INSIDE INDIANA BUSINESS: Amtrak funding faces key vote

2013-11-04T12:45:00Z INSIDE INDIANA BUSINESS: Amtrak funding faces key voteGerry Dick Inside Indiana Business
November 04, 2013 12:45 pm  • 

The West Lafayette City Council was set to vote Monday night on a plan to spend $200,000 to help support a passenger train line to Chicago. Mayor John Dennis says the Hoosier State Line is a "lifeline" for many Purdue students who need to travel to Chicago O'Hare International Airport to fly home. If approved, Dennis tells our partners at Network Indiana/WIBC he would like to see more daily trains and better service for passengers.

Firm Pushing Forward on Frontier Deal

This could be a make or break day in the effort by Indianapolis-based Republic Airways Holdings Inc. to sell Frontier Airlines. Arizona-based Indigo Partners LLC will have to let Republic know today if it plans to pull out of a $145 million agreement. It continues to work out deals with flight attendants and a company providing credit, but says "good progress has been made

Bakery Seeks Abatement on Major Project

A new bakery is seeking preliminary tax abatement approval on a nearly $80 million project in Indianapolis. Specialty Bakery LLC says the proposal would create more than 240 jobs by 2018. The Indianapolis Metropolitan Development Commission will consider the request this week.

Wabash, DePauw Oppose Marriage Amendment

DePauw University and Wabash College are now part of a statewide coalition against a proposed Constitutional amendment banning same-sex marriage in Indiana. The schools are part of Freedom Indiana, which also includes Indiana University, Columbus-based Cummins Inc. (NYSE: CMI) and the Indy Chamber.

Mini-Marathon Announces New Starting System

Organizers of the 500 Festival Mini-Marathon are changing the way runners begin the race. Starting next year, the country's largest half marathon will institute a "wave" start based on the expected finishing times of participants.

Mining Operation Set to Close

Missouri-based Peabody Energy Inc. is planning to end operations at a Daviess County coal mine. In notices to the state, the company expects reserves to run out at the Viking Mine in Cannelburg around the end of the year.

Indiana Part of Johnson & Johnson Settlement

Indiana will receive almost $17 million as part of a multi-state settlement with Johnson & Johnson. The $2.2 billion national agreement resolves legal actions accusing the company of defrauding federal health care programs.

SS&C Growing Footprint in Evansville

Connecticut-based SS&C Technologies Inc. is moving into additional space in Evansville. The Growth Alliance for Greater Evansville says the financial software provider has outgrown its current office at city-owned Innovation Pointe, as it adds IT and technical sales jobs.

Elkhart Company Buys Marion Business

Elkhart-based Welch Packaging Group Inc. has acquired another Hoosier box manufacturer. The Elkhart Truth reports Nova Packaging Inc. in Marion has approximately 60 employees in the Grant County city.

Rolls-Royce Opens Another Indiana Plant

Rolls-Royce has taken the wraps off its 12th location in the state. Ceremonies have taken place to mark the opening of a $42 million engine compressor parts plant in Indianapolis. The facility will have more than 100 high-tech workers when fully operational.

Major Grant Includes Notre Dame Researchers

A global democracy research initiative, which has its U.S. base at the University of Notre Dame, has landed a nearly $6 million grant. The Varieties of Democracy project includes researchers from more than a dozen universities throughout the world.

IU Donation Focuses on Women in Asia

A $100,000 endowment has been established at Indiana University to fund initiatives designed to educate and empower women of the Asia-Pacific region. The gift is from Martha Tilaar, a cosmetics entrepreneur in Indonesia and Alex Tilaar, an education advocate in the Asian nation.

Purdue Names Development VP

Purdue University has named Amy Noah vice president for development. She has worked in the school's development office for more than 12 years and has served as interim vice president since April.

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