Zionsville, school district make $5.7M land deal with Dow
Zionsville Community Schools and the town of Zionsville are teaming up to purchase and develop a prime piece of real estate owned by Dow Chemical Co.
Boone County
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FacadeTek eliminating 72 jobs in Whitestown
Glass fabricator FacadeTek Inc. has notified state officials that it will eliminate 72 jobs at its Whitestown facility in January.
Wal-Mart again attempting to build in Zionsville
Wal-Mart Stores Inc. has filed new plans to build a store along Michigan Road in Zionsville, six years after the town rebuffed its original proposal that drew the ire of local residents and merchants.
FedEx Ground eyeing Zionsville for distribution center
FedEx would bring a distribution complex to Zionsville under a tax increment financing deal hammered out with town redevelopment commission members on Wednesday.
Firm gives college kids the opportunity to run a painting business
Student Development Co. helps college students run Textbook Painting businesses, to learn the ins and outs of entrepreneurship. Thirty students in seven states are participating this summer, including 10 student entrepreneurs in Indiana.
Baby food maker adding 150 jobs in Lebanon
Skjodt-Barrett Contract Packaging said it plans to add the jobs by the end of September, about a year earlier than expected, due to increased demand for its products. The company has 100 employees.
Massive Anson project showing residential, retail progress
Duke Realty Corp. has retrenched at its massive Anson development in Whitestown—focusing on the most promising sections, rearranging some of its site plans, and letting land-purchase contracts expire on about 300 acres where development prospects are likely several years away.
Zionsville voters approve tax bump for school system
Zionsville voters passed a referendum Tuesday night that will hike local property taxes to provide additional school funding. Meanwhile, Johnson County taxpayers voted no Tuesday on a referendum to decide whether to help finance a $30 million library project.
Zionsville voters face lone area school-funding referendum
Zionsville’s school district is asking taxpayers to address a $2.5 million budget shortfall. Meanwhile, in Johnson County, voters will consider whether to help finance a $30 million project that includes the construction of a 70,000-square-foot library.
Zionsville might pass on full-day kindergarten funds
Superintendent Scott Robison informally recommended in March that the school system take a pass on the new funding because it still does not fully cover the costs required to expand its kindergarten program from half days to full days.
Tax caps zap schools in Zionsville; Lebanon district awash in cash
Changes made five years ago in state property-tax laws have strangled the school district in wealthy Zionsville, while schools in neighboring blue-collar Lebanon are in solid financial shape.
Former worker files federal suit against ASI
An ex-employee of manufacturer ASI Limited in Whitestown is suing the company for allegedly failing to give workers a required 60-day notice that the plant was closing. The lawsuit seeks class-action status on behalf of roughly 200 terminated workers.
Boone County officials ‘surprised’ by ASI closing
ASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer’s high-profile projects include Lucas Oil Stadium and the JW Marriott hotel.
INSIDE DISH: Patrick’s finds room at the Inn in ‘X-mas miracle’
Beth Dickerson and Patrick Mullen had one month to find a new home for their struggling restaurant and move. A lucky break at Brick Street Inn and dozens of patrons (straight out of "It's a Wonderful Life") helped make it happen.
Rise of pouch packaging to lift new Lebanon plant
Toronto-based Skjodt-Barrett Contract Packaging opened its first U.S. plant in Lebanon to meet demand from major consumer brands for baby food and fruit snacks in flexible pouches.
Mayoral race draws gifts from outside city, state
About a third of the money that flowed to Indianapolis mayoral candidates Greg Ballard and Melina Kennedy in the most recent fundraising cycle came from donors not eligible to vote in the election.
UPDATE: Medco acquisition could lead to local consolidation
It’s not yet clear how Express Scripts Inc.’s $29.1 billion acquisition of rival Medco Health Solutions will affect the companies’ central Indiana operations—or their 800-plus employees at two facilities here.
Express Scripts to buy Medco for $29.1B in cash, stock
Express Scripts Inc. agreed to buy Medco Health Solutions Inc. for $29.1 billion to become the largest pharmacy-benefits manager in the United States. Both have central Indiana operations.
Investor boosts Just Marketing’s pursuit of F1 business
Motorsports marketing guru Zak Brown believes selling about a fourth of his business to a London-based company will help fuel his phenomenal growth in the sponsorship business of Europe’s Formula One racing.
Buyer snaps up 175-acre Golf Club of Indiana
An investment group has acquired the Golf Club of Indiana in southern Boone County near Zionsville and is planning improvements to the 175-acre property.