INSIDE INDIANA BUSINESS: Gas plant opens in Northwest Indiana

2014-02-03T12:15:00Z INSIDE INDIANA BUSINESS: Gas plant opens in Northwest IndianaGerry Dick Inside Indiana Business nwitimes.com
February 03, 2014 12:15 pm  • 

A subsidiary of New Jersey-based Linde North America has built a new specialty gases facility in Hammond. The plant produces gases for the food and beverage, power generation and pharmaceutical industries. 

State Sets Sights on Blight

Lt. Gov. Sue Ellspermann says $75 million in federal funding will help Indiana take "a significant step" toward rebuilding communities that have fallen on hard times. The Blight Elimination Program will provide funding to local agencies to tackle foreclosure prevention initiatives and demolish vacant and abandoned properties. The Indiana Housing and Community Development Authority estimates the money can help tear down 4,000 blighted homes in the state.

Indy Businessman, Former Council President Dies

A well-known Indianapolis business leader, philanthropist and politician has passed away. Beurt SerVaas served more than 40 years on the Indianapolis City-County Council, including 27 as president. He was chief executive officer of SerVaas Inc., which owns several companies including Curtis Publishing Co., the publisher of The Saturday Evening Post

Simon CFO to Retire

The chief financial officer at Indianapolis-based Simon Property Group is retiring. Steve Sterrett will leave the position in March 2015. The company plans to carry out a search over the next few months to find a replacement. 

New Owners For Popular Indy Pub

A longtime restaurant in Indianapolis has new owners. Jay and Chelsey Wetzel are now at the helm of Union Jack Pub in Broad Ripple. The eatery had been owned for years by Brenda Rising-Moore.

Proposed Development Set For Vote in Fishers

A proposed $18 million redevelopment project is set tonight to go before the Fishers Town Council. Plans involve a multi-level office building, parking garage and other mixed-use space where a fast food restaurant once stood.

Parking Company Completes Acquisition

Indianapolis-based T2 Systems Inc. has completed its deal for a Canadian software company. The acquisition of Digital Payment Technologies bolsters T2's data analytics efforts. 

Duke Looks For More Solar Sources

Duke Energy Indiana is seeking suppliers focusing on solar energy. The utility has issued a request for proposals from companies with solar electric generating operations that could provide up to five megawatts of power. 

Old National Posts Profit Increase

Evansville-based Old National Bancorp is reporting a full-year profit of $100.9 million, compared to $91.7 million in 2012. The company says the figure is the highest in a dozen years. Read More

WellPoint Sells Subsidiaries

Indianapolis-based WellPoint Inc. has closed the deal to sell 1-800 CONTACTS to a private equity firm. It has also completed the sale of glasses.com to an eyewear design, manufacturing and distribution company

500 Festival Announces Sponsor, Celebrity

The 500 Festival says an Indianapolis company has extended a longtime sponsorship agreement and a well-known entertainer will participate in the Mini-Marathon. It has announced a title sponsor for the 5K race and a celebrity that will lead a charity walk as part of Mini festivities in May.

For more Inside Indiana Business, visit www.insideindianabusiness.com.

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