IndyGo, for all its faults, is the Cadillac of transit systems in the Indianapolis region. Service breaks at county lines
and the absence of passenger shelters are among the deficiencies facing transit systems in surrounding counties.
The Johnson County community hopes an economic stimulus grant for transportation will hasten its plans to build an east-west
thoroughfare and set the stage for a new Interstate 65 interchange.
Despite a swooning economy that has hammered the time-share condominium industry over the last 18 months, Resort Condominiums
International continues to outperform its market. That’s not to say there hasn’t been some pain at
the company formerly headquartered in Carmel.
Indianapolis-based Centaur LLC, owner of Anderson’s Hoosier Park horse track and casino, missed a $13.4 million interest payment due Tuesday on its more than $400 million in outstanding debt, putting the company in default with its lenders.
Zuna Infotech will locate in Kokomo’s Inventrek Technology Park, a high-tech business incubator and state-certified technology
park.
Greenwood officials have begun discussing the possibility of moving the town’s small municipal airport to a more rural area
east of Interstate 65.
Hendricks County’s moves to entice a developer to build a conference hotel in Plainfield could further crimp plans
for
a
hotel attached to the new Indianapolis International Airport terminal.
Of all the inappropriate postmarks for the largest distributor of plug-in electric vehicles in Indiana,
Gas City, about an hour north of Indianapolis, takes the prize. But Steve Mitchell, proprietor of Electric Cars
and Carts, figures he’s in the right place as far as business prospects go. Despite a stalled economy, Mitchell’s
electric vehicle sales are up 35 percent over the same month last year.
Bloomington-based Cook Group Inc. might have to cut as many as 1,000 local jobs if Congress enacts a tax on medical devices
to pay for health care reform, company founder Bill Cook said in an interview.
The Central Indiana Regional Transportation Authority, IndyGo and other Indianapolis-area transit groups are the subject of
a study that could result in them being reorganized.
It’s good to be among the favored few, those blessed by the Federal Deposit Insurance Corp. to scoop up the remnants
of failed banks. Because it was on the FDIC list of approved buyers, Cincinnati-based First Financial Bancorp
was able to acquire Columbus, Ind.-based Irwin Financial Corp.’s banking operations under terms
that would make any deal-maker proud.
Bloomington-based Cook Group Inc. could find itself cutting as many as 1,000 local jobs if Congress enacts a tax on
medical devices to pay for health care reform, company founder Bill Cook said in an interview.
The insurer of the Little Nashville Opry is offering an additional $25,000 reward for information leading to convictions in
the Sept. 19 arson that destroyed the Brown County concert venue.
General Motors Co. says it’s investing $364 million in its Marion Metal Center in Indiana and will employ about 230 workers
transferring from plants in Michigan and Ohio.
The number of building permits issued in the nine-county Indianapolis area fell 20 percent in September from the same time
last year, marking 23 consecutive months of declines.
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder
CP Morgan Communities.
File-hosting firm is launching new security software that could set it apart in a crowded field.
Bloomington Mayor Mark Kruzan believes this beloved college town loses a bit of its identity every time a national chain sets up shop.
The developer of a proposed hotel and water park in Fishers remains optimistic the project will get finished, despite the
latest setback delaying the start of construction by at least two years.
Eli Lilly and Co. will sell its manufacturing plant in Lafayette to a German company in its first major move toward reducing its work force by 5,500 employees and cutting its operating expenses by $1 billion.
