Canadian chip maker locating U.S. HQ in Fort Wayne
Saratoga Potato Chips plans to create 175 jobs in the northeastern Indiana city by 2013 and will begin hiring later this year.
Government & Economic Development
Articles
Medical device firm eyeing Indianapolis growth
Greatbatch Medical wants to expand its facility on the east side of Indianapolis to accommodate its entrance into the orthopedics
market. The
New York-based company specializes in cardiovascular products.
Harlan Bakeries planning $9.7M expansion
Harlan Bakeries plans to expand its Georgetown Road production facility by 65,000 square feet to make a new line of products—creating
43 jobs in the process.
Report: Indiana could save $450M on school insurance
A new report says health insurance for Indiana's public schools and universities could cost at least $450 million less annually if they joined the state's plan for public employees.
Indiana officials excited about solar company’s plan
Tipton County officials had been working for months to attract Abound Solar to the 800,000-square-foot factory along U.S.
31, where it might employ as many as 850 workers.
Solar panel maker must prove low production cost
The company says it will hire 900 to 1,200 people in Indiana, but first, it must focus on successfully scaling up its existing
facility in Colorado.
Post office requests 2-cent hike in stamp prices
The U.S. Postal Service lost $3.8 billion last fiscal year despite cutting 40,000 full-time positions and making other reductions.
It has continued to face significant losses this year.
New law will hold casino winnings of deadbeat parents
The state is working to build an online system that will allow casinos to check the names of winners against a database of
people who owe child support, said Mike Smith, president of the Casino Association of Indiana.
Lawsuit: State takes too long on jobless appeals
John Gorman, who worked for the same company for 31 years before he was fired in December, has been waiting on a decision
for at least 100 days, and he still hasn't received his unemployment check, according to the American Civil Liberties
Union of Indiana.
Solar firm investing $500M in unused Getrag plant; 850 jobs planned
A Colorado-based Abound Solar will get federal help taking over the empty Getrag plant on U.S. 31 near Kokomo,
creating as many as
850 jobs in the next three years and establishing what it says will be the largest such facility in the United States.
CIB audit shows agency finances improving
The Capital Improvement Board earned $10 million last year after reporting a $16.8 million loss in 2008. Its financial future
is clouded, however, by talks with the Indiana Pacers over Conseco Fieldhouse operating costs.
Weak employment report: 125,000 workers lost jobs in June
Pessimism about economic recovery grows as employment numbers for June fall short of expectations.
Program tying doctor bonuses to quality goes statewide
The program currently includes 1,200 physicians—about 10 percent of all doctors in Indiana.
Central Indiana aims to become electric vehicle powerhouse
Central Indiana might be in line to tap hundreds of millions of dollars in federal grants and loan guarantees to energize
the rollout of plug-in electric cars and trucks. Both chambers of Congress are considering measures that would require the
Department of Energy to select up to 15 cities nationwide to participate in a national electric vehicle deployment program.
Bond swaps cost city units $93M in penalties
Wall Street bankers for decades sold municipalities like Indianapolis on debt instruments called swaps as a safe way to reduce
borrowing costs and hedge against rising interest rates. In reality, the swaps were complicated bets that relied
on misguided assumptions, and taxpayers paid.
Daniels appoints trustees to IU, Purdue boards
Former chair of the National Endowment for the Humanities among IU appointments.
Employers mull legal challenge to new state gun law
Indiana Chamber of Commerce president says several members have inquired about pursuing legal action, though nothing formal
is in the works
yet.
Pacers, CIB still talking post-deadline
A June 30 deadline imposed by the basketball team passed with no agreement on who will pay Conseco Fieldhouse operating expenses,
but both sides remain optimistic a deal will get
done soon.
New Indiana laws on guns, booze, driving take effect
The latest batch of Indiana laws takes effect Thursday, with new provisions raising the age at which teenagers can get driver's
licenses and requiring ID checks for everyone buying alcohol.
Firework permits down, more private shows expected
State officials expect more backyard fireworks shows this year because budget problems have forced many municipalities to
cancel large professional fireworks displays.