Daily Archives: March 10, 2010

Indiana Orthopaedic Hospital Celebrates Fifth Anniversary

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The Indiana Orthopaedic Hospital (IOH) is celebrating its fifth anniversary this month. IOH opened its doors in March of 2005, when the physicians of OrthoIndy saw an increasing need for orthopaedic care in the Midwest. Owned by the physicians of OrthoIndy, IOH provides bone, joint, spine and muscle care in a patient-focused, like-home environment.

“We are excited to celebrate our hospital’s milestone of five years of service to Indianapolis and the Midwest,” said IOH CEO Jane Keller, RN, MBA. “In our five years of operation, we have celebrated many successes, due in large part to our owners being physicians first and owners second. IOH has always stated that choice, high-quality outcomes, safety, patient satisfaction and overall value are our utmost priorities.”
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ArcelorMittal to Invest $138 Million in U.S. Facilities

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ArcelorMittal is moving forward with approximately $138 million in capital funding for three investments within its U.S. Flat Carbon operations, including it Indiana Harbor and Burns Harbor facilities.

At Indiana Harbor, the funds will allow the facility to upgrade its 84” Hot Strip Mill coiling capability, which will expand its product size range and improve quality. The upgrade will allow the facility to meet demand in the energy linepipe and heavy-gauge, water transmission pipe market by offering a complete range of sizes and grades. The project will also expand product capabilities to include ultra high-strength, hot rolled steels in a greater size range to serve the heavy equipment markets, including construction and agriculture. The coiler upgrade includes the installation of a state-of-the-art sampling station.

At Burns Harbor, a 160” Plate Mill will add a new, high-capacity leveler as part of the company’s overall plate heat-treating strategy, which aims to provide customers with the broadest range of high-quality, heat-treated products at increased productivity and lower costs. The leveler will be sized for high-strength quenched and tempered products in a broad spectrum of gage, width, length and yield strengths which will allow participation in long-term growth markets such as mining and nuclear. ArcelorMittal has developed a holistic approach to this heat treat facility to improve flatness, surface and presentation quality of its products. Customers will also see improved delivery performance from quality and process flow enhancements at the Burns Harbor plate mill.
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Notes: Chrysler Recalls More Than 300 in Kokomo

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Chrysler is recalling more than 300 workers in Kokomo.

Three hundred non-skilled and skilled workers are returning to their Chrysler jobs, said Rich Boruff, president of United Auto Workers Local 685.

Boruff said 175 workers returned Monday, and more are expected to begin working March 22. In all, 257 non-skilled workers and 53 skilled workers are returning to work at the Kokomo Transmission Plant and Indiana Transmission Plant 1.

“Production is picking up,” said Boruff. “With Fiat, we are switching from a four speed to six speed [transmission]. It is going to be a challenge, but it is great to have these people back to work.”

CEVA Logistics will close its Plainfield facility, costing the community 250 jobs.

Lafayette trailer maker Wabash National has confirmed a deal with Swift Transportation for 3,100 trailers over the next three years.

Richmond may give thumbs-down to a new sports complex.

Northwest Indiana casino results were mixed.

Citizens to Take Over Indy Water Utilities

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Mayor Greg Ballard signed a memorandum of understanding (MOU) today to transfer the City’s water and wastewater utilities to Citizens Energy Group (Citizens), a public charitable trust operating like a not-for-profit for community benefit.

“With this agreement, I am rejecting privatization. Our water and wastewater utilities will no longer be a political football. Local professional management, lower rates and outstanding service make Citizens the best choice to own and operate our community’s water utilities,” Mayor Ballard said. “We look forward to working with the City-County Council and the IURC to complete the transfer and realize benefits for utility customers throughout Central Indiana.”

Pending Board of Waterworks, Board of Public Works, City-Council Council and IURC approval, the City of Indianapolis (City) will receive over $400 million in connection with the transfer of the utilities to Citizens. Upon receipt of necessary approvals and negotiation of final agreements, the City will receive a $262.6 million payment from Citizens ($170.6 paid at closing and $92 million paid on October 1, 2011), plus up to an additional $60 million from the wastewater general fund that will remain with the City upon the transfer of the wastewater system.
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