One of the authors of an annual manufacturing study says this year's results show "the bad old days of cost-cutting are behind us." Associate professor at Indiana University's Kelley School of Business Mark Frohlich says companies are demonstrating a "strong emphasis" on investing for growth and are "betting" on their employees, processes and products. He says the seventh annual Indiana Manufacturing Survey also reveals continuing concerns about the skills gap and rising material costs.
Multimillion-dollar utility deal heads to IURC
A $91 million deal to transfer Westfield Utilities to Citizens Energy Group has been sent to the Indiana Utility Regulatory Commission. The IURC will review the agreement that also assigns cell phone tower contracts to Citizens. The city says the deal will erase $45 million of debt and provide $40 million for infrastructure improvements.
Hardware show to bring major impact
Fort Wayne-based Do it Best Corp. expects to conduct more than $100 million in business during its October Market this weekend in Indianapolis. Visit Indy estimates the event will draw more than 10,000 people and generate $20 million in economic activity.
Details coming on new trucker program
Lt. Gov. Sue Ellspermann was set to join executives in Northeast Indiana Wednesday afternoon to announce a new training program. The initiative will aim to boost the number of certified truck drivers in Wells and surrounding counties.
Travel sites highlight Hoosier hotels
Two national travel websites have ranked a couple of Indiana hotels among the country's best. Trip Advisor has put an Indianapolis site on its "Hot New Hotels" list and Conde Nast Traveler's Top 10 Hotels in the Midwest includes a southern Indiana property.
Airport solar farm to be commissioned
What developers describe as the largest airport-based solar farm in North America will be commissioned Friday. The approximately $40 million project at Indianapolis International Airport includes more than 44,000 solar panels.
BioCrossroads unveils new venture finalists
BioCrossroads has announced the seven finalists in its 2013 New Venture Competition. The early-stage companies will compete for the top prize next week at the Indiana Life Sciences Summit in Indianapolis.
Library project receives Lilly Endowment funding
The Private Academic Library Network of Indiana has landed a $225,000 grant from Indianapolis-based Lilly Endowment Inc. The funding will support the Shared Print Collection project, which aims to take inventory of the holdings at all the state's academic libraries.
Association touts another building permit increase
The number of single-family building permits in Central Indiana is on the rise again. The Builders Association of Greater Indianapolis is reporting an increase for the 15th consecutive month. BAGI says more than 3,900 permits have been issued so far this year.
Northern Indiana RV company hits milestone
In another sign of a recreational vehicle manufacturing comeback, a northern Indiana company has reached a milestone in a relatively short time. Middlebury-based Grand Design Recreational Vehicle Co. says it has produced and shipped more than 1,000 fifth wheels since it began operations a year ago.
AT&T extends mobile Internet service
AT&T Inc. has increased mobile internet coverage in southern Indiana. Communities receiving the service include French Lick, Shoals and Salem.
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