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A new president and CEO has been appointed at American Commercial Lines, the big barge builder headquartered in the southern Indiana city of Jeffersonville, after the company reported a plunge in profit. Michael Ryan, the company’s senior vice president of sales and marketing, will replace Mark Holden on March 1, the parent of Jeffboat said […]
Wheeler Mission Ministries broke the unsettling news yesterday that it is laying off 13 staff and shifting
its ministries for youth and families to another charity in order to minimize an anticipated operating deficit.
Why? Donors are worried about…
Last year, Bloomington’s downtown netted 18 new businesses, with 25 businesses opening and seven closing, according to The Herald Times, citing a report issued by Bloomington Downtown Inc. The report also said eight companies expanded and 12 buildings were renovated. Downtown commercial space is 95-percent occupied, the report said. The positive numbers from 2007 continue […]
A plant in Greenwood operated by Mitsubishi Heavy Industries Climate Control Inc. will close in September because the company lost a key contract with an undisclosed customer, according to the Daily Journal of Franklin. Some of the 60 workers might be transferred to a plant operated by the company at its headquarters in nearby Franklin. […]
We’re getting closer to the point where Indianapolis-area theater companies and presenters announce their 2008-2009 seasons.
Already, Footlite Musicals has staked out territory that includes “Crazy for You,” “Miss Saigon” and—the one I’m most looking forward to—the local community theater premiere…
A venerable downtown homeless shelter plans to shed programs and lay off staff to minimize a rising tide of red ink. Wheeler Mission Ministries announced today that it will transfer a youth program and a separate family-service program to Shepherd Community Center at the end of the month. Shepherd, also a Christian ministry, focuses on […]
A large group of Bloomington doctors has reached an agreement in principle with Anthem Blue Cross and Blue Shield in Indiana that will keep the doctors in Anthem’s provider network. The agreement means Anthem customers will continue to receive discounted rates at Internal Medicine Associates, a group of 55 primary care physicians and five nurse […]
Community Health Network and health insurance giant UnitedHealthcare said today that they’ve settled their spat. UnitedHealthcare said it has negotiated a new multi-year contract with Community that gives its members ongoing access to the hospital network’s 170 physicians, along with access to its medical facilities. The facilities include Community hospitals east, north and south as […]
The debate over making Indiana employers responsible for illegal immigration will live to see another day. This morning, the House Public Policy Committee voted 7-4 to pass an amended version of a Senate bill that aims to crack down on illegal immigration by targeting their employers. Under the version passed by the committee, some language […]
With its season opener six weeks away, the Indy Racing League is getting some preseason exposure from an unlikely source. During the run-up to NASCAR’s biggest race, the Daytona 500, the spotlight shined on two IRL alums vying for the…
Wondering what happened to all those Preston’s Rocks commercials and billboards? After three years in business, local jeweler Reis-Nichols has given up on the spinoff, all-diamond concept. The store, in…
Lots going on this week, from a new play opening at the Alley Theatre to African Footprint at the Madame Walker.
Me, I had my first Storytelling Arts experience at the Indiana Historical Society, visited the Indianapolis Art Center and caught…
Massachusetts-based Equity Industrial Partners Corp. has bought a 630,000-square-foot industrial building at 7900 Rockville Road from Covington Capital Corp. of Columbus, Ohio, for undisclosed terms. The multi-tenant Rockville Business Center is 97-percent leased. Mark Writt of CB Richard Ellis represented both sides in the transaction. Covington acquired the building, which had once housed a manufacturing […]
Evansville-based sporting goods maker Escalade Inc. is shutting down a children’s archery line because a needed investment in upgraded equipment would be too expensive. Instead, Escalade will import the line from China. The company will lay off 25 workers in Evansville as a result, according to the Evansville Courier & Press. Escalade, which also makes […]
Special census nets Carmel millions HAMILTON COUNTY – The city of Carmel is clearly one of the fastest-growing in Indiana. But now, thanks to a special census, its leaders know exactly how fast. In just seven years, Carmel’s population has increased 35 percent. As a result, the city will receive an extra $3.5 million in […]
TIPPECANOE COUNTY Lafayette seeing boom in nonresidential construction Aging utility company facilities and power plants in the Lafayette area that need updating are creating a boom for construction work, according to a recently released study by McGraw-Hill Construction, a New York firm that tracks the industry nationwide. The area’s nonresidential construction industry also is getting […]
HANCOCK COUNTY Browning wants sweets The Hancock County Economic Development Corp. plans to ask the county council for tax incentives on behalf of Indianapolis-based Browning Investments for two speculative buildings the developer is eyeing for the booming Mount Comfort area. The value of the incentives was not immediately available. The request involves one building originally […]
JOHNSON COUNTY Greenwood retail store closes A landmark since it opened in 1978, Value City in Greenwood is closing its doors, officials for the store’s Columbus, Ohio-based parent company said earlier this month. The store, across U.S. 31 from Greenwood Park Mall, will shut down within six weeks, said Value City spokeswoman Kristin Mack. The […]
MADISON COUNTY Anderson tries for new image Anderson wants to change the way people think about the Madison County city. So it’s changing its motto from “The Right Place” to two tag lines that will be used in city communications and by its economic development department. The city will use “Performance. Talent. Inspiration.” in its […]
BOONE COUNTY Firm’s study will measure economic impact of park The Boone County Economic Development Corp. is commissioning a study to determine the Lebanon Business Park’s economic impact on the community. Boone County EDC is paying the Katz Sapper & Miller LLP accounting firm in Indianapolis $15,000 to conduct the report, which should be finished […]
