Radio host buys site of burned Brown County music hall
A central Indiana business owner and radio show host plans on rebuilding a southern Indiana concert hall that hosted some of country music's top acts before it burned down in 2009.
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Anderson mayor seeks budget cuts up to 20 percent
Anderson Mayor Kevin Smith and city controller Sam Pellegrino are asking every city department to make drastic cuts to their budget without significant layoffs.
Indy is poster child (again) for medical arms race
Indianapolis was highlighted in a new national study because its hospitals have been particularly aggressive at expanding their geographic reach—raising concerns among health insurers and even hospitals themselves that new medical facilities and market power can only lead to higher prices.
Bank of Indiana on long journey back from brink
A fast-growing Indianapolis bank that became one of the biggest U.S. Small Business Administration lenders in the state has returned to profitability after a harrowing stretch of massive losses from borrower defaults that nearly led to its failure.
Homebuilders resume land development after enduring crash
Newly confident buyers seeking to capitalize on low mortgage rates have discovered there’s a scarce supply of well-maintained existing homes for sale and are turning in larger numbers to new homes.
Agency increases effort to help state’s artisans sell wares
Three years after budget cuts threatened the state-run Indiana Artisan program, the newly independent organization is moving ahead with ambitious plans to broaden its reach—and help artists and food producers build their businesses.
Trial bus route connects central Indiana cities
Miller Trailways and the City of Anderson Transit System have a 30-day trial contract that allows Miller buses to use the downtown CATS terminal as a stop along its routes between Muncie and Indianapolis. The buses also stop in Pendleton and Fortville.
SMC plans $19M Noblesville expansion, 163 jobs
SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.
Former Mike’s Carwash partner seeking $30M
Jerry Dahm is asking a Hamilton Superior Court judge to force the two owners of the company to buy his stake in its real estate arm for more than $26.2 million, on top of another $3.3 million he wants from his share in the car wash chain. The two owners already have agreed to pay him $17.1 million.
Rising gas prices prompt creation of ninth area vanpool route
Central Indiana Commuter Services started offering service this month between Franklin and the Defense Finance & Accounting Services facility in Indianapolis.
Hendricks County promotes locally owned pizza
Amo Pizza Shop beat out Rock Star Pizza in a competition intended to boost sales for 16 homegrown eateries.
Would-be philanthropist sentenced in check-fraud case
A 70-year-old Trafalgar man who made empty promises of multimillion-dollar gifts to local cultural institutions was sentenced to six years of probation Thursday morning in an unrelated check-fraud case.
Biomet offers to acquire DePuy trauma biz for $280M
Warsaw-based Biomet, which designs and manufactures orthopedic products for surgical and non-surgical uses, said the deal would greatly expand its sports, extremities and trauma business.
Whirlpool agrees to pay state $800,000 for job losses
Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for in an economic development incentives agreement.
Health care real estate owner takes over management of 29 buildings
Healthcare Trust of America now handles property management and leasing for 29 buildings formerly managed by Hokanson Cos.
Tax caps zap schools in Zionsville; Lebanon district awash in cash
Changes made five years ago in state property-tax laws have strangled the school district in wealthy Zionsville, while schools in neighboring blue-collar Lebanon are in solid financial shape.
Brainard seeks deal on maxed-out TIF
Carmel Mayor Jim Brainard might relinquish his political trump card in an effort to refinance some of the $240 million in debt that’s weighing on the city’s tax-increment finance districts.
Cummins lures job candidates with virtual tour app
The idea is to send middle and high school students the message that there are plenty of jobs in engineering.
Greenwood rejects cross-country bicycle route
A proposed cross-country bicycle route won't cut through downtown Greenwood and could be rerouted out of Johnson County altogether.
Carmel consulting firm plans to expand, add 96 jobs
enVista LLC, which provides enterprise and supply chain consulting services, plans to add nearly 100 workers by 2016 as part of a $1.2 million expansion at its Carmel headquarters on North Meridian Street.