IEDC: Mexico move to save Carrier’s parent firm $65M per year
That’s less than 1 percent of United Technologies Corp.’s annual revenue in the heating and air conditioning section of its business, according to the Indiana Economic Development Corp.
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Indiana agency rejects bill for emergency I-65 bridge work
Indiana highway officials have refused a $1.4 million bill from a construction company for repairing an Interstate 65 bridge that experienced a month-long emergency closure last summer.
Supreme Court tie upholds win for unions in fee case
The justices divided 4-4 in a case that considered whether public employees represented by a union can be required to pay "fair share" fees covering collective bargaining costs even if they are not members.
Special prosecutor probes donations by Monarch Beverage affiliate
At issue is whether more than $1.47 million in campaign donations by Monarch affiliate Vision Concepts LLC illegally circumvented a state law limiting corporate campaign contributions.
State to resume vanity plate program after court battle
The Indiana Bureau of Motor Vehicles says it will resume its vanity license plate program Friday after suspending it for nearly three years.
Nine things to know about Joe Hogsett’s team
IBJ interviewed most members of the Democratic mayor’s administrative team—from deputy mayors to department directors and other key city leaders. Here is what stuck out from those conversations.
Indiana’s new fantasy-sports law could hurt smaller firms
Gov. Mike Pence last week signed a bill regulating fantasy sports that charges companies a one-time licensing fee of $50,000 with a $5,000 annual renewal fee.
U.S. revises fourth quarter GDP numbers upward
The U.S. economy grew in the fourth quarter at a faster pace than previously estimated, supported by stronger household spending.
Governor makes decisions on numerous bills
Among measures that Gov. Mike Pence signed into law Thursday were bills streamlining the fees charged by the Indiana Bureau of Motor Vehicles, boosting a development at Indiana Dunes State Park, regulating fantasy sports and raising malpractice limits.
Housing tax credits AWOL for Hamilton County projects
For the fifth consecutive year, Hamilton County has been shut out of federal tax credits for affordable housing projects, while nearby counties have had success in the competitive program.
Hogsett picks longtime advisers, relative strangers for senior posts
The new mayor’s cabinet is a purposeful mix of demographically diverse private-sector workers, government officials and local not-for-profit leaders. Political experience and affiliation on both sides of the aisle.
Pence rejects limits on private college police disclosure
A bill that would have allowed private college police departments in Indiana to disclose less on-campus crime information than their public counterparts has been vetoed by Gov. Mike Pence.
Indianapolis mayor proposes stronger ethics reforms
Mayor Joe Hogsett has introduced a package of ethics reforms that would strengthen reporting requirements and mpose stronger penalties.
Farm equipment maker to move HQ to Shelbyville, hire 101 workers
Currently based in Tennessee, the company plans to build a 200,000-square-foot facility on 40 acres of undeveloped land at the intersection of Interstate 74 and S.R. 44.
Bill banning local plastic bag restrictions signed by Pence
City and county officials across Indiana won't be allowed to tax or restrict the use of disposable plastic bags by grocery stores and other retailers under a new state law.
Pence praises package boosting Indiana road funding
The funding plan draws down the state's $2 billion budget reserve and also gives about $580 million to city and county governments for road projects.
Jury rules ex-Anderson mayor improperly fired workers
A jury decided Tuesday that the city should pay $740,000 in damages to eight of the workers fired by former Mayor Kevin Smith in 2012.
Marketing firm plans new downtown HQ, to hire 20
Indianapolis-based marketing and advertising firm Matchbook Creative is spending nearly $1 million to establish a larger headquarters downtown and plans to more than double its work force by 2019.
Virginia-based tech firm to open Midwest office in Fishers
Sterling, Virginia-based Innolance Inc. plans to open an office in Launch Fishers that will employ as many as 31 workers by the end of 2020, the company announced Wednesday.
Tube manufacturer moving HQ to Carmel
Precision Products Group Inc. is set to move its corporate office this month into a 3,402-square-foot space at 10201 N. Illinois St., state economic development officials announced Wednesday.