A key Democrat in Indiana believes Governor Mitch Daniels is doing the right thing by ordering more spending cuts as the state deals with declining revenue. House Speaker Pat Bauer (D-6) hopes the governor does not cut education in the future. Our partners at WIBC/Network Indiana report Bauer has told House Democrats any bill next year that would cost the state money will not get a hearing
A biomedical test equipment manufacturer is undertaking a second major expansion in Indianapolis in as many years. California-based Beckman Coulter Inc. (NYSE: BEC) says it is making a multi-million dollar investment to relocate its plastics injection molding operation to a business park on the city's northwest side. The company is also locating parts of its field service operations and product development in Indianapolis. It plans to add up to 100 jobs in Indiana.
The Indiana University Nanoscience Center in Bloomington is sponsoring a free workshop next week on advanced battery technologies. Friday's event will review current battery research and explore future directions for developing high power and high energy density batteries needed for transportation and renewable energy applications. The workshop will focus on identifying areas of mutual interest and to develop regional collaborations.
The Indianapolis-Marion County Public Library (IMCPL) has launched a multi-year initiative to lower energy use, with the hope of reducing operating costs. The pilot project will initially focus on the organization's administrative headquarters building, where upgrades to the lighting, heating and cooling systems could save more than $964,000 over six years. Energy Solutions by JMS of Indianapolis is guaranteeing the savings and if they are not achieved the company will reimburse IMCPL for the difference.
The University of Southern Indiana Board of Trustees has approved a new degree program. A Bachelor of Science degree in sport management could be offered next fall with state agency approvals. The board also directed the finance/audit committee to approve design plans, cost estimates and construction schedules for a new $16.5 million teaching theater on campus.
Senate President Pro Tem David Long (R-16) says the Senate will also be making cuts following a continuing decline in state revenue. The Senate will reduce overall spending by an additional 5 percent and continue a hiring freeze. He also says senators and senate employees will not receive raises in 2010. State revenues for October were $46 million below expectations.
The Eiteljorg Museum in downtown Indianapolis is planning a ribbon-cutting next week to open the sixth round of its fellowship for Native American Fine Art. Consul General of Canada Robert Noble and officials from the city of Indianapolis are expected to attend Friday morning's ceremony. The program grants $25,000 to each of five Native American or First Nations artists.
Merrillville-based NiSource Inc. (NYSE: NI) is among the top green corporations in the country. It is fourth out of 37 U.S. utilities in Newsweek magazine's "Green Rankings" of the nation's largest corporations. The publication has measured the country's 500 biggest companies by revenue, market capitalization and number of employees and put them into 15 sectors.
BusinessWeek magazine has named Butler University's part-time MBA program among the nation's best. The program is ranked eighth in the Midwest and 36th in the nation by the publication. BusinessWeek started ranking part-time MBA programs in 2007.
Indiana Governor Mitch Daniels has ordered spending cuts designed to save the state up to $400 million over its two-year budget cycle. The reductions come as total state tax collections for October came in $46 million lower than forecast. It is the fourth consecutive month revenues have been below projections. Daniels says all state agencies will reduce spending by at least 10 percent, reimbursements to some Medicaid providers will be reduced and state employees will not have pay increases for fiscal 2010.

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