Visteon bankruptcy poses problem
CONNERSVILLE — The recent bankruptcy filing by Visteon Corp. could derail efforts by Connersville economic development officials to land a major employer.
Carbon Motors Corp. is considering the former Visteon plant in Connersville as a site for its manufacturing headquarters. However, the building is tied up in Visteon’s bankruptcy proceedings. The city was working on a deal to purchase the building, but it did not close before Visteon’s filing in May.
State reveals revised agriculture plan
INDIANAPOLIS — Lt. Gov. Becky Skillman says the state is moving to become a global leader in innovation and commercialization for food, fuel and fiber production.
She has revealed an update to the Indiana State Department of Agriculture’s strategic plan, designed to guide ISDA over the next four years.
‘Christmas in June’ for AIT employees
INDIANAPOLIS — The chief executive officer of AIT Laboratories calls it “Christmas in June” for his employees. Dr. Michael Evans is referring to the $2 million he shared with his nearly 300 workers in a net profit sharing bonus.
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Gerry Dick’s Inside Indiana Business briefs appear Wednesdays, Fridays and Sundays in The Herald Bulletin. For more on these stories and more Indiana business news, visit InsideIndianaBusiness.com.
Local Business
Gerry Dick Business Briefs
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History: Lapel Telephone Co. was talk of town
In November 1962, when the Lapel Telephone Co. was sold to United Utilities by the children of founder Earl Tull, a Madison County era ended.
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Fire fighting, business coexist in heart of Anderson developer
Dave Cravens' latest development project is 5,600 square feet of retail space at 4131 S. Scatterfield Road that he calls Raven Plaza.
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Business Briefs: May 27
A compilation of business news items of local interest as published in the Sunday edition of The Herald Bulletin.
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'Big Joe' Clark: Problem isn’t the cost of education, but its quality
We must spend less time focusing on how to bring the price of an education down and more time figuring out how to bring up the quality of that education.
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Boxes outside Aldi catch fire
A small fire outside the Aldi grocery store in Anderson caused an evacuation of shoppers and employees.
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Remy to build Chinese manufacturing plant
Remy International Inc. plans to build a manufacturing plant and engineering center in Wuhan, China, company executives announced in Chicago earlier this week.
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Susan Miller: Looking for a summer vacation vocation
Summer vacation is often a synonym for summer vocation, particularly for teenagers.
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Frankton woman will be on online car ad
Tina Collins giggled as she sped around the track in a go-kart at Applewood Raceway. Her son, Owen Foit, 18, smiled broadly as he threatened to pass her while her daughter, Tarah Collins, 14, tried to catch up from behind.
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Senate candidate visits Alexandria ethanol plant
In his first post-primary visit to Madison County on Wednesday, Democratic U.S. Senate candidate Joe Donnelly visited the Poet Biorefining plant here to underscore his support for energy independence and Indiana corn farmers.
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Corporate sponsorships help Elwood YMCA expand
The YMCA has been a part of the Elwood community for 20 years, but a new series of partnerships coupled with a $60,000 renovation are strengthening those bonds.
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