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The Department of Energy will announce on Monday it is giving a $50M loan to Vehicle Production Group, which makes wheelchair accessible vehicles in Mishawaka. Officials say they expect the loan to create more than 900 jobs in an economically ravaged part of Indiana.
A Cleveland-based private equity firm called Resilience Capital Partners has purchased Indiana Limestone Co. from Johnson Ventures. Terms were not disclosed.
An expected push to refresh the oldest North American commercial trucking fleet in at least 31 years should boost sales at partsmakers like Columbus-based Cummins Inc.
Indiana doctors may soon check on patients’ financial health as part of a program that teaches health care providers how to spot victims of swindlers.
The Indiana Democratic Party says the Democrat who lost the race for secretary of state should get the job if Republican winner Charlie White cannot serve because of alleged voter fraud.
A man found guilty but mentally ill for an attack on Indiana state Rep. Ed. DeLaney was sentenced to 40 years in prison Thursday.
A desk clerk at the Plainfield Budget Inn said an armed man tried to rob the hotel Friday morning at about 4 a.m. The clerk told the man there was no cash in the drawer because the hotel only accepts credit cards during overnight hours. Instead, the man grabbed the clerk’s purse from behind the counter and fled the scene in a red vehicle, possibly a Pontiac Grand Am or Oldsmobile Alero.
A woman who had her purse snatched outside a Walgreen’s store Friday morning in Beech Grove got it back when a Good Samaritan chased down the thief. The woman was on her way out of the store when a man grabbed her purse and ran to a van across the street. The woman yelled and sounded her car’s alarm, getting the attention of a Marsh Supermarkets employee who chased after the suspect, causing him to drop the purse. The snatcher and another man in the van got away.
Police suspect a man who fell to his death from a moving car early Friday morning on Interstate 465 on the east side of Indianapolis may have been pushed out of the vehicle. A truck driver who witnessed the incident at about 1:30 a.m. told police he saw the passenger-side door of a maroon Chevrolet Caprice open and a man fall out onto the highway. The car was moving about 60-65 mph. The victim, who is yet to be identified, was breathing when medics arrived, but later died from massive injuries. Police are searching for the vehicle and the driver.
As parking lots go, it will be one of the city's nicest. Perimeter landscaping. Tree islands to break up 354 spaces. Smart light fixtures. But the new pavement proposed for the former home of Market Square Arena also is an admission of failure.
Double-digit growth by low-cost carriers helped overall boardings at Indianapolis International Airport increase in October.
Republican governors meeting in San Diego said Thursday their statehouse victories in the Midwest leave the party well positioned for 2012 in the battlefield that often determines the presidency.
Indiana-based Eastern Livestock Co. may owe more than 700 ranchers across the Midwest, South and West a total of $130 million.
A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.
Over the last few months, a wave of events has given momentum to grass-roots efforts to revive the West 38th Street corridor and its broader neighborhood, which includes Lafayette Square Mall.
The Federal Home Loan Bank of Indianapolis has filed suit against some of the nation’s largest financial institutions, including Bank of America, Wells Fargo and J.P. Morgan Chase, to recover losses on a $3 billion portfolio of mortgage-backed securities.
An Indianapolis company has developed Web-based software that allows college students to read and electronically mark up textbooks, articles, chapters of books, etc. It also has a business model that its owners think will make more money for publishers and slash students’ textbook costs—which average $1,200 a year—in half.
Devington Community Development Corp. tried to tackle a host of neighborhood ills before closing its doors this month. But the agency also was embroiled in disputes with a local minister and its landlord.
Some in hospitality industry think it’s inevitable General Assembly will make state smoke-free in 2011.
The Running Co., now BlueMile, expands into Louisville, looks to add more stores in and outside Indiana
