The president of Ivy Tech Community College says the school has "run out of easy things to do" and must make difficult decisions such as consolidating two of its regions. Tom Snyder tells Inside INdiana Business the college faces an estimated $40 million funding gap. He says Ivy Tech will continue to limit enrollment in some programs and look at merging other regions. Snyder hopes to find other jobs within the college for some of the employees that may be squeezed out by the merging of the Northwest and North Central regions.
Amusement Park Family Member Dies
The chief executive officer of Santa Claus-based HO HO HOldings LLC has been laid to rest. Philip Koch, a member of the family that founded Holiday World & Splashin' Safari, was in charge of several attractions including Lake Rudolph Campground & RV Resort and the Santa Claus Christmas Store. He was 47.
Cook Saves Another Landmark
A downtown Spencer landmark is set to re-open this weekend after being closed and in disrepair for 14 years. Cook Group Inc. sponsored the renovation of the 300-seat Tivoli Theatre, which originally opened in 1928. Executive Director Dana Beth Evans believes the venue will boost the area's economy by attracting more people downtown. She says the restoration is another chapter in the legacy of Bill Cook.
Pence Orders Review of Property Group Deal
A developer of senior and assisted living properties says it is welcoming an opportunity to "promote transparency." However, Mainstreet Property Group LLC says the decision by Governor Mike Pence to review a letter of intent for state incentives "could affect the timing of strategic decisions affecting the company's growth." Pence has put that letter on hold pending a review by the IEDC board of directors. Mainstreet wants to move its headquarters from Cicero to Carmel and add up to 25 jobs by 2015.
Hicks: Some Businesses Face 'Reality Gap'
A Ball State University economist says education and training are not the only issues that need to be addressed to bridge the skills gap. Center for Business and Economic Research Director Mike Hicks says quality of life is "critical" for companies to attract skilled talent. Discussing a CBER report on the issue, he also says businesses that are looking for highly-skilled workers but offer low pay are suffering from a "reality gap." Hicks says young people approach the job search differently than past generations.
University Lands 'Transformational Gift'
The University of Evansville plans to use the largest single gift in its nearly 160-year history to support faculty and projects in the school's vision statement. William Ridgway has left $39 million to the university to boost his overall contributions to the institution to more than $52 million. Ridgway died last month at the age of 92. University of Evansville President Tom Kazee tells Inside INdiana Business the school wants to build on the donation.
Mayor: Carbon Motors Brought Some 'Great Things'
The mayor of Connersville believes "a lot of good" came out of the failed relationship with Carbon Motors Corp. Leonard Urban says even though the company left without starting production, the city received "great recognition" following the announcement of plans to manufacture police vehicles. He adds Connersville was able to take care of brownfields and enrollment increased at the local Ivy Tech Community College campus. Urban says economic development can be a "tough game to play."
Airline Adding Service Between Indy and L.A.
American Airlines says it will begin nonstop flights between Los Angeles and Indianapolis this summer. The airline says service will begin in late August.
Scotty's Set To Open in Northern Indiana
The newest Scotty's Brewhouse location is slated to open Monday in Mishawaka. Earlier this month, the chain's Indianapolis-based parent company, A Pots & Pans Production LLC, announced it was pulling out of a Marion County location that had only been in business for nine months.
Mission Accomplished in Milan
A successful fundraising effort in Milan could provide a substantial economic boost to the small Ripley County town. Milan '54 Museum officials say they have raised enough money to secure the largest collection of props and uniforms from the movie "Hoosiers." The memorabilia will be displayed at the museum and officials believed the exhibit will help attract more people from throughout the world who want to know the true story about the 1954 championship basketball team.
Auto Supplier Expands Again
A northern Indiana auto supplier is expanding for the third time in less than a year. Topeka-headquartered NISCO plans to add up to 34 jobs in Bremen as part of a $12.7 million investment. The company produces sealing systems for the auto industry.
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