Anderson siblings buying city’s Mounds Mall
Two Anderson siblings are buying the city’s Mounds Mall from the Florida-based company that has owned it for the past six
years.
Regional News
Articles
GE laying off 160 workers at Bloomington factory
General Electric is laying off 164 workers at a southern Indiana refrigerator factory, although that is about 30 fewer than
the company had anticipated.
Civic Theatre considering move to Carmel
Indianapolis Civic Theatre, one of the city’s oldest and largest cultural organizations, is considering a move to Carmel’s
new performing arts center. Civic informed its current host, Marian University, yesterday of pending negotiations with the
Carmel Performing Arts Foundation.
Nucor Steel struggling to strike new power deal with Duke Energy
After two years of fruitless negotiations, the Crawfordsville steel mill has asked the Indiana Utility Regulatory Commission
to intervene. More than 700 jobs depend on Nucor and Duke striking a deal.
Latin market and tapas bar opening in Fishers
The new market, which will also offer catering services, is in a strip center owned by locally based
Centre Properties and anchored by Beauty Brands and Panera.
Auto supplier set to accelerate with seat-control software
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.
Auto parts supplier coming to Plainfield, plans to create 30 jobs
Chicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center
in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.
Region’s expertise in hybrid cars goes beyond high-profile players
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.
Sweetener company Heartland looks for openings in crowded field
Heartland Sweeteners LLC is now a top maker of private-label alternatives to Splenda. The company also
markets its own products directly to consumers.
Delaware County joins Central Indiana Regional Transportation Authority
Delaware County’s representative on the CIRTA board will be Marta Moody, executive director of
the Delaware-Muncie Plan Commission.
Downtown apartment complex expanding
The developer of The Waverley apartments downtown has filed plans to expand the complex because of high demand for one-bedroom
units.
Oak Street Funding raises $50 million in new capital
German group invests in Carmel-based company that specializes in financial services for insurance agencies.
Potential Harley-Davidson plant could become tourist attraction
The so-called Shelbyville site Harley-Davidson is considering for a new assembly plant actually isn’t in Shelbyville,
but rather in an unincorporated portion of Shelby County near the Marion County line.
Kansas City out of running for Harley-Davidson plant
Central Indiana’s chances for landing a Harley-Davidson motorcycle plant have been improved by the elimination of Kansas
City from the list of potential sites.
Delaware County latest to join public-transportation group
Delaware County has become the 10th county to join the Central Indiana Regional Transportation Authority, the quasi-governmental
organization announced today.
University Loft plans 30 jobs in Greenfield
Indianapolis-based University Loft Co. expects to add 30 full-time jobs at its Greenfield manufacturing facility thanks to
a federal pact with the U.S. Marine Corps. The company recently was awarded a multi-million-dollar contract to supply metal
furniture for the Marine Corps’ Camp Lejeune base in North Carolina.
Purdue business school dean to step down
Richard A. Cosier, dean of Purdue University’s Krannert School of Management for the past decade, plans to leave the post
June 30, 2010, the university announced today.
Bloomington’s Kilroy’s opening downtown Indianapolis outpost
Restaurateur Paul Murzyn has signed a lease for the 8,700-square-foot, first-floor
space at 201 S. Meridian St., a historic building with luxury condos upstairs.
Two businesses open at Flagship Enterprise Center
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.
Kokomo plants benefit from ‘clunkers’ program
The federal government’s popular Cash for Clunkers program that ended Monday gave a boost to Kokomo’s Chrysler
plants.