Business, Economy and Consumer Affairs

Data via IDWD

 

Department store Kohl's announced this week it will open a distribution center in a large warehouse near Indianapolis International Airport next year.

 

It'll be part of Indiana's most steadily growing logistics sector: The Department of Workforce Development predicts the state will add 5- to 6,000 warehousing jobs within the next decade.

 

For its part, Kohl's plans to hire 300 full-time and 600 part-time workers at the new warehouse in the All Points industrial park in Plainfield.

Annie Ropeik / Indiana Public Broadcasting

The Environmental Protection Agency has announced new fuel standards for big trucks, including a 25 percent cut to tractor-trailer emissions and fuel use in the next decade.

It's part of ongoing efforts to reduce greenhouse gas emissions. And it means big changes — and some potential new markets — for companies like trailer manufacturer Wabash National.

At the main Wabash factory in Lafayette, more than 3,000 people in hard hats and safety glasses assemble truck trailers from sheets of steel.

Annie Ropeik / Indiana Public Broadcasting

Purdue University cut the ribbon Monday on a $15 million plant research center that's the first of its kind in North America.

Researchers at the new Indiana Corn and Soybean Innovation Center will study the growing habits of cash crops at the school's 1,400-acre research farm.

Annie Ropeik / Indiana Public Broadcasting

More than 250 Indiana Farm Bureau members met in Indianapolis Saturday Aug. 27 to finalize the the organization’s 2017 positions on agricultural policy – from land use and environmental protection issues, to education and rural development.

  The delegates from each county farm bureau spent about five hours voting on line edits to their official stances. That included adding support for Indiana’s right to farm law, and for a balance between state funds for rural development and money for more urban-centric programs like the Regional Cities Initiative.

Stan Jastrzebski / WBAA

In the crossroads of America, it's pretty easy to get around by driving or flying. But if you want to take the train, your options are limited.

Now, public-private deals such as the Hoosier State train are trying to change that.

Proponents of more rail service hope the Indianapolis-to-Chicago line so far will help prove their point to lawmakers.

On a Friday morning, the Hoosier State train is snaking north between Dyer and the Illinois state line. About 90 passengers sleep in their seats, eat breakfast in the dining car or use free WiFi.

GM

General Motors will invest $90 million to upgrade its Marion Metal Center in Grant County, the company announced Monday.

 

The money will pay for new, high-tech equipment at the 60-year-old facility where the company employs about 1,400 people, supplying metal parts for GM vehicles across North America.

 

It's the largest investment the Indiana Economic Development Corporation has announced since late May.

 

Andrew Priest / https://www.flickr.com/photos/aushiker/23717325825

Congress could be asked to vote on the Trans-Pacific Partnership as soon as September -- even while both presidential candidates oppose the trade deal, and manufacturing workers rally against it.

However, the agreement has support from most manufacturing business owners -- as well as support from another of Indiana's most trade-reliant industries: agriculture.

Courtesy John Perlich

State officials have approved the first projects for funding from the Regional Cities Initiative and could approve dozens more in the coming weeks.

The three approved so far are in the Northeast region, which is taking a different approach to the planning process than its counterparts in North Central and Southwest Indiana.

Lauren Chapman / Indiana Public Broadcasting

 

U.S. Sen. Joe Donnelly (D-Ind.) spoke about farming's past -- and where it's heading -- with farmers and fairgoers at the State Fair on Thursday.

The Senate Agriculture Committee member said he'll work to help farmers adapt to new technologies and market demands -- and that farmers and the public should talk to each other about those changes, too.

But first, he tried out some old-fashioned farm equipment at the Fair's Pioneer Village -- shucking corn, baling hay and sawing logs with a steam engine.

Ben Loehrke / https://www.flickr.com/photos/benloehrke/

Things are looking up for the quality of this year's corn and soybeans in Indiana and around the Midwest.

That's according to the latest numbers from the USDA, which could be good news for farmers in a year with a bumper harvest in the forecast.

That would mean more supply for the same demand, which might cause lower prices at the grocery store -- but could also mean less money for farmers.

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