Indiana names 14 ‘Companies to Watch’
Companies to Watch recognizes high-performing, second-stage businesses that are developing innovative products and business practices.
Government & Economic Development
Articles
Monarch affiliate gets big win in effort to sell liquor
The court decision found the Indiana Alcohol and Tobacco Commission was “arbitrary and capricious” in its 2014 decision to deny the wholesale liquor permit application of Spirited Sales, an affiliate of Monarch Beverage Co. It also takes the Pence and Daniels gubernatorial administrations to task for intervening in the case.
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Trucking giant pegs Whitestown for parts distribution center, 45 hires
A company that sold more than 160,000 trucks last year intends to spend $12.35 million to lease and equip a 283,500-square-foot facility for sending parts across the Midwest.
SEC fines private-equity firm where Bayh works record $53M
Apollo Global Management LLC—the private-equity firm where U.S. Senate candidate Evan Bayh is a senior adviser—will pay $52.7 million to settle allegations that it made misleading disclosures about fees.
Pence gets haircut during Pennsylvania campaign stop
GOP vice presidential candidate Mike Pence got a haircut at a black-owned barbershop on Tuesday before a campaign stop at a mechanical construction company, where he assured a rowdy crowd that his running mate “gets it.”
Gregg, Holcomb tout agriculture as key to Indiana economy
The candidates to become Indiana's next governor largely sided with rural interests during a forum Tuesday while discussing agriculture issues.
Pence expected to speak at opening of Trump Indiana office
It will be Mike Pence's first public campaign event in Indiana since his pick as Donald Trump's running mate was ratified by the Republican National Convention on July 19.
Indiana governor candidates to discuss farm issues at forum
Republican Lt. Gov. Eric Holcomb, Democratic candidate John Gregg and Libertarian Rex Bell are all scheduled to take part in Tuesday forum in Brownsburg.
Ken’s Foods plans $90M plant, 150 jobs in Lebanon
The company will locate in the Lebanon Business Park and pay salaries “well above $20 per hour,” an economic development official said.
State road funding panel might have private meetings
Task force co-chairman Sen. Luke Kenley says he wants all panel members to talk freely about possible options.
Holcomb keeps low profile in first month as GOP guv candidate
Lt. Gov. Eric Holcomb’s campaign says it will start running TV ads soon, and that it’s been using phone banks, door-to-door efforts and social media to reach voters. Democrat John Gregg has been advertising aggressively.
Three finalists named for open spot on state’s powerful utility board
The Indiana Utility Regulatory Commission hears hundreds of cases a year and regulates $14 billion worth of electric, natural gas, telecommunications, steam, water and sewer utilities.
Capital Improvement Board passes budget with hefty deficit
CIB Executive Director Barney Levengood implored the board not to be overly concerned about the projected $46 million shortfall. The City-County Council is set consider the budget at its Sept. 25 meeting.
EPA watchdog says government failing to study ethanol’s impact
The Obama administration has failed to study as legally required the impact of requiring ethanol in gasoline, the Environmental Protection Agency inspector general said Thursday.
Pence files personal financial disclosure form
Republican vice presidential candidate Mike Pence has filed a personal financial disclosure form that shows his salary as Indiana governor is his main source of income.
Geofeedia cuts Indy marketing operations in reorganization, loses local leader
The Chicago-based tech firm, which planned to hire hundreds in Indianapolis and considered moving its headquarters here, has streamlined local operations. Meanwhile, top local exec R.J. Talyor has parted ways with the company.
Anthem may sacrifice biz lines to get its Cigna deal
No one is sure whether Anthem and the Justice Department can hash out a settlement before the federal case to block the insurer's $54 billion acquisition of Cigna Corp. goes to trial in November.
Hogsett seeks to eliminate city pensions
Mayor Joe Hogsett wants to replace traditional pensions for future employees with a retirement option more like a private-sector 401(k) as a way to help erase the city’s multimillion-dollar deficit.
Advertising for presidential race down 60 percent, hurting broadcasters
Since late April, when Donald Trump secured the Republican nomination, $146 million has been spent on advertising in the presidential race, compared with $373 million over the same period in 2012.
Young sets Indianapolis fundraiser with George W. Bush
Former President George W. Bush will stop in Indianapolis during a fundraising trip to the state next month for Republican U.S. Senate candidate Todd Young.