INSIDE INDIANA BUSINESS: Jobs, consumer demand spark optimism

2013-09-05T12:24:00Z 2013-09-05T19:01:08Z INSIDE INDIANA BUSINESS: Jobs, consumer demand spark optimismGerry Dick Inside Indiana Business
September 05, 2013 12:24 pm  • 

An Indiana University Southeast economist says an improving national economy is leading to "very positive" projections for the state. Executive Vice Chancellor For Academic Affairs Uric Dufrene is delivering his annual Labor Day Economic Outlook this afternoon. He says improving job growth and pent-up demand for homes and automobiles have him feeling "the most optimistic" since he began the presentations in 2006. Dufrene says manufacturing still drives a large portion of Indiana's economy.


Fort Wayne Chooses Legacy Project Contractor

Fort Wayne-based Weigand Construction has been selected for a $1.7 million Legacy project to renovate an old arena into a community center. Mayor Tom Henry says work on the first phase of the project could begin next month and be complete next year.


Old National Selling Two Branches

Evansville-based Old National Bancorp is planning to unload two Indiana branches. MainSource Financial Group Inc. (Nasdaq: MSFG) in Greensburg plans to acquire an Old National location in Hope and Madison-based River Valley Bancorp (Nasdaq: RIVR) says it will purchase a branch in Osgood.


IU Reveals 2013 Hall of Fame Inductees

The Indiana University Athletics Hall of Fame has announced its class of 2013. This year's seven honorees will be inducted next month and bring the number of Hall of Fame members to more than 200.


Silver Hawks Rename Stadium

The South Bend Silver Hawks Minor League Baseball team has announced a 10-year stadium naming rights deal with a Michigan-based gaming company. The venue's new name will be Four Winds Field at Stanley Coveleski Stadium.


Cook Medical Debuts New Device

Bloomington-based Cook Medical has rolled out a new kidney and bladder stone device. The company says it uses suction and laser technology to break up large kidney and bladder stones.


Construction Starts on Medical Waste Facility

City and hospital officials have broken ground on a new medical waste operation in Greenfield. The O3 PureMed facility is scheduled to open early next year and is a collaboration between Hancock Regional Hospital and Greenfield-based Fisk Services Inc.


Mainstreet Completes Multi-Million Dollar Deal

Carmel-based Mainstreet Property Group has finalized the sale of a 100-unit central Indiana senior care facility to an affiliated trust. The $17 million deal with Canada-based HealthLease Properties Real Estate Trust involves the Wellbrooke of Avon.


Sports Corp. to Honor Saturdays

Former Indianapolis Colt Jeff Saturday and his wife Karen will receive the Indiana Sports Corp.'s 2013 Pathfinder Award. The honor recognizes people who demonstrate commitment to America's youth.


Gift to Fund New Purdue Institute

Purdue University has received a $1 million gift from the Daniels Fund in Denver. The money will be used to support the new Purdue Institute for Civic Communication for the next four years.


Motorsports Day Underway at IUPUI

Indiana University-Purdue University Indianapolis is holding its annual Motorsports Day. Today's event is designed to increase science, technology, engineering and math graduates.


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