Sound equipment retailer launching expansion
Sweetwater Sound Inc. in Fort Wayne plans to invest $23.5 millon and hire 316 additional workers within four years.
Government & Economic Development
Articles
GOP meets for last convention under Daniels
Indiana’s Republican Party convention this weekend will mark a broad changing of the guard for the party that holds a firm grip on power at the Statehouse.
Pence taps Bush, Daniels advisers to shape policy
The team of policy advisers assembled by Republican gubernatorial candidate Mike Pence reflects his efforts to assuage social and religious conservatives who have built him into a national brand while catering to business-minded conservatives who have ruled under outgoing Indiana Gov. Mitch Daniels.
Racing simulator lands real tax break for two-seaters
Legislature agreed to extend to Indy Racing Experience the same sales-tax exemption enjoyed by race teams.
Martin prevails in appeal of ruling that banned him from horse tracks
Industry stalwart prevails in fight against Indiana Horse Racing Commission, which found that he had participated in racing and wagering activities without a license.
Manufacturing employment coming back, but without the wages of yesteryear
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
Mayors have mixed record leading schools
The question at the heart of this year’s debate over the future of Indianapolis Public Schools is whether the district should be placed in the hands of Indianapolis’ mayor. But when mayors take control of bad schools, test scores usually rise but challenges don’t go away.
Indiana GOP ready for Paul delegates at convention
Paul has effectively suspended his race for president, but his supporters have pressed on with hopes of crafting the party's national platform by winning delegate seats in state-level convention battles.
Domestic-partner benefits proposal introduced
Health-care benefits would be offered to the domestic partners of Indianapolis city workers under a proposal introduced Monday night to the City-County Council.
UPS plans $10 million upgrade on northwest side
United Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
Jackson Systems plans expansion, 32 jobs
Environmental control maker Jackson Systems LLC plans to expand its Beech Grove operations, almost doubling its work force and the size of its headquarters by 2014.
Indiana hires Deloitte to assess $500M in mistakes
Indiana's state budget leaders picked international accounting firm Deloitte on Monday to determine the scope of an external audit looking at how the state lost track of more than $500 million in tax revenues.
Indiana state tax collections take May dip
May's state tax revenue came in $143 million below projections. That comes after April's revenue was up about $159 million due to faster-than-usual tax returns processing.
Proposal calls for city planners to consider non-drivers
Planners designing roads would formally be required to look beyond the needs of motorists and pedestrians—to also consider bicyclists and public transportation users—under an ordinance to be considered Monday night by the City-County Council.
Indy’s sewer-fee forgiveness ruled constitutional by high court
Indianapolis didn’t violate the Constitution when it forgave sewer-system debt owed by some homeowners while refusing to give refunds to those who had already paid, the U.S. Supreme Court ruled.
Indiana panel moves toward audit of $500M in mistakes
Indiana's state budget leaders on Monday are expected to take another step toward finding what caused more than $500 million in tax-revenue accounting errors, but a final answer is still a long way off.
PNC economists think local recovery will take hold
Second-quarter forecast for Indianapolis is positive in spite of Lilly, small business concerns.
Johnson County considers more fees for revenue boost
A central Indiana county is looking at a wide range of new or increased fees to make up for what officials say are declines in tax revenue.
Local sales tax could aid economic development
Most local economic development organizations rely on private contributions and some government money to support their efforts. But an unstable economy has led to some belt-tightening and soul searching on alternative ways to fund the associations.
Smoking-ban lawsuits face long odds, legal expert says
A constitutional law professor at the Indiana University Robert H. McKinney School of Law in Indianapolis said he doubts 10 bar owners have a chance fighting the city’s smoking ban in court. The ban goes into effect Friday.