updated: 9/5/2008 1:34:40 PM

[UPDATED] Condo Project Planned For South Bend Riverfront

A $3.85 million condominium project in South Bend has been approved by the city's redevelopment commission. South Bend-based Place Builders plans to construct at least 10 townhomes on the riverfront site. Mayor Stephen Luecke says the development adds to the momentum the city has been establishing in its east bank and downtown areas. He says the developer plans to break ground on the first three units this fall and expects to have the project completed by spring 2010.

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updated: 9/5/2008 2:37:44 PM

[UPDATED] Colts Give $1 Million Gift to Riley Children's Foundation

The Indianapolis Colts have donated $1 million to the Riley Children's Foundation. The money will be used for a range of projects and activities to assist children throughout the state. One of those efforts will be the Colts' support of Kids Caring & Sharing. Riley's Hope Happens Here: The Campaign for Indiana's Children is trying to reach its $175 million goal.

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updated: 9/5/2008 11:17:03 AM

Security Technology Company Expanding in Indiana

Ingersoll Rand Security Technologies is expanding manufacturing operations in Indianapolis. The door exit device manufacturer plans to add 40 jobs by 2011. It currently employs more than 530 at the Indianapolis facility. The Indiana Economic Development Corp. has offered Ingersoll Rand up to $200,000 in performance-based tax credits and up to $90,000 in training grants.

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updated: 9/5/2008 1:37:53 PM

Daniels to Address Japan-Midwest U.S. Conference

Governor Mitch Daniels will be in Milwaukee Monday for the 40th Annual Joint Meeting of the Midwest U.S.-Japan Association and the Japan-Midwest U.S. Association. He will be among several governors speaking during the conference. Japanese government leaders are also expected to address the meeting which focuses on economic links between the Midwest and Asian nation.

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updated: 9/5/2008 12:54:02 PM

Judge Certifies Class Action Suit Against Lilly

A New York judge says there is sufficient evidence of fraud by Indianapolis-based Eli Lilly and Co. (NYSE: LLY) concerning Zyprexa to warrant a jury trial. The judge is also allowing pension funds, labor unions and insurance companies to proceed as a group in a lawsuit. Bloomberg reports U.S. District Judge Jack Weinstein has also granted a motion to unseal more than 300 documents in the case that had been designated confidential.

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