An 11th-hour deal struck before the end of Indiana's yearly legislative session will give Gov. Mike Pence just a fraction of the $1 billion he proposed spending to make state highway improvements.
Publicly traded Celadon Group Inc. has had its headquarters at East 33rd Street and Mitthoeffer Road in Indianapolis since 1996. The company is looking elsewhere because that 40-acre site has no room for expansion and is landlocked.
GOP leaders said Wednesday that the deal will be a two-year agreement expected to pump about $1 billion into highway and road spending while allowing local governments to implement their own vehicle registration taxes.
Allegiant will start offering the year-round flights between Indianapolis International Airport and Jacksonville International Airport on June 2.
Athlete's Business Network, which wants to build a $500 million medical complex at the airport, had listed Scott Gorman as president of its substance-abuse unit. His name was removed after IBJ reported he did not hold a state license in addiction recovery or a college degree.
Efforts by the Indiana House to finance infrastructure improvements by raising taxes increasingly appear to be doomed during the legislative session that wraps up this week.
Legislation for road improvements that would also fund a key piece of Gov. Mike Pence’s agenda passed the Indiana House on Wednesday, but not by a large margin.
The leadership team at Athlete’s Business Network, a startup that wants to develop a massive sports-medical complex near the Indianapolis International Airport, doesn’t have much experience in such projects.
The fiscal body of the county was the last approval needed for the $124 million project. Fishers and INDOT are also providing funding.
Andy Mohr Automotive Group Inc. has acquired Stephens Honda and Stephens Hyundai in Bloomington, the Indianapolis-based dealer announced Wednesday.
The Indianapolis-based dry bean and soup packaging company is planning to invest $5.8 million to construct a 67,000-square-foot manufacturing and distribution center at 10505 Bennett Parkway.
Indiana House Republicans are tying Gov. Mike Pence’s extra Regional Cities funding to the bill, along with a 13th check for pensioners.
Indianapolis-based Republic reached a watershed contract agreement with pilots last October, but it wasn’t enough to allow the carrier to regain its financial footing. Republic shares plummeted on news of the bankruptcy filing.
Landing the nonstop flight to one of the busiest airports in the world—and a major international hub—would be a boon for Indianapolis International Airport, which is highly rated for its quality but has been criticized by businesses for its lackluster selection of international nonstop destinations.
Tesla Motors Inc. prevailed Thursday in Indiana, where lawmakers sidelined a bill that would have kicked the company out of the state unless it establishes dealerships.
Tesla Motors Inc., which has long skirmished with auto dealers over its practice of selling cars directly to consumers, has accused General Motors Co. of being the driving force behind a bill to kick Tesla out of Indiana.
The tucked-away location may be hurting the performance of the garage, which is part of a $40 million development that included a $29 million hotel and quiet-zone railroad crossing work intended to lessen train horn noise.
Saying it was “gravely disappointed,” the company proposing a $500 million medical complex warned Friday morning that it would “explore other options” while airport officials spend more time examining the deal.
A vote on a proposal to build a $500 million medical complex at Indianapolis International Airport has been delayed so the board can take another look at the plan. The delay was announced after an IBJ story raised questions about the track record of the executive behind the plan.
The city of Fishers is investing tens of thousands of dollars in a consulting firm to address needs of businesses along State Road 37, which is expected to be redesigned into a free-flowing parkway, even though construction is at least two years down the road.
