INSIDE INDIANA BUSINESS: State continues New York push

2014-01-24T12:43:00Z INSIDE INDIANA BUSINESS: State continues New York pushGerry Dick Inside Indiana Business nwitimes.com
January 24, 2014 12:43 pm  • 

The Indiana Economic Development Corp. has announced additional initiatives designed to attract New York City-area employers to Indiana. The state is taking out a full-page advertisement in this Sunday's edition of The New York Times and is running digital billboards near MetLife Stadium in advance of next weekend's Super Bowl. The newspaper ad will feature the line "New York: if you can make it there, you can make a lot more of it here." Secretary of Commerce Victor Smith says New York state has proven to be "good hunting ground" for Indiana.

Economic Group Opposes Tax Proposals

The Economic Development Coalition of Southwest Indiana is speaking out against legislation that would eliminate business personal property taxes. The organization says any proposal on the issue should identify a "workable replacement revenue stream" for local governments.

Tourism Study Highlights Benefits in Clark, Floyd Counties

Clark and Floyd counties say visitors pumped more than $245 million into the area economy. A study using data from 2012 also shows the industry supports 5,400 jobs.

Hoops Rivals Set For Final Game

A high school basketball rivalry that dates back to the early 1960s will end tonight. Central High School will take on Southside High School for the final time in Muncie. The Muncie Community School Corp. is closing Southside because of budget issues.

Company Partners With Veterans Group

An Indianapolis-based biotech company is taking steps to create more jobs for veterans. Algaeon Inc. says Save Our Veterans will build equipment as part of plans to expand production capacity.

Grammy Could Have Hoosier Flavor

Two albums nominated at this weekend's Grammy Awards feature Hoosier connections. Some portions of an album by singer Chrisette Michele were recorded at a studio in Indianapolis. Also, Earlham College graduate Nathan Salsburg is up for a Grammy for his work on a country album.

Indiana INTERNnet Secures Grant

A $600,000 grant from Indianapolis-based Lilly Endowment Inc. is boosting a statewide internship initiative. The Indiana Chamber of Commerce says the funding supports a three-year, "aggressive" strategy to strengthen services and increase participation.

Leading Index Dips Slightly

The Indiana Business Research Center says the home building, manufacturing and automotive sectors applied "slight downward pressure" on January's Leading Index for Indiana. The analysis also suggests a "cooling off in spending" is coming for the first quarter.

Home Show Begins in Indianapolis

The 92nd Indianapolis Home Show is underway at the Indiana State Fairgrounds. Organizers say the 10-day event is the nation's oldest and will feature more than 900 exhibits. 

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

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