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.
Shelbyville
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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.
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.
Kansas City out of running for Harley-Davidson plant
Central Indiana’s chances for landing a Harley-Davidson motorcycle plant have been improved by the elimination of Kansas
City from the list of potential sites.
Shelbyville struggles to reach tech park goals
Despite recent investment by Major Health Partners, Shelbyville’s technology park is about as far from meeting state
standards as it was two years ago.
MillerWhite signs deal with Shelby County Development Corp.
MillerWhite LLC, an Indianapolis-based marketing and communications firm, recently signed a deal to produce
a new logo, tag line and Web site for the Shelby County Development Corp., a Shelbyville-based economic development organization.
Casino-tax controversy lit fire under residents of Fairland, a long-forgotten town
With a town government behind them, Fairland-area residents hope any future growth will be to their benefit.
Recession forces Shelby County’s largest employer to cut workers
Knauf Insulation is cutting 11 percent of its work force in Shelbyville as the recession prolongs the housing downturn that
began two years ago.
As workers lose jobs, Shelbyville hospital loses money
Because major employers in Shelby County have laid off workers, Major Hospital isn’t getting as much income from employer-based
medical insurance plans.
Two central Indiana racinos debut amid tough economy
The next few weeks will be critical for the state’s two new racinos, which need to open with a splash to meet their ambitious
projections of drawing more than 3 million visitors apiece annually. Hoosier Park in Anderson will open June 2, and Indiana
Downs in Shelbyville will follow a week later.
IEDC ups pressure on Shelbyville’s Intelliplex park
Shelbyville leaders and residents are grumbling about restrictions the Indiana Economic Development Corp. just slapped on
Intelliplex, their $22.8 million certified technology park.
Indiana Downs buyout nearing finish line
The high-stakes competition for control of Indiana Downs has entered the homestretch. And South Bend-based Oliver Racing LLC
is poised to win.
Racinos may push gambling’s limits
During their first half-decade in operation, the state's casino slots machines grew their total sales to $22 billion,
according to Indiana Gaming Commission records. But in the last five years, slot sales grew just 18 percent, reaching $25.9
billion in 2006. That's what business textbooks call a maturing market.