Ingersoll-Rand PLC said it plans to spin off its commercial and residential security unit, which is headquartered in Carmel, into a separate public company. The security division has $2 billion in annual revenue and 1,300 employees in the Indianapolis area.
Chrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton County officials for similar incentives on a vacant plant.
Indiana farmers say they have a lot to lose should the nation go over the so-called fiscal cliff, a set of automatic spending cuts and tax hikes set to take effect in January unless the White House and Republicans negotiate a compromise.
The Indianapolis Department of Public Safety says it has spent more than $300,000 on manpower and other expenses investigating an explosion that killed a couple and decimated their neighborhood on the southeast side.
Pence announced that Maj. Gen. Martin Umbarger would continue as the head of Indiana's National Guard and Michael Cline would continue serving as state transportation commissioner.
The Central Indiana Corporate Partnership might announce a successor to CEO Mark Miles as early as Dec. 18, just a month after Miles said he was leaving to become CEO of Hulman & Co.
The Indiana Economic Development Corp. is looking to renew its commitment to life sciences by creating a $30 million venture fund. The amount dedicated to one sector would be equal to the state’s allocation for all high-tech startups over the past two years.
A license plate tax of $20 to $50 per car will be one of a raft of proposals considered by the Legislature next year as a way to fix a hole in funding for road maintenance, and to keep expanding Indiana’s system of highways.
Indiana spent less per capita than most states on incentives aimed at adding jobs.
Johnson County commissioners voted unanimously this week to repeal a tough new public smoking ordinance less than a month before it was scheduled to go into effect.
The money is the state's share of a $42.9 million deal the drugmaker struck to resolve allegations it deceptively marketed an antibacterial agent and promoted a fibromyalgia treatment for off-label uses.
Gov. Mitch Daniels said Wednesday he has been hearing from companies that fear that a measure that would put Indiana's ban on same-sex marriage into the state constitution might also prevent firms from offering benefits to gay couples.
When lawmakers reconvene Jan. 7 for the 2013 legislative session, they will do so under a unique structure: a new Republican governor and Republican super-majorities in both chambers of the General Assembly.
Mayor Greg Ballard outlined plans to shift the city’s fleet of cars, heavy trucks and even police cruisers to a mix of electricity and natural gas by 2025.
Helmke will join the faculty of the School of Policy and Environmental Affairs. He also run the Civic Leaders Living-Learning Center to train first-year IU students in government, politics and policy.
The Lilly Endowment has named former Indianapolis Economic Development Corp. president Wallace "Ace" Yakey Jr. as the vice president for community development, the Indianapolis grant maker announced Tuesday.
Three fast-growing Indianapolis technology companies—Angie’s List, ExactTarget and BidPal—plan to add up to 1,500 jobs collectively over the next half-decade, officials announced Tuesday morning.
The number of Indiana children enrolled in full-day kindergarten has increased by 19 percent since the state more than doubled spending for the program.
The automaker has requested incentives to launch production in a nearly 800,000-square-foot plant that's been vacant since being built four years ago.
The Indiana Toll Road lease may have paid off in the short term, but a new study concludes it'll be a bad deal for taxpayers in the long run. Indiana officials say the report is flawed.
