INDOT rejects Monroe County plan excluding I-69
In the latest turn in the battle of wills over the $3 billion highway connecting Indianapolis to Evansville, department officials nix plan because it excludes Bloomington-area section of the expansion.
Economic Development
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Senior housing project replacing retail center
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
Mine operator to expand Gibson County operation
The new operation should be running in 2014 and will produce up to 3.3 million tons of coal a year. The mine is expected to employ 310 miners when it opens.
Indiana life sciences leaders look toward the future
Former Eli Lilly and Co. vice president Richard Dimarchi, BioCrossroads President David Johnson, angel investor Oscar Moralez and Purdue University Senior Vice President Alan Rebar discuss issues ranging from the depth of the life sciences industry in Indiana to venture capital and Purdue’s Discovery Park.
Tech district could boost Indianapolis’ convention business
The Indianapolis Convention & Visitors Association plans to attract more life sciences conferences.
Grant to fund economic reports for Wabash County
Manchester College students and two recent graduates will create economic reports designed to help northern Indiana's Wabash County attract new business and industry.
Ohio governor vetoes bill on Great Lakes water use
Gov. John Kasich vetoed a bill Friday that would have allowed Ohio factories to pull more water out of Lake Erie, amid pressure from governors from other Great Lakes states who expressed concerned about the measure.
Bush Stadium rehab is Watson’s latest creative project
Longtime Indianapolis developer launches spirited attempt to save baseball palace.
Cities weigh new law allowing bigger tax breaks
Communities across the state are trying to decide how they will use a new law that provides them more flexibility to employ economic development incentives but could increase pressure to give companies more tax breaks.
Purdue Research Park nears capacity
Purdue just added a large tenant to the Indianapolis research park, bringing the total to 14.
Navistar seeks more tax breaks after old deal failed
The company, which had planned to close its Brookville Road plant, now is set to create 250 new jobs by investing $19 million in new equipment. It previously received $18 million in tax breaks and repaid $5 million to the city.
Hospital bed repair firm plans Indiana expansion
A company that reconditions hospital beds plans to expand its operations in southeastern Indiana and potentially add 55 jobs in the next couple of years.
Lafayette, Logansport groups want China trade
Greater Lafayette Commerce and the Logansport-Cass County Economic Development Foundation will work with Purdue University to develop strategic plans designed to expand trade and investment with China.
Crystal products maker plans expansion, 41 jobs
St. Regis USA Inc., a manufacturer of hand-etched and hand-painted glass and crystal products, plans to expand its operations in Indianapolis, creating up to 41 new jobs by 2014, the company said Thursday.
Container maker Arrow to expand, add 65 jobs
Corrugated container manufacturer Arrow Container LLC plans to expand operations at its Indianapolis headquarters, more than doubling its staff over the next four years.
Bloomington to buy downtown land from Indiana University
The city hopes to buy the 12 acres—previously earmarked for a research hub—for $9.3 million and then sell it to a developer.
Stonegate Mortgage to relocate growing firm to Indianapolis
Stonegate Mortgage Corp. will move its growing operation to Indianapolis in the next few months after a deal to expand in Fishers fell through.
City leaders look to 16th Street as future tech hub
Officials on Thursday shared details of a long-term plan to redevelop an industrial stretch northwest of downtown with the goal of attracting hundreds of residents and dozens of high-tech companies to the area.
2010 was great for Indiana’s 100 largest companies
Despite enjoying rising revenues and profits, companies haven’t followed with big increases in job numbers.
Positron plans $55 million cyclotron project, 80 jobs
Medical imaging equipment maker Positron Corp. has agreed to move its operations to Noblesville, where it plans to invest $55 million to open a high-tech facility that will make isotopes used in cardiac PET scans.