Downtown apartment complex to expand
The developer of The Waverley apartments downtown has filed plans to expand the complex at 151 S. East St. thanks to high
demand for one-bedroom units.
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Tax abatement could help manufacturer add 43 jobs
The Indianapolis plant of Rexnord Industries LLC is promising to create 43 jobs and retain hundreds more if the city grants
a five-year tax abatement.
Former business owner Hockett sentenced for bank fraud
A federal judge this morning sentenced a former Indianapolis business owner to 18 months in prison after he pleaded guilty
to bank fraud in May.
Delaware County latest to join public-transportation group
Delaware County has become the 10th county to join the Central Indiana Regional Transportation Authority, the quasi-governmental
organization announced today.
Governor taking mayors on China, Japan trip
Indiana University President Michael McRobbie and six mayors from around the state will join Gov. Mitch Daniels for at least
part of his upcoming 10-day trade mission to China and Japan.
Arts funding maintained in city budget proposal
The Indianapolis arts community is breathing a collective sigh of relief after learning that the city is not expected to reduce
its funding in 2010. The City-County Council will hear public comments tonight on Mayor Greg Ballard’s 2010 budget before
voting on it Sept. 21.
Kite Realty Trust CEO unloads $467K in company stock
The CEO of Kite Realty Group Trust last week sold 130,000 shares, or nearly a half-million-dollars worth, of the Indianapolis-based
real estate firm’s common stock.
Conseco consolidation to save $2.5M a year
Conseco Inc. this morning said it is consolidating three of its insurers into one, a move that will have no impact on employment
but will save the company about $2.5 million annually.
Lumina chair Mutz preps for a W downturn
John Mutz, former lieutenant governor and chairman of the Lumina Foundation, is digging in for extended hard times.
Kilroy’s will soon be here
The former home of Smokey Bones Barbeque and Grill at 201 S. Meridian St. is getting a new tenant after sitting vacant for
more than two years. The Bloomington institution Kilroy’s plans to open a new location in the 8,700-square-foot space.
Indiana set to announce $164M in stimulus awards for housing
Indiana Lt. Gov. Becky Skillman plans to announce the first awards of $164 million in federal stimulus money to build low-
and moderate-income housing across the state.
New contract ends strike for 700 in Terre Haute
Union members have approved a new contract that ends a strike by more than 700 workers at a Bemis Co. plant in Terre Haute
after 40 days.
Daniels’ name popping up as potential presidential candidate
Republican Mitch Daniels has repeatedly insisted that his 2008 run for a second term as Indiana’s governor was his last election
and that he’s not interested in the "savagery" of a national campaign.
You-review-it Monday
The final days of IndyFringe. The first weekend for “Seven Brides for Seven Brothers.” The first screenings of “Taking Woodstock.”
What did you do this weekend?
Anthem, St. Francis reach agreement in principle
The St. Francis hospital system has reached a tentative contract agreement with Anthem Blue Cross and Blue Shield of Indiana,
ending a disagreement over insurance reimbursement costs, the parties said today.
Whirlpool to close 1,100-worker Evansville refrigerator factory
Whirlpool Corp. announced Friday that it will close its refrigerator factory in Evansville by next year and cut 1,100
jobs as it continues a push to trim excess capacity.
University Loft plans 30 jobs in Greenfield
Indianapolis-based University Loft Co. expects to add 30 full-time jobs at its Greenfield manufacturing facility thanks to
a federal pact with the U.S. Marine Corps. The company recently was awarded a multi-million-dollar contract to supply metal
furniture for the Marine Corps’ Camp Lejeune base in North Carolina.
Indiana’s $132M energy-conservation plan OK’d
Indiana will use nearly $132 million in federal stimulus funding to help more than 30,000 low-income households weatherize
their homes and obtain more efficient appliances.