The Herald Bulletin

Afternoon Update

Annual Report: Business & Industry

Annual Report: Business & Industry
  • Profile: Adaptation is the key ANDERSON, Ind. — Kishan Siram and his business-partner wife, Nanditha, came to America from India in 1996, first settling in Detroit, then relocating to Central Indiana. “We believe in America and the American dream,” said Siram, president of Amatra Technologies, founded in 2004 and associated with the Flagship Enterprise Center.

    March 29, 2010

  • Anderson retailers hit softer in 2009 than 2008 ANDERSON, Ind. – In the depths of a national recession, local retailers say consumers spent less in 2009 and focused more on necessities and deals than in 2008, but times are looking up for 2010. “Luxury and unnecessary items seems to have taken a bigger hit than necessary items,” said Anderson Economic Development Director Linda Dawson, of her discussions with business owners.

    March 29, 2010

  • Madison County weathers 2009 recession, closes few businesses ANDERSON — Though 2009’s economic recession provided a hostile climate for new businesses, a few managed to open their doors across Madison County, beating the odds in a time when it seemed the only thing harder to do than keeping your home was keeping your business open.

    March 29, 2010

  • County well-positioned for more growth along I-69 ANDERSON, Ind. — Interstate 69 is more than the road to and from Indianapolis in Madison County. It’s also a vital link to the region’s development future, local officials say. “From an economic-development standpoint, I’m not sure we can’t stress the importance of the interstate enough,” said Anderson Economic Development Director Linda Dawson.

    March 29, 2010

  • Profile: It's in her roots ALEXANDRIA, Ind. — Lana Nichols didn’t need a lot of training to start her own business. It was in her blood. Nichols, 29, owner and operator of Studio 115 Salon on Washington Street, is the daughter of Penny Stevens, former manager of the Gaither Resource Center, and the granddaughter of John and Deanie Carroll, former owners of Carroll’s Archery. Deanie also owns the Lighthouse Café. “We are kind of like a business family. I’ve had a ton of support.”

    March 29, 2010

  • Casting a broad net for future prospects ANDERSON­, Ind. — Economic development officials say they have unprecedented interest from industries looking at former General Motors sites in Anderson. It’s one of the city’s calling cards to try to lure business, but just part of how the area is marketing itself around the block and around the world.

    March 29, 2010

  • Economic woes slow commercial development ANDERSON, Ind. – Like most business sectors in 2009, Madison County commercial development suffered from the economic downturn; however, economic commissioners are hopeful for a better 2010. “The challenge all over the nation is the economy was in a recession,” said Bill Savage, economic development director of Elwood. “I don’t think Elwood had any special circumstances.”

    March 29, 2010

  • Local income rises slightly with economic transition ANDERSON­, Ind. — Madison County has managed to eke out steadily increasing per capita income in recent years even as the area has gone through a transformation in what drives the local economy. Where workers in earlier generations drove the economy by working in the local General Motors plants, younger workers now increasingly drive outside the county for higher-paying jobs.

    March 29, 2010

  • Profile: An interest in the people side While many may enter the field of investment management because they love dealing with money, Bruce Cain’s interest peaked at the people side of the business. “I always had an interest in finance and wanted to help people with my knowledge,” he said, sitting in the office of Overdorf Financial Services on Indiana 9.

    March 29, 2010

  • Soggy ground stalls crop ANDERSON, Ind. — A wet spring and a wet fall complicated farming in Madison County in 2009, but farmers managed to produce respectable yields, local farmers reported. Madison County farmer Mike Shooter said wet spring weather made it difficult for farmers to plant their crops. “We had a long tough spring getting the crops ready on time. Corn and soy was a month behind being planted because of wet weather. It has to be dry enough to get equipment across it."

    March 29, 2010

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