INSIDE INDIANA BUSINESS: Lilly to double diabetes investment

2013-04-02T13:25:00Z 2013-04-04T16:33:18Z INSIDE INDIANA BUSINESS: Lilly to double diabetes investmentGerry Dick Inside Indiana Business nwitimes.com
April 02, 2013 1:25 pm  • 

Eli Lilly and Co. is looking to more than double a previously-announced, large-scale investment to expand its insulin manufacturing operations in Indianapolis. The pharmaceutical maker is proposing more than $180 million in additional funding to add a second cartridge-filling line and boost insulin production. The company says the move would create 100 construction jobs and eventually employ approximately 175 highly skilled, full-time workers. Spokesman Ed Sagebiel says the state possesses "a wealth" of support for the life sciences sector.

 

Committee Halts Mass Transit Bill

A bill that calls for a referendum on funding expanded mass transit in central Indiana has hit a snag. The Senate Tax and Fiscal Policy Committee moved the issue to a summer study committee.

 

Former IPFW Chancellor Claims Gender Discrimination

The former chancellor of IPFW has filed a federal lawsuit against Purdue University, claiming he was forced out because of his gender. The Journal Gazette in Fort Wayne reports the suit alleges France Cordóva, who was Purdue's president during Wartell's ouster, was aiming to add more female administrators.

 

College Announces 'Four-Year Graduation Promise'

St. Mary's College has unveiled an initiative designed to help control higher education costs. The school's new "Four-Year Graduation Promise" states that students who follow certain guidelines are guaranteed to graduate in four years, or the college will pay for additional courses needed to complete a degree.

 

Conexus Partners on Transportation Effort

Conexus Indiana and the Corporate Partnership for Economic Growth have partnered to form an organization designed to help strengthen regional transportation efforts. The North Central Regional Logistics Council will be tasked with developing strategies for growth and investment in the sector.

 

Bloomington Publisher Lands New Mexico Contract

Bloomington-based education publisher Solution Tree is part of a partnership that will help implement common core standards in New Mexico. The contract includes on-site and online training and program evaluation.

 

Pence Discusses Higher Education at Conference

Governor Mike Pence outlined his higher education agenda at the Kent Weldon Conference for Higher Education in Indianapolis today. Pence says much of his focus is on making college more affordable by increasing on-time graduation.

 

Evansville Registers Low 'Well-Being' Score

Evansville ranks near the bottom of an index measuring the well-being of U.S. metropolitan cities. Gallup Inc. says communities that ranked low on the list usually have a higher rate of obesity, high blood pressure, diabetes and physical pain.

 

Manufacturer Makes Another Acquisition

Versailles-based Elgin Fastener Group LLC has completed the acquisition of a Las Vegas company. Chief Executive Officer Jeff Liter says the deal for Vegas Fastener Manufacturing takes Elgin to "a new level of supplier recognition."

 

United Way Touts Record Fundraising

United Way of Central Indiana is projecting its 2012 campaign fundraising will top $41 million. The organization says the total is a record and nearly a quarter-million dollars above 2011 giving.

 

Boone County EDC Names Director

The Boone County Economic Development Corp. has named Bryan Brackemyre executive director. He has been with the organization since 2009 and had been serving in the role on an interim basis.

 

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

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