Articles

Auto supplier plans to add 100 jobs in Logansport

Federal-Mogul Corp. said it will add the jobs next year as part of a $2.7 million expansion to purchase new machinery and equipment for its 170,000-square-foot manufacturing plant and 15,000-square-foot technical center.

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Congress moves to create new farm subsidy

Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices.

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Indiana continues modest tax-collection gains

The state announced Thursday it took in nearly $41 million more than expected last month. The state overshot its estimates by a modest 3.8 percent although collections are vastly improved from a year ago.

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New booze permits unleash gold rush

The Indiana Alcohol & Tobacco Commission plans to sell up to 101 new three-way restaurant permits for Marion County at an auction Nov. 18. The offering follows a recalculation—using fresh U.S. Census numbers—of how many permits should be distributed in the city.

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Court case might roil not-for-profit tax rules

A Bartholomew County not-for-profit affordable housing development group is preparing to fight in Indiana Tax Court a denial of its property-tax exemption. The denial has put the organization
$200,000 in debt and its rental homes in danger of tax foreclosure.

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