Purchase offers fail to satisfy creditors of Shelbyville casino
Owner of Indiana Grand Casino plans to proceed with recapitalization plan instead.
Regional News
Articles
Red Gold benefits from consumers’ thrifty ways
Since the recession hit, consumers looking to save a few bucks have embraced canned produce—a trend that has kept Madison County tomato processor Red Gold in the black.
Mishawaka factory retools for new wheelchair car model
The AM General factory in northwest Indiana started building the MV-1 car last year for the Vehicle Production Group.
Koch family wins incentives to reopen Kentucky theme park
The family that owns Indiana's Holiday World will get as much as $3.9 million from the state of Kentucky over the next decade to reopen a shuttered amusement park in Louisville.
Shipwreck treasure on display at Children’s Museum
Indiana University divers searching the site of a 1725 shipwreck found the booty and other artifacts including musket balls and ceramics. The discovery was introduced to the public Tuesday at the Children's Museum of Indianapolis.
Central Indiana housing market enjoys strong May
In May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building permits for new construction rose 20 percent.
Work delayed on new Purdue engineering hall
University officials overseeing plans for the $38 million Wang Hall of Electrical and Computer Engineering had hoped to start construction in early May but now say a September start is likely.
Lauth embarks on turnaround of The Congressional in Carmel
The local developer moved its offices into the building and plans more than $2 million in upgrades to reposition a property that fell on hard times at the dawn of the national real estate crisis.
Columbus auto parts maker plans to add 50 jobs
NTN Driveshaft Inc. said it will add the jobs by 2013 as part of an $18 million expansion that will include purchasing additional equipment for its 1-million-square-foot facility.
Carmel performing arts center hiring CEO from Tennessee
A spokesman for Center for the Performing Arts in Carmel on Monday afternoon confirmed that it has hired Tania Castroverde Moskalenko, executive director of the Germantown Performing Arts Centre in Germantown, Tenn., near Memphis, to replace Steve Libman.
Plastics company nears reopening of central Indiana plant
Officials expect a plastic packaging manufacturer to start production this summer at a former central Indiana auto-parts factory that closed six years ago.
Orthopedic startups attracting big money
The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.
Manufacturing employment coming back, but without the wages of yesteryear
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
Johnson County flood victims still reeling 4 years later
The devastating 2008 flood continues to have repercussions for victims. They are still paying off the tens of thousands of dollars they had to borrow in some cases to hang new drywall, lay down new carpeting and replace major appliances.
Study proposed on future of Anderson’s Wigwam gym
An architect is proposing a study for finding a new use for Anderson's closed Wigwam gymnasium, possibly turning it into a convention center.
Ritter’s owners hope burgers will help fuel turnaround
Hoping to capitalize on the enduring appeal of Ritter’s Frozen Custard, the chain’s New York owners are launching another attempt to right-size the franchises with a new Indianapolis store, a revamped marketing plan, and burgers and fries.
Johnson County considers more fees for revenue boost
A central Indiana county is looking at a wide range of new or increased fees to make up for what officials say are declines in tax revenue.
Buckingham reviving Gramercy project with smaller plans
Buckingham Cos. has revived plans to redevelop the massive Mohawk Hills apartment complex in Carmel, but the latest version of its Gramercy project takes a huge step back from the original dense, urban-revival-style plan the developer proposed six years ago.
Greenwood eyes more office parks for I-65 corridor
Greenwood Mayor Mark Myers wants to see more offices, corporate headquarters and medical facilities along Interstate 65. He's been meeting with business owners and developers in the area to discuss ways they can team up to pursue that goal.
State, utility plan cleanup of long-closed gas plant
Indiana's environmental agency and Duke Energy Corp. are moving ahead with the cleanup of a long-closed manufactured-gas plant in Shelbyville.