Entries from January 2010

Indiana Gets $1.2 Million for Lower-Income, Older Workers

January 29th, 2010 · No Comments

The U.S. Department of Labor today announced $225 million in additional funding for the Senior Community Service Employment Program (SCSEP) in fiscal year 2010. The state of Indiana is among the grantees, getting $1.294 million to address unmet needs for employment and job training among low-income, older workers.
“This additional funding greatly expands SCSEP’s ability to [...]

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Notes: ArcelorMittal to Restart East Chicago Blast Furnace

January 29th, 2010 · No Comments

ArcelorMittal is boosting production at its East Chicago plant.
U.S. Air Ambulance is considering relocating its HQ from Florida to South Bend, but wants more breaks from St. Joseph County.
The U.S. economy grew 5.7% in the fourth quarter of 2009 as companies restocked depleted inventories.
The Indianapolis Convention & Visitors Authority announced yesterday that it had received [...]

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Indiana Receives $71.4 Million in High-Speed Rail Funds

January 29th, 2010 · No Comments

Indiana has received a $71.4 million grant for High-Speed Rail under the American Recovery and Reinvestment Act. The Midwest received $2.6 billion of the $8 billion distributed nationwide under this program.
“By working across state and party lines, the Midwest showed unified support for this energy efficient, modern form of transportation,” said Indiana Department of Transportation [...]

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Zipp Investing $12 Million in Indy Expansion

January 27th, 2010 · No Comments

Racing bike component maker Zipp Speed Weaponry will expand its design and manufacturing operations in Indianapolis, creating 105 new jobs by 2013.
The company, which designs and manufactures wheels, bars and accessories for racing bicycles, will invest $12.4 million to construct a new 70,000-square-foot manufacturing and customer service center on the city’s northwest side.
Zipp, an international [...]

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Express Scripts Consolidating in Indianapolis

January 27th, 2010 · No Comments

Pharmacy benefits management company Express Scripts will consolidate operations in Indianapolis, creating 182 jobs by 2012.
Express Scripts’ entry into Indiana comes in the wake of its 2009 acquisition of Indianapolis-based Wellpoint’s NextRx subsidiaries. The agreement, which was completed in December, called for Express Scripts to take over NextRx’s pharmacy benefits management services, including home delivery [...]

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Notes: Toyota Shutdown Not Leading to Layoffs Yet

January 27th, 2010 · No Comments

Toyota is suspending production of some of its most popular models in order to fix a problem with sticking gas pedals. The move won’t result in in any immediate layoffs at two Indiana factories.
Minor league basketball is returning to Elkhart thanks to five-year sponsorship deal with McDonald’s that puts the defunct Elkhart Express team back [...]

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Notes: Ice Cream Maker Hiring in Fort Wayne

January 26th, 2010 · No Comments

Edy’s Grand ice Cream in Fort Wayne is adding 120 new jobs.
Pitney Bowes is closing up shop in Miamisburg, Ohio, and will shift some operations from that site to its Indianapolis location.
Porter County’s fight to exit the Regional Development Authority is in the hands of a Jasper County judge.
The Lafayette School Corporation believes it can [...]

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Indiana Home Sales End Year on Up Note

January 25th, 2010 · No Comments

The latest “Indiana Real Estate Markets Report” from the Indiana Association of REALTORS (IAR) said Indiana home sales in December 2009 increased 4.1%, and media prices rose 11.2%, compared to December 2008.
This is the third consecutive month that there has been an increase in sales over the previous year and the second consecutive month [...]

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Notes: Colts Headed to the Big Game

January 25th, 2010 · No Comments

The Indianapolis Colts will face the New Orleans Saints in Super Bowl XLIV.
Work on the $345 million Kokomo Corridor Project is set to rev up this spring.
A trio of wind power projects in east central Indiana could be delayed due to lower demand for electricity.
Things are still slow for Northwest Indiana’s construction industry.
Greenwood Mayor Charles [...]

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Indiana Unemployment Rate Ticks Up in December

January 22nd, 2010 · 2 Comments

Indiana’s preliminary seasonally-adjusted unemployment rate for December 2009 increased 0.3 percent to 9.9 percent, the Indiana Department of Workforce Development reported today.
“Indiana and its Midwest neighbors each reported increases or remained virtually flat in December,” said Teresa Voors, Commissioner of the Indiana Department of Workforce Development. “The two largest factors in the December Employment Report [...]

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