In honor of Labor Day, the Indiana Business Research Center (IBRC) at Indiana University's Kelley School of Business is offering some statistics about the Indiana workforce. The number of people who own their own business has reached a record high in the state at 610,000.
The IBRC also says as of July, 3.1 million Hoosiers were in the labor force. The professionals most in demand are nurses.
Indiana newspaper to celebrate 175 years
Rockville's weekly newspaper, The Parke County Sentinel, is celebrating175 years on Friday. The current publishers, the Harney Family, will
observe the paper's birthday with an open house and a dinner for past and current employees. The paper was founded in 1833 and called The
Wabash Herald. Since then it has gone through a number of name changes.
Dick and Mary Harney purchased the paper in 1970 when it was called The Rockville Tribune and printed with melted lead and slugs.
Racing supplier to build new Indiana facility
Motorsports safety equipment supplier Impact Racing LLC plans to expand its Central Indiana manufacturing operations and create up to 110 jobs
by 2011. The company, which celebrates its 50th anniversary in November, will invest more than $3.7 million to construct a new facility in the 23
acre Lost Drive-In Motorsports Park in Clermont across from O'Reilly Raceway Park near Indianapolis. Impact Racing manufactures fire suits,
helmets, restraints, racing shoes and other motorsports safety equipment.
Clarian Health Ventures invests in Indiana company
A West Lafayette Life Sciences company has secured more funding. Clarian Health Ventures (CHV) is leading a group putting $2.5 million into Quadraspec Inc. Other investors include EDF Ventures, Spring Mill Venture Fund and 1st Source Capital Corp. Quadraspec is expected to use
the funding to help accelerate its diagnostic product development and reach into more markets.
More deaths linked to Lilly-Amylin drug
Indianapolis-based Eli Lilly and Co. (NYSE:LLY) and Amylin Pharmaceuticals Inc. (Nasdaq:AMLN) say there have been six deaths related to the injectable diabetes drug Byetta. That is four more than announced last week in an alert issued by the Food and Drug Administration (FDA). Eli Lilly officials say all deaths were reported to the FDA before last week's announcement. They say it is not clear if the additional deaths are directly linked to Byetta, but an association is suspected.
Ivy Tech sets enrollment record
Ivy Tech Community College says it has hit a record high for first day of fall semester enrollment. On Monday, more than 86,000 students had registered for classes statewide, an 11.8 percent increase compared to last year. Ivy Tech reports all of its 14 regions across the state experienced growth.
IUPUI enrollment surpasses 30,000
Enrollment at Indiana University - Purdue University Indianapolis has broken through the 30,000 mark for the first time ever. IUPUI has 30,300 students this fall, compared to approximately 29,800 who attended the university last year. The 2008 student body includes about 27,000 students from Indiana, students from all 50 states and more than 1,300 international students.
Cabinet maker closes in Richmond
Wayne County has lost its third largest production employer. MasterBrand Cabinets Inc. in Richmond has closed. Its doors were locked this morning
as employees reported for work. The closing will impact approximately 275 production jobs.
Holiday World unveils multi-million-dollar expansion
Holiday World & Splashin' Safari in Santa Claus is launching its second-largest expansion in the park's 63 year history. More than half
of the $8.4 million being invested will pay for Pilgrims Plunge, which the park is describing as the world's tallest water ride. Riders will
drop a record 131 feet at a top speed of 50 miles-per-hour, creating a wall of water splash that is 45 feet high and 90 feet wide. The park is also investing in a high-tech tracking system that will help families or groups who become separated during their visit.
Former Indiana hospital executive calls for change
A former Indiana hospital executive says businesses are in the best position to help change the U.S. health care system. John Sanderson has 40 years experience in the industry and has come out with a book titled "It's All About Money: Winning The Health Care War." He says the current system forces hospitals to compete for patients based on discounts provided to the network or insurance companies, as compared to competing
for patients based on price, quality and service.
Vincennes president: New center is about growing Indiana
Vincennes University President Dick Helton believes the Governor's backing of an advanced manufacturing training center in Gibson County is a positive show of support for that part of the state. Governor Mitch Daniels has announced he fully supports VU's plans to build a $10 million facility in Gibson County. The state will invest $5 million, which will be matched by the university. Helton says the training center will be built on a 40 acre site near Fort Branch.
INDOT moves ahead with Hoosier Heartland
A target groundbreaking date is set for one of the biggest elements of Indiana's Major Moves initiative. Indiana Department of Transportation officials are looking at October 22 as a tentative date for crews to begin work on the Lafayette-to-Logansport section of the Hoosier Heartland Corridor. INDOT Communications Director Andy Dietrick says this part of the cost of this part of the overall project could approach
$500 million.
Posted in Local on Sunday, August 31, 2008 12:00 am Updated: 12:48 am.
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