Business

Business
6:00 am
Thu November 20, 2014

Large Crops Not Translating To Large Bankrolls For Farmers

It makes sense that large harvests should lead to large payouts -- but not this year.
Credit David Wright / https://www.flickr.com/photos/dhwright/14934151279

The truck traffic at Kokomo Grain Company is constant.

"We will process between 400 and 500 trucks a day in the 12-14 hour day at this facility," says Senior Grain Merchandiser Mike Silver.

He says all of the truckloads of corn and soybeans can add up to 750,000 bushels per day. Trucks dump the grain quickly, but a long line soon snakes around the Kokomo Grain’s entrance.

Indiana and several other Midwestern states are poised to break records with this year’s yields, so the grain elevators here are already halfway full.

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Business
5:19 pm
Mon November 17, 2014

Indiana Chamber To Renew Sunday Alcohol Sales Debate

Though it's not one of the Chamber's top priorities, leaders say the group will again push for Indiana to join the rest of the nation in allowing alcohol sales in stores on Sundays.
Credit Wayan Vota / https://www.flickr.com/photos/dcmetroblogger/535670898

Hoosiers could get the opportunity to buy alcohol every day of the week as the Indiana Chamber pushes the legislature to allow Sunday alcohol sales. 

Indiana Chamber of Commerce President Kevin Brinegar says though it’s not a top priority, promoting Sunday sales will be one of the efforts it pushes when the legislature convenes in January. 

House Speaker Brian Bosma says he personally doesn’t have a problem with legalizing Sunday sales, but says it likely won’t have a significant fiscal impact.

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Business
4:00 pm
Wed November 12, 2014

Upon Further Reflection, Study Committee Still Advocates Business Tax Rollback

The change could remove a billion dollars from local government coffers each year.
Credit Dave Dugdale / https://www.flickr.com/photos/davedugdale/

A study committee made up of Indiana governmental and business leaders wants the General Assembly to mandate the elimination of part of the state’s business personal property tax. 

The legislature last session passed bills giving local governments the options of eliminating the business personal property tax for new purchases and exempting small businesses from the levy. 

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Business
6:00 am
Wed November 12, 2014

Tipmont Solar Cells Illustrate Renewable Energy Divide In Political And Power Circles

Tipmont REMC has installed 240 solar cells and is selling 25-year leases on each one for $1,250 apiece.
Credit Stan Jastrzebski / WBAA News

Alongside U.S. 231 in the small Montgomery County town of Linden, just south of the railroad museum, there’s a colorful new installation.

Row upon row of panels sits on the site of the Tipmont REMC headquarters. The ones that face north are bright orange – designed to reflect sunlight onto the ones that face south. Those are photovoltaic cells, navy blue with a crosshatching of wires running through them.

There are 240 of them in total and Tipmont spokeswoman Sasha Clements took a second at their unveiling to explain to the crowd how they’d be allocated.

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Business
6:00 am
Mon October 27, 2014

Think Tank Questions Effort To Eliminate Business Personal Property Tax

Credit 401(K) 2013 / https://www.flickr.com/photos/68751915@N05/

A Washington think tank on state and local taxes is cautioning legislators against joining the rush to eliminate the business personal property tax.

Legislators balked at Governor Pence‘s proposal to keep up with other states and abolish the tax, instead giving counties the option to do it. No county has done so, and a blue-ribbon commission is now studying tax reform options.

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