Inside INdiana Business

2013-08-15T12:54:00Z 2013-08-15T18:34:08Z Inside INdiana BusinessGerry Dick Times Columnist nwitimes.com
August 15, 2013 12:54 pm  • 

Bloomerang marks first-year growth

The co-founder of a technology startup says he has no interest in growing the company to be sold, but rather, "building it for the long term" in Indiana. Indianapolis-based Bloomerang produces donor-retention software targeted at nonprofits and this month is marking its first year in business. Tech veteran Jay Love says the company has grown to 15 employees and nearly 200 customers. He says a unique aspect of the venture is its focus on long-term dividends, instead of investor returns.

 

Indy unveils $350M infrastructure project

The city of Indianapolis is proposing a three-year, $350 million infrastructure investment project. The Rebuild Indy program includes improvements in areas such as bike lanes, bridges and roads. The plan must still be approved by the city-county council.

 

Major power project receives key approval

A more than half-billion dollar proposal to modernize two coal power plants has secured Indiana Utility Regulatory Commission approval. Indianapolis Power & Light Co. says the upgrades will reduce harmful emissions at facilities in Pike and Marion counties. IPL expects the initiative to create up to 400 construction jobs at its peak.

 

Senior housing planned at former mall site

A $14 million elder care facility is planned for the spot where a northern Indiana mall once stood. Carmel-based Mainstreet Property Group is developing the proposed South Bend community, which will offer nearly three dozen assisted-living apartments and 70 nursing rooms.

 

Emmis and Sprint partner on mobile tech initiative

Indianapolis-based Emmis Communications Corp. has announced a technology deal with one of the country's largest wireless network providers. The partnership involves the inclusion of the Emmis "NextRadio" app into some Sprint Corp. smartphones, which will allow users to listen to any local radio station.

 

Another study shows record state exports

A new report from Indiana University's Kelley School of Business shows state exports totaled $34.4 billion in 2012, which is a record. The study says while Canada is Indiana's largest market, exports to China have dramatically increased over the last decade.

 

Northern Indiana company expands

A Kosciusko County company has added a new production line and a handful of jobs. Precision Wire Service Inc. creates custom wire designs for specialty vehicles and now employs around two dozen in North Webster.

 

Chrysler makes major donation to YMCA

Chrysler Group LLC has donated $500,000 to the Kokomo Family YMCA. The organization says the funding will support construction of a new multimillion-dollar downtown campus.

 

Colts value increases in national ranking

The Indianapolis Colts are ranked the 11th most valuable franchise in the NFL by a national publication. Forbes says the team is worth $1.2 billion, up from $1.15 billion last year.

 

Jobs workshop to take place

An event designed to discuss top job opportunities in the state and offer employment resources is set for tomorrow in Indianapolis. The Job Seeker Workshop will feature programs with industry professionals and veteranassistance experts.

 

Recent Butler grad Selected as Announcer

Butler University has hired Mark Minner to be the radio play-by-play voice of its men's basketball team. Minner, a 2012 Butler graduate, has served as studio host for the team's radio network for the last three seasons.

Find more Indiana business news at www.InsideINdianaBusiness.com.

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