INSIDE INDIANA BUSINESS column: Toyota to cease production for 3 ......
An Indiana Congressman believes smaller travel trailer companies in the state might not survive because of added pressure from what have been described as toxic trailers. GOP Rep. Mark Souder is on the House Committee on Oversight and Government Reform that heard testimony from four leaders of Indiana trailer manufacturers. He says there are 10 major companies in his district that have been named in major lawsuits over so-called toxic trailers. Prior to Hurricane Katrina, those companies had a total of four complaints about formaldehyde levels.
Sen. Evan Bayh, D-Ind., is asking key Senate leaders to drastically increase Amtrak funding for intercity passenger rail services as a cost-effective, energy-efficient option. Bayh and Sen. Gordon Smith R-Ore., want $1.8 billion appropriated to maintain current rail operations and increase intercity rail services throughout the nation. The Bayh-Smith request represents a 36 percent increase over Fiscal Year 2008 levels of $1.3 billion. Ridership has seen a 25 percent spike in some parts of Indiana since September.
An Indiana-based technology developer and supplier is expanding its global headquarters and plans to add 250 jobs by 2012. Telamon Corp. will invest more than $3 million in its Carmel corporate complex to upgrade technical support, engineering and logistics operations. Telamon already employs more than 250 in Carmel.
The new president of Indiana State University is hoping to have a clear vision for the institution and a plan to implement it within a year. Daniel Bradley will step into his role on the Terre Haute campus July 31. The university's board of trustees confirmed his appointment today. Bradley says he wants a strategic plan for Indiana State to address several fronts including enrollment, research and the university's role in Indiana's economic development.
The director for the Anderson Department of Municipal Development says the city is in competition with other communities for Nestlé Corp.'s new production line. Michael Widing says he does not know what other cities are in the running, but if Anderson lands it, the 260,000-square-foot facility would create an additional 140 jobs. Nestlé has one product line up and running at its 880,000-square-foot facility in Anderson and hopes to have four fully operational by the end of summer.
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