Inside INdiana Business

2014-03-21T00:00:00Z Inside INdiana BusinessGerry Dick Times Columnist
March 21, 2014 12:00 am  • 

Bridge study details impact

An updated Ohio River Bridges Project economic impact report shows estimated job growth and the negative impact of tolling are both greater than initially projected in 2012. The study suggests the project will create more than 15,000 jobs over 30 years, but one Southern Indiana CEO Wendy Dant Chesser says some trucking companies in the area have expressed concern over increased expenses. The project is expected to be complete in 2016.

Cabela's to open second Indiana location

The city of Noblesville has finalized a deal to bring a major outdoor retailer to central Indiana. Cabela's Inc. says the new store, which will be its second in the state, could employ around 170 full- and part-time workers. A proposal to bring a location to Greenwood fell apart about five years ago.

Chase Tower sells in South Bend

South Bend's tallest building has been sold at auction. Our partners at Fox 28 report Washington Square Realty placed the winning $4.5 million bid on the 25-story Chase Tower.

BSU approves degree, coach contract extension

Ball State University trustees have approved a new master of science degree in emerging media design and development. A spokeswoman says the school has also extended the contract of football coach Pete Lembo.

LIDS lands another big-name client

Indianapolis-based LIDS Sports Group has inked a 10-year deal with one of the largest universities in the country. The agreement, which involves online, campus and venue retail locations, makes LIDS the official retail partner of Ohio State University Athletics.

Flagship Center program reaches milestone

The Flagship Enterprise Center in Anderson says its microloan program has passed the million-dollar mark. The incubator says the milestone comes during a period of "unprecedented growth" as its portfolio more than doubled in size.

New brewery to open

Another brewery will enter the state's growing craft beer market. Tow Yard Brewery is opening today in downtown Indianapolis. Its tasting room and brewery is located in the former home of Chateau Thomas Winery.

CITBA calls off merger

Mooresville-based CITBA Financial Corp., which is the holding company for Citizens Bank, has terminated a proposed merger. The deal would have involved the combination of CITBA and Merchants Bancorp in Carmel.

STEM initiative coming to South Bend

The South Bend Community School Corp. is partnering with Purdue University and the I-STEM Resource Network on a program designed to boost science, technology, engineering and math curricula in the classroom. It is funded through a more than $450,000 Indiana Commission for Higher Education grant.

AT&T details cell site improvements

AT&T Inc. has upgraded 11 cell sites in Tippecanoe and Clinton counties. The company says the investment involves its ongoing 4G LTE mobile Internet network rollout.

Whitley County ag effort names leader

A Whitley County farmer has been appointed leader of an area agribusiness initiative. The county's economic development corporation says Kelley Sheiss will oversee the effort to support small and large scale operations.

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