Remy International reports lower third-quarter profit
The Pendleton-based company filed plans in March to raise up to $100 million through an initial public offering.
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Bright Automotive signs AM General to build hybrid vans
The northern Indiana factory where AM General once made H2 Hummers could be building plug-in, hybrid cargo vans under a deal with Anderson-based Bright Automotive announced Friday.
Anderson racino emerges from bankruptcy
The parent company of Anderson racetrack and casino Hoosier Park has officially emerged from bankruptcy. The original shareholders of Centaur Inc., about 80 individual Indiana investors, lost their entire investment in the company.
Anderson’s GM culture, poor health blamed for high medical costs
Residents of the Anderson area—when they paid with health insurance provided by an employer—spent 76 percent more on health care in 2009 than the average American with employer health insurance, highest among all metropolitan areas in the nation.
Tax bills spur eBay listing for Anderson office buildings
Two investors stung by soaring property taxes have listed three Anderson office buildings on eBay in hopes of drumming up interest in the $4.5 million package deal.
Colts to keep camp in Anderson for 5 more years
The Indianapolis Colts announced Tuesday they had agreed to a five-year deal that will keep training camp at the Division III school northeast of Indianapolis through 2016.
Big-box connection helps duo fight microbes
An Anderson-based company plans to take on popular disinfectants like Lysol with a mold-preventive product that its two founders have already convinced national home-improvement chain Home Depot to sell.
Mike’s unveils new design for new carwashes
Two new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
Red Gold moving headquarters to Elwood
The Orestes-based company—the nation’s second-largest tomato canner—on Tuesday announced plans to invest $3.5 million to convert a former Elwood elementary school into a new corporate headquarters.
Anderson firm to sell antimicrobial product in big box stores
Coeus Technologies has begun selling its Ultra7 product through HomeDepot.com.
Wind farm may fan economy in Madison County
E.ON Climate & Renewables North America is planning some 75 wind turbines as part of Madison County’s first commercial wind farm, one that could temporarily employ 150 construction workers and bring a dozen permanent jobs.
Alexandria working on factory deal with defense contractor
Alexandria Mayor Jack Woods said plans are for Maryland-based Floatograph Technologies to buy the former U.S. Pipe facility from the city and then repair and remodel the factory. The plant could eventually have 100 workers.
IBM may add workers to Indiana call center
Economic development officials say IBM Corp. could add several hundred workers to a call center it operates near Anderson.
Indianapolis angel investors land at Flagship Enterprise Center in Anderson
Capital from members of StepStone Angels could fund business incubator’s tenants.
Remy International files plans for public offering
Pendleton-based manufacturer Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, has filed plans to raise up to $100 million through an initial public stock offering.
Group begins work to save historic Wigwam gym
The Anderson School Board voted 6-1 this month to shutter the 9,000-seat Wigwam gym complex at the end of current school year as part of a wider budget-cutting plan that includes cutting 65 teachers' jobs.
Northstar Aerospace closing Anderson plant; 48 jobs lost
Workers will be let go in three stages beginning May 1, and the plant is expected to permanently close by June 24.
Anderson schools to close ‘Wigwam’ basketball venue
The Anderson School Board voted 6-1 Tuesday to shutter the 9,000-seat Wigwam gym complex at the end of current school year as part of a wider budget-cutting plan that includes cutting 65 teachers' jobs.
Court OKs reorganization plan for Hoosier Park owner
Hoosier Park Racing & Casino owner Centaur LLC last week won court approval of its plan to cut debt by about $636 million and exit bankruptcy.
Census: Home vacancies follow job losses in Indiana
North-central and east-central Indiana, which absorbed the brunt of the job losses, also showed the highest percentage of unoccupied homes.