The Herald Bulletin

Morning Update

Annual Report: Business & Industry

Annual Report: Business & Industry
  • Profile: Swegman says GM glory days have vanished ALEXANDRIA, Ind. — Before General Motors packed up and left Anderson, Don Swegman’s livelihood revolved around it for more than 31 years. After General Motors, Swegman commuted to the Fort Wayne truck plant. Now retired, he manages to stay positive while remaining realistic.

    March 29, 2010

  • Auto retirees face changes ANDERSON, Ind. — When Jay Randolph took over as veterans service officer for Madison County, he expected his clients to be former soldiers, sailors and marines. Instead, Randolph has found himself working with many veterans of the automotive industry. Lifelong laborers who fought their battles on the assembly line, not the front lines.

    March 22, 2010

  • Profile: Veteran cleans up for veterans ANDERSON, Ind. — Nate Richardson is passionate about the product his company, Coeus Technology, has engineered. Yet Richardson is even more passionate about where the proceeds will go. Richardson, a disabled veteran, said last week he and his business partner, David Parker, vice president of global sales, plan to donate a portion of the profits from the product Monofoil to the Wounded Warriors Project, which helps severely injured veterans.

    March 22, 2010 1 Link

  • Manufacturers expect slow growth this year ANDERSON, Ind. — Although they tightened their belts in 2009 to compensate for decreased demand caused by the recessed economy, Madison County manufacturers are projecting slow growth for 2010. One local manufacturer, Remy International Inc., has kick-started the year with a contract with Allison Transmission that will require the company to ramp up its electric motor production and hire more workers.

    March 22, 2010

  • Profile: Couple took advantage of housing downturn Alex and Katie Bare were able to take advantage of the downturn in the housing market to buy their starter home in May of 2009. While Madison County has been hit hard by both the overall economic downturn and the departure of General Motors, this couple was able to turn their fiscal responsibility into their first real estate purchase.

    March 22, 2010

  • Real estate market still gray, but with silver lining ANDERSON, Ind. — The common wisdom is well known. The loss of automotive industry jobs in Anderson left many empty properties behind. The financial crisis of 2008 worsened conditions in an area already rampant with foreclosures. But, perhaps, wisdom is not that common after all.

    March 22, 2010

  • Commuters leave county for jobs ANDERSON, Ind. — More than twice as many motorists commute out of Madison County than into it, according to Indiana Department of Revenue data. According to data from 2007, the most recent complete data available, 18,128 drivers (21.4 percent) commuted out of the county, while 8,254 (11 percent) commuted into it. The most popular area to which to commute was Marion County followed by Hamilton County, while commuters into Madison County most frequently came from Delaware County followed by Hamilton County.

    March 22, 2010

  • Profile: 180,000 car minutes over the years For twenty-five years, Beth Jones has been crossing the county line from her home in Delaware County to her job in Madison County. A twenty-minute jaunt to teach at Anderson Christian School has turned into 180,000 minutes in the car over the years – assuming a 180-day school year.

    March 22, 2010

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