Briefly Around the metro area [The Indianapolis Star] - Insurance News | InsuranceNewsNet

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July 16, 2010 Newswires
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Briefly Around the metro area [The Indianapolis Star]

July 16--Lilly cutting 340 IT jobs this year in Indiana Indianapolis In the latest step of its huge downsizing, Eli Lilly and Co. told workers Thursday that it plans to cut 340 information technology jobs in Indiana this year.

Of that number, the Indianapolis drug maker said, it already has cut 140 IT jobs through retirements, resignations and a round of layoffs last month. But it means that 200 more information technology workers will lose their jobs this year -- 115 this month and 85 by the end of the year.

Workers who are affected are given several months to look for another position within the company. But openings for reallocated workers typically are extremely limited.

The company said workers who lose their jobs will be offered a standard severance package, which calls for several weeks of pay for each year of service, on a graduated scale.

The internal announcement is the latest step in Lilly's move to cut 5,500 jobs by the end of next year to save about $1 billion. (Star report)

Millionaire's estate case continues today

Noblesville The long-running legal war over the estate of the late Lawrence W. Inlow, an attorney for Conseco when he was killed in 1997 by a spinning helicopter blade, continues today in Hamilton Superior Court.

In the past decade, lawsuits have been waged over tax bills, the liability of the helicopter maker, the $300,000 in funeral expenses and other issues.

Children and heirs of Inlow, who died at age 46 without a will to disburse his $185 million estate, still dispute $1.5 million in legal fees claimed by Indianapolis law firm Hall Render Killian Heath and Lyman. (Star report)

Food maker among

companies to watch

Indianapolis A Carmel-based food manufacturer whose low-calorie sweeteners include a baking substitute for brown sugar has been named by the Indiana Economic Development Corp. as one of 41 Indiana companies to watch.

About half of the honorees announced Thursday by Gov. Mitch Daniels' economic-development arm were in Central Indiana. The list included four Carmel businesses, 11 in Indianapolis and one each in the suburbs of Greenfield, Fishers, Noblesville and Cicero. Read the full list at IndyStar.com. (Star report)

Commercial brewery likes Near-Eastside spot

Indianapolis Flat 12 Bierwerks has locked in a location in the Holy Cross neighborhood on the Near Eastside for a commercial brewery.

Plans are to produce about a half-dozen craft beers starting around October in a 10,000-square-foot, single-story industrial building at 404 Dorman St.

"We looked for the right place Downtown for the better part of six months," said brewery co-founder Steve Hershberger.

Flat 12 is filing for a federally required beermaking permit. It would be Indianapolis' second commercial brewery since 1948, joining nearby Sun King Brewery's Tasting Room, 135 N. College Ave. (Star report)

To see more of the Indianapolis Star or to subscribe to the newspaper, go to http://www.indystar.com/.

Copyright (c) 2010, The Indianapolis Star

Distributed by McClatchy-Tribune Information Services.

For more information about the content services offered by McClatchy-Tribune Information Services (MCT), visit www.mctinfoservices.com, e-mail [email protected], or call 866-280-5210 (outside the United States, call +1 312-222-4544)

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