AUG. 2-8, 2024
Indiana’s economy is on the verge of a high-tech makeover as leaders focus on snagging players in the semiconductor industry and other microelectronics. Unfortunately, few Hoosier workers have much expertise in the field. Cate Charron explores efforts to meet the industry’s workforce needs. Also in this week’s issue, Daniel Bradley digs into a plan for a 260-acre development in Zionsville that could bring 700 new homes to once-rural property. And in IBJ’s Focus section, we have some tips for negotiating raises now that the economy has regained much of its strength.
Front PageBack to Top
Push for microchips could reshape Indiana’s economy
Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors.
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Simon family expands footprint near fieldhouse
For decades, Herb Simon’s downtown investment focused on owning Pacers Sports & Entertainment and managing Gainbridge Fieldhouse. But in recent years, Simon and his family have expanded their investments and holdings in downtown’s Warehouse District.
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Wild Air project in Zionsville will be developer’s largest yet
Construction is set to begin this summer on a 260-acre development in Zionsville that will bring nearly 700 new homes to a once-rural area of the Boone County town.
Read MoreSeveral new things to try at this year’s Indiana State Fair
With 15 new activities, more than 40 new food or drink items and nearly 20 musical artists making their debut this year, there’s plenty new to see and do, even if you’re a state fair veteran.
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Derek Schultz: Run, Richardson! Run!
That’s because, while Richardson might still have a high ceiling as a passer, the most NFL-ready asset he brings to the table is his running ability.
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Indiana 250: Katie Jenner
Katie Jenner leads the Indiana Department of Education and chairs the State Board of Education, overseeing a budget of more than $10 billion, more than 2,200 schools, 1.13 million students and 80,000-plus teachers and administrators. She has secured a $170 million investment in literacy, allowing the department to deploy solutions aimed at achieving Indiana’s goal of 95% of […]
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Made in Indiana: Jet-Puffed Marshmallows by The Kraft Heinz Co.
History: Kraft established its manufacturing presence in the northern Indiana city of Kendallville in 1935, initially producing caramel candies. The operation began making Jet-Puffed products in 1961 and has since scaled up its production of “marshmallow innovations.” Now, over 400 hourly and salaried employees, whom the company calls “the guardians of our beloved and nostalgic […]
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Demolition of downtown’s Jail I set to begin in October
A request for proposals from developers for the 2-acre site is expected to be issued in 2025.
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Trilogy Health to expand senior housing in Noblesville, Mooresville, Greenfield
The expansion projects in three central Indiana communities are part of a larger investment the company said it is making across the Midwest to senior living and assisted living services in Indiana, Kentucky, Michigan and Ohio.
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Lieutenant governor candidates to meet at agriculture-themed debate
Agriinstitute, a Danville-based agricultural advocacy group, will host the Aug. 13 debate. It’s scheduled to begin at 3 p.m. at the Indiana State Fairgrounds’ Purdue Extension Building.
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Mayor asks to withdraw plan to guide development in Zionsville’s South Village
Zionsville Mayor John Stehr told IBJ on Tuesday that he does not believe there is currently enough consensus about the development plan among council members.
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Groups launch hospital-linked violence intervention program
The program aims to reduce the likelihood of future violence by engaging victims of gun violence and their families with long-term services and support.
Read MoreFocusBack to Top
Tips for workers seeing a raise—and for managers considering the request
Information is the key to a confident and successful negotiation for both sides, experts say.
Read MoreOpinionBack to Top
Editorial: Medicaid funding hole provides incentive for cigarette tax hike
The additional money would give lawmakers a lot more wiggle room as they prepare to craft the next two-year state budget and look for ways to provide additional funding for K-12 education, roads and more.
Read MoreNate Feltman: Vice President Pence opens up on podcast
With a presidential bid in the rearview mirror, and enough time and distance from Jan. 6, 2021, Pence is genuine, relaxed and clearly at peace with where he finds himself today.
Read MoreWendy Dant Chesser: New diploma requirements will challenge business owners
We need lifelong learners who can solve problems and innovate. The exercise of learning subjects like world history might not serve students directly in employment, but it helps them learn how to think.
Read MoreJames Shoemaker: Why insurance denying coverage for an ER visit is illegal
The prudent layperson standard—or the PLP—requires health insurance coverage based only on the symptoms the patient presented with at the time, not on the final diagnosis.
Read MoreBarb Cutillo: Empowering owners to drive growth in their communities
A coalition of concerned organizations—including the Kelley School of Business, the Indy Chamber of Commerce, the Indy Black Chamber of Commerce and Mid-States Minority Supplier Development Council—decided to work together to support small businesses by doing what we individually do best for the business community.
Read MoreMickey Kim and Roger Lee: Will ‘boomer candy’ give your portfolio cavities?
According to The Wall Street Journal, the latter category was almost nonexistent four years ago (before the SEC’s new rules) but has exploded in popularity, taking in $31 billion of new investor money over the past 12 months and bringing total assets to $120 billion.
Read MoreCecil Bohanon and John Horowitz: Organizations must plan to prevent problems
It is difficult for businesses and individuals to forecast all risks.
Read MoreIn BriefBack to Top
Howl & Hide fills special order for U.S. Olympic women’s basketball team
Indianapolis-based leather goods manufacturer Howl & Hide Supply Co. made personalized passport wallets for A’Ja Wilson and her Olympics teammates.
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Holcomb hints at more possible trade trips in final months as governor
After spending the last week on a trade trip in Australia and Singapore, Indiana Gov. Eric Holcomb told reporters he plans to “maximize” his final months in office.
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School for the Blind names former board chair as superintendent
James Michaels, a longtime leader at Bosma Enterprises, will succeed James Durst, who is retiring Sept. 30 after 35 years in the position.
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Venture capital investment in Indiana’s tech sector continued to swell in 2Q
According to TechPoint’s second-quarter Indiana Tech Venture Report, last quarter’s deal value rose to more than $216 million, towering over the $47 million posted in the second quarter of 2023.
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