State ties higher ed funding to results
With fewer state dollars coming with more strings, Indiana’s public universities are altering their strategies in big and small ways to receive as much money as possible from the state.
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Articles
Center for Performing Arts angles for more shows, donors
Two years after opening, the Center for the Performing Arts in Carmel is working on its first strategy, an effort aimed at maximizing attendance while providing financial stability.
Tipton County approves $300M wind farm, with limits
A central Indiana county has given the go-ahead to a proposed $300 million wind farm while also approving restrictions that address concerns about the project's impact on property values.
Chinese-owned factory in Lafayette adding jobs
Work on the aluminum-components plant began a couple years ago. It now has about 80 workers.
Madison County considers new reservoir on White River
Economic development officials are proposing a $300 million reservoir on the White River about 50 miles northeast of Indianapolis that would be a catalyst for new investments and jobs and would include marinas, boat docks and restaurants.
Running events proliferate; sponsor dollars pour in
The 500 Festival Mini Marathon in May will once again focus Hoosier attention on distance running—a sport where shifting demographics and rising interest have combined to generate strong sponsorship revenue.
Mass transit campaign floods market with $1 million
The campaign to expand public transit in the region has generated a busload of money for some media and marketing outlets, thanks to $1 million in federal grants to advertise the benefits of mass transit.
ITT fights to stem tumbling enrollment
A federal investigation and a shareholder lawsuit are the latest headwinds to threaten ITT Educational Services Inc., which is trying to reverse a precipitous decline in enrollment.
Carmel insurer looks within to find new CEO
Indiana Farmers Mutual picks executive vice president and legal counsel to replace long-time leader Daniel Stone.
Noblesville manufacturer plans move to Elwood, expansion
Warner Bodies Inc., a 74-year-old Noblesville manufacturer with 50 employees, expects to add about 150 workers after moving to Elwood.
Plainfield distribution facility with 137 workers closing
Pitney Bowes said 137 employees will lose their jobs when it ceases operations at a distribution center in Hendricks County in May.
Investor places first bet on Zionsville’s Main Street
Eric Bretzman, an engineer for Chip Ganassi Racing, closed March 1 on the purchase of 40 S. Main and negotiated a new long-term lease with il Villagio, an Italian restaurant that has operated in the 4,000-square-foot building for 10 years.
Annexation request crimps Anderson land plan
Efforts by Anderson officials to annex land to create an economic development corridor could be thwarted by a request from property owners who want to become part of the town of Lapel instead.
Carmel puts 7-acre parcel up for grabs
Carmel is finally ready to redevelop the former Party Time Rental site on Range Line Road, a property in which the city has invested $4 million.
Kite Realty is makeover artist for tired shopping centers
Having rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
Baldwin move a win for Lauth, a setback for downtown
The departure of trucking and auto fleet insurer Baldwin & Lyons Inc. from downtown's Landmark Center to The Congressional in Carmel is a blow for the central business district and a bonanza for Lauth Property Group.
Baldwin to move HQ to Carmel, add 133 jobs
Trucking and auto fleet insurer Baldwin & Lyons Inc. plans to move its headquarters from downtown Indianapolis to Carmel by the end of the year and hopes to add 133 jobs over the next five years, the company announced Monday afternoon.
Auto parts supplier lays off 200 in northeastern Indiana
Contech Castings LLC has suspended certain operations at plants in Auburn and Pierceton and laid off more than 200 employees after losing a customer to a competitor.
Transit bill to face tough road in Senate
A bill to create a rapid-transit system in central Indiana is headed for the crucible of the Senate, where skeptics stand ready to tear apart the proposal’s $1.3 billion financing plan.
Airport puts parking operations under review
The revenue-hungry Indianapolis Airport Authority is reviewing its entire parking operation, including opening up its valet parking contract in search of new services that would appeal to business travelers and in turn boost the airport’s bottom line.