Tech companies adding 314 jobs in Zionsville
Two tech companies located in Northwest Technology Center in Zionsville plan to invest $3.6 million and add 314 jobs over the next four years, officials announced Wednesday morning.
Government & Economic Development
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UPDATE: Group pushing for constitutional property tax cap
Gov. Mitch Daniels joined others in promoting passage of a referendum that would make property tax caps in Indiana part of the state constitution.
City finance chief to leave post for state role
City Controller David Reynolds, who started with the city when Mayor Greg Ballard took office in January 2008, has accepted a job as senior fiscal analyst for the Indiana Senate’s Republican majority caucus.
Community moves to integrate doctors
Community Health now has about 550 physicians, either on its payroll or committed through integration contracts, who have some of their pay hinge on measures of quality and communication. CEO Bryan Mills says the hospital system is looking to add even more.
Senate panel refuses to fund GE engine made by Rolls-Royce
The decision holds potential bad news for Indianapolis engine maker Rolls-Royce, which produces the engines. Rolls-Royce is the region’s second-largest manufacturer, behind Eli Lilly and Co., with about 4,300 local employees.
Daniels’ GOP dinners fuel White House speculation
Speculation about Gov. Mitch Daniels' presidential aspirations is rising with reports that he has been hosting a series of dinners with top Republican business and policy leaders from around the country.
Library slashes hours, to close main branch on Thursdays
A big reduction in hours is expected to save the Indianapolis-Marion County Public Library about $1.5 million next year, as it grapples with a $4 million revenue shortfall.
Conseco Fieldhouse to get new video signage
The new “video ribbon,” which could cost up to $1.6 million, will be paid for with funds from the Capital Improvement Board. It will be installed around the entire upper fascia of the arena between the second and third levels.
Brizzi controversies loom over prosecutor’s race
Democrat Terry Curry and Republican Mark Massa say restoring trust is job one for the next Marion County prosecutor.
Downtown merchants want parking plan revoked
About 80 downtown business owners and employees have signed a petition urging Republican Mayor Greg Ballard’s administration to nix major plans to revamp metered parking in Indianapolis.
Beck’s Superior Hybrids plans $24.5M expansion
A Hamilton County seed company has plans to expand its facilities, creating as many as 72 jobs over the next five years, state economic development officials said Friday morning.
New businesses follow the rooftops
Indianapolis and surrounding counties have continued to show growth in the number of businesses during the recession.
State entrepreneurship drags despite wealth of resources
What does Indiana have to show for the deluge of resources made available to would-be entrepreneurs in recent years—venture capital, angel investors, incubators and the like? Judging by the number of people taking the plunge into business ownership, not as much as might be expected.
Report: State must cut spending, hike taxes or both
Dwindling tax revenues will cause a projected $1.3 billion budget gap as the state enters its next budget, according a report released Thursday by the Indiana Fiscal Policy Institute.
State gets $31M for blighted neighborhoods
The state of Indiana and several of its communities hard-hit by home foreclosures are getting $31.5 million in federal grants to stabilize blighted neighborhoods.
Indianapolis’ ‘walkability’ touted to convention planners
Compact downtown is big selling point for sustainable-minded planners.
Control of House key issue as election season revs up
One hundred Indiana House seats are on the ballot—though many fewer are competitive—but their outcomes may affect the state well beyond the two-year terms that the candidates seek.
Indiana’s August revenue jumps 8.4 percent from year ago
The state Budget Agency reported Friday that Indiana collected $938 million in August. That’s $51 million above the most recent forecast, but still $2 million less than projected in the budget lawmakers passed in early 2009.
National unemployment rate back on the rise
Overall, the economy lost 54,000 jobs as 114,000 temporary census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6 percent from 9.5 percent in July.
Daniels helps raise cash for Mississippi GOP
Two governors seen as potential 2012 presidential candidates appeared together Thursday night at a fundraiser for the Mississippi Republican Party. Mississippi's Haley Barbour and Indiana's Mitch Daniels wouldn't say whether either has ambitions for the White House.