Archives
Allison Transmission Sold To Two Companies
(INDIANAPOLIS) - General Motors is confirming that it has reached an agreement to sell Allison Transmission in Indianapolis to the Carlyle Group and Onex, a private equity consortium, for about 5.6 billion dollars.
BBB Warns Against Layaway Company
(UNDATED) - The Better Business Bureau of Northern Indiana is cautioning consumers regarding Bluehippo Funding, a financial services company.
Conexus To Build Skilled Indiana Workforce
(UNDATED) - A new economic development initiative aims to bring growth to the state’s manufacturing industry.
Tipton Gets Chrysler Factory Deal
(BUNKER HILL) - Economic development leaders in Miami County are expressing frustration over why they lost out to Tipton in bidding for a new Chrysler transmission factory.
Muncie Seeks To Build Downtown Hotel
(MUNCIE) - The city of Muncie says it wants to build a downtown hotel next to the Horizon Convention Center.
Newspaper Fire Caused By Lightning
(CLINTON) - Authorities say a fire at the Daily Clintonian newspaper building destroyed most of its computers and delayed deliveries.
Thomson Factory Fire Deemed An Accident
(MARION) - The June 13th fire that demolished the former Thomson factory in Marion was an accident.
Ford Offers To Keep Plant Open
(INDIANAPOLIS) - Ford is offering to keep its Indianapolis steering-system plant open an extra two years.
Fireplace Manufacturer To Expand
(HUNTINGTON) - One of North America’s largest fireplace and stove manufacturers is closing its Ontario plant to expand its facility in Huntington.
Indiana Unemployment Rate Drops
(WASHINGTON, D.C.) - Indiana has posted its best unemployment rate in nearly six years… even though the state lost 21-hundred jobs last month.
Transmission Plant To Be Built In Tipton
(TIPTON) - Governor Mitch Daniels, Chrysler, GETRAG and UAW officials were on hand this afternoon to announce plans for a new joint venture transmission plant in Tipton.
Finish Line To Buy Out Genesco
(INDIANAPOLIS) - Finish Line says it plans to purchase footwear and accessories retailer Genesco for nearly one-and-a-half billion dollars.
Edy's Ice Cream To Expand In Fort Wayne
(FORT WAYNE) - Edy’S Grand Ice Cream has announced a $29.5-million dollar expansion project at its facility in Fort Wayne that is expected to create 65 new jobs.
Earnings Grow Faster Than Jobs In Indiana
(BLOOMINGTON) - Job growth in Indiana during the first half of this decade advanced by a mere .2%.
Indy Businesses Looking To Hire
(INDIANAPOLIS) - Indianapolis area employers expect to hire at a brisk pace during the third quarter of 2007, according to the manpower employment outlook survey.
Electronic Tolling Soon For Toll Motorists
(UNDATED) - Motorists on the Indiana toll road will be able to use electronic tolling by the end of the month.
Cummins Breaks New Ground In China
(COLUMBUS) - Columbus-based Cummins broke ground today in China on what is the company’s first fuel systems plant outside of North America.
New Ethanol Plant To Bring Jobs
(NILES) - A $200-million dollar ethanol plant is headed to Niles.
LHT Capital Wants A Buyout
(UNDATED) - Four weeks after Governor Daniels signed the bill authorizing slot machines at Indiana’s two horse-racing tracks, the tracks’ lead owners are looking to buy out their partners.
Sludge Site Converted For Farmland
(WESTPHALIA) - A Knox County site full of oil sludge can now be used as productive farmland.
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