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Group recommends a significant reduction in IPL’s requested rate hike

By Max Bomber TheStatehouseFile.com INDIANAPOLIS – An agency that represents customers says Indianapolis Power & Light doesn’t need to raise customer rates as much as it has proposed to keep customers safe and electric service reliable. The Indiana Office of Utility Consumer Counselor has recommended that state regulators approve only 8 percent of IPL’s proposed […]

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Low unemployment could mean trouble for businesses seeking workers

By Amanda Creech TheStatehouseFile.com  INDIANAPOLIS – The state’s unemployment rate dropped below 5 percent in June for the first time in more than seven years as the state’s labor force continued to expand. The rate – which measures the number of people who are actively seeking work but unemployed – fell to 4.9 percent from […]

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Cook Pharmica adds 70 jobs in Monroe County

Staff Report TheStatehouseFile.com INDIANAPOLIS — Cook Pharmica, a privately-held contract development and manufacturing organization, plans to bring up to 70 new jobs to Monroe County by 2020. “With a $59 billion economic impact in Indiana, the strength of our life sciences industry has a tremendous effect throughout the state,” Gov. Mike Pence said in a […]

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State ends contract with company enlisted to repair state’s image

Staff Report TheStatehouseFile.com INDIANAPOLIS – The Indiana Economic Development Corporation has decided to put an end to the contract with Porter Novelli and instead “focus resources on enhancing existing marketing efforts.” Porter Novelli was hired to help restore the state’s image after fallout from the Religious Freedom Restoration Act. The state cites a strong economy […]

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Pence visits farmers to survey flood damage

Staff Report TheStatehouseFile.com INDIANAPOLIS — Gov. Mike Pence visited northern Indiana Wednesday to survey damage caused by the recent heavy rainfall. He met with Hoosier farmers in Cass and Jasper counties to see how much damage has been done and to gauge the potential economic impact for farmers across Indiana. “Our farmers and agriculture industry […]

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May jobs report shows decreasing unemployment rate

By Katie Stancombe TheStatehouseFile.com INDIANAPOLIS — The May 2015 Indiana Employment Report shows that Indiana’s unemployment rate is continuing to decrease, landing at 5.1 percent. In May 2014, Indiana’s unemployment rate was .3 percent lower than the national average of 6.3 percent. A year later, the Hoosier state has decreased even further. These lower percentages […]

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Indiana Chamber discusses state’s report card

By Katie Stancombe TheStatehouseFile.com INDIANAPOLIS — The Indiana Chamber presented its 2015 national rankings report, more specifically known as the Indiana Vision 2025 Report Card, on Thursday. The progress plan was put into place in 2012 and includes 33 goals to achieve in four main areas: Outstanding Talent Attractive Business Climate Superior Infrastructure Dynamic and […]

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Tim Berry appointed to serve the Department of Financial Institutions

Staff Report TheStatehouseFile.com INDIANAPOLIS – Gov. Mike Pence announced Friday that former Indiana Republican Party Chairman Tim Berry is taking over as director of the Department of Financial Institutions. Berry will take over duties for current director Dennis Basset on June 8. Basset was recently named Public Finance Director of the Indiana Finance Authority. “Tim […]

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Indiana’s jobless rate drops to 5.4 percent, equals national average

By Max Bomber TheStatehouseFile.com INDIANAPOLIS – Indiana’s unemployment rate dropped considerably in April to 5.4 percent – the same as the national rate. That’s down 0.4 percentage points from the March rate and 2.1 percentage points lower than it was two years ago, according to the Indiana Department of Workforce Development. Indiana is only about […]

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Pence visits Cummins plant in China

Staff Report TheStatehouseFile.com INDIANAPOLIS – Gov. Mike Pence finished his third day in Beijing by observing Indiana-headquartered Cummins Inc.’s role in the innovation and production of clean technology. “Technology developed by Hoosiers in Columbus is powering Cummins engines built around the world, including here in China,” Pence said in a statement. “As Cummins grows and […]

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