As Subaru of Indiana Automotive Inc. prepares to roll out its 5 millionth vehicle, Executive Vice President Tom Easterday says Indiana has been a "perfect" spot for the automaker to grow. He says the state's location, technical training programs and "very favorable tax climate" have enabled the company to reach the milestone. SIA's parent company, Japan-based Fuji Heavy Industries Ltd., announced plans in May to build the Subaru Impreza at the facility and add up to 900 jobs by 2016. Easterday believes production will continue to increase at the plant.
Nominees Named For Indianapolis Prize
Nearly 40 animal conservationists have been nominated for the Indianapolis Prize. The honor is considered the top award in the world for animal conservation. Six finalists will be named in the spring and a winner is scheduled to be announced in mid-2014.
Organization to Study Potential New Arena
A nonprofit is exploring the possibility of a new mixed-use arena in downtown Fort Wayne. The AWS Foundation is commissioning a feasibility study into a complex designed to serve the needs of persons with disabilities. Our partners at WPTA 21Alive report the study could be complete by the end of the year.
Hoosier Lake And River Projects Earn Grants
Nearly two dozen projects throughout the state will share in close to $770,000 from the Indiana Department of Natural Resources. The Indiana Lake and River Enhancement program involves funding for construction, research and biological initiatives.
Manufacturer Growing in Steuben County
A Michigan-based company is planning to expand operations in Steuben County. The Cold Heading Co. intends to pump nearly $1 million into upgrades to the Hudson facility and $4.2 million into new equipment. The move could create a small number of jobs.
ISU Enrollment Increases
Indiana State University is reporting its highest enrollment since 1972. The university says the nearly 12,500 students are an increase of more than 300 compared to the same period last year.
Thor Industries Adds Another Hoosier Company
Elkhart-based Thor Industries Inc. has purchased a Wakarusa manufacturer. The deal for Livin' Lite Recreational Vehicles is expected to be complete by Friday.
Communications Provider Announces Indy Acquisition
A Terre Haute-based communications company is expanding its Indianapolis footprint. Gibson Teldata Inc. has purchased BluePrint Technologies' Indianapolis service center.
Rockport Works Employees Approve Deal
Unionized workers at AK Steel Holding Corp.'s Rockport Works have ratified a four-year contract. The company says the deal covers nearly 200 production workers at the southwest Indiana operation.
For more Inside Indiana Business, visit www.insideindianabusiness.com.