INSIDE INDIANA BUSINESS: State Fair hopes to banish booze ban

2014-01-20T12:25:00Z 2014-01-20T19:06:28Z INSIDE INDIANA BUSINESS: State Fair hopes to banish booze banGerry Dick Inside Indiana Business
January 20, 2014 12:25 pm  • 

The executive director of the Indiana State Fair believes lifting the ban on alcohol sales could initially provide a $200,000 revenue stream for the annual event. Cindy Hoye says the money would go back into the facility and reduce some of the fair's operational costs. A proposal at the Statehouse would repeal the ban that has been in place since 1947. Read More

Kimball to Spin-Off Unit, CEO to Retire

Jasper-based Kimball International Inc. plans to spin off its electrical manufacturing services business. The move would create the publicly-traded Kimball Electronics Inc. Kimball has also announced Chief Executive Officer James Thyen will retire once the spin-off is complete. Read More

OneAmerica CEO Announces Retirement

Indianapolis-based OneAmerica has announced Chief Executive Officer Dayton Molendorp plans to retire at the end of March. He has served in the post for nearly 10 years. President Scott Davison, who has been with the company since 2000, will become CEO April 1.

Hoosier Farmland Sells For $7 Million

More than 700 acres of Putnam County farmland have brought in $7 million at auction. Columbia City-based Schrader Real Estate and Auction Co. handled the sale. Two separate buyers purchased the land, which had been in the seller's family since the 1830s. Read More

Shaheen 'Philanthropic Leadership' Winner

The Community Health Network Foundation has named Yvonne Shaheen recipient of the 2014 Jack Heiney Award for Philanthropic Leadership. The former chief executive officer of Indianapolis-based Long Electric Co. Inc. has served on various community boards and committees for more than 20 years. Read More

Bridge Pier Set For Demolition

The remaining original Milton-Madison Bridge pier is set for demolition this week. The Kentucky Transportation Cabinet says the 92-foot tall structure will come down in two blasts several days apart. Read More

Endowment Boosts Wheeler Mission Initiative

Wheeler Mission in Indianapolis has received a $1.5 million grant from Lilly Endowment Inc. to support a new two-story homeless services facility. The organization is set to break ground on the project Wednesday. Read More

Zionsville Company Chosen For Grandstands Project

Zionsville-based RLTurner Corp. will lead a $2.4 million project to build grandstands at the Shelby County Fairgrounds. The county fair has been without the permanent seating since a 2012 fire. Read More

Former Lilly Exec to Serve as Franklin Trustees Chair

A former Eli Lilly and Co. vice president is preparing for her first meeting as chair of the Franklin College Board of Trustees. Christi Fields is a 1974 graduate of the college and has served on the board since 2002. She spent nearly 25 years at Lilly and retired as international relations vice president. Read More

'Devour Downtown' Kicks Off in Indy

Nearly 70 Indianapolis restaurants and venues are set to take part in an event designed to showcase the city's downtown eateries. A dozen restaurants are new to Devour Downtown, which begins today. Read More

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