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 DJIA 13,857 +117.6 / S&P 500 1537.2 +17.4 / NASDAQ 2,682.3 +30.6
 |  |  Tonight: A few clouds, muggy. Low 65. Thursday: Chance shower, warm. High 86.
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|  Wednesday, September 19, 2007 |
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Bridgestone Firestone to move, expand
Bridgestone-Firestone Diversified Products plans to expand and relocate its corporate headquarters into a new building at 96th Street and Interstate 465. The company has signed a lease for 168,000 square feet in Parkwood West and plans to move from a 90,000-square-foot space in nearby Parkwood Crossing. Duke also has cut a deal with fast-food giant McDonald's Corp. to lease 18,000 square feet in a new building at 250 W. 96th St. 
Four new truck lanes for I-70?
Imagine four new lanes on Interstate 70 built only for trucks. That scenario could emerge from a feasibility study funded yesterday by the U.S. Department of Transportation. A coalition of Indiana, Illinois, Missouri and Ohio received $3 million to recommend ways to speed freight on the interstate. Missouri received an additional $2 million to study its own truck traffic. "This is the first step in perhaps having dedicated truck lanes going through a four-state corridor," said Indiana Department of Transportation spokesman Andy Dietrick.
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Teamsters claim success in Indy blitz
The International Brotherhood of Teamsters is trying to enlist local workers in its attempt to wrest representation of United Airlines mechanics from another union.
A Teamsters organizer says the union contacted 350 former United mechanics in the Indianapolis area over the weekend to try to persuade them to go along with an effort to abandon the Aircraft Mechanics Fraternal Association. The local mechanics haven't worked for United since the Chicago airline closed its sprawling Indianapolis maintenance hub in 2003. Nevertheless, the Teamsters are courting them because they retain the right to lifetime recall rights, thus can vote alongside existing United workers to choose the union representing them.
LaPorte intermodal may need 5,000 acres
A Texas consulting firm is telling LaPorte County officials in northwest Indiana that a proposed intermodal facility will require 5,000 acres-nearly twice the land initially anticipated, according to the Post-Tribune of Merrillville. Only about 500 acres would be needed for the actual facility, where goods would be shifted back and forth between railroad cars and trucks, Texas-based Duncan Associates said. The rest would be developed into warehouses and manufacturing plants.
Hydraulic startup jumps to Hancock County
Flodraulic Group Inc. is moving its headquarters from 3131 N. Franklin Road on the far-east side to the Mount Comfort area of Hancock County a few miles east. The company, founded in 2003, distributes hydraulic, pneumatic and lubrication components. The $2.6 million project will result in Flodraulic adding 11 workers, according to the Indiana Economic Development Corp., which committed up to $138,000 in tax credits, depending on job creation.
Hoosier Park to expand slots by June
Hoosier Park plans to complete a $30 million expansion to make room for slot machines by June. Hoosier Park and the state's other pari-mutuel track, Indiana Downs in Shelbyville, plan to have slot machines in place next spring under state legislation passed this year. Indiana Downs plans to build its casino development along Interstate 74 in phases, completing it by late 2008 or early 2009.
Property-tax relief popular in poll
A statewide poll released today finds strong support for eliminating the property tax and using Indiana's $1.28 billion budget surplus to offset skyrocketing tax bills. Some 67 percent of those surveyed in a WISH-TV Indiana Poll answered "yes" to the question, "Should the state budget surplus be used for property-tax relief?" Twenty-two percent said no and 11 percent said they were not sure.
From IBJ staff and Associated Press-Compiled by Norm Heikens | | | |
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Some teens see meth benefits, study says
According to a survey by the anti-drug group The Meth Project, almost 25 percent of teens say it's easy to get their hands on methamphetamine. The survey also shows one in four teens believe there are benefits to using the drug. The White House and The Meth Project started an ad campaign this month targeting states like Indiana, where meth use remains high. Fox 59 will have more at 10 p.m.
Weather service changing alert system
Starting Oct. 1, the National Weather Service will aim weather alerts at specific communities instead of counties. The new system will use radar and computer modeling programs to predict the moment a storm will hit a community. At first it will be limited to tornado, severe thunderstorm and flood warnings, but will eventually be expanded.
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| Muncie officer accused of battery
Muncie patrolman Jeff Leist is on paid leave and could face criminal charges later this week. Police say Leist struck Robert McCallum, 24, with a gun after finding the man with his 26-year-old daughter Sept. 16. Leist says McCallum approached him in an aggressive manner.
Missing Kokomo girl found
Kokomo police say a missing teenager has been found thanks to a Fox 59 report. Shawnda Adcock's grandmother reported her missing last night and said she may have been in trouble. Adcock called her grandmother from a southern Indiana campground late last night. Officers believe a family who took Shawnda camping didn't know she was a runaway until relatives called them and told them they saw a story about her disappearance on the news.
Historic commission's hearing for Penn Centre continued
The Indianapolis Historic Preservation Commission postponed until Oct. 3 taking any action on J. Greg Allen's massive hotel project along South Pennsylvania Street across from Conseco Fieldhouse. The project had been on the commission's agenda for Sept. 5, but several interested parties requested a continuance to allow time to learn more about the project. Allen, who is a prominent south-side developer, has pitched a project that would include two hotels, as many as six restaurants and a 550-space parking garage. 
Largest Indianapolis-Area United Way Allocations
Largest Indianapolis-Area Full-Service Advertising Agencies 
Do you think it's a good idea to take an interest in your colleagues' personal lives? 
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