Business news

courtesy GE

Indiana manufacturers are increasingly concerned about the state of the economy.

The 2015 Indiana Manufacturing Survey finds many Indiana manufacturers believe the post-recession recovery is over.

Almost two-thirds also say the U.S. isn't likely to ever lead the world on the manufacturing front ever again.

Almost nine-in-ten feel the federal government isn't doing enough to support the manufacturing sector and one in four think neither the federal or state government are helping.

Rolls-Royce To Spend $600M Updating Indy Plant

Oct 5, 2015
the.urbanophile /

Rolls-Royce North America has announced a new $600 million investment project in Indiana.

President and CEO Marion Blakey says the aerospace industry leader will spend years modernizing its manufacturing operations on Indianapolis’ southwest side.

“I think it’s going to be over the next four or five years to get it done,” Blakey says. “It takes a while to rebuild, especially because you’ve got to keep the production lines going and continue to make engines all while this is going on.”

An Aging Indiana Workforce's Effect On Brain Drain

Oct 5, 2015
John Lamb /

The number of mature workers is on the rise in Indiana.

Nationally, there are more than 3.4 million workers over the age of 70. That number has doubled since the late 1990s. The latest figures also show that 2.3-percent of the current U.S. workforce is now 70 or older.

Orion Bell is CEO of Indianapolis-based CICOA Aging and In Home Solutions. He says people over the age of 60 in Central Indiana currently contribute $2.1 billion in paid employment each year. Such figures are expected to rise as Americans live longer and Baby Boomers age.

Clyde Robinson /

The nation's unemployment rate held steady at 5.1-percent in September. But two top Indiana economists aren’t pleased with that trend.

Ball State Economist Mike Hicks says the economy added only 142,000 jobs last month. He says that's definitive evidence the economy is slowing.

Hicks says employment is only slightly ahead of expected population growth and that 300,000 people left the labor force. In short, he says twice as many workers quit looking for work last month compared to those who found jobs.

Hicks says he’s concerned about the entire report.

Federal Judge: Beer Wholesalers Still Can't Sell Liquor

Oct 1, 2015
Dawn Ellner /


A federal judge has rejected a plea from Indiana's largest beer wholesaler to sell liquor.

Monarch Beverage sued to get rid of Indiana's law that prohibits beer wholesalers from dealing liquor (and vice versa) -- they have to choose between the two. The company says this law is an equal protection violation and thus unconstitutional.

Judge Sarah Evans Barker says Monarch, in her words, "entirely failed" to show there's any company being treated differently.