Former Irwin CEO takes helm of New York foundation
William I. Miller, the former CEO of Irwin Financial Corp., which went bankrupt in 2009, is joining The Wallace Foundation of New York as its president.
Regional News
Articles
Remy International files plans for public offering
Pendleton-based manufacturer Remy International Inc., the former General Motors Co. unit that exited bankruptcy in 2007, has filed plans to raise up to $100 million through an initial public stock offering.
Sluggish demand for electric car forces layoffs at Ener1
Battery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.
Deputy prosecutor suggested fake attack on Wisconsin gov.
Johnson County Prosecutor Brad Cooper said one of his deputies resigned Thursday after admitting he sent an email to Wisconsin Gov. Scott Walker suggesting the Republican fake an attack on himself to discredit the public employee unions protesting his plan to strip them of nearly all collective bargaining rights.
Cummins’ early start revs growth in China
Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.
Hamilton County resource center aids entrepreneurs of all ages
Spun off from the Hamilton County Alliance as a separate not-for-profit in early 2010, the Entrepreneurship Advancement Center offers assistance to county residents who aspire to own a business.
Carmel arts center reaches out to young professionals
The Center for the Performing Arts is launching its own young professionals networking group called “The Scene.”
IT firm sets up shop in Carmel, plans to hire 100
Tech firm Intact Integrated Services has moved its North American headquarters to Carmel, where it plans to add as many as 100 jobs by 2015, state economic development officials announced Wednesday morning.
School district eyes events, students for revenue
Franklin Community Schools officials say they don't want to be in the same situation they were last year, when the state forced the district to eliminate $3 million from its budget.
Wabash National adding 200 jobs at Indiana plant
Trailer manufacturer Wabash National Corp. is adding 200 new jobs at its north-central Indiana plant to support a new contract to build bulk storage fluid tankers for another Indiana company.
Feinstein works Carmel’s Palladium into national program
PBS film crews will be at the Palladium May 12 for “Michael Feinstein: The Sinatra Project.
Research jobs could flow from Purdue quad
Purdue University officials and others connected with the life sciences in Indiana say the planned $164 million Life and Health Sciences Quadrangle at the West Lafayette campus will mean high-paying jobs, retention of highly skilled scientists, and researchers who might well have left the state for either coast.
Plastics specialist Genesis plays to eco-conscious market
Fortville manufacturer plans $3.3 million expansion
State awards $25 million I-69 extension contract
State officials have awarded Bloomington-based Crider and Crider Inc. a $25 million contract to build a 4-mile section of the Interstate 69 extension that will run from Indianapolis to Evansville.
Purdue case highlights costs of defending intellectual property
A complicated legal case about trade secrets points up a down side to the success Indiana’s research universities have had turning their research into revenue: Large legal bills can eat much of the money.
Bill would give neighborhoods more power to resist annexation
Cities and towns would lose the power to annex land against the owners’ will, under a bill that easily cleared the Indiana Senate.
New federal rules prompt ITT to change bonus-pay criteria
The Carmel-based for-profit educator still will pay its top executives bonuses, but they’ll no longer be tied to school enrollment, the company said Tuesday in a proxy filing.
Northstar Aerospace closing Anderson plant; 48 jobs lost
Workers will be let go in three stages beginning May 1, and the plant is expected to permanently close by June 24.
Anderson schools to close ‘Wigwam’ basketball venue
The Anderson School Board voted 6-1 Tuesday to shutter the 9,000-seat Wigwam gym complex at the end of current school year as part of a wider budget-cutting plan that includes cutting 65 teachers' jobs.
Greencastle, North Vernon to get development help
Greencastle and North Vernon will receive $31 million in state assistance with local development plans over the next three years. The cities will invest an additional $9 million in local and private funds.