A meeting between high-level National Hot Rod Association executives—including NHRA President Tom Compton—and
Gov. Mitch Daniels and members of the Indiana Economic Development Corp. has fueled speculation that the drag racing group
might be looking to significantly expand its presence here.
David Sexauer has $250,000 and a list of about 120 properties he’d like to acquire from the city of Indianapolis.
The motorcycle manufacturer is considering a Shelby County site at the same time that it’s pushing for concessions from the
union in York, Pa.
Genesis Plastics Welding plans to double the size of its Fortville facilities to 50,000 square feet and add to its staff
of 49 people
Earlier this month, the Obama administration released its estimate of the impact of the fiscal stimulus on job creation.
The number of newly laid-off workers seeking unemployment benefits fell for the third straight week, evidence that layoffs
are continuing to ease in the earliest stages of an economic recovery.
An Indy Partnership official departed for Germany yesterday on a trade mission promoting economic development opportunities
in the 10-county Indianapolis area.
With no end in sight to the country’s job market woes, the U.S. House has agreed to give the jobless in a majority of states,
including Indiana, another 13 weeks of unemployment insurance benefits.
Two companies have announced plans that could mean about 200 jobs at factories in northern Indiana’s Elkhart County, which
has been among the country’s hardest-hit places during the recession.
More than $130 million in construction projects will get a chance to move forward after being put on hold over a top lawmaker’s
objections to the schools’ tuition increases.
Indiana’s unemployment rate in August fell below double digits for the first time since April, the Indiana Department of Workforce
Development said this morning, but the decline could just be a blip.
A little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA
has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee,
the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual
not to have an agreement pinned down in the months leading up to the event.
The Indiana Alcohol and Tobacco Commission has voted to deny liquor and wine permits for Southern Wine & Spirits of
America Inc., the nation’s largest liquor distributor, citing concerns over a track record of anti-competitive behavior.
In the worst recession since the Great Depression, it must be difficult to broker business expansions. But
IEDI’s making no excuses for the city’s job creation and retention figures. In fact, it’s touting them.
FedEx brass have been trying to counter legislation pending in Congress being pushed by arch rival United Parcel Service
and the Teamsters union.
Just a short year ago, economists of all stripes voiced fears of a rise in economic protectionism like that which contributed
mightily to the Great Depression.
The new city would count more than 80,000 residents. In terms of population, it would zoom past Fishers and Carmel to rank
sixth or seventh in the state.
The number of newly laid-off workers seeking unemployment benefits fell last week to the lowest level since early July, possible
evidence that job cuts are slowing.
Indiana’s lofty unemployment rate not only is taking a toll on the jobless but also the recruiters that help them find
work, leading to the demise of several local employment agencies.
The U.S. House of Representatives is nearing a vote to push private lenders out of the federal college loan business—a
move that could cost Indiana hundreds of jobs.
