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General Motors’ plant in Fort Wayne is in the running for a proposed $46 million expansion even as the automaker closes plants as part of its reorganization under federal bankruptcy laws. GM is seeking a 10-year tax break on $27 million in equipment needed for the expansion, which would “furnish and install machinery, equipment and […]
The owners of one of Indiana’s most successful riverboat casinos are preparing to replace it with a new $335 million boat that’s the size of two football fields. The new Hollywood casino in Lawrenceburg won’t just replace the 13-year-old Argosy casino when it opens June 29 – it will also raise the stakes in a […]
KV Racing Technology announced today that Paul Tracy will pilot a car for the team at the Camping World Grand Prix at the Glen, July 5, at Watkins Glen International Raceway.
Tracy will be…
A state school for troubled and needy youth would have to be reopened under legislation endorsed by an Indiana House Committee. Gov. Mitch Daniels’ administration closed the Soldiers’ and Sailors’ Children’s Home east of Indianapolis late last month, in part because of costs. The administration plans to convert the school to a National Guard military […]
Republican Gov. Mitch Daniels’ budget proposal includes a scholarship tax credit that supporters say would give poor students the opportunity to attend private schools, but opponents say would open the door to vouchers. Daniels’ budget proposal includes a 50-percent tax credit for donations to a not-for-profit scholarship-granting organization that helps students from low-income families attend […]
Indianapolis Executive Airport in Zionsville will reopen its main runway Saturday after a $4.3 million resurfacing project paid for with federal stimulus funds, the airport announced today. It’s the first U.S. airport to benefit from stimulus money, said officials from Montgomery Aviation, which runs the airport. Resurfacing of the 5,300-foot runway resulted in a 45-day […]
U.S. investors are joining traders overseas in worrying that a three-month surge in stocks might be overdone, sending major indexes down more than 2 percent this morning. Stocks fell on Wall Street after heavy selling in Europe and Asia. Investors are concerned about a weaker-than-expected manufacturing index and a stronger dollar pushing down oil prices […]
Democrats who control the Indiana House are considering changes to their proposed one-year state budget proposal. The House Ways and Means Committee planned to consider amendments to the bill today, and then possibly vote to send the measure to the full House for consideration. The one-year plan would increase spending on schools by an average […]
Peyton Manning announced a new initiative this morning aimed at fighting childhood obesity. The Indianapolis Colts quarterback and officials from the Peyton Manning Children’s Hospital at St. Vincent will launch a Hoosier school health and wellness campaign. Project 18, named after Manning’s jersey number, will focus on risky health behaviors in third- through fifth-grade students. […]
Germany-based VAT-Getriebetechnik, a manufacturer of wind turbines and renewable energy-powered lighting systems, announced Friday that it will locate its U.S. headquarters in Muncie. The company plans to create more than 120 new jobs by 2011 and invest $3.3 million in its facility at the city’s Park One Business Park. It will begin hiring engineers, service […]
Indianapolis Executive Airport in Zionsville will reopen its main runway Saturday after a $4.3 million resurfacing project paid for with federal stimulus funds, the airport announced today. It’s the first U.S. airport to benefit from stimulus money, said officials from Montgomery Aviation, which runs the airport. Resurfacing of the 5,300-foot runway resulted in a 45-day […]
Investigators are trying to determine what led to the death of a local man found in a creek on the north side of Indianapolis. A group of children discovered the body of Antonio Toledo, 39, yesterday near the Creekwood Apartments between Michigan and Ditch roads. Toledo lived a few blocks from the creek and was […]
Friends and family will gather this afternoon to remember Jeremiah Miller, 10, who was killed last Thursday by lightning while camping at Mike’s Southport Fishing Lakes. Jeremiah was struck as he ran for shelter. Funeral services will begin at 1 p.m. at Bell Mortuary and Crematory, 2310 W. Washington St.
WISH-TV Channel 8 News Director Kevin Finch announced this morning that he is leaving the station to take a position with Calamari Productions LLC, a video production house with offices in Indianapolis, New York and Austin, Texas. Finch, a veteran of the local TV news business, has been with WISH for six years, including the […]
Bose McKinney & Evans LLP has agreed to pick up part of the opposing counsel’s legal tab in an environmental-contamination case in which a federal judge sanctioned both the Indianapolis-based law firm and its client for withholding evidence. Details of the settlement reached Friday are confidential. But the legal tab split between Bose and its […]
Reading the news that TD Ameritrade recently signed a naming rights deal for Omaha’s new baseball park, made me wonder if Indianapolis didn’t miss a golden opportunity with the College World Series. That…
Eli Lilly and Co. has launched a Web portal to help it more easily find, evaluate and possibly license experimental drugs discovered by researchers at universities and biotechnology companies, the Indianapolis-based drugmaker announced today. Lilly hopes the program behind the portal, called the Lilly Phenotypic Drug Discovery Initiative, or PD2, opens up an untapped source […]
Indianapolis-based Arcadia Resources Inc. has sold its Jascorp retail pharmacy-management software division for $2.2 million in cash, the company announced today. Jascorp provides dispensing and billing software to pharmacies in 39 states and Puerto Rico. Arcadia acquired the Milwaukee-based business in July 2007 for $2.05 million in cash and stock. Arcadia did not name the […]
Elkhart-based Coachmen Industries Inc., no longer part of the slumping recreational vehicle industry, could start hiring soon as part of a $3.5 million expansion that it expects to create more than 200 jobs in northern Indiana. The Elkhart County Council has approved $135,661 in local property-tax abatements over 10 years on the company’s promise to […]
Normal 0 false false false MicrosoftInternetExplorer4 Democrats who control the Indiana House are prepared to consider changes to their proposed one-year state budget proposal. The House Ways and Means Committee planned to consider amendments to the bill today, and then possibly vote to send the measure to the full House for consideration. The one-year plan […]
