INSIDE INDIANA BUSINESS: Manufacturer seeking to expand in Hamilton County

2013-07-27T13:57:00Z INSIDE INDIANA BUSINESS: Manufacturer seeking to expand in Hamilton CountyGerry Dick Inside Indiana Business
July 27, 2013 1:57 pm  • 

Noblesville-based SMC Corp. of America is requesting tax breaks on a multi-million dollar expansion proposal. In a filing with the city council, the manufacturer says recent growth is leading to the need for new production and distribution operations, which could be complete in 2015. SMC Corp. says it has added nearly 200 employees since relocating to Noblesville in 2008. It currently employs 680.


Universities Dubbed 'Great Colleges to Work For'

A national publication has included two universities in the state on its annual "Great Colleges to Work For" list. The Chronicle of Higher Education gathered the data from surveys with nearly 45,000 college employees. Key factors include job satisfaction and career development. Manchester University and the University of Notre Dame are the only Indiana institutions on the nearly 100-school list.


State Schools Considered Among 'Top Colleges'

Eighteen colleges and universities in Indiana are included in a national publication's "America's Top Colleges" rankings. Forbes measured more than 600 schools on factors including student satisfaction, student debt and post-graduate success. Forbes says the list focuses primarily on return-on-investment. The University of Notre Dame, DePauw University and Indiana University in Bloomington all placed in the top 100.


Indianapolis Airport Announces More Nonstop Flights

The air service director of the state's largest airport is hopeful two new international flights will bring further growth because "success breeds success." Chris Matney hopes passengers will support the new routes as the airport continues to seek more leisure and business destinations, especially on the West Coast. Delta Air Lines Inc. (NYSE: DAL) is slated to begin weekly service from Indianapolis to Montego Bay, Jamaica and Nassau, Bahamas in December. Matney tells Inside INdiana Business the emphasis in on airports and cities, not airlines, to "build a case" for more flights.


Pence, Buffett Cut Ribbon on GEICO Center

Governor Mike Pence, Berkshire Hathaway Inc. (NYSE: BRK) Chief Executive Officer Warren Buffett and GEICO leaders have cut the ribbon on a major service center in Carmel. The Washington D.C. area-based auto insurer plans to hire 1,200 for the operation by 2016. GEICO is a Berkshire Hathaway company.

Benner: Brickyard Still a Boon For IMS

Inside INdiana Business Sports Contributor Bill Benner says, despite a perceived lack of buzz around this year's race, the Indianapolis Motor Speedway continues to make money during its annual NASCAR event. He says a solid sponsorship and television packages have made the Brickyard race a success. He discussed Sunday's Samuel Deeds 400 at the Brickyard during an interview to air this weekend on Inside INdiana Business Television. Indiana University graduate and ESPN SportsCenter anchor Sage Steele will drive the pace car to lead the field to the green flag..


South Bend Mayor: Sustainability Equals Jobs

The city of South Bend is expecting hundreds of people to attend a conference this fall focused on creating an environmentally-friendly community. Mayor Pete Buttigieg says cities cannot be economically viable without long-term sustainability. He says an increasing number of job creators want to know what a community is doing to make sure it will be "just as livable" in 50 years. Buttigieg says "a lot of the most interesting business growth" in the area is related to sustainability.


Banks Announce Merger

Jasper-based German American Bancorp Inc. is growing. Bloomington-based United Commerce Bancorp is merging into German American. The more than $15 million deal involves United Commerce Bancorp's two offices in Bloomington.


Hologic Details Layoff Timeline

Massachusetts-based Hologic Inc. has provided additional details of a plan to close an Indianapolis facility. In a notice to the state, the company says the move affects 140 workers and a round of cuts is scheduled to begin this month. Additional employees are expected to be let go in September, November and December. Hologic says when the layoffs are complete around the end of the year, it will result in the Marion County operation's permanent closure.


Pence Announces ISU Board Appointments

Governor Mike Pence has made multiple appointments to the Indiana State University Board of Trustees. They are former software company executive Jeffrey Taylor and student trustee Erin Sluyter. Former U.S. Congressman Ed Pease has been reappointed to the board.


Hovercraft Maker Strikes Deal With Ohio Golf Course

Terre Haute-based Neoteric Hovercraft says a golf course near Columbus, Ohio will be the first in the country to own the company's hovercraft golf carts. Windy Knoll Golf Club has purchased two of the carts, which hit the global spotlight thanks to a viral video of golfer Bubba Watson using one of the vehicles.


Pence Salutes Artists

A handful of Hoosier artists has been selected as winners of this year's Governor's Arts Awards. Recipients include Indianapolis philanthropist Cristel DeHaan, Tennessee-based Singer/Songwriter John Hiatt and Bloomington Mayor Mark Kruzan.


Hospital 'Embracing' Health Care Reform

A Vincennes hospital says it is being proactive and maintaining a "positive outlook" on health care reform. Good Samaritan Hospital Chief Financial Officer Jerry Stump says the organization is implementing a health care model based on the Affordable Care Act's policy of Medicare reimbursement based on "the value of care, not the volume of care." He says the hospital's preparations will allow it to transition into the new payment policies more smoothly. Stump says the hospital's growth plans remain "full steam ahead."


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