INSIDE INDIANA BUSINESS: Miles says state help 'necessary' to remain competitive

2013-02-11T12:30:00Z INSIDE INDIANA BUSINESS: Miles says state help 'necessary' to remain competitiveGerry Dick Inside Indiana Business
February 11, 2013 12:30 pm  • 

The head of the company that oversees the Indianapolis Motor Speedway Corp. says a bill calling for the creation of a district to provide financial support for upgrades is necessary to keep up with other venues. Terre Haute-based Hulman & Co. Chief Executive Officer Mark Miles says improvements such as lights for night events and high-definition video boards could be part of a strategic plan to make the track more fan-friendly and allow it to remain competitive with other facilities that receive public financing. He spoke about the proposal in a Studio(i) interview with Gerry Dick.


Manufacturer's Big Investment Could Mean More Jobs

An automotive supplier is planning a $15.5 million expansion in Greensburg that could add workers. Valeo, which also has operations in Seymour, says the investment could create more than 200 Decatur County jobs by 2014. The company currently employs more than 650 at the plant.


Economic Development Groups Plan Regional Wage Survey

Economic development agencies in four northeast Indiana counties are planning to update a wage and benefits survey. A regional study involving the counties was carried out in 2009 and 30 companies participated in a smaller survey in Noble County last year.


IUPUI Mulling New $23 Million Building

The Board of Trustees of Indiana University is set to hear more about a new building proposed for the IUPUI campus. Details of the nearly $23 million project are slated for further discussion Thursday during a committee meeting.


Museum to Feature 'Blockbuster' Chinese Exhibits

The Children's Museum of Indianapolis is preparing two major exhibits focusing on China. The venue is expecting the Terra Cotta Warriors: The venue says the Emperor's Painted Army and Take Me There: China displays will debut in May 2014.


Purdue Planning Chicago-Based MBA

The Krannert School of Management at Purdue University is planning a new master's program based in Chicago. Our partners at WBAA in West Lafayette report the 18-month weekend STEMBA program is designed to link technology and engineering students with an MBA.


Lawmakers Continue to Revisit Deals

At the Indiana Statehouse, lawmakers will continue to examine deals struck during the Daniels administration. They include state support for the Rockport coal gasification plant and a measure that would force Inc. to begin collecting online sales taxes six months earlier than agreed upon. In this week's INside the Statehouse segment, Indiana Chamber of Commerce President Kevin Brinegar talks about Rockport, and the decision to delay a vote on a same sex marriage amendment.


Rolls-Royce Lands Air Force Deal

Rolls-Royce in Indianapolis has announced a $97 million contract with the U.S. Air Force. The deal calls on the engine manufacturer to provide support for a transport fleet.


Medical Group Names Chief of Staff

Shelbyville-based Major Health Partners has chosen Paula Gustafson to be its next medical chief of staff. She succeeds Gust Spenos, who served in the role for the past six years.


Ivy Tech President Receives Board Appointment

An international technical education group has named Ivy Tech Community College President Tom Snyder to its board of trustees. His appointment with the American Technical Education Association will last three years.


Purdue College of Engineering Receives Boost

The Purdue University College of Engineering is marking more than $1.7 million in new donations. An anonymous donor has given $1 million to help fund a chemical engineering professorship. Alumnus Milton Hollander is donating $750,000 toward a professorship in mechanical engineering.


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