Alabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open the first locomotive manufacturing and assembly plant in the United States in many years.
St. Louis-based Ascension Health announced Friday morning that it would open a professional service center in Indianapolis, creating up to 500 jobs by 2013.
City officials are hoping that privatizing the Major Taylor Velodrome, which now is in disrepair, will breathe new life into the cycling venue built in 1982 as a key part of Indianapolis’ efforts to become a sports capital.
Venture funds nationwide crested at $100 billion in 2000, but that number last year had drooped to $18 billion.
J.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
The Indiana State Ethics Commission, which has been under fire for allowing a state regulator to take a job with a utility, has a long history of lenient decisions.
The revised plan calls for less money up front, more over the life of the contract and more flexibility to terminate the 50-year deal early.
Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.
Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving.
The FBI also will have special agents available to receive allegations of election fraud or discrimination.
David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, is facing an administrative complaint from the Indiana Securities Division, which alleges 13 violations for unethical, dishonest and deceptive practices.
Cummins Inc. announced Tuesday that it will expand its headquarters in Columbus, adding at least 350 professional employees during the next 18 months to support global operations.
U.S. Attorney Joe Hogsett says he'll ask "the appropriate federal agency" to review an ethics dispute that has embroiled the Indiana Utility Regulatory Commission and Duke Energy Corp.
Delphi Electronics & Safety is moving ahead with a $28 million investment in its Kokomo operations, city officials said this week.
The CIB’s $73.1 million budget, which included a $10 million payment to the Pacers for the operation of Conseco Fieldhouse, passed by a 15-14 vote.
Indiana Senate Democrats, long considered the last bastion of liberal thought in state government, are in danger of becoming politically irrelevant after the Nov. 2 election—something they say would disenfranchise nearly 2 million Hoosiers who live in their districts.
The Capital Improvement Board’s controversial spending plan will face its final trial Monday night as the City-County Council takes up the city’s $1.1 billion budget for next year.
Indiana’s unemployment rate in September was 0.1 percentage point lower than in August and the same as it was the same month last year. But it remains above the national rate of 9.6 percent.
A push to eliminate township government will return to the Statehouse next year—this time with a better shot at success. Township reforms, which have been vigorously debated but never passed, have been touted as a way to make government more cost-effective.
Plunging into the economics of diapers and pre-literacy programs hardly filled me with gleeful anticipation (though for the record I am a wicked-good diaper changer).
