A central Indiana county faces a big bill to replace its fairground's grandstand after numerous safety problems were found during an inspection prompted by this summer's deadly state fair stage collapse.
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker’s transmission plants.
The closure of Interstate 64's Sherman Minton Bridge linking New Albany and Louisville has reduced profit-sharing revenues paid by a southern Indiana riverboat casino to two counties and will delay officials from repaying $8 million to a foundation.
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.
The number of payments in excess of $1 million didn’t change substantially from year to year, but orthopedic companies sharply cut their fees to surgeons who received the smallest amounts.
Attorney General Greg Zoeller says the owners of a southern Indiana concert hall destroyed in an arson nearly two years ago have agreed to refund $26,500 to ticketholders for cancelled shows.
Cummins Inc. reported a 60-percent increase in third-quarter profit as revenue soared 36 percent over the same quarter a year ago.
Companies promising thousands of green jobs in Indiana are playing a high-stakes waiting game as federal officials consider the fate of at least $600 million in loan guarantees.
The new four-year contract, which still must be ratified by workers, would create 2,100 jobs. Chrysler also agreed to invest $4.5 billion in its plants under the deal. Last year, the automaker announced plans to spend nearly $1.3 billion to update its facilities in Kokomo.
The automaker says it expects to begin the new shift at the Greensburg factory on Oct. 24 in a move that will double the plant's annual production to 200,000 vehicles.
Facing steep budget cuts, the county northeast of Indianapolis will be shutting down its main government building on Fridays and cutting the work week of nearly 150 employees.
The integration of the two not-for-profit hospital systems, approved by Howard Regional's board in late May, is now dead, the two hospitals announced Monday.
The new employees are located at the company’s Heartland Business Center in Daleville, where IBM already has about 500 employees.
Current estimates place annual revenue for Indiana fish farming at just a few million dollars. But some believe the state’s central location, abundant land and water supplies, and relatively benign regulatory environment could foster a $1 billion industry in the next 10 years.
Engine-maker Cummins Inc. said Thursday that it will sell its light-duty filtration operations to Industrial Opportunity Partners LLC, a private equity firm run by one of its executives.
Ball State University leaders hope the school’s $87 million geothermal plant paves the way for others like it—as an economic-development opportunity as much as an environmental effort.
With reluctance, Mike Alley, a veteran Indianapolis banker, joined the board of Evansville-based Integra Bank in April 2009. A month later, he found himself CEO—the beginning of a 26-month odyssey that ended July 29 with banking regulators seizing and shutting down the 160-year-old institution.
Mark Schmitt, president of Rawhide Golf Ball Co., runs a business that recovers dimpled pills from golf course water hazards, buffs them up, and resells them. (With photo gallery)
A Chinese entrepreneur intends to open his first U.S. tire-recycling facility in Indiana. Good Time Technology Development is considering vacant industrial sites in Connersville, Kokomo and Muncie.
The new operation should be running in 2014 and will produce up to 3.3 million tons of coal a year. The mine is expected to employ 310 miners when it opens.
