Investor pumping millions into blighted Indy properties
An initiative to renovate more than 150 abandoned homes is underway in central Indiana. California-based Mt. Helix Real Estate Investment Funds LLC is investing more than $12 million to breathe new life into blighted properties. CEO Joe Nelson says the purchases involve houses that don't generate interest from buyers. He says most of the properties have been uninhabited for five years or more.
Fort Wayne leader dies
A prominent member of the Fort Wayne business community has died. Pizza Hut of Fort Wayne Inc. Chairman Dick Freeland died Oct. 20. He opened his first restaurant in Fort Wayne in 1972 and the business grew to include nearly 50 locations in Indiana and Ohio.
Massive telecom deal has Indiana connection
An Illinois-based telecommunications company, co-founded by a prominent businessman with strong Indiana ties, is set to be acquired for nearly $900 million. Former Purdue University Trustee Michael Birck, who grew up in a small west-central Indiana community, helped launch Tellabs Inc. nearly four decades ago.
Community Health names east region leader
A former CEO of Union Hospital in Terre Haute has been named president of Community Health Network's East Region. Scott Teffeteller will oversee all services in the region, including Community Hospital East in Indianapolis.
Glenn Close to Address Philanthropy Symposium
Award-winning actress Glenn Close will be among the speakers at next month's Indiana University Lilly Family School of Philanthropy Annual Symposium. The event will also feature a keynote from Mayo Clinic Vice Chairman of Leadership Gifts James Hodge.
Angie's List makes healthy employer rankings
Indianapolis-based Angie's List Inc. has been named one of the healthiest companies in North America. Fitness and health website Greatist.com highlights the company's incentives for healthful lifestyles, including $1,000 for workers who quit smoking. Angie's List also has a corporate garden for employees.
Fort Wayne Airport to gain new tenant
An aerial power line company is planning to locate a regional operation at Fort Wayne International Airport. Pennsylvania-based Haverfield Aviation Inc. will update and lease two buildings starting next week.
McDonald's CEO to speak at fish fry
The CEO of McDonald's Corp. will be the main speaker at next year's Purdue Agricultural Alumni Association Fish Fry. Don Thompson is a Purdue graduate and former university trustee.
INDOT to hold job fair
The Indiana Department of Transportation continues to seek seasonal workers. A job fair set for this week in Rensselaer will feature snow plow driver and maintenance positions.
Entrepreneur workshops set for Fort Wayne
The Northeast Indiana Innovation Center has set dates for two events designed to boost growth of small businesses. The "Bootstrapper's Roadmap" workshops are planned for next month and December and will discuss overcoming mistakes, clarifying goals and innovation.
Town joins Indiana Main Street program
A northeast Indiana town is now part of the state's Main Street program. Lt. Gov. Sue Ellspermann says South Whitley has taken "big steps" to revitalize its downtown.
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