usiness and Congressional leaders in Indiana are focusing on a key aspect of the federal health care employer mandate, now that its implementation has been delayed for one year. Indiana Chamber of Commerce President Kevin Brinegar says the decision gives Congress a chance to change the law's definition of a full-time employee. Senator Joe Donnelly (D) is drumming up support for a proposal to define full-time as a worker who puts in 40 hours a week. Our partners at WBAA in West Lafayette report Donnelly discussed the issue this week with Lafayette School Corp. teachers.
Pence Pushes Berry For State GOP Chairman
Governor Mike Pence is recommending State Auditor Tim Berry for chairman of the Indiana Republican Party. He would replace Eric Holcomb, who will become Senator Dan Coats' state chief of staff next week.
GM Supplier Planning Indiana Jobs
Canada-based Ground Effects LLC says it will open an automotive accessories processing facility in northeast Indiana. The General Motors Co. (NYSE: GM) supplier plans to invest $3.4 million to upgrade a Roanoke building and add up to 160 workers by 2017. The new operation could be running by the end of the year.
BP Starts New Whiting Unit
BP PLC has completed a major phase of the massive upgrade to its Whiting refinery. The company says it has started a crude distillation unit and "more than 95 percent" of the nearly $4 billion construction project is finished. The upgrade will allow the plant to process more "heavy sour" crude oil, which is common in countries such as Canada.
St. Vincent Announces Cuts
Federal healthcare reform and decreasing reimbursement has led a major central Indiana employer to reduce costs. St. Vincent Health says it is cutting 5 percent of its labor expense throughout the 22 hospital network. The hospital system has not officially announced the number of employees that will be affected by the move.
Community Health Unveils New Internal Structure
Community Health Network in Indianapolis says a new internal structure will allow the system to be more efficient "without an enterprise-wide reduction in work force." The changes include uniting some of the network's functions under common leadership.
Smaller Bank Touts Big Time Technology
An Indianapolis-headquartered bank has brought ATMs on "steroids" to Indiana. Salin Community Bank & Trust Co. says it is the first in the state to offer virtual tellers at the money machines. The technology allows customers to deal with live tellers, based in Lafayette, from locations throughout Indiana. Salin has 14 virtual teller locations and plans to roll out more this year. Executive Vice President Robin Walker tells Inside INdiana Business Host Gerry Dick the ATMs help the smaller bank "level the playing field."
Governor Appoints Ivy Tech Trustees
Governor Mike Pence has made multiple appointments to the Ivy Tech Community College Board of Trustees. They are Indianapolis-based AIT Laboratories Chief Executive Officer Mike Evans, Evansville-based Old National Bancorp (NYSE: ONB) CEO Bob Jones, South Bend-based HQ Investments Founder Larry Garatoni, Fort Wayne Consultant Paula Hughes and the previous owner operator of Dora Enterprises Michael Dora.
Red Skelton Museum Set For Grand Opening
A grand opening is set for later this month for a museum honoring an Indiana-born comedy icon. The Red Skelton Museum of American Comedy will showcase memorabilia valued at more than $4.5 million, including more than 200 original paintings.
Indianapolis Consulting Firm Acquired
Indianapolis-based Dunbar, Cook & Shepard P.C. has been acquired by a Cincinnati firm. VonLehman & Co. says all of the Indiana company's employees will join the combined firm.
Ortho Company Lands Big Investment
A Warsaw-based orthopaedic device manufacturer has secured $10 million in funding. Nextremity Solutions says the private placement will help accelerate its foot and ankle product portfolio and boost support of its pipeline.
Elevate Program Surpasses Initial Impact Expectations
A private venture development group is expanding a successful program that has been focusing on second-stage companies in northern Indiana. Elevate Ventures says many of the 75 companies that just completed the first year anticipate adding jobs and increasing revenue. There are plans to take the program to other parts of the state. Elevate Ventures Venture Partner David Clark says the initiative's impact so far has surpassed expectations.
Authorities Announce Guilty Plea in Lilly Heist
A Miami resident has pleaded guilty to charges stemming from a $90 million pharmaceutical heist at an Eli Lilly and Co. (NYSE: LLY) warehouse in Connecticut. Acting United States Attorney Deirdre Daly says the theft is "reportedly the largest in Connecticut history." The heist involved thousands of boxes of pharmaceuticals, including Prozac, Zyprexa and Cymbalta, that were eventually recovered at a storage facility in Florida.
Fort Wayne to Buy Aqua Indiana Facilities
The city of Fort Wayne has reached an agreement to purchase area Aqua Indiana drinking water facilities in a $67 million deal. The agreement must still be approved by the Fort Wayne City Council, Aqua America's board of directors and the Indiana Utility Regulatory Commission.
South Bend Seeking Development of Two Key Sites
The city of South Bend is shopping two high-profile sites to developers. The St. Joseph County city is accepting proposals for a multi-tenant building at Ignition Park. It has also released a video promoting redevelopment opportunities for the former College Football Hall of Fame.
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