Entries from February 2010

ISA Announces Annual Award Winners

February 26th, 2010 · No Comments

The Indiana Subcontractors Association (ISA) named Pepper Construction of Indiana, LLC, and Kettelhut Construction Inc., as its its two “GC of the Year” Award winners at the annual ISA banquet last evening.
Pepper Construction won in the category for general contractors with over $100 million in annual revenue and was recognized for their focus on building [...]

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Tags: awards · news

Study: Property Tax Caps Will Boost State Economy

February 26th, 2010 · No Comments

Property tax caps should boost Indiana’s economy over the next few years by increasing homeowner’s disposable income and lowering costs for businesses, says a new study from Ball State University.
An analysis by Ball State’s Center for Business and Economic Development (CBER) of the economic impact of the property tax caps found that the value of [...]

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Tags: news

Indiana Home Sales Dip But Prices Rise

February 26th, 2010 · No Comments

Indiana home sales in January decreased 1.5% from the same month last year, but median prices saw an increase of 12.4%, according to the Indiana Association of REALTORS’ “Indiana Real Estate Markets Report” for the month of January.
This is the fourth consecutive month that there has been an increase in median prices.
“January’s numbers were [...]

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Tags: news

Notes: New Lafayette Hospital Opens

February 26th, 2010 · No Comments

It was move-in day at St. Elizabeth East in Lafayette.
A Jasper County judge will rule on Porter County’s attempt to pull out of the Northwest Indiana Regional Development Authority on March 11.
The Indiana House approved legislation which would allow the proposed Illiana Expressway to be built by a public-private partnership as a toll road. The [...]

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Tags: news

IU Forms Economic Development Council

February 26th, 2010 · No Comments

As part of its “Innovate Indiana” initiative, Indiana University has established a university-wide engagement council composed of economic development representatives from IU’s eight campuses and three engagement offices located throughout the state.
The newly created IU Council on Regional Engagement and Economic Development will be chaired by Bill Stephan, IU vice president for engagement. The purpose [...]

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Tags: news

Notes: WellPoint CEO Defends Premium Hikes

February 25th, 2010 · No Comments

In testimony before Congress, Angela Braley, CEO of Indianapolis-based WellPoint, blamed recent premium increases on the soaring costs of hospital care and pharmaceuticals.
A Chinese company has pulled out of a deal to buy the Hummer brand, throwing the future of a Mishawaka plant in doubt.
Lending by Indiana banks declined by 10 percent in 2009.
Alcoa will [...]

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Tags: news

Company to Expand in Elkhart

February 25th, 2010 · No Comments

Heat treating service provider Specialty Heat Treating, Inc., said it will expand its facility in Elkhart, a move that is estimated to create up to 26 jobs by 2012.
The Michigan-based company plans to invest $1.5 million to add a new vacuum furnace to its existing 33,000 square-foot facility. The new furnace will provide additional capacity [...]

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Wind Turbine Plant Could Bring 1,800 Jobs to New Castle

February 25th, 2010 · No Comments

The D’Arcinoff Group (DG) has signed a letter of intent to use the former Metaldyne plant in New Castle to house the headquarters of a wind turbine parts and components manufacturing company, Rep. Tom Saunders (R-Lewisville) said.
The business will replace the vacant plant to bring nearly 1,800 new jobs to the New Castle area.
DG is [...]

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Notes: House Votes Against Land-Based Casinos, Unemployment Tax Hike

February 24th, 2010 · No Comments

The Indiana House deep-sixed proposals which would have allowed the state’s maritime casinos to relocate to dry land.
The House also voted last night to kill the proposed increase in the unemployment tax.
A $30 million development including medical offices, a hotel and restaurants is being planned in La Porte.
Japan’s strong economic ties with Indiana will be [...]

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Tags: news

Chamber Launches iPhone App

February 23rd, 2010 · No Comments

The Chamber of Commerce of Southwest Indiana has launched a free iPhone application, making it the first chamber of commerce in the state of Indiana to launch this type of application.
Designed by Agent511, an Owensboro and Chicago-based mobile technology company, The Chamber’s “Discover Southwest Indiana” app has seven featured links, including the following: Southwest Indiana [...]

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Tags: news