Report says Indiana home sales, prices on rise
Home sales statewide rose 4.1 percent in December compared with the same month in 2008, although Marion and Hamilton counties
reported sizable slides.
Economic Development
Articles
State’s unemployment rate jumps to 9.9 percent
Indiana’s jobless rate made its biggest increase since mid-2009. Department of Workforce
Development Commissioner Teresa Voors attributed the rise, in part, to a decrease in construction in December.
Jobless claims rising again
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week.
Indiana businesses are welcoming investment from China
Some observers see a parallel to the state’s seeking Japanese investment following recession in the early 1980s.
EnerDel expected to announce new manufacturing plant
Lithium battery-maker had requested a Hancock County zoning exemption to establish a manufacturing operation in the Mount
Comfort business park.
EnerDel in line for $3 million grant
Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.
Finish Line forfeits incentive deal
Mall retailer The Finish Line Inc. has agreed to forfeit a potentially lucrative tax-abatement deal because it won’t be able
to meet a 2008 promise to create almost 200 jobs and invest $24 million at its Indianapolis headquarters.
Airport expert to bring ‘Aerotropolis’ concept to Indianapolis
Idea for old terminal calls for more deliberative planning of development in and around Indianapolis International to make
airport more of an economic development hub.
Car-seat manufacturer plans Columbus expansion
Dorel Group wants to expand its development and production operations in Columbus, creating 98 jobs by 2013.
Colts fans howling over bar manager’s barbs
Colts fans threatening boycott after Howl at the Moon manager invites Ravens fans to come party in Indianapolis. Blue Crew
thinks invite was laced with insults to Indy.
City leaders getting aggressive about recouping tax breaks
Indianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements. The
city will use the money to fund economic development, convention, tourism and education efforts.
The other two elite colleges
Debating why Earlham and Taylor grads don’t take their places alongside peers from DePauw and Wabash.
City to bolster economic development funding
Mayor Greg Ballard expected to announce at his State of the City address Wednesday evening that the Indianapolis Convention
& Visitors Association and Indianapolis Economic Development Inc. could receive about $1 million each from the city.
Indianapolis Economic Development reports healthy 2009 job attraction, retention numbers
The organization responsible for attracting new businesses to Marion County and helping companies already
located here with expansion secured 11,135 job commitments and $157 million in private investment from
45 companies in 2009.
HICKS: Civic perceptions and economic development
There is certainly plenty of anecdotal evidence that what folks believe about a community matters for its economic fortunes.
Still no lease deal done for 2010 Final Four
With less than three months until March Madness tips off, the NCAA and city’s Capital Improvement Board are still trying to work out a lease deal to hold the event at Lucas Oil Stadium April 3 and 5. The CIB’s overhaul is slowing talks, but the board’s new president promises to get the issue on the front burner.
Too much, too soon in Elkhart?
Embattled workers might lose motivation to go back to school, thus putting them in an even worse position in the long run.
IT firm officially announces plans to create 200 jobs
Executives from BC Forward, Indianapolis’ largest computer consulting firm, said Tuesday the company will get even bigger,
with the addition of 200 jobs by 2012.
Whiskey is flowing at baseball winter meetings
There’s more than free shots of whiskey at the annual winter baseball meetings held this week at the Indiana Convention Center.
There’s a song and dance man wearing nerd glasses and another who does amazing things with a saw and sander.
Bloomington panel won’t support chain-store ban
A task force appointed by Bloomington’s mayor will instead look at other options for protecting the small-town character of the city’s downtown from standardized chain stores and eateries.