Articles

Waterworks proposes 35-percent rate hike

The Indianapolis Department of Waterworks today unveiled a capital-improvements proposal that would raise water rates for
the average residential customer by 35 percent, or $8 a month.

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City becomes hub of ‘cryo-cooling’ for truck trailers

Indianapolis is the new operating headquarters of a Ukrainian-American venture producing refrigeration units for semi trailers.
The move comes with the naming this spring of Thomas Roller as president and CEO of Ukram Industries. Roller is known locally
as former CEO of Indianapolis-based Norwood Promotional Products and of Fruehauf Trailer, which was based here in the 1990s.

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Indiana mine operations to close, costing 80 jobs

Peabody Indiana Services LLC notified the Indiana Department of Workforce Development on Monday that it will close its surface
mine operations at Francisco in southwestern Indiana, putting about 80 employees out of work.

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Insurer fires latest round in $125M utility case

John Hancock Life Insurance Co. today asked a federal judge to force Hoosier Energy Rural Electric Cooperative to post an
additional $20 million in escrow as the utility continues to challenge a $125 million claim against it by the New York-based
insurer.

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Architecture firms launch energy venture

Architectural and engineering firm Schmidt Associates Inc. and mechanical contractor Johnson Melloh Inc.
have partnered to form Energy Solutions by JMS, which will promote energy-savings programs to school
districts, libraries and units of local government throughout the state.

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You are green: Now what?

IBJ Daily readers are keenly interested in environmental issues, if a poll conducted by IBJ in conjunction with Walker Information
is any indication.

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Region’s expertise in hybrid cars goes beyond high-profile players

Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several
other players poised to be big players in the sector. In fact, few realize that North America’s largest producer
of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.

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EPA proposes $1.1M settlement with Vertellus

Chemical-maker Vertellus Specialties Inc. will spend up to $1.1 million and change air-emission monitoring practices at its
plant on the southwest side of Indianapolis under a proposed settlement with the U.S. Environmental Protection Agency.

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