Moody’s upgrades outlook for Indianapolis Airport Authority
New agreements with airlines, presence of FedEx contribute to improving financial picture.
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Tensions rise between pilots, management at Republic Airways
The two sides are trying to replace a labor contract that became amendable in 2007.
Drought deals blow to ethanol industry
Indiana’s 13 plants distilling the automotive fuel ethanol could soon be sputtering as drought dries up the supply and boosts the price of corn, their main ingredient.
Manufacturers help schools fill training void
Manufacturers—bedeviled by an underskilled labor force—seek highly trained graduates. Career centers—struggling with funding cuts—seek support from companies so classes can keep operating.
South Street to close near downtown CityWay project
A portion of the busy downtown street will close through the summer beginning July 9, and lane restrictions will be in effect on Delaware Street as part of a road-improvement project near the CityWay mixed-use development.
UPDATE: BrightPoint sale follows tough stretch for firm
Given the soft cell phone market and Brightpoint’s recent struggles, a sale to California-based Ingram Micro for about $840 million makes sense, analysts say. The two companies announced the acquisition early Monday morning.
UPDATE: Brightpoint’s planned sale spawns uncertainty
The $840M deal, which would eliminate one of Indiana’s six Fortune 500 companies, is casting uncertainty over Hendricks County, where the company is one of the largest employers.
State scrubs contractor-financing plan for U.S. 31
INDOT still plans to complete project three years sooner with traditional financing.
Ahoy! Cargo traffic up at state’s ports
Large increases in maritime shipments interpreted as good sign for Indiana economy.
Accusations fly between Republic Airways and union
Company pulls request to block Teamster website as union ramps up fight in its own lawsuit.
Commuter matchmaker changes name, broadens service
Central Indiana Commuter Services becomes Commuter Connect, expects to work more closely with employers.
Push under way to revise Indiana’s road funding
A growing drop in revenue from Indiana's gasoline tax is fueling a push for state lawmakers to rethink how local road and bridge maintenance is funded.
Indianapolis airport getting gas station
A long-awaited gas station at Indianapolis International Airport is to open by the middle of next year. Plans call for the facility to include a fast-food restaurant, service bay and car wash.
Local logistics provider FitzMark plans to add 30 jobs
Indianapolis-based FitzMark Inc. said it will fill the customer service and purchasing positions by the end of the year. The company was founded in 2007 and has grown to $25 million in annual revenue.
Indianapolis fastest-growing companies run the gamut
This year’s list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging from human resources to office furnishings to construction to home health care and games.
Citizens Energy looking to fuel big rigs
Local utility trust Citizens Energy Group plans to sell liquefied natural gas for use in cross-country semi trucks as a lower-cost alternative to diesel fuel.
Mo-ped sales on the rise amid high gas prices
Mo-ped sales at Indianapolis-based Midwest Scooters have doubled within the past six months, said Steve Schafer, the store's general manager.
UPS plans $10 million upgrade on northwest side
United Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
Proposal calls for city planners to consider non-drivers
Planners designing roads would formally be required to look beyond the needs of motorists and pedestrians—to also consider bicyclists and public transportation users—under an ordinance to be considered Monday night by the City-County Council.
Murphy USA opens quick-charging stations for electric cars
Speed is thought to be an obstacle to the widespread adoption of plug-in vehicles.