Shelbyville insulation company laying off 100 workers
Knauf Insulation will idle employees in June for at least six months, as demand for its building products remains soft.
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Bus routes to link 30 cities
The partnership called Hoosier Ride is helped by a $2 million federal grant and will operate at least one trip daily in each
direction using Miller charters along four routes running between Indianapolis and Evansville, Muncie, Seymour and Kalamazoo,
Mich.
Marion mayor making China trip for business deal
Marion Mayor Wayne Seybold told the City Council on Tuesday that he and the city's development director would be traveling
to China with plans to complete a deal bringing a furniture maker to the city.
Carter Lumber plans to hire as many as 100 in Franklin
Ohio-based Carter Lumber plans to open new wholesale lumberyard and truss-making facility in Franklin in June.
Former Shelbyville office manager charged with embezzlement
Federal prosecutors allege man embezzled $1.6 million from a title insurance company.
Fishers approves $19M auto mall development
The town has agreed to create a tax-increment financing district to help fund infrastructure improvements for Butler Automotive
Group’s proposed development.
Purdue engineering degree to be offered at four sites
Starting next fall, Purdue will start offering the degree in Anderson, Kokomo, Richmond and South Bend. The school says the
new effort is intended to give students an opportunity to earn a Purdue degree while staying close to home.
Slower suburban growth tied to poor economy
Marion, Hamilton and Hendricks counties grew faster than any other Indiana counties last year, but among the three, only Marion
County had a higher growth rate than in previous years.
Report: 3 companies eye Tippecanoe for wind farms
Alternative energy developers are looking at potential wind farm sites in Tippecanoe County and portions of neighboring Fountain
and Montgomery counties.
Heralded BioTown project a shadow of its goal
The tiny town of Reynolds had big plans when Gov. Mitch Daniels touted it in 2005 as the location of BioTown USA, the state's
first project to make a community produce enough energy to become self-sufficient.
Edy’s ice cream plant to expand its work force
Edy's Grand Ice Cream expects to fill 120 full-time production positions — paying about $13 an hour — at its
Fort Wayne plant in the next three months because of demand for its popular Nestle Drumsticks.
Tokusen USA planning 135 jobs at new Scottsburg plant
Arkansas wire-maker Tokusen USA Inc. plans to establish a manufacturing plant in Scottsburg, state economic development officials
said Wednesday, touting the nearly 135 jobs expected over the next two years.
Cummins cuts CEO’s pay by nearly one-quarter
Columbus-based engine maker Cummins trimmed Solso’s total compensation by $2.3 million last year; remainder of management
team took
similar pay cuts.
Judge: Bren Simon can’t liquidate Simon Property holdings
A Hamilton County judge says Mel Simon’s widow can’t cash in partnership units worth more than $500 million.
Cummins expects profit to grow 10 percent a year
Columbus-based Cummins Inc., North America’s largest maker of heavy-duty diesel truck engines, expects pretax profit
to increase 10 percent a year and sales to grow 13 percent annually over the next five years.
Flood leaves redevelopment opportunity for Franklin
The city of Franklin is using the post-flood era to push for comprehensive redevelopment in and around downtown.
The cornerstone of the plan is a flood plain southwest of the courthouse.
Bakehouse drives growth for Scholars Inn
Scholars Inn’s growth engine is its wholesale bakery, which distributes granola and other
fresh products across state lines thanks
to deals with
partners like Kroger.
Lawyers in Simon estate case fight over what should be public
Parties disagreed over public disclosure in the first major court hearing in the dispute over how to divide the billionaire's
fortune.
Logistics firm CEVA to lay off 250 workers in Plainfield
CEVA Logistics U.S. Inc. plans to permanently lay off nearly all of its workers at its warehouse operations in Plainfield,
resulting in the loss of more than 250 jobs.
Magazine names Fishers ‘top affordable suburb’
The Bloomberg BusinessWeek survey gives the town north of Indianapolis high grades for “livability, safety, education, and economic performance.”