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Mississippi-based Hancock Fabrics is going out of business, shutting down its four Indiana stores and nearly 200 more.

The fabric and crafts retailer filed for bankruptcy in February, but no company came forward to buy its $280 million in retail assets.

Hancock Fabrics' Indianapolis, Carmel, Fort Wayne and Clarksville locations will hold clearance sales over the next few months before closing down. They employ about 40 people total.

 

Annie Ropeik

In the coming months, Subaru needs to add hundreds of workers at its huge Lafayette plant. But it hasn't been easy for the car-maker or other manufacturers to hire people with the right skills.

So they're teaming up, with trainings starting in April, to create a new workforce from scratch.

Lafayette's Subaru of Indiana Automotive, or SIA, is the only Subaru factory outside Japan. Inside, 5,000 people are turning chunks of steel into cars.

Becca Costello / WFIU Infogram

Indiana’s unemployment rate increased slightly in February. It's only the second time in more than three years the rate has grown month-to-month. 

Indiana’s private sector added nearly 7,000 jobs last month.

Yet, the unemployment rate climbed a tenth of a percent to 4.7 percent, its highest level since June. 

That’s because 20,000 Hoosiers entered the labor force last month.  The labor force is a measure of not just people with jobs, but also people actively looking for jobs. 

Ryan Delaney/WFYI

 

Steelworkers rallied outside the Carrier factory in Indianapolis Wednesday to protest plans to close the heating and air conditioning plant, sending 1,400 jobs to Mexico.

That announcement was caught on video in February and has drawn national attention. But analysts say the dramatic footage isn't the only reason Carrier is standing out.

 

Carrier Stands Firm On Moving Business Out Of Indiana

Mar 9, 2016
Carrier Corporation

Carrier is not going to stop its move to Mexico, despite some last-ditch efforts by Indiana's senators.

Dan Coats (R-IN) says his Tuesday meeting with Carrier execs did nothing to change their minds.

“I tried to convince them: ‘Is there anything that we can do to rethink this thing through?’ And they made it clear that over this -- next three years -- period of time, they’re going to be shifting out of Indiana,” Coats says.

Carrier Corporation

Governor Pence says Carrier and United Technologies will keep 400 executive and research jobs in Indiana, but says the state is still trying to save 2,100 jobs from moving to Mexico.

Pence emerged from a meeting with executives from Carrier and its parent company UTEC to say the companies have agreed to repay local tax abatements and $400,000 in state job training grants.

Incoming Lt. Gov. Holcomb Says Job Creation Is A Priority

Feb 18, 2016
Brandon Smith / IPBS

Eric Holcomb says one of his priorities once his appointment as Lt. Governor becomes official will be job retention.

“You want to make sure that you’ve got the right tax climate, you want to make sure you’ve got the right regulatory climate, you want to make sure – Governor Pence says this a lot and he’s absolutely spot-on – you’ve got to make sure Indiana is truly the crossroads of America,” Holcomb says.

His statement comes on the heels of appliance manufacturer Carrier and another firm announcing they’re moving 2,100 jobs out of Indiana.

Scott Pelath / Indiana House Democrats

House Democrats say the closing of Carrier plants in Indianapolis and Huntington shows Republicans have gotten the economy wrong.

Minority Leader Scott Pelath (D-Michigan City) argues the move of 2,100 to Mexico proves Republican initiatives, from right-to-work to corporate tax cuts to the repeal of the common construction wage, haven't worked.

“We continue to have very low economic growth,” Pelath says. “We continue to have negligible, if not negative, wage growth and we don’t see any real improvements here.”

Subaru of Indiana Automotive

A fourth vehicle model is set to be manufactured at Lafayette’s Subaru of Indiana Automotive plant beginning in 2018.

SIA officials announced Monday that a new larger three-row crossover model will be added to the production line, effectively replacing the Tribeca, which is no longer manufactured.

Beyond that, little is known about the unnamed vehicle, including how the plant will expand to increase production or how many jobs might be created.

Courtesy Crawfordsville Mayor's Office

It’s been a summer of sometimes frustrating road construction for Crawfordsville. Its local streets have been buffeted by orange cones and snarled by stopped trains and its interstate construction was delayed because of the I-65 mess in Tippecanoe County.

So this week on Ask The Mayor, we have Todd Barton weigh in on Governor Pence’s new road funding plan – which doesn’t give any new money to local road projects.

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