SW Indiana leaders say area must seize I-69 prospects
The opening of the Interstate 69 extension's first section in southwestern Indiana next week presents economic opportunities that some business and government leaders say the area must seize.
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Study: Indiana’s airports contribute $14.1B in economic output
A new study says the state’s 69 public airports support more than 69,000 jobs–about 30 percent of which are tied to Indianapolis International Airport.
CountryMark buying oil, natural gas operations for $125 million
Indianapolis-based CountryMark Cooperative Holding Corp. said Friday morning that it has agreed to pay $125 million to purchase a portion of the oil and natural gas operations of Continental Resources Inc. in Oklahoma City.
Mass-transit advocates make headway in new Legislature
The $1.3 billion transit plan for Hamilton and Marion counties is one of a few lingering issues — along with Sunday alcohol sales and a constitutional amendment banning same-sex marriage — likely to appear before lawmakers in 2013.
Suzuki files bankruptcy, leaving U.S. market
The decision will affect two dealerships in the Indianapolis area: Bob Rohrman’s Indy Suzuki and Used Car Superstore and the Ray Skillman Westside Auto Mall, both of which sell new Suzuki vehicles.
Indiana’s oldest ethanol plant shuts down, idling 40
High corn prices, large ethanol inventories, lower gas prices and lower fuel demand were factors cited for the shutdown.
New nonstop flights from Indy to Houston take off
Southwest Airlines on Sunday launched twice-daily nonstop service between Indianapolis International Airport and Houston Hobby Airport, marking the first direct flights between the two airports.
Interstate 69 extension under budget, set to open
The 67-mile stretch of Interstate 69 connects communities from just northeast of Evansville at Interstate 64 to the U.S. 231 interchange near the Crane Naval Surface Warfare Center.
Republic Airways profit jumps on Frontier restructuring
Third quarter earnings at Republic Airways Holdings Inc. soared 186 percent over a year ago in the wake of restructuring its Frontier Airlines unit, the Indianapolis-based company announced late Wednesday.
Republic plans cost-saving changes for Chautauqua
Republic Airways Holdings Inc. said Wednesday that it has worked out changes to its Chautauqua regional airline business that will save it roughly $45 million per year over the next five years.
Hurricane cancels dozens of flights in, out of Indy
Major airlines on Monday called off 38 flights departing Indianapolis to several airports in New York, Newark, Philadelphia and Washington. Airlines also canceled 36 flights scheduled to arrive in Indianapolis the same day.
Republic Airways inks aircraft deal with Caesars
Republic Airways Holdings Inc. said Friday that it had agreed on a three-year deal with casino giant Caesars Entertainment Corp. to operate five Embraer E190 aircraft that will provide more than 1,500 flights each year for Caesars' customers.
Charter airline proposed by local entrepreneur on investment firm’s radar
Legacy Travel Club finds believer after months of fruitless fundraising locally.
Celadon Group’s quarterly profit jumps 50 percent
Indianapolis-based trucking company Celadon Group said fiscal first-quarter profit rose to $8.3 million due to higher freight revenue and lower operating expenses.
Wisconsin firm consolidates into Plainfield, plans 50 new jobs
Regal Beloit Corp. said it plans to move operations from multiple Midwestern warehouses into a new, 376,000-square-foot warehouse in Browning Investments' and Duke Realty Corp.'s AllPoints Midwest industrial park.
Shortage of nonstop flights imperils convention biz
Indianapolis’ dwindling number of nonstop flights—especially to the West Coast—threatens to stunt the city’s convention business just as officials are marketing the expansion of the Indiana Convention Center and downtown’s hotel market.
Airport’s ground game fueling tensions
The Indianapolis Airport Authority’s aggressive effort to stop an Ohio firm from building a parking facility beyond airport boundaries has neighbors worrying the municipality will unleash its lawyers on virtually any nearby business deemed a threat to airport revenue.
UPS Foundation providing $50,000 for technology program
The Hire Technology manufacturing-logistics curriculum was developed by Conexus in partnership with Ivy Tech Community College.
Airport postal facility to keep on trucking
The Indianapolis Airport Authority board on Friday is expected to vote on a lease with Wilmington, Ohio-based LGSTX Distribution Services to continue operations at the hub through at least November 2014.
Local leaders look to save Amtrak route in Indiana
Local government and business leaders are working to support continuing daily Amtrak passenger trains between Chicago and Indianapolis that could end because of a federal and state funding dispute.