INSIDE INDIANA BUSINESS: State pulls support for massive project

2013-05-17T12:17:00Z 2013-05-17T17:55:05Z INSIDE INDIANA BUSINESS: State pulls support for massive projectGerry Dick Inside Indiana Business
May 17, 2013 12:17 pm  • 

Gov. Mike Pence says Indiana has withdrawn state incentives for Midwest Fertilizer Company for the construction of a nearly $3 billion nitrogen fertilizer plant in Posey County. Pence initially suspended support in February after learning Pakistan-based Fatima Group, which owns nearly half of the company, had been "less than cooperative" with a federal effort to eliminate improvised explosive devices in Asia.


Effort Looks to Spark STEM Through Motorsports

The Indianapolis Motor Speedway, Purdue University and Dallara will kick off a program next week designed to use motorsports to promote science, technology, engineering and math education. IMS Senior Director of Marketing Jarrod Krisiloff says racing is an exciting vehicle to build an educational program around, and believes the effort will help make the sport "relevant to the next generation of fans." Read More The program will begin in the Speedway area, but Krisiloff says organizers hope to expand it statewide.


ISU to Dedicate 'Bayh Wall'

A new interactive display focusing on the Bayh family will be dedicated this afternoon at Indiana State University. The Bayh Family Legacy Wall highlights the family's lengthy connection to public service and education. ISU named its College of Education after the family in 2009.


Funding Lifts Effort to Honor State Song Writer

A Terre Haute-based nonprofit has provided a financial boost for a proposed statue of the writer of Indiana's official song. 100+ Women Who Care of Vigo County has awarded a more than $20,000 grant to the project that will honor Paul Dresser.


Healthy Grocer to Open Second Indiana Store

A North Carolina-based grocery chain, focusing on healthy food, is about to open its second Indiana location. Earth Fare says a Carmel store will open next month and a job fair is set for next week to help fill approximately 100 positions. During an interview late last year on Inside INdiana Business Television, Chief Executive Officer Jack Murphy explained the continued growth of healthy chains.


ExactTarget Announces Georgia Expansion

Indianapolis-based ExactTarget Inc. has announced a big expansion in Georgia. It is planning to pump $1.25 million into the project over five years and create 225 jobs in Atlanta. ExactTarget acquired Atlanta-based Pardot last October.


Funeral Set For Fort Wayne Sports Leader

A man who was instrumental in building Fort Wayne's professional sports legacy will be laid to rest Sunday. Carl Bennett served a key role in starting what eventually became the Mad Anthonys Foundation and helped get the city's Zollner Pistons team into the National Basketball Association. He was 97.


Indy 500 Champion's Items to be Sold

A collection of racing and personal memorabilia from a three-time Indianapolis 500 winner is set to be auctioned next week in Indianapolis. The items, which belonged to the late Wilbur Shaw, include three Borg Warner Trophy plaques, a silver cup that served water at the "Winner's Circle" and a gold and diamond ring.


Duke Realty Announces New CFO

Indianapolis-based Duke Realty Corp. has named Mark Denien chief financial officer. He previously served as a senior vice president with the company. He succeeds Christie Kelly, who has accepted a similar position with an Illinois-headquartered commercial real estate company.


Cummins Releases Sustainability Report

Columbus-based Cummins Inc. is highlighting its sustainability efforts. In an annual report, the company says it is now recycling close to 90 percent of the waste it produces and a record number of employees gave their time for community service projects in 2012.


Skillman Welcomes Crane Technical Director

Radius Indiana Chief Executive Officer Becky Skillman says she will work with the new technical director at the Crane Naval Surface Warfare Center to map out the future growth of the defense sector in south central Indiana. Adam Razavian is returning to Crane. He originally started at the center in 1989.


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