INSIDE INDIANA BUSINESS: Former execs sue Carbon Motors

2013-05-22T12:16:00Z INSIDE INDIANA BUSINESS: Former execs sue Carbon MotorsGerry Dick Inside Indiana Business
May 22, 2013 12:16 pm  • 

Three former executives are seeking hundreds of thousands of dollars from the defunct Carbon Motors Corp. in Connersville. The News-Examiner reports a lawsuit filed in Fayette Circuit Court alleges the company failed to pay them more than $600,000 in deferred wages.


Pence unveils Wilson Fellows

Gov. Mike Pence announced the 2013 Woodrow Wilson Indiana Teaching Fellows at the Statehouse. Last year's class included 54 people.


Land bank program on hold

The city of Indianapolis says the administration of its land bank program is on hold. The announcement comes after the indictment of two officials related to the initiative. Department of Metropolitan Development Director Adam Thies says officials eventually will have to figure out how to deal with thousands of abandoned properties. He said the number of vacant and abandoned properties in the city fluctuates.


SBA loans aid Anderson firms

The Flagship Enterprise Center in Anderson has been approved to administer an additional $500,000 in loans. The incubator plans to use the funds from the Small Business Administration to help launch or grow up to 50 businesses.


Simon to revamp outlet center

Indianapolis-based Simon Property Group Inc. plans to invest $170 million to expand a Premium Outlets location in New York state. Woodbury Common is one of the largest shopping complexes in the country. It currently employs more than 4,000 and will add at least another 400 jobs once the expansion is complete.


Mind Trust lands $3.5M grant

Indianapolis-based The Mind Trust has been awarded a nearly $3.5 million grant by Lilly Endowment Inc. The organization says the funding will support an effort to bring nearly 200 educators to the area in conjunction with Teach For America and the group formerly known as The New Teacher Project.


Tech education push funded

The Indiana Department of Education has awarded more than $350,000 in grants to school districts throughout the state. The funds will support career and technical education initiatives.


Food security event at Purdue

Graduate students from 25 universities throughout the country will participate in the second Borlaug Summer Institute on Global Food Security beginning this month at Purdue University. The program is part of a five-year effort to educate students about issues including climate change and sustainable agriculture.


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