April 2010
1 post
A 2.3% excise tax targets medical device makers beginning 2013 thanks to the health care bill. This will lead to a reduction in jobs and cuts in new technology development.
The medical device industry is important to Indiana and in particular the northeast region, which is a major player in producing orthopedic devices. There are about 300 medical device companies in Indiana employing 18,500 ...
March 2010
4 posts
Electronic tax filing remains high, the latest data on electronic filing showed 1.5 million had filed online in Indiana by March 18, repeating the number reached by March 19, 2009.
“When you file by paper, it takes about six weeks for us to process that return and get you your refund,” said Jodie Reynolds, a media relations specialist for the Internal Revenue Service office in Indianapolis. ...
A123 batteries to supply Navistar electric vehicles. According to A123, the production launch of the truck will take place midyear.
via fwbusiness
Great choice of battery manufacture, based on where things are going A123 could become one of this worlds major companies.
SDI to sell $300 million in debt securities, SDI intends to use the net proceeds from the sale of the securities to repay amounts outstanding under its senior secured revolving credit facility and for general corporate purposes such as debt repayment, capital expenditures, working capital and acquisitions.
via fwbusiness
Notre Dame has top business school in U.S., The University of Notre Dame’s Mendoza College of Business was ranked first in the country, according to the magazine. It credited the school’s alumni base for “willing to lend a hand to young job seekers.” It also began using Skype video-conferencing services for virtual job interviews between students and recruiters.
This...
February 2010
7 posts
Elkhart steel treatment plant, Specialty Heat Treating, will invest 1.5 million to expand its Elkhart facility. The Michigan-based company will add a new vacuum furnace to its existing 33,000-square-foot plant, providing additional capacity for the vacuum heat-treating services used to improve steel. The installation of the new furnace is expected to begin in May and it will be in production by...
SDI launches commercial rail production, currently capable of producing 300,000 tons per year. The standard strength rail has been tested and qualified by the first of the seven North American Class I railroads that are potential customers. Shipments are expected to begin in the second quarter. Evaluations by other Class I railroads are under way and are expected to result in additional...
Earthbound RV is bringing manufacturing jobs to Marion, IN, 60 in 2010 and 300 by 2013. Earthbound plans on producing vehicles at their new Marion facility in March because the company has 3.7 million dollars worth of back orders to build.
Indiananews
Mad Anthony Brewing taking to market barbecue sauce and rub for retail distribution. The new products will expand the Mad Anthony consumables empire, which already includes a microbrewery and restaurants in Fort Wayne, Auburn and Warsaw.
Fort Wayne - Allen County Economic Development Alliance
“We are your economic development experts. We employ a holistic approach when your company is seeking advice, support, and financial incentives. We are your first point of contact when you’re looking to locate, relocate, or expand your operations. Our project managers streamline the process (from project start, to end, to follow-up) of...
100 Top Entrepreneurs Who Succeeded without a... →
david:
Abraham Lincoln, lawyer, U.S. president. Finished one year of formal schooling, self-taught himself trigonometry, and read Blackstone on his own to become a lawyer.
Benjamin Franklin, inventor, scientist, inventor, diplomat, author, printer, publisher, politician, patriot, signer of the U.S. Declaration of Independence. Home-schooled with less than two years of formal education.
David...
Excellent news!
NIPSCO officials report the average monthly savings for residential customers in and around Fort Wayne was $173.00, compared to January of 2009.
The average bill was just $65.00, compared to about $238.00 for the same time period in 2009.
Check out Fort Wayne’s Business Weekly 40 under 40 nomination form deadline’s tomorrow!
January 2010
4 posts
The company that won Business Weekly’s first-ever Innovation Awards competition in 2006 still hasn’t opened its first facility to turn old tires into asphalt, fuel and other products, but it is getting closer. Fort Wayne-based Rubber Innovators LLC also added some clout to its board in early January with the addition of Keith Busse, chairman and chief executive officer of Steel Dynamics Inc.
This...
“Indiana’s NewsCenter has become the control hub for 12 Midwest television stations, including one in Detroit that features Fort Wayne on-air personalities.”
Canlan Ice Sports Arena coming soon to Fort Wayne. Located between Wells Street and Lima Road, the wedge of land is across the street from Glenbrook Commons.
December 2009
7 posts
Steuben County zoning rules could change to allow wind farms! This is great news and one step closer to making this place innovative again.
“The Steuben County Planning Commission unanimously approved the creation of a new section to the county zoning ordinance that would allow for the construction of wind farms and smaller wind power generators throughout the county.”
Fort Wayne International Airport recognized as “the nation’s friendliest airport” by USA Today.
Navistar joint venture will make electric trucks →
plzfreedomlee:
Navistar International Corp. will begin building electric commercial trucks next year in Elkhart County through a joint venture with Coventry,…
Snider handles New Haven Hockey Team, 5-1 →
plzfreedomlee:
FORT WAYNE – The Snider Hockey Team defeated New Haven Wednesday night by a 5-1 count. Goalie Luke Richardson registered…
The Fort Wayne FireHawks to replace the Fort Wayne Freedom indoor football team. J. Michael Loomis has taken ownership of the team plagued with financial problems and legal problems. He hopes the new corporate identity will help the team emerge from its previous problems. The first open tryout will be December 12th.
November 2009
12 posts
Celebrities born in Fort Wayne. It seems that Fort Wayne is in need of some fresh, young talent in the celebrity arena.
Maxim Medical Services to bring 51 jobs to Allen County. The project is set for completion in 2012. They install, re-manufacture and sell medical equipment to health care facilities and clients.
Zach Klein, a successful entrepreneur from Fort Wayne and currently living in New York is on the move again. He is a partner in a new Venture Capital firm, Founder Collective. They have a fund of $40 million that is dedicated to investing in seed stage deals. Based on reading their strategy they will do well as long as they pick profitable ideas.
On the other hand he’s getting down and...
WatchZach Klein flying to Fort Wayne.
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In Honor Of General Wayne
In 1790, President George Washington ordered the United States Army to secure Indiana. Three battles were fought in Kekionga against Little Turtle and the Miami Confederacy. Miami warriors annihilated the United States Army in the first two battles. Anthony Wayne led a third expedition, destroying the village while its warriors were away. When the tribe returned to their destroyed village, Little...
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Fort Wayne Population
Fort Wayne is the 2nd largest city in Indiana with a population of 251,591 as of 2008, ranking it the 73rd largest city in the nation.
Fort Wayne is the principal city of the Fort Wayne Metropolitan Statistical Area, a metropolitan area that encompasses Allen, Wells, and Whitley counties, for an estimated population of 411,154. In addition to those three counties, the Fort Wayne–Huntington–Auburn...