A collaboration of communities near Indianapolis International Airport is aiming to boost economic development. Representatives from 10 municipal organizations are set to officially join the IND AeroVision Committee. Project Manager Corey Wilson tells Inside INdiana Business he believes similar initiatives have been "building blocks" leading to this cooperative effort. Read More He says AeroVision will serve as another economic development "vehicle" for central Indiana.
State Warns of 'Deceptive' Letter
Secretary of State Connie Lawson says multiple Indiana businesses have reported receiving a letter appearing to come from her office soliciting an annual fee. She says the mailing, which requests $125 per year to record a company's annual minutes, is not from the state and should be ignored.
Purdue Shifts to In-House Legal Counsel
After more than 130 years, Purdue University is changing its legal strategy. Steve Schultz is set to join the school Friday as legal counsel, shifting the advisory role away from Lafayette-based law firm Stuart & Branigin LLP. Schultz previously served as chief legal counsel to Daniels during his time as governor.
New Marathon Set For Columbus
An effort to increase sports tourism in the Columbus area has received another boost. The inaugural running of the Mill Race Marathon is scheduled for September. It will serve as a qualifier for the Boston Marathon.
Supply Chain Group to Locate in Tippecanoe County
A Michigan-based supply chain management group is moving an operation from Chicago to Lafayette. Supply Chain Solutions Inc. says the decision should improve coordination with its client, Lafayette-based Wabash National Corp.
Chamber Leader: TIF Approval 'Major Milestone'
Greater Indianapolis Chamber of Commerce President Scott Miller is calling the city-county council's approval of the so-called 'Midtown' tax increment financing district a "powerful economic development tool." Some of the plan's potential revenue includes income taxes from a large parking structure under construction in the Broad Ripple area.
Gerry Dick Joins VYPE Board
Inside INdiana Business Host Gerry Dick has joined the Central Indiana VYPE Foundation's board. The organization provides support and funding for area high school athletic programs.
Oak Street Funding Increases Credit Facility
Carmel-based Oak Street Funding has reached a deal with four banks to increase its credit facility to $55 million. The insurance lender says the move will allow it to fund loans of up to $10 million.
CIRTA Adjusts Commuter Bus Routes
The Central Indiana Regional Transportation Authority is reworking several routes. The organization says many "reverse commute" services that run from downtown Indianapolis to Carmel and Fishers will be changed, extended or eliminated in an effort to provide better access to employers.
Watergate Journalist to Speak at DePauw
Pulitzer Prize-winning journalist Carl Bernstein will deliver an Ubben Lecture at DePauw University next month. He is expected to speak about the future of traditional journalism.
Singapore Sale Fuels CTS Profit Increase
Elkhart-based CTS Corp. is reporting fourth quarter net income of $8.8 million, compared to $5.9 million the same period the previous year. The company says the increase is due in part to the sale and leaseback of a facility in Singapore.
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