Elkhart’s industries could be transformed to focus on energy conservation and environmental improvements
Elkhart’s industries should shift to producing mass transit vehicles and manufactured housing for low-income, high-density neighborhoods.
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|R ECOR DS| ANNOUNCEMENT Riser Retail Group, specializing in selling retail shopping centers, has launched “10 Cap Props,” a division marketing properties with CAP Rates 10% and higher. Contact 280 E. 96th St., Suite 225; phone: 844-0700; fax: 844-0701; [email protected]; www.riserretailgroup.com. BANKRUPTCIES Medical Savings Investment Inc., 5835 W. 74th St., 46278. Chapter 7 liquidation. Assets: […]
Project plants seeds of academic success
United Way is spending $114,000 to bring Project Seed, a program with specially trained math experts, to 11 Indianapolis Public Schools.
State thinking clean-WEB ONLY
The Central Indiana Corporate Partnership-the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives-let it be known last month that there would be a fourth leg to its economic development stool: clean technology. The new initiative is known to insiders as the Indiana Energy Systems Network and has been under the reins of Paul […]
Dow may need to sell agro biz-WEB ONLY
Financially strapped Dow Chemical Co. acknowledges it may sell Indianapolis-based Dow AgroSciences LLC, the ag-chemicals-and-biotech firm that’s one of the biggest jewels in the city’s life sciences crown. Dow Chemical CEO Andrew Liveris said on a Feb. 3 conference call with analysts that the Midland, Mich.-based company has teams working with investment banks to evaluate […]
EYE ON THE PIE: I dreamed I saw Barack last night-WEB ONLY
I had a dream that I met with President Obama during his visit to Elkhart. It was just before breakfast in a school gymnasium. He was shooting baskets with one hand and drinking orange juice with the other. “A little one-onone?” he asked. “No,” I answered. “My basketball days are over.” “What do you do […]
Study American financial history
Society must learn about the history of global markets in order to prevent further financial calamities.
Robots make inroads-WEB ONLY
In early April, the 110,000-square-foot Indianapolis distribution center of California-based medical-device supplier DJO Inc. will quietly roll out a revolutionary automated package-handling system. If it works as advertised, it could signify the dawn of a robot-centric age for Indiana’s distribution industry-a niche that, according to fi gures from the Indiana Department of Workforce Development, employs […]
NASA contracts soaring-WEB ONLY
Indiana’s share of NASA spending amounts to little more than a shiny penny at the bottom of a clothes dryer. Only $130 million made its way to the state in 2007-virtually nothing compared to the $12 billion the space agency doled out to all states and the $5 billion Indiana companies snagged from the U.S. […]
Simon in defensive mode-WEB ONLY
Simon Property Group Inc. CEO David Simon hasn’t lost his swagger in the ugliest retail environment of his career. During a conference call with Wall Street analysts Jan. 30, Simon touted his fi rm’s conservative balance sheet and best-in-class mall portfolio. Responding to a question about how the company is handling retail store closings, he […]
EYE ON THE PIE-WEB ONLY
The phone rings. “Hello,” I say. “Hi. This is Dannae Deadline from the Denver Drought,” a female voice replies. “Denver, Colorado?” I ask. “No,” she says, “Denver in Miami County, north of Peru, near Mexico and Chili.” “What can I do for you Dannae?” I ask. “My editor tells me you received some distinction recently […]
Integrity of organic foods
The organic food industry is in an uproar over concerns that organic fertilizer may have been spiked with
synthetic versions.Last month, FBI and federal agriculture officials searched a California organic fertilizer factory, but wouldnâ??t
disclose their motive. The…State needs more unemployment analysis, stats
How are the economic development professionals in each Indiana county supposed to do their jobs when they don’t get quality statistics like those provided to professional sports managers and coaches?
What could an online community do for you?
There is gold to be mined in online communities, which is why so many companies are tempted to try it.
Women’s Fund backs home for teen girls
A group of volunteers who hope to open a home for pregnant teens will soon hire an executive director, thanks to a $25,000
grant from Women’s Fund of Central Indiana.Lilly’s new twist-WEB ONLY
To survive in an uncertain future, Eli Lilly and Co. needs drugs that develop faster and cheaper and that perform better. Biotech drugs, Lilly executives insist, fit that bill. That’s why Lilly shelled out $6.5 billion to buy the biotech fi rm ImClone Systems Inc. in November, six months after it opened its own $1 […]
Airport hotel in limbo-WEB ONLY
Plans for a 250-room hotel connected to the new Indianapolis International Airport terminal are in the deep freeze as the lodging industry contends with vacancies at a 20-year high. Just when the project might be revived is difficult to say. One thing is certain; the hotel won’t be open in 2009 as planned-and 2010 is […]
EYE ON THE PIE-WEB ONLY
Consider now the familiar unemployment data that are put out for each county each month. How the U.S. Department of Labor and the Indiana Department of Workforce Development get meaningful “estimates” for most Indiana counties is a mystery that Sherlock Holmes, Miss Marple and Lenny Briscoe are still trying to solve. We get figures followed […]
SMALL BUSINESS PROFILE: KERNS INTERNATIONAL LLC-WEB ONLY
Once recruited for a high-level management position at a major soft drink company, John Kerns is now the recruiter, searching for presidents, vice presidents and directors for a number of Fortune 500 fi rms. But with the economy nosediving and companies laying off workers by the hundreds and thousands, Kerns calls this the most difficult […]
Transit group forging plan-WEB ONLY
With commuter trains stuck at the proverbial station despite decades of studies, a businessled coalition is barreling forth with its own plan to study multimodal transportation and related land use. The newly formed Central Indiana Transit Task Force won’t stop at studying opportunities to link rail and buses in the metro area. It will also […]