Indianapolis-based Republic Airways Holdings Inc.—which is in the midst of Chapter 11 bankruptcy reorganization—lost a whopping $366.7 million in the third quarter as costs related to the reorganization mounted.
Amazon told IBJ it would hire thousands of seasonal workers in Indiana, including 6,000 at four facilities in the Indianapolis area.
With Project Condor, the manufacturer will update its Tibbs Avenue and Raymond Street plants while continuing uninterrupted production of high-precision engines for military aircraft.
The Indianapolis International Airport plans to purchase six electric shuttle buses, which would constitute the largest electric fleet at any U.S. airport.
Transportation officials in Indiana and Illinois expect to complete a revised environmental impact assessment for the proposed 47-mile Illiana Expressway between the two states this fall.
The site of a former coal-fired power plant in southeastern Indiana will be evaluated as a possible location for a fourth port in the state.
Neither major-party gubernatorial candidate rejects using more so-called P3s in Indiana’s future. Both think the deals have their place, but they differ on when they should be used.
Avept Inc., a distributor of powersports and automotive parts, said it will spend $6.3 million to buy, renovate and equip a 100,000-square-foot building in the Hendricks County community.
Indiana cities with a population of at least 10,000 are now allowed to impose an excise surtax and wheel tax to fund road projects and maintenance, under legislation passed this year.
Two hedge funds that own a quarter of the stock argue the Indianapolis-based carrier, which flies commuter routes on contract for the nation’s biggest airlines, really wasn’t insolvent when the company filed for bankruptcy—a move that gave it the leverage to negotiate much more favorable pacts with Delta, United and American. And with those deals now sealed, the outlook is even brighter.
The Indiana Alcohol and Tobacco Commission has granted Spirited Sales a temporary permit to sell wholesale liquor after a Marion County special judge denied the state’s request for a stay on her August ruling for the company.
Students from 18 colleges and universities are set to participate in the first-ever Conexus Indiana Logistics Case Competition next month in Indianapolis.
The parent company of National Wine & Spirits, has applied to the city for a property-tax abatement on the project that will save it an estimated $335,243 over the eight-year abatement period.
Crews have resumed work on an Interstate 69 project between Bloomington and Martinsville after halting operations earlier this month due to lack of payment.
The deal, which still needs to be approved by the full council, would give the city $45,000 per year in franchise fees.
Standard & Poor’s has issued its second ratings downgrade as delays plague construction of the interstate between Bloomington and Martinsville.
The Indiana Pacers Bikeshare system is adding two new stations next month—and it’s hoping for a much larger expansion down the road.
VMInnovations will distribute everything from electronics to baby products from a 160,000-square-foot building it is renovating at 2812 Airwest Blvd.
According to a tax-abatement application with the city, FedEx plans to install $170 million in new package-sorting equipment, while adding 27 full-time jobs and 178 part-time jobs. It would also retain 728 full-time and about 3,200 part-time workers.
Advocates and opponents of a Nov. 8 referendum that would let the City-County Council increase taxes to pay for a mass transit plan are gearing up to vie for your vote.
