Wednesday, September 25, 2013

INDOT Begins Hoosier State Line Negotiations

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Inside Edge E-Newsletter - Morning Briefing

September 25, 2013
INside Edge
Morning Briefing

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INDOT Begins Hoosier State Line Negotiations

The Indiana Department of Transportation says it has begun negotiations with Amtrak over funding passenger rail service between Indianapolis and Chicago. Amtrak estimates it would take nearly $3 million annually to keep the Hoosier State Line running. Some communities along the route, including Lafayette and West Lafayette, if performance enhancements are included. The state has until October 1 to agree on a way to bridge a $3 million funding gap. A legislative committee is scheduled to examine the issue tomorrow. Read More Lafayette Mayor Tony Roswarski tells our partners at WBAA in West Lafayette ticket prices may increase to help pay for operating costs.

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Nestlé Announces Anderson Expansion

Nestlé USA is planning to pump $72 million into its Anderson facility to add a seventh production line. The company, which currently employs more than 700 people at the Madison County plant, says the new beverage line will be operational next year.

Read More


Online TV Service Expanding to Indy

A company that allows users to watch live TV online on computers and mobile devices is expanding its service into Indianapolis. Aereo Inc. says it will announce an official launch date later this year.

Read More


Indiana Schools Make 'Blue Ribbon' List

Nine Hoosier schools have been named to this year's National Blue Ribbon Schools list. The U.S. Department of Education honors "exemplary" high-performing or improving schools throughout the country each year.

Read More And View List of Indiana Schools


JA Names 'Best and Brightest' Finalists

Junior Achievement of Central Indiana Inc. has announced its annual "Best and Brightest" list. The organization says it will honor the young professionals in 10 industry categories at a ceremony next month in Indianapolis.

Read More And View List of Finalists


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Noble County Company in Hiring Mode

Tenneco Inc. in Ligonier is planning three job fairs in the coming months to fill 100 positions. The Northeast Indiana Regional Workforce Investment Board says the automotive parts manufacturer will hold the first event Saturday to hire workers for an expanded Chrysler Group LLC line.

Read More


Daniels, GE CEO to Discuss Economic Challenges

Purdue University President Mitch Daniels and General Electric Co. (NYSE: GE) Chief Executive Officer Jeffrey Immelt will discuss innovation and talent development as part of a public event next week. The school says Immelt will spend the day on campus discussing how Purdue and company can work together on those issues.

Read More


Restaurant and Lodging Association Names CEO

The Indiana Restaurant and Lodging Association has appointed Patrick Tamm president and chief executive officer. He succeeds John Livengood, who is retiring from the post and will stay on as a consultant.

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INDOT Announces Recipient of $63 Million Contract

A Goshen company has been awarded the contract to complete the final stretch of a major central Indiana road project. The $63 million deal with Rieth-Riley Construction Co. Inc. includes interchanges and a roundabout along U.S. 31 in Hamilton County.

Read More


Indiana Companies Secure Defense Contracts

Three Hoosier employers have landed millions of dollars in funds from the U.S. Department of Defense. The contracts involve engine support and medical products from central and northern Indiana companies.

Read More


INside Edge Morning Briefing Stories

All stories posted on the INside Edge Morning Briefing can be found on www.insideindianabusiness.com.

Edited by: Wayne Pratt , Andy Ober and Dan McGowan


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PERSPECTIVES

Protect All Your Assets

As a small business owner, have you protected yourself, business and family from financial risk? With the challenges and rewards that come along with owning a new or growing business, life insurance might not even be on your radar. September is Life Insurance Awareness month, and it's the right time to evaluate the financial risk your business might be facing without the proper coverage.

Read More


STOCKS: On Wall Street

Futures Point to Mixed Opening
DOW Futures: 15,280.00 (-6.00)
NASDAQ Futures: 3,212.00 (-1.25)
S & P Futures: 1,691.10 (-1.40)
Oil Futures: 103.62 (+0.49)

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This Week's Featured Business Events

Thursday, September 26

  • Business Boot Camp Designed For Women-Owned Businesses
  • Saturday, September 28

  • Whitetail Tree Farm Pumpkin Fest
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