling drugs. The Indianapolis-based drugmaker’s latest move will cut nearly 5 percent of its 3,600-person
manufacturing work force in the United States. Lilly will ask for voluntary departures, but it also will eliminate the jobs
of others involuntarily. Some jobs have already been eliminated through attrition. Lilly has announced nearly 2,000 job cuts
toward its goal of 5,500 cuts, which the company set in September. The company is also trying to eliminate $1 billion in annual
expenses by the end of 2011. At that time, it hopes to have a worldwide staff of about 35,000. It currently employs 12,400
in Indiana.
Hundreds of patients will be shifted from Indiana's state psychiatric hospitals into community-based care under a plan
that officials say will eliminate more than 500 jobs, according to the Associated Press. The biggest changes and the layoffs
will come at the Logansport and Richmond state hospitals, while units at the Evansville and Madison hospitals will be converted
to care for those with serious mental illnesses. The moves by the Indiana Family and Social Services Adminstration are expected
to reduce the number of patients at the six state hospitals by about 30 percent and save $15 million a year. The Logansport
State Hospital will have 355 of its 900 workers laid off and 80 vacant positions eliminated. The Richmond
State Hospital will lose 106 of its 600 workers.
A medical device company is seeking a property-tax abatement to offset costs associated with a $1.1 million expansion of
its facility at 3735 N. Arlington Ave. in Indianapolis. New York-based Greatbatch Medical Inc. expects to
create eight jobs at an average wage of $12.75 an hour and retain 146 jobs at an average wage of $14 an hour, according to
the abatement request. Greatbatch specializes in cardiovascular products but is expanding into the orthopedics market, which
is prompting the expansion, the company said.
WellPoint Inc. is turning from opponent of the health care reform law passed in March to “trusted adviser.” It launched a website, healthychat.com, where company representatives answer customers’ questions about the new health reform law.
Dr. Tom Inui, the outgoing CEO of Indianapolis-based Regenstrief Institute, talks about the ascendency of
health information exchange as a solution to health care challenges and what he'll do next for the medical research organization.
Two Indianapolis giants—Eli Lilly and Co. and Roche Diagnostics—are working hard to pair up drugs and diagnostic
tests to gin up more sales.
Hendricks County police are trying to figure out what caused a deadly crash Tuesday morning near Interstate 70. The crash
happened about 6:30 a.m. on State Road 39. A preliminary investigation revealed that a car appeared to have hit a semi that
was stopped on the side of the road. The driver of the car, Dustin See, 24, died at the scene.
Bloomington police are looking for a man who tried to take photos of a woman in a mall dressing room. The 19-year-old victim
told police she saw the man reach under the stall and snap photos when she was undressing in a fitting room at Body Central.
She screamed and he took off.
A fire on the near-northeast side of Indianapolis was intentionally set, according to investigators. Flames destroyed the
vacant house near East 32nd Street and Kenwood Avenue about 4:30 a.m. Tuesday. A family had lived in the home up until April,
but moved out after another fire. Firefighters say Tuesday morning’s blaze jumped to a neighboring house and briefly
caught it on fire, causing minor damage. Fox59 will have more at 4 p.m.
General Growth expects to come out of bankruptcy court with 180 properties, making it the second-largest shopping mall owner
behind Indianapolis-based rival Simon Property Group Inc.
Several new restaurants have filed plans to open in the Indianapolis area, including a replacement for the long-vacant Bahama Breeze along 96th Street, and a new pizza joint in the Century Building downtown.
The late philanthropist’s gated property at 555 Kessler Blvd. in Crows Nest includes a 7,726-square-foot home with indoor pool, a guest house of
about 2,000 square feet and formal gardens.