INSIDE INDIANA BUSINESS

2014-04-15T13:24:00Z 2014-04-15T15:59:07Z INSIDE INDIANA BUSINESSGerry Dick Inside Indiana Business nwitimes.com
April 15, 2014 1:24 pm  • 

Co-Ops: EPA Proposals Could Close Plants

The chief executive officer of the National Rural Electric Cooperative Association says proposals from the Environmental Protection Agency could result in the shutdown of Indiana coal-fired power plants. Jo Ann Emerson says some facilities may decide it's less expensive to close than to comply with proposed greenhouse gas emission standards. She says the suggested measures could also cause power companies to decide against building new plants in Indiana. Emerson is in Indianapolis to speak at a state cooperative board meeting.

German Company Picks South Bend

The state has announced the first economic development deal stemming from Gov. Mike Pence's current trade mission to Germany. Industrial hose manufacturer NORRES says its first North American operation will be located in South Bend.

Single Buyer Targeting Indiana Limestone

One potential buyer has emerged in the pursuit of an iconic Hoosier business. The Herald-Times in Bloomington reports a federal bankruptcy auction was canceled yesterday after only one bidder, Indiana Commercial Finance LLC, offered to acquire Oolitic-based Indiana Limestone Co.

State Details Proposed Academic Standards

The state has released a final draft of math, English and language arts academic standards that would replace Common Core. The effort is a collaboration between the Department of Education and the Center for Education and Career Innovation. Last month, Governor Mike Pence signed a bill that voided Common Core standards in the state.

Beck Scores National Award

The president of Hamilton County-based Beck's Hybrids has received a trade organization's highest honor. Sonny Beck is the 2014 National Agri-Marketing Association Agribusiness Leader of the Year.

Ivy Tech Kokomo Industrial Program to Grow

Ivy Tech Community College Kokomo says it will use a more than $3.2 million grant to expand its Integrated Technology Education Program. The school says the funding from the federal Youth CareerConnect initiative will allow for new positions, equipment and scholarships.

Retailer Blames Weather For Sales Drop

Shares of Indianapolis-based hhgregg Inc. are down roughly 10 percent in early afternoon trading after the retailer announced it is expecting a decline in fiscal fourth quarter sales. The company is blaming the drop on the tough winter.

Ivy Tech Kokomo Industrial Program to Grow

Ivy Tech Community College Kokomo says it will use a more than $3.2 million grant to expand its Integrated Technology Education Program. The school says the funding from the federal Youth CareerConnect initiative will allow for new positions, equipment and scholarships.

Notre Dame Announces Business Contest Winner

A business plan involving a cancer test has taken top prize at a University of Notre Dame event. The winning Mendoza College of Business McCloskey Business Plan Competition team is seeking to commercialize technology that would help dentists detect an oral form of the disease.

Challenge Focuses on Technology

Trine University has announced the winner of its inaugural Innovation Challenge. Winners include an app to track recycling habits and a program that helps users select gifts for upcoming birthdays and anniversaries.

Marketing Company Touts Growth

Indianapolis-based Element Three says significant growth last year has led to the addition of 15 employees. The marketing agency says it is renovating its offices to make room for more staff.

Cummins Appoints New VP

Columbus-based Cummins Inc. has named Mark Smith vice president of investor relations. He has been with the company since 1995 and most recently served as executive director of investor relations.

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

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