INSIDE INDIANA BUSINESS: Mainstreet to detail ambitious growth plan

2014-02-06T12:24:00Z INSIDE INDIANA BUSINESS: Mainstreet to detail ambitious growth planGerry Dick Inside Indiana Business
February 06, 2014 12:24 pm  • 

A Hoosier developer is set to outline a three-year plan tomorrow morning it says will result in thousands of jobs in the state. Carmel-based Mainstreet Property Group LLC says the expansions will make it one of Indiana's "largest economic engines."

IU Health, UnitedHealthcare Strike Deal

Indiana University Health and UnitedHealthcare have reached an agreement on a new contract. The previous deal expired December 31. IU Health says more than 400,000 Hoosiers are insured by UnitedHealthcare. R

Airport Executive Director Resigns

The head of Terre Haute International Airport-Hulman Field has stepped down. Bill McKown served as executive director since 2012. Members of the board of directors say they are "very supportive" of the decision and are expected to announce a new leadership plan next week.

Businesses Among 'Training Top 125'

A national professional development publication has ranked multiple Indiana-based companies among its annual "Training Top 125." Training magazine considers factors including financial investment in employee development and how closely development efforts are linked to business objectives.

Freedom Indiana Adds More Companies

More than one dozen additional Indiana employers have joined a coalition opposing a proposed amendment to the state Constitution that would further define marriage. Freedom Indiana says the new members include Indianapolis-based Angie's List Inc. (Nasdaq: ANGI) and Dow AgroSciences LLC.

IUSB Gift to Fund Scholarships

Indiana University South Bend has landed a $1 million donation. The gift from the Vera Z. Dwyer Charitable Trust will fund scholarships for College of Health Sciences undergraduate students.

Reddit Co-founder to Speak at Purdue

One of the creators of a popular social news and entertainment website will speak this month at Purdue University. Reddit co-founder Alexis Ohanian will discuss entrepreneurship at an event hosted by student-run business incubator The Anvil and the Purdue Entrepreneurship and Innovation Club.

Hunger Organization Selects Executive Director

Christina Smith has been named the first executive director of Kids Against Hunger of Central Indiana. She has served in fundraising roles for Purdue University, Grace College and Fort Wayne-based Questa Foundation for Education.

Frye Receives Clean Cities Award

State Representative Randy Frye (R-67) has received the Greater Indiana Clean Cities Stakeholder Award. The organization says the honor recognizes Frye's efforts in pushing legislation that incentivizes using natural gas as a motor fuel.

Cummins Reports Higher Quarterly Profit

Columbus-based Cummins Inc., which marked its 95th anniversary this week, is reporting fourth quarter net income of $432 million, compared to $369 million for the same period last year. The engine manufacturer says full-year net income was $1.48 billion, compared to $1.66 billion in 2012.

Wabash National Profit Drops

Lafayette-based Wabash National Corp. is reporting 2013 net income of $46.5 million, down from $105.6 million the previous year. Chief Executive Officer Dick Giromini believes a "healthy backlog of orders" will result in stronger numbers this year.

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