Businesses say the money they must pay to provide customers the convenience to use plastic adds up. For example, Ricker Oil
Co. paid a whopping $3.9 million in 2009, according President Jay Ricker.
The district’s school board voted 6-1 Tuesday night for a plan using the Anderson High School building for grades 10-12 starting
next fall. The Highland High School building will house grades 7-9.
The former business manger of a central Indiana factory has been sentenced to two years in prison for embezzling $700,000.
Indianapolis-based Centaur LLC, owner of Anderson’s Hoosier Park horse track and casino, missed a $13.4 million interest payment due Tuesday on its more than $400 million in outstanding debt, putting the company in default with its lenders.
The Central Indiana Regional Transportation Authority, IndyGo and other Indianapolis-area transit groups are the subject of
a study that could result in them being reorganized.
Ivy Tech Community College will build a $20 million campus along Interstate 69 in Anderson, school and city officials
announced Tuesday.
Six hospital systems, including three in Indiana, have agreed to pay the federal government $8.3 million to settle a whistleblower
lawsuit alleging the hospitals deliberately overcharged Medicare for routine back surgeries.
Spencer Lapidary expands offerings to include stained glass and silver.
Engineer Refaat "Ray" Kammel’s Anderson engineering firm has received a $2-million grant from the Indiana Department of Economic Development to start manufacturing a patented device that will help old trucks meet new federal emission standards.
Two Anderson siblings are buying the city’s Mounds Mall from the Florida-based company that has owned it for the past six
years.
A company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce
a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules
that could be used in most any car with a power seat.
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several
other players poised to be big players in the sector. In fact, few realize that North America’s largest producer
of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
The Anderson-based Flagship Enterprise Center is on a roll. In the last two months, the small-business incubator
and growth-stage accelerator signed up two new clients: software developers Soveryn Inc. and Coeus Technology.
Indiana’s share of tax money generated by the state’s 13 casinos is expected to remain relatively flat for at
least the next few years, a state fiscal analyst told Gaming Study Committee members this morning.
Economic development officials like the stability of the food business, though wages typically are mediocre.
Indiana’s struggling gambling industry didn’t get the relief it sought during the special session of the Indiana General Assembly. But embedded within the budget bill approved June 30 is a provision creating a gambling summer study committee. Its recommendations, due by Dec. 1, may make or break several of Indiana’s casinos.
The city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant
in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The
company already has launched an expansion slated for completion in 2011.
Even for those with
a vested interest in the battle over a proposed landfill near Anderson, it’s hard to get too worked up over the latest twist
before the courts or government agencies. After all, the Mallard Lake Landfill battle is in its 29th year.
The next few weeks will be critical for the state’s two new racinos, which need to open with a splash to meet their ambitious
projections of drawing more than 3 million visitors apiece annually. Hoosier Park in Anderson will open June 2, and Indiana
Downs in Shelbyville will follow a week later.
During their first half-decade in operation, the state's casino slots machines grew their total sales to $22 billion,
according to Indiana Gaming Commission records. But in the last five years, slot sales grew just 18 percent, reaching $25.9
billion in 2006. That's what business textbooks call a maturing market.
