Business

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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Business
6:00 am
Tue October 14, 2014

Frankfort Works To Remake Roads, Lawmakers As It Seeks Investment

The bumps in the road are real, but they're also procedural for Mayor Chris McBarnes.
Credit Vegas Thornton / https://www.flickr.com/photos/vegast/395958569

The city of Frankfort is undergoing a construction binge of sorts. A ConAgra factory bigger than the Indianapolis convention center is being built, complete with its own access road from State Road 28.

But that state highway is a problem, as are the various railroad tracks that crisscross the city. WBAA’s Stan Jastrzebski recently took a trip around Frankfort with Mayor Chris McBarnes, who says there are places in his city that make him “embarrassed.”

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Business
4:37 pm
Mon September 15, 2014

Statehouse Committee Begins Look At State's Business Tax Climate

The Council on State Taxation's Fred Nicely, who says Indiana doesn't burden its businesses too much with taxes.
Credit Brandon Smith / Indiana Public Broadcasting

Indiana’s Senate budget leader says the legislature needs to focus more on the tax climate for all Hoosiers, not just businesses. 

A study from the Council on State Taxation reports that Indiana’s tax burden on businesses is the lowest of any of its neighbors.  It’s also among the ten lowest in the country. 

The Council’s Senior Tax Counsel Fred Nicely says the one area Indiana could improve is its business personal property tax.

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Business
3:36 pm
Wed August 13, 2014

Local Booksellers Unhappy About Purdue-Amazon Partnership

A pair of philosophy textbooks inside University Bookstore, which sits across the street from the Purdue Union -- future site of an Amazon storefront.
Credit Stan Jastrzebski / WBAA News

At least one West Lafayette textbook retailer says he’s not happy with Wednesday’s announcement of an agreement between Purdue University and Amazon.com.

Tom Frey runs University Bookstore, which sits across the street from the Purdue Memorial Union, but isn’t the school’s official textbook retailer. In the spring, Amazon will open a physical storefront in the Union.

Frey says it’s the latest salvo in an ongoing battle between the internet company and the National Association of College Stores, of which he’s a member.

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