INSIDE INDIANA BUSINESS: Indiana pursuing defense business

2013-05-01T12:37:00Z INSIDE INDIANA BUSINESS: Indiana pursuing defense businessGerry Dick Inside Indiana Business
May 01, 2013 12:37 pm  • 

Wednesday's meeting of military commanders from throughout Indiana is "another step" toward securing more defense-related business for the state, said Lt. Gov. Sue Ellspermann. Sen. Dan Coats, U.S. Rep. Susan Brooks and Ellspermann are taking part in a round-table discussion with the military leaders in Lawrence that is billed as the first gathering of its kind in a decade. Ellspermann says the state is uniquely positioned to be an even bigger player in national defense.


IPL touts Morgan County site

Indianapolis Power & Light Co. believes its proposed power station near Martinsville will have an estimated annual economic impact of $48 million. If approved by regulators, construction on the more than $600 million project would begin in 2014 with a target completion date in 2017. The new natural gas plant would pump out about 650 megawatts.


ISU to spur development

Indiana State University President Dan Bradley is calling a proposed multimillion dollar mixed-use student development a "catalyst" for Terre Haute's downtown redevelopment efforts. Vigo County-based Thompson Thrift Development Inc. will build and own the estimated $17.5 million building, and the university is proposing a 30-year lease for the property.


New Ivy Tech campus looms

A plan to turn a Hamilton County middle school into a new Ivy Tech campus is set for a key vote next week. Noblesville School District residents are slated to vote on a referendum that would add to the $12 million set aside in the recently passed state budget.


Indiana not so bicycle friendly

The League of American Bicyclists ranks Indiana 42nd on its annual Bicycle Friendly States list. The research suggests Indiana trails other states in bicyclist-friendly laws. Bicycle Indiana Executive Director Nancy Tibbett says progress is being made in cities including Indianapolis, Columbus and Goshen.


Theater revitalization eyed

The Indiana Theater in Terre Haute is under new management. WTHI-TV reports the owners of Copper Bar and Louise's restaurant have purchased the theater, and plan to use it as an event center.


New brewery breaks ground

The growing Indiana brewing industry is adding another player. Jeffersonville Mayor Mike Moore joined dozens at a groundbreaking ceremony Wednesday for Red Yeti Brewing Co. in the city's downtown.


Concussion technology hailed

A group developing technology that could help detect concussions in soldiers and athletes has won the top prize in the University of Notre Dame's McCloskey Business Plan Competition. As reported in our Life Sciences INdiana newsletter, Contect's service records an individual's voice and detects subtle changes that could be the result of a concussion. Graduate student Shane McQuillan with Contect says the team will now focus on conducting more research with a younger demographic.


Honorary degrees conferred

Purdue University is planning to award 10 honorary doctorates during commencement ceremonies this month. The honorees include the chief executive officer of the National FFA Organization, the CEO of the United Nations Foundation and the president of a company that specializes in "dirty bomb" detection equipment.


Pence to ink military tuition bill

Gov. Mike Pence will sign a veteran tuition bill into law Friday at Indiana University-Purdue University Fort Wayne. The legislation calls for qualified veterans to receive in-state tuition rates at state colleges and universities when they enroll within a year after their discharge.


Transitional care near campus

Louisville-based Kindred Healthcare Inc. is set to begin construction next week on a new 100-bed rehabilitation facility. The Transitional Care Center will be near the Franciscan St. Francis Health Indianapolis campus.


Academy boosts student aid

The Indiana Academy has donated $100,000 to Independent Colleges of Indiana to support student financial aid programs. The academy was founded in 1970 by Associated Colleges of Indiana, which is now ICI.


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