Cummins gets upgrade from Moody’s
The company’s rating rose one notch because it has taken steps to insulate itself from economic downturns.
Regional News
Articles
Inlow heirs accuse Fifth Third, Hall Render of fraud
A bitter battle between the heirs of former Conseco Inc. executive Lawrence Inlow and the bank and attorneys overseeing his
estate will get a hearing Friday in Hamilton County Court
Beer brewer feuding with Franklin over incentives
San Diego-based TailGate Beer is supposed to create as many as 150 jobs in Franklin, but the plan has been delayed while the
sides squabble about financial disclosures.
Federal agents raid University Loft headquarters
Agents descended on the contract-furniture maker to execute a sealed search warrant. A spokeswoman for U.S. Attorney Tim Morrison said no arrests were made.
Civic Theatre gears up for capital campaign
Actress and former Indiana Repertory Theatre staff member Megan McKinney has been hired to prepare for the three-year fundraising
initiative.
Westfield’s proposed Symphony development under review
The Westfield planning commission has asked city employees to further review the 1,400-acre mixed-use project that could include
thousands of homes, shops, a YMCA and a baseball stadium.
Grocery distributor to reopen Bloomington warehouse
A wholesale grocery distributor is planning to move into a vacant warehouse in southern Indiana and potentially hire 60 workers.
Farmers Bank opening two branches in Hamilton County
Frankfort-based bank plans to open locations in Fishers and Noblesville as part of its plan to expand its presence in Hamilton
County.
Richmond drops plan to convert methane to power
Richmond Power & Light officials say they've given up on a plan to capture methane gas from a landfill and convert
it to electric power.
Solar firm investing $500M in unused Getrag plant; 850 jobs planned
A Colorado-based Abound Solar will get federal help taking over the empty Getrag plant on U.S. 31 near Kokomo,
creating as many as
850 jobs in the next three years and establishing what it says will be the largest such facility in the United States.
Fort Wayne medical practice splits, following industry trend
More than 100 staff members of Indiana Medical Associates LLC likely will land at one of two area hospital systems. The move
mirrors national and local consolidation of practices with hospitals.
New Conner Prairie exhibit could be set in 20th century
Work is starting at the former site of Liberty Corner on a new exhibit that will be announced in late summer or early fall.
LOU’S VIEWS: The King without kitsch and other Brown County pleasures
It didn’t occur to me on the drive down Interstate 65 for a Brown County getaway that I’d be returning with praise
for an Elvis impersonator.
Canadian company buying Kruse auto auction
A long-running classic car auction in northern Indiana will continue under a Canadian company that is taking it over from
its founder who has faced financial troubles.
Alcoa cutting 65 jobs at Lafayette plant
United Steelworkers local president Jerry Misner says the layoffs at the Lafayette plant are effective Monday.
City of Marion sells park named for mayor’s family
Indiana Wesleyan University bought the five-acre Seybold Park from the city of Marion last month for $143,000.
Glass company to open $3.7M plant in Elkhart
State officials say Pennsylvania-based Santelli Tempered Glass Inc. will open a 32,500-square-foot plant in Elkhart, creating
35 jobs by 2013.
Gary casino appealing $27 million in taxes
Officials say they believe a northwestern Indiana casino might owe $5 million more in back property taxes than previously
estimated.
Cummins looks to boost India sales by 40 percent
Cummins Inc., the Columbus-based maker of diesel truck engines and generators, expects to boost India sales about 40 percent
this year as economic growth spurs road traffic and demand for electricity.
Evansville Whirlpool plant reaches end of the line
The refrigerator plant's production line is shutting down Friday, meaning the loss of some 600 jobs. About 450 other workers
were laid
off in March when Whirlpool ended its second shift.