Fort Wayne hopes Navistar workers will attract business
The president of an organization that aims to attract businesses to northeast Indiana says the region is hoping to use Navistar International Corp.’s 1,000-plus workers as an asset.
Government & Economic Development
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City’s parking deal similar to much-maligned Chicago pact
Officials promoting a 50-year lease of Indianapolis’ parking meters have taken pains to point out the differences between their proposal and a controversial 75-year parking meter lease in Chicago. But a close look at both contracts shows Indianapolis’ pact largely uses the Chicago template.
Former councilman indicted in strip club case
Federal officials on Thursday charged a former City-County Council member in an extortion scheme to use his official position to grease the wheels for opening a strip club, taking $6,000 in exchange for the help.
Republicans: Force state to live within means
House Minority Leader Brian Bosma, R-Indianapolis, said the state’s next two-year budget doesn’t have to be “honestly balanced,” meaning the state could spend more than it takes in by dipping into reserves if the economy continues to sag.
Daniels says no presidential pitch made at dinners
Indiana Gov. Mitch Daniels said Wednesday he has hosted about a dozen dinners with top Republican fundraisers and business and policy leaders, but never pitched himself as a potential presidential candidate.
Debating where to turn as Bush tax cuts near expiration
With a deadline looming, supporters and detractors debate extending tax cuts signed by former president George W. Bush.
UPDATE: New tech jobs come with handsome wages
Mobi Wireless expects to pay average wages of more than $50,000 to 253 new workers; Bostech Corp. expects to pay more than $80,000 to 61 new employees.
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.
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.