Several institutions in Indiana have been named to a national publication's annual list of "Best Value Colleges." The Princeton Review ranks the top 150 schools from throughout the country based on academics, cost and financial aid. This year's list includes Indiana University in Bloomington, Wabash College, DePauw University, the University of Notre Dame and Purdue University in West Lafayette.
Mayors Detail Big Annexation Plans
Boosting economic development is at the core of two Indiana mayors' proposals to annex property near major highways. Anderson Mayor Kevin Smith and West Lafayette Mayor John Dennis are looking to expand city limits to areas closer to I-69 and the U.S. 231 corridor, respectively. Smith says his plan focuses on attracting manufacturing, while Dennis intends to provide a "gateway" into the city, Purdue University and the Purdue Research Park.
Indiana Banks Receive National Notoriety
A national trade publication has named three Indiana banks to an annual list of the best users of capital in the country. The institutions were included in Bank Director magazine's "Nifty Fifty" based on profitability and capital strength. Terre Haute-based First Financial Corp. was 11th, 1st Source Corp. of South Bend ranked 24th and Warsaw-based Lakeland Financial Corp. placed 36th.
Cummins Clarifies Cuts
Columbus-based Cummins Inc. (NYSE: CMI) is providing more information about plans to reduce its global work force. In the company's earnings report issued this week, the engine manufacturer says it is reducing the professional work force by 650 and eliminating another 650 hourly positions. Cummins announced plans for the job cuts last October due to the sluggish global economy.
Bill Aims to Repeal Medical Device Tax
Efforts continue to repeal a federal tax that affects a key sector of the state's economy. A bill has been introduced in Washington to repeal the 2.3 percent medical device tax, which kicked-in at the beginning of the year as part of the Affordable Care Act. It applies whether or not a company is making a profit. Some Indiana-based medical device companies have been speaking out against the tax for a while and they have allies among members of Indiana's Congressional delegation.
Indiana Entrepreneurs to Head to D.C.
Five Indiana startup entrepreneurs took part in a meeting with White House officials Tuesday. The group discussed a plan designed to make Indiana a top destination for entrepreneurship and customer development.
Pence Awards First Sagamore of the Wabash
A Fort Wayne businessman has received the first Sagamore of the Wabash presented by Governor Mike Pence. Dick Freeland owns nearly four dozen Pizza Hut restaurants throughout northeast Indiana and was given the distinguished service honor Wednesday during a private ceremony.
Pence Pulls State Support For Fertilizer Plant
Governor Mike Pence is detailing his decision to suspend state support for the construction of a nitrogen fertilizer plant in Posey County. Pence says he made the move after learning the Fatima Group was "less than cooperative" with the U.S. Department of Defense's efforts to eliminate improvised explosive devices in Asia.
Purdue President Names Chief of Staff
A former senior associate commissioner at the Indiana Commission for Higher Education is joining Purdue President Mitch Daniels on the West Lafayette campus. Daniels has named Gina DelSanto as his chief of staff. She will coordinate operations of the Purdue president's office.
'Moneyball' Executive to Speak in Indiana
Oakland Athletics General Manager Billy Beane is set to speak at Ball State University and Indiana University Southeast next week. The baseball executive known for his "Moneyball" methodology will discuss his management style and compare baseball to business.
Marion Jobs Plan Moving Along
A $48 million proposal that could bring 200 jobs to Grant County is moving forward. Arizona-based Café Valley Inc.'s plan to build a new facility on the abandoned Thomson property is now set for a February 19 public hearing.
Fort Wayne Mourns Entertainment Industry Leader
The founder of a well-known entertainment venue in Fort Wayne has died. Stan Liddell Jr. opened Piere's Entertainment Center in the 1980s. He was 76.
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