Indiana Toll Road operator facing debt woes
The Spanish-Australian investor group Cintra-Macquarie paid the state $3.8 billion in 2006 for a 75-year lease of the 157-mile highway, but its toll revenue hasn't met expectations.
Transportation
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Labor Department steps up scrutiny of Amazon centers
The feds said last week that they were examining two worker deaths at warehouses operated by the world’s largest online retailer. Amazon has nearly 100 warehouses worldwide, including several in Indiana.
Fate of Hoosier State Amtrak route facing questions
INDOT is expected to announce in the next two weeks a finalist from four proposals for services, which include operating the train route in its entirety or providing services such as Wi-Fi or food and beverage.
GM continues down recall road, now citing Camaros
The automaker is recalling nearly 512,000 Chevrolet Camaro muscle cars from 2010 to 2014 because a driver’s knee can bump the key and knock the switch out of the “run” position.
Canopy company to make repairs at airport after collapse
The Indianapolis International Airport won't file an insurance claim over the failure of its garage canopy because vendor Span Systems has agreed to cover part of the repairs.
Illiana highway ruling slowed by wildlife concerns
Federal approval for the Illiana Expressway toll road has been delayed by concerns from the U.S. Fish and Wildlife Service partly over how the project might affect endangered species, an Indiana Department of Transportation project manager said.
State excels in manufacturing and logistics, but issues loom
Indiana’s sectors are among the strongest in the nation, according to a recent report. But challenges remain in work force education, the cost of worker benefits, and the pace of innovation.
Roberts leaving downtown location as part of $2.5M expansion
The retailer of photo, video and electronics equipment will move from 255 S. Meridian St. to larger downtown space at 220 E. St. Clair St. Roberts plans to add 35 workers by 2018.
Heads roll at GM after investigation of defective switch
The automaker says 15 employees—many of them senior legal and engineering executives—have been forced out of the company for failing to disclose the defect linked to 13 deaths.
County continues to build case for State Road 37 overhaul
Hamilton County officials are circling the wagons to prepare for negotiations over the future of State Road 37.
City-County Council OKs $16M more in road-repair spending
The amount adds to the already $8.3 million in street-repair spending that was approved by the council May 12.
Online grocer plans 238 jobs in Indianapolis
Peapod Inc., an online grocery-delivery service, is seeking city tax incentives to help it with an expansion that would create 238 jobs by 2018. The jobs would pay about $15 per hour.
Shine comes off privatization for state projects
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
Big-rig seller Stoops to unload six-location dealership
Stoops Freightliner, an Indianapolis truck and trailer dealer, has agreed to sell to a larger dealership after more than 25 years in business. Owner Jeff Stoops grew it into a $323 million firm with 563 employees.
Republic Airways considers ending $3B jet order
The 40 Bombardier CS300 aircraft on order at Republic Airways Holdings Inc. are no longer a top priority as the Indianapolis-based company returns to its roots as a provider of regional flights for larger carriers, CEO Bryan Bedford said.
Bollore Group chairman predicts Indy profitability
Speaking at Monday’s BlueIndy ribbon-cutting downtown, Bollore Group Chairman Vincent Bollore said the electric car-sharing service will need 15,000 to 20,000 regular users to break even.
City unveils first car-sharing charging station
A French company on Monday unveiled its first electric car-charging station in Indianapolis, where drivers will be able to rent plug-in vehicles for short-term trips later this year.
Sparks fly as high-tech RV-maker parts ways with CEO
Charles Hoefer Jr. charges in a lawsuit that he was fired as CEO of Global Caravan Technologies as part of a conspiracy by other company insiders to defraud him of “rightful majority ownership."
Senators: Administration must support biodiesel
The Obama administration is considering changes that would significantly reduce the required amount of biodiesel in the United States. Industry groups, farm state lawmakers and others have called on the administration to reconsider.
Factory for refurbishing buses to close doors
Many of the 160 workers for ABC Companies in Nappanee will have a shot at jobs in a nearby plant for building double-decker buses.