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Warsaw-based Zimmer Holdings Inc. will create 100 jobs in a $19 million expansion of its foundry in the northern Indiana city, the Indiana Economic Development Corp. said today. The 50,000-square-foot expansion will result in greater automation and produce 1.3 million castings a year. The state offered 400,000 in tax credits based on jobs created. Zimmer […]
A new study shows newspapers continue to lose advertising dollars and circulation to the Internet, and theyâ??re
slicing ever deeper into newsroom budgets to try to stay in the black.
Stories are shorter and devote less attention to international…
FedEx Corp. has asked a bankruptcy judge to allow it to sue ATA Airlines Inc. for breaching a contract to carry military personnel. The filing comes a month after ATA sued FedEx, claiming that it was forced into bankruptcy when FedEx notified ATA that the contract would end this fall. ATA was obligated to continue […]
AAA Hoosier Motor Club today finalized a three-year deal with the Indianapolis Motor Speedway, making AAA Hoosier Insurance a primary sponsor of the inaugural Red Bull Indianapolis GP MotoGP event on Sept. 14…
One of Indiana’s biggest information technology companies is adding new leadership. Muncie-based Ontario Systems LLC, which develops debt-collection software, has named Tony Reisz as its new president and CEO. He replaces Ontario co-founder Wil Davis, who continues as chairman. Davis was not immediately available for comment. But co-founder Ron Fauquher said top management jobs had […]
Record flooding in early June won’t spark an economic shot in the arm for Indiana like the typical rebuilding process that follows hurricanes and many other natural disasters, according to Richard DeKaser, senior vice president and chief economist at National City Bank. That’s because most of the damage was to agricultural crops, which cannot be […]
Standard & Poor’s Rating Service has raised Indiana’s credit rating to its highest-ever, allowing schools and other agencies to borrow money at lower interest rates. Standard & Poor’s pushed the rating to “AAA” from “AA+,” where it had stood since 2006. The was due in part to property tax reform, low-overall state debt levels, a […]
Indy Racing League officials searching for a title sponsor have their short list narrowed to five companies.
Subway restaurants and Eastman Kodak head the list, according to league sources. There are also two technology…
HENDRICKS COUNTY Motorcycle team expanding in Brownsburg-again In 2004, Indiana convinced Vance & Hines Motorsports Inc. to move its motorcycle racing team from California to Brownsburg. The National Hot Rod Association Pro Stock team moved into an 18,000-square-foot facility whose central location made traveling to races easier and made it more convenient to return to […]
HAMILTON COUNTY Hamilton County tops magazine rankings Hamilton County residents already know all about their affordable property taxes, low crime and strong schools. But they got outside confirmation from two national magazines during the last month. In a June 30 story titled, “America’s Best Places to Raise a Family,” Forbes ranked Hamilton County first in […]
MADISON COUNTY Nestle may expand in Anderson The Anderson Board of Zoning Appeals on July 2 approved a request by Nestle Corp. to expand its 880,000-square-foot plant in the Madison County city by 260,000 square feet. The approval was granted with hope that Nestle will choose its newly operational Anderson plant for production of a […]
JOHNSON COUNTY Franklin distribution center to have eye appeal Officials for an Ohio-based tire manufacturer this month announced plans to relocate a distribution facility to Franklin, bringing 60 jobs to the city 25 miles south of Indianapolis. Cooper Tire & Rubber Co. will move into a new 808,500-square-foot building in Franklin Tech Park near Interstate […]
Carmel’s play for the arts Some fear it will come at Indianapolis’ expense The $80 million-plus Carmel Performing Arts Center, a neo-classical-styled concert hall designed to be an acoustical masterpiece, is still two years from opening. But it’s already the source of some dissonance in the Indianapolis arts community to the tune of Mozart’s String […]
Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Fishers ………………………………………61,840 Carmel ………………………………………60,570 Noblesville …………………………………40,115 Westfield ……………………………………13,444 Cicero …………………………………………4,400 5 LARGEST EMPLOYERS employees Sallie Mae…………………………………….2,300 Conseco Inc. …………………………………2,300 Marsh Supermarkets Inc………………….1,650 Resort Condominiums International ….1,600 Thomson Inc………………………………….1,600 COUNTY MSA* […]
HANCOCK COUNTY Fighter invading Mount Comfort No, the U.S. Navy’s Blue Angels will not be headlining the Indianapolis Air Show next month. Though the fan favorite won’t be on hand for the event Aug. 22-24 at Mount Comfort Airport, organizers hope a demonstration of the still-rare F-22 Raptor will keep attendance above the usual 100,000 […]
Business hotel planned for Shelbyville SHELBY COUNTY-Recent growth in and around Shelbyville has been enough to convince one hotel developer to jump in. Greenwood-based Reainco Development Corp. will build a 74-room Holiday Inn Express hotel at the intersection of Interstate 74 and State Road 9. The addition of a casino to Indiana Downs in Shelbyville […]
MONROE COUNTY Obama replaces tortillas Barack Obama’s presidential campaign is taking over the former Tortilla Flat restaurant building on North Walnut Street in Bloomington. The office is one of six the campaign opened in mid-July across the state. Others are in Evansville, Fishers, Fort Wayne, Muncie and South Bend. The campaign has plans for 20 […]
TIPPECANOE COUNTY Purdue boosts budget request Purdue University plans to seek an additional $14.7 million when it submits its biennial operating budget request to the state in the fall. Purdue’s board of trustees approved the initial projections June 20. The additional appropriation for 2009-2011 represents a 4-percent increase over the prior two-year period. Included in […]
BOONE COUNTY County prevails in land standoff Whitestown and Boone County have been instructed by the Indiana Supreme Court to play nice and share the responsibility of granting tax abatements in an area coveted by both. The decision means developers who want tax abatement must get approval from both entities. It also overturns a state […]
Arming patients with portable electronic medical records that physicians can access during emergencies is becoming more prevalent among health care providers. The Heart Center of Indiana in Carmel, a partnership between St. Vincent Health and The Care Group Inc., the state’s largest cardiology group, recently started the practice. Community Health Network and Dr. Tim Story, who chairs the largest group of physicians at Clarian North Medical Center, are among others who have rolled out portable records systems. The health information…
