INSIDE INDIANA BUSINESS: Study highlights ag impact

2013-05-16T12:29:00Z 2013-05-17T17:37:04Z INSIDE INDIANA BUSINESS: Study highlights ag impactGerry Dick Inside Indiana Business nwitimes.com
May 16, 2013 12:29 pm  • 

A new study is detailing the statewide impact of the agriculture sector. The research, conducted by the Indiana University Kelley School of Business, indicates agriculture-related industries contributed nearly $38 billion to Indiana's economy and supported close to 190,000 jobs in 2011. It finds the Hoosier ag and forestry industries bring in about $970 million in state and local revenues. Indiana Business Research Center Analyst Tanya Hall, who co-authored the study, explains the sector's ripple effect on the state's economy.

 

Navistar Deal Impacts Hoosiers

Illinois-based Navistar International Corp. has sold several assets, including some in Indiana, to a Florida company. The deal involves Allied Specialty Vehicles' purchase of Monaco and Holiday Rambler brand recreational vehicles in Wakarusa and a multi-year leasing agreement for the Navistar RV facility in Elkhart.

 

Herff Jones, Texas Company Announce Merger

Indianapolis-based Herff Jones is adding a Texas company to its portfolio. It has announced a merger agreement with sporting goods equipment and uniform marketer and distributor BSN Sports Inc. The Texas company will continue to operate as its own brand.

 

INDOT Plans Interchange Near Future Chrysler Plant

A $17 million interchange is set to be built near the future home of a Chrysler Group LLC transmission plant in Tipton. The Indiana Department of Transportation says the project is slated to begin in 2015 and is part of broader a plan to ease congestion along U.S. 31 near Indianapolis, Kokomo and South Bend.

 

Struggling Toy Store Turns to Public For Help

A Johnson County toy store is kicking off an online campaign tonight it hopes will raise $60,000 to keep the doors open. The owners of Imagination Station say road construction in the area has been "devastating" to business.

 

OUCC Issues Area Code Recommendation

The Indiana Utility Consumer Counselor is recommending an option that would allow current phone customers in southern and south-central Indiana to keep their numbers as a new area code is rolled out. The OUCC says the all-services overlay concept has been used in neighboring states. The 812 area code is expected to lose its number supply in 2015.

 

Greenwood Company Adding Jobs

L&E Engineering Co. in Greenwood has announced expansion plans. The Daily Journal reports the aerospace company, which is a division of Ferco Enterprises LLC in Ohio, expects to invest $3.7 million and add 40 jobs.

 

Jeffersonville Receives Funding For Marina Project

The city of Jeffersonville has been awarded more than $150,000 in grants from the Indiana Department of Environmental Management to help build a new downtown marina. Mayor Mike Moore says the project will allow the city to capitalize on the Ohio River, which he calls one of its greatest assets.

 

Wabash Adding Lacrosse as Varsity Sport

Wabash College will add men's lacrosse as a varsity sport beginning in the spring of 2015. President Pat White says the move will allow the school to gain attention from potential students in regions where Wabash is less well known.

 

Auburn Auction Tallies Sales Numbers

A major annual car auction in DeKalb County took in more than $5.7 million last week. Organizers of the Auctions America Auburn Spring sale say bidders from seven countries and 38 states took part in the three-day event.

 

Notre Dame Expands Study Abroad Options

The University of Notre Dame is adding destinations for students looking to study abroad. The International Studies Office is set to offer new programs involving schools in South Korea, Spain and Switzerland next spring.

 

Evansville Professor Lands Fulbright Scholarship

A University of Evansville professor has won a Fulbright Scholarship. Robert Morse will spend a semester during the 2014 school year teaching computational algebra and working on a pair of research projects. Around 800 scholars and professionals are presented with the award annually.

 

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

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