INSIDE INDIANA BUSINESS: Study says beer distributors are 'hidden gem'

2013-03-14T12:53:00Z 2013-03-15T18:43:04Z INSIDE INDIANA BUSINESS: Study says beer distributors are 'hidden gem'Gerry Dick Inside Indiana Business nwitimes.com
March 14, 2013 12:53 pm  • 

A newly released report, commissioned by the National Beer Wholesalers Association, suggests Indiana beer distributors employ more than 2,000 people and have a $740 million economic impact on the state. The study also shows the industry contributes more than $350 million in state revenues through income and alcohol excise taxes. University of Delaware Economist Bill Latham, who helped author the report, says the sector has traditionally been "tremendously undervalued." Latham says the industry's impact on Indiana is "likely to grow."

 

Seed Maker Growing in Two Counties

Iowa-based DuPont Pioneer has announced growth plans in two Indiana counties. The seed manufacturer plans to invest a total of more than $26 million and create up to 41 jobs at facilities in Tipton and Rush counties.

 

Berne Printer Acquires Huntington Business

EP Graphics in Adams County has purchased Huntington-based Mignone Communications Inc. The acquisition involves around 150 workers. Mignone's operations will be integrated into the Berne-based printer's headquarters.

 

Purdue Calumet Cutting Back

Purdue University Calumet says it will not offer classes this fall at its Academic Learning Center in south Lake County. The school says enrollment has fallen from more than 1,400 students in 2008 to fewer than 500 last year.

 

Rose-Hulman Conference to go Digital

Rose-Hulman Institute of Technology is moving a higher education assessment conference online. Next month's RosEvaluation Conference 2013 will be the school's first such online event.

 

Ivy Tech Receives Gift From Technology Company

California-based Ingram Micro Inc., which acquired BrightPoint Inc. (Nasdaq: CELL) in Indianapolis last year, has donated $100,000 to Ivy Tech Community College. The gift will support instructional services at the student resource center.

 

'Significant' Gift Coming to IU Southeast

Indiana University Southeast is set to receive a funding boost. The university says a "significant" donation to be announced tomorrow will allow it to expand programs in the school of nursing.

 

Frontier Details Southern Indiana Upgrades

Frontier Communications says it has pumped $12 million into improvements to its statewide network. The upgrades aim to boost reliability of business and residential services in southern Indiana.

 

Fort Wayne Announces Façade Grants

The city of Fort Wayne has awarded more than $200,000 in façade grants to 10 area businesses. The city says companies receiving the funds have pledged to invest nearly $850,000 to improve their properties.

 

Community Health Hires Oncology VP

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Vera Bradley Reports Profit Increase

Fort Wayne-based Vera Bradley Inc. is reporting fiscal fourth quarter net income of $25.1 million, compared to $20.1 million for the same period the previous year. The company says revenue increased in part because of the opening of 17 full-price and three outlet stores.

 

Hudnut to Speak at UIndy

Former Indianapolis Mayor Bill Hudnut will speak at the University of Indianapolis next month. Hudnut and Nashville Mayor Karl Dean will take part in a public discussion on growing urban areas.

 

IPFW Names Vice Chancellor

Indiana University-Purdue University Fort Wayne has hired Jeff Anderson as vice chancellor for academic affairs. He most recently served as dean of the College of Science, Technology, Engineering and Mathematics at the University of Wisconsin-Stout.

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

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