INSIDE INDIANA BUSINESS: Indy sends 'Super' proposal

2014-05-07T13:52:00Z 2014-05-07T18:40:23Z INSIDE INDIANA BUSINESS: Indy sends 'Super' proposalGerry Dick Inside Indiana Business
May 07, 2014 1:52 pm  • 

Indianapolis' bid to host the 2018 Super Bowl is in the mail. The 900-page package will be distributed to National Football League owners, who will make a decision during meetings next month in Atlanta. Finalists Indianapolis, Minneapolis and New Orleans will each be given 15 minutes for live presentations to owners. Indiana Sports Corp. President Allison Melangton says this bid is "very similar" to previous efforts, but this time around Indianapolis doesn't have to prove it can host the big event.

Japanese Companies Growing in Jackson County

Two subsidiaries of Japan-based Aisin Group Companies have announced plans to expand operations in Crothersville and add a total of up to 74 jobs by 2016. The automotive suppliers say they will invest more than $45 million in the projects.

Transportation Network to Open New Facility

A Fort Wayne-based nonprofit is set to cut the ribbon tomorrow on a new $1 million facility. Community Transportation Network provides door-to-door rides for seniors, people with disabilities and low income families and children.

Jay County Plant Closing

An industrial fan manufacturer is pulling out of Indiana. Hartzell Air Movement is planning to combine its Portland operations with an existing facility in Ohio. In a letter to the Indiana Department of Workforce Development, the company says the move is expected to affect close to four dozen employees.

Purdue Announces Honorary Degree Recipients

Purdue University is awarding 13 honorary degrees during this month's commencement ceremonies. They include doctorates of engineering for an astronaut and a former chief executive officer of Midas International Corp.

Simon Spin-Off Set to be Publicly Traded

Indianapolis-based Simon Property Group Inc. (NYSE: SPG) has announced the date its spin-off will officially go public. Washington Prime Group Inc. is set to be listed on the New York Stock Exchange May 28.

Salin Donates Building to Grant County

Indianapolis-based Salin Bank & Trust Co. has donated its downtown banking center in Marion to Grant County. The gift is valued at nearly $370,000 and the building is expected to become a law enforcement training center.

IU Biologists Land Federal Grant

The U.S. Army Research Office has awarded a team of Indiana University biologists more than $6 million. The school says the funding will support research on how environments affect bacteria.

First Internet Bank Grows Lending Offerings

Indianapolis-based First Internet Bank of Indiana is launching a construction lending program. The bank says the initiative will allow homeowners to convert those loans to mortgages once construction is complete.

AT&T Grows Mobile Internet Coverage

AT&T Inc. has expanded its mobile Internet footprint in eastern and southern Indiana. The company says it has turned on its 4G LTE service in Richmond, New Castle and Tell City.

Ivy Tech, IU East Tout Record Classes

Ivy Tech Community College and Indiana University East say their respective graduating classes will be the largest in history. Ceremonies at 14 Ivy Tech campuses are set to begin tomorrow. IU East will honor graduates next week.

Fort Wayne Group Details Endangered Properties

A Fort Wayne-based historical preservation organization has announced its annual list of the area's most endangered properties. ARCH Inc. says several parks, abandoned college campus buildings, and the Allen County city's General Electric properties are all threatened.

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