Countertop maker to close Shelbyville plant
Iowa-based VT Industries will close its countertop manufacturing plant in Shelbyville and move the work to a new facility in Maryland, the company said Friday.
Shelby County
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Marsh in Shelbyville among latest stores to close
The supermarket chain has closed a store in Rushville and will shut others in Shelbyville and Connersville by the end of February. The closures will leave Marsh with 97 stores, about half of which are in Indianapolis.
Daniels appoints new judges in two counties
Gov. Mitch Daniels has appointed new judges in Boone and Shelby counties.
Indiana Live owners miss interest payment
The owners of Indiana Live racetrack and casino failed to make an interest payment due Nov. 1 on $375 million in debt, providing additional fodder for credit analysts already worried about its financial condition.
Indiana Live swamped by debt, faces potential default
Owners of the Indiana Live racetrack and casino face an interest payment on the lion’s share of their $544 million in debt next month, as credit analysts continue fretting about the company’s ability to pay its bills.
Stanley moving production to new Greenfield plant
Connecticut-based Stanley Black & Decker Inc. plans to combine two of its manufacturing operations at a new facility in Greenfield, transferring about 100 workers from Shelbyville and adding as many as 80 jobs in the next two years.
Indiana Downs cancels horse races after complaints
The Shelbyville track's final race on Monday was canceled after a horse pulled up lame and was later euthanized. The track
canceled its full card of Tuesday races.
Shelbyville, county plan economic development projects
Millions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.
Shelbyville man sentenced for ripping off employer
John K. Branam was sentenced to 57 months in prison after pleading guilty to embezzling $1.6 million over four years from
King’s Title & Abstract Co.in Shelbyville.
Camp Atterbury makes cut for Guard mobilization centers
Camp’s role in deploying units overseas will be secure for years to come despite Defense Department cutbacks, says leader
of Indiana National Guard.
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.
Carbon Motors’ prototype cop car is crammed with technology
The specialized vehicle can read license plates, sniff for weapons of mass destruction and see people and animals in
the dark.
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.
Former Shelbyville office manager charged with embezzlement
Federal prosecutors allege man embezzled $1.6 million from a title insurance company.
Shelbyville tech park keeps tax incentives
State officials are giving Shelbyville’s struggling Intelliplex business park another chance to use tax incentives to land
new companies
and high-paying jobs.
Knauf fills new CEO position
Knauf Insulation in Shelbyville appoints a company executive to its newly created position of CEO of North American operations.
Kentucky governor thinks chances slim for Harley plant
Earlier this year, the company eliminated Shelby County in Indiana from contention for the manufacturing facility.
Suburban counties building outer loop to avoid Indianapolis
Counties wanting to speed traffic among suburbs are building highways to avoid having to travel into Indianapolis. The result,
a 100-mile outer loop beyond Interstate 465, won’t be completed for years, and it won’t be built to consistent standards,
but it might help ease congestion.
Blue River posts loss on poor loan climate
Shelbyville-based Blue River Bancshares Inc. on Tuesday night said mounting loan losses contributed to a third-quarter loss of $356,000.
Five Indiana counties form biz-development group
The newly formed Interstate 74 Business Corridor includes Shelby, Rush, Decatur, Ripley and Dearborn counties, as well as
the city of Batesville.