Northstar Aerospace closing Anderson plant
The Anderson plant, which opened in 2006 and makes aircraft parts, has about 40 employees.
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Girl Scouts to sell Boone County camp, three others
The Girl Scouts of Central Indiana says a study found that the four sites need significant renovations to reach current safety
codes.
Dora Hotels takes over management of DePauw’s Walden Inn
Dora operates more than 20 hotels, including five in downtown Indianapolis and two adjacent to Indianapolis International
Airport.
Mitsubishi planning Franklin expansion
A Franklin manufacturing facility is planning a $9.4 million expansion project that would more than double employment over
the next two years.
Tipton County OKs $13M bond to help sell Getrag plant
The Tipton County Council on Tuesday unanimously approved $13 million in incentives intended to help land a solar power firm
interested in buying the empty Getrag plant on U.S. 31 near Kokomo.
Purdue expands partnerships with Chinese schools
Purdue President France Cordova arrived Tuesday in Beijing for four days of meetings with officials from Tsinghua University
and China Agricultural University.
Two Indiana hospitals repay feds over $1M each
Ball Memorial Hospital in Muncie and Bloomington Hospital were among nine U.S. hospitals that had been charged with submitting
false claims to the Medicare program.
Tipton County Council to vote on Getrag site incentive
The $13 million bond would be used to lower the price of the abandoned plant to help lure a company that is considering
manufacturing solar panels at the site.
Bioanalytical Systems reports loss in second quarter
Bioanalytical Systems Inc. narrowed its losses in the second fiscal quarter despite a 2 percent drop in revenue, the West
Lafayette-based contract research firm said late last week.
Christmas tree farms, nurseries can seek aid
Newly implemented provisions of the 2008 Farm Bill are opening the door to possible federal aid for Indiana Christmas tree
growers and tree nurseries hit by losses caused by severe weather.
Work on northern Indiana hospital could start June 1
Community Health Systems plans to build a five-story, 250-bed hospital at the corner of U.S. 6 and Indiana 49 in Vaparaiso.
Construction is expected to cost about $225 million.
IU targets tech-transfer gap
Indiana University is showing signs that it’s finally serious about translating research into commercial product, through
grants it is awarding via its $10 million Innovate Indiana Fund and by developing a computing technology mini-campus.
Private water, sewer utilities propose sale to Cumberland
Gem Utilities Inc. and Gem Water Inc. have offered their sewer and water operations to the town of Cumberland for $6 million.
Dalai Lama’s Indiana visit brings economic impact
Bloomington visitors bureau director Mike McAfee says each visitor will spend an estimated $175 a day during the Buddhist
leader's sixth visit to Indiana.
Stone Creek owner adding to his dining empire
Mike Cunningham has run dining spots ranging from a bar and grill to yogurt stands and is now growing a popular chain of upscale
restaurants—primarily under the Stone Creek Dining Co. name—in Indiana and Ohio.
Indiana’s growth in life sciences jobs beats national average
Bloomington led the nation as the No. 1 small city in medical devices and equipment.
Knauf Insulation sues NatCity over $8M investment loss
One of Shelby County’s largest employers is suing NatCity Investments Inc. to try to recover nearly $8 million in losses on
auction-rate securities. Knauf Insulation filed suit in Shelby Superior Court in March, saying NatCity should repay the money
in accordance with a settlement the bank reached with federal regulators in March 2009.
Wine distributor plans Greenwood warehouse
Southern Wine & Spirits plans to spend about $4 million to open a warehouse in central Indiana with more than 50 workers.
Masonic Home plans $8M assisted-living center in Franklin
Groundbreaking will be held May 16 to mark start of construction on center to be built on 300-acre campus.
Adesa parent increases revenue, profit
Carmel-based KAR Auction Services Inc. on Wednesday reported a first-quarter profit of $8.1 million, reversing a $3.5 million
loss in the same period last year.