Articles

Greater Indianapolis YMCA has $30M in projects planned

It takes a map of the entire metro area to show all the projects the YMCA of Greater Indianapolis has on its drawing board.
The $30 million plan calls for building two brand-new facilities, one in Avon and one in Pike Township; expanding
the Fishers YMCA; and building a new outdoor pool in Lawrence.

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Recession forces casinos to go all in with pricey expansion projects

In a saturated gambling market, Indiana casinos increasingly rely on expanded entertainment options to
attract patrons. The upshot is that an industry once considered “recession-proof” is asking
the General Assembly for lower taxes and hopes to eliminate expensive regulatory requirements like maintaining engines
and crews.

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HHGregg accelerates store-opening plans

HHGregg Inc. said this morning that the bankruptcy of competitor Circuit City should enable the company to open more stores
within the next few years than previously expected.

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EnerDel poised to get jolt of stimulus juice

Within weeks, EnerDel expects to receive notification that it’s getting as much as $480 million in financing under a U.S.
Department of Energy program aimed at fostering advanced vehicle manufacturing.

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Business school outgrows Indiana

With enrollment surging in vocational schools around the country, Indiana Business College has launched an expansion into
Ohio and likely into other states as well. The Indianapolis-based for-profit school also is changing its name.

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Vocational art school grows at Pyramids

The Art Institute of Indianapolis is expanding its presence at the Pyramids with the addition of offices, classrooms, specialty labs and a lounge for its growing student population.

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Logistics firm grows

MD Logistics has completed a coldstorage facility for pharmaceutical products in its hometown of Plainfield.

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Sign Craft experiences record growth

While many central Indiana manufacturers are feeling the pinch of the downturned economy, locally based Sign Craft Industries
Inc. is posting record growth this year and projecting another robust year in 2009.

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