MainGate roaring with Lions deal
Locally based MainGate Inc. is getting a big boost from its new contract with the Detroit Lions. MainGate signed a 10-year deal in February to manage…
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Two Indiana plants cutting about 130 jobs-WEB ONLY
Two northern Indiana manufacturers have announced that they are closing operations, cutting about 130 jobs. Nebraska-based Valmont Industries Inc. will close its steel operations unit in Elkhart on June 16, laying off about 70 employees. The company makes steel and aluminum poles for street lights and traffic signals. Plant manager Franco Garcia said the company […]
Rolls-Royce awarded $106M military contract-WEB ONLY
Rolls-Royce PLC announced yesterday that it has landed a $106 million contract with the U.S. Naval Air Systems Command to help power KC-130J tanker aircraft flown by the Marine Corps. Indianapolis-based Rolls-Royce will provide engine management, support, troubleshooting, parts, supplies and logistics support for the Marine aircraft. The contract is for one year, plus three […]
The new education chief
Tony Bennett has been state superintendent of public instruction for just three months, but heâ??s making plenty
of waves.
Bennett, who replaced longtime chief Suellen Reed after she decided not to run for re-election, has not abandoned
his campaign…
Cultural road tripping
I spent a fair amount of yesterday at a meeting with representatives of tourism departments from around the state. Each touted his or her region’s attractions–from Lincoln Amphitheatre (back in action this year) to the Fort Wayne Children’s Zoo,…
Analyst: Expect prasugrel OK by end of April-WEB ONLY
Eli Lilly and Co. should win regulatory approval for its blood-thinner prasugrel by the end of the month, according to one Wall Street analyst. Dr. Tim Anderson, an analyst at Sanford C. Bernstein & Co., made the prediction in a note to investors on Tuesday. He added that Wall Street expects prasugrel to receive full approval, despite being dogged […]
WellPoint profit slowed by investment losses-WEB ONLY
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Investment losses caused profit to fall at WellPoint Inc. in the first quarter, and the company lowered its profit forecast for the year. The Indianapolis-based health insurer earned $580 million in the three months ended March 31, a 1-percent decline from the same quarter a year […]
Anderson’s Bright reveals plug-in van-WEB ONLY
Anderson-based startup Bright Automotive yesterday finally unveiled the Idea, a 100-mile-per-gallon plug-in hybrid electric van that it is looking to sell to fleet customers such as businesses and government agencies. The automaker’s goal is to produce 50,000 vehicles a year starting in 2013. The ultimate outcome, it hopes, will be millions of dollars in savings […]
Purdue startup marketing new ethanol yeast-WEB ONLY
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 An Indiana biotechnology company announced yesterday that it has begun producing a genetically modified yeast that promises to make it easier and faster to turn corn cobs, wood chips and a host of agricultural wastes into ethanol. Green Tech America Inc. of West Lafayette said its […]
Lubbers leading candidate for education post-WEB ONLY
State Sen. Teresa Lubbers is a leading candidate to become Indiana’s next commissioner of higher education, she confirmed through a spokeswoman today. She declined to comment further until an official announcement is made tomorrow. The Commission for Higher Education will meet at 11:15 a.m. to make its decision. Lubbers, a Republican from Indianapolis, would replace […]
Ohio university plans Indianapolis branch-WEB ONLY
Franklin University, a college based in Columbus, Ohio, is planning to open a location on the north side of Indianapolis, the school announced today. The 107-year-old school, which has enrollment of 11,000 at its main campus in Columbus and three suburban locations, hopes to expand outside of Ohio for the first time. Its growth plan […]
IRL TV rating improved
The Grand Prix at Long Beach last Sunday scored a .5 TV rating for the Indy Racing League, according to New York-based Nielsen Media Research. That’s the same rating the race earned last…
Analyst: Conseco still facing credit problems-WEB ONLY
An analyst cut his 2009 earnings estimate for Conseco Inc. yesterday and said the Carmel-based insurer still faces a real threat of bankruptcy if it can’t renegotiate its credit agreement with debt holders. Credit Suisse analyst Thomas Gallagher slashed his earnings estimate after projecting an extra $45 million per year in costs associated with a […]
BSU’s Gora to be honored for tech innovation-WEB ONLY
Ball State University President Jo Ann Gora has been chosen to receive TechPoint’s annual Trailblazer Award for “significant and lasting contributions to technology innovation in Indiana,” the statewide business-development group announced today. Gora will be recognized at the group’s annual Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. The […]
Dems question governor’s budget-cutting power-WEB ONLY
Democratic leaders at the Indiana Statehouse are questioning whether the governor should have the power to withhold state cash from certain programs after lawmakers allocate money for them in the state budget. Senate Minority Leader Vi Simpson (D-Bloomington) said Republican Gov. Mitch Daniels should be able to reduce spending for his own state agencies in […]
One injured after rocks thrown from overpass-WEB ONLY
Five truckers called Indiana State Police last night, saying rocks, some the size of baseballs, hit their rigs near the Georgetown Road overpass over Interstate 65 on Indianapolis’ west side. One driver was hit in the face when a rock went through his windshield. Fox 59 will have more at 10 p.m.
BSU’s Gora to be honored for tech innovation-WEB ONLY
Ball State University President Jo Ann Gora has been chosen to receive TechPoint’s annual Trailblazer Award for “significant and lasting contributions to technology innovation in Indiana,” the statewide business-development group announced today. Gora will be recognized at the group’s annual Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. The […]
Hundreds of IPS teachers face layoffs-WEB ONLY
More than 300 teachers employed by Indiana’s biggest school district could soon find themselves out of work. Indianapolis Public Schools officials are considering cuts as they deal with dwindling enrollment and a $25 million budget deficit. Layoffs could also affect about 40 other faculty members and at least 60 district administrators. The district will hold […]
Volunteers to rehab homes on south side-WEB ONLY
Hundreds of volunteers are expected to participate in this Saturday’s Rebuilding Together Indianapolis program – a charitable effort to restore 20 homes on the near-southeast side of the city. Indianapolis Mayor Greg Ballard, Wishard Health Services CEO Lisa Harris and Indianapolis Metropolitan Police Chief Michael Spears will be among those attending the event, which begins […]