Articles

Utility exec: Coal-gas plant’s ‘time has passed’

A utility executive told a legislative committee Tuesday that a drop in natural gas prices as a result of the nation's shale-gas boom have made a proposed southern Indiana coal-gasification plant a project "whose time has passed."

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Indiana moving slowly on lake phosphorus rules

A state effort to address phosphorous pollution that has fouled Indiana's waterways is moving forward slowly, but environmental groups' hopes for help from lawmakers is likely to be dashed this year.

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Indianapolis-area mergers and acquisitions in 2011

A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister Machinery’s purchase of a Caterpillar dealership in Michigan to Herff Jones’ acquisition of a Memphis, Tenn.-headquartered maker of cheerleading uniforms.

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Price of Indiana farmland at a premium

A once-in-a-generation combination of strong grain prices, high farm incomes and unprecedented interest in commodities investments has caused prices for agricultural acreage to skyrocket.

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ProLiance might go on block

Indianapolis-based ProLiance, a natural-gas marketer and supplier, was singed by a $57.2 million pretax loss in the first nine months of 2011, causing some analysts to wonder if majority owner Vectren Corp. will try to sell its 61-percent stake in the company.

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Bugs may be resistant to genetically modified corn

One of the nation's most widely planted crops — a genetically engineered corn plant that makes its own insecticide — may be losing its effectiveness because a major pest appears to be developing resistance more quickly than scientists expected.

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