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Indiana Toll Road Concession Company
ITR Concession Company LLC (ITRCC) is a subsidiary of IFM Investors that operates and maintains the Indiana East–West Toll Road. ITRCC has its headquarters in Elkhart, Indiana. ITRCC assumed this responsibility from the Indiana Department of Transportation on June 30, 2006, in accordance with a 75-year lease agreement, included as part of the 2005 "Major Moves" legislation proposed by Governor Mitch Daniels and enacted by the Indiana General Assembly in November 2005. On September 22, 2014, ITRCC announced it had filed Chapter 11, Title 11, United States Code, Chapter 11 bankruptcy, and that a sale process for the asset would commence. IFM Investors on March 11, 2015, announced that it had entered into a $5.725 billion agreement for the right to operate the Indiana Toll Road and collect toll revenue. On May 27, 2015, IFM announced it had reached financial close on its acquisition of ITRCC, and thus inherited the remaining 66 years of the concession lease agreement. References Ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IFM Investors
IFM Investors is a provider of investment services. As at 30 June 2021, IFM Investors invests on behalf of more than 550 institutions worldwide, including pension, superannuation and sovereign wealth funds, universities, insurers, endowment funds and foundations. History Established in 1990, the firm started off as the Development Australia Fund (DAF Limited). It was established to invest in growing Australian private and public companies and infrastructure assets. In 1994, Industry Funds Services (IFS) was established to provide advice and specialist investment expertise in infrastructure, private equity and Australian equities. Industry Funds Management (IFM) was created through the merger of IFS Capital Group and DAF Limited in 2004. Industry Funds Management (IFM) changed its name to IFM Investors in 2013. In 2018, the company Fomento de Construcciones y Contratas (FCC) decided to sell 49% of the capital of its subsidiary FCC Aqualia to the IFM Global Infrastructure Fund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indiana East–West Toll Road
The Indiana Toll Road, officially the Indiana East–West Toll Road, is a tolled freeway that runs for east–west across northern Indiana from the Illinois state line to the Ohio state line. It has been advertised as the "Main Street of the Midwest". The entire toll road is designated as part of Interstate 90 (I-90), and the segment from Lake Station east to the Ohio state line (which comprises over 85 percent of the route) is a concurrency with I-80. The toll road is owned by the Indiana Finance Authority and operated by the Indiana Toll Road Concession Company (ITRCC), which is owned by IFM Investors. Route description The Indiana Toll Road is part of the Interstate Highway System which runs through Indiana connecting the Chicago Skyway to the Ohio Turnpike. The toll road is signed with I-90 for its entire length, as well as I-80 east of Lake Station, after having run concurrently with I-94. Exit points are based on the milepost system, with exits starting at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elkhart, Indiana
Elkhart ( ) is a city in Elkhart County, Indiana, United States. The city is located east of South Bend, Indiana, east of Chicago, Illinois, and north of Indianapolis, Indiana. Elkhart has the larger population of the two principal cities of the Elkhart-Goshen Metropolitan Statistical Area, which in turn is part of the South Bend-Elkhart-Mishawaka Combined Statistical Area, in a region commonly known as Michiana. The population was 53,923 at the 2020 census. Despite the shared name and being the most populous city in the county, it is not the county seat of Elkhart County; that position is held by the city of Goshen, located about southeast of Elkhart. History When the Northwest Territory was organized in 1787, the area now known as Elkhart was mainly inhabited by the Ottawa, Chippewa, and Potawatomi Indian tribes. In 1829, the Village of Pulaski was established, consisting of a post office, mill, and a few houses on the north side of the St. Joseph River. Dr. Havilah Beard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indiana Department Of Transportation
The Indiana Department of Transportation (INDOT) is a governmental agency of the U.S. state of Indiana charged with maintaining and regulating transportation and transportation related infrastructure such as state owned airports, state highways and state owned canals or railroads. Indiana's "highway network" started out as a series of dirt paths, which settlers created for local travel. Most of the time, these paths did not interconnect, making travel difficult at best. Highway Act – 1917 The first Indiana legislative step toward establishing a state highway commission that would meet the requirements for federal road grants was taken on March 7, 1917. But, aside from blazing a new trail, the newly organized State Highway Commission accomplished little of practical nature, because the constitutionality of the act creating the commission was challenged in the courts. Highway Act – 1919 By the time that the 1917 Highway Act was ruled constitutional by the Indiana Supreme Cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitch Daniels
Mitchell Elias Daniels Jr. (born April 7, 1949) is an American academic administrator, businessman, author, and retired politician. A Republican, Daniels served as the 49th governor of Indiana from 2005 to 2013. Since 2013, Daniels has been president of Purdue University and plans to retire as of January 1, 2023. Daniels began his career as an assistant to senator Richard Lugar, working as his chief of staff in the Senate from 1977 to 1982. He was appointed executive director of the National Republican Senatorial Committee when Lugar was chairman from 1983 to 1984. He worked as a chief political advisor and as a liaison to President Ronald Reagan in 1985. He then moved back to Indiana to become president of the Hudson Institute, a conservative think tank. He later joined Eli Lilly and Company where he served as president of North American Pharmaceutical Operations from 1993 to 1997 and as senior vice president of corporate strategy and policy from 1997 to 2001. In January 2001, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indiana General Assembly
The Indiana General Assembly is the state legislature, or legislative branch, of the state of Indiana. It is a bicameral legislature that consists of a lower house, the Indiana House of Representatives, and an upper house, the Indiana Senate. The General Assembly meets annually at the Indiana Statehouse in Indianapolis. Members of the General Assembly are elected from districts that are realigned every ten years. Representatives serve terms of two years and senators serve terms of four years. Both houses can create bills, but bills must pass both houses before it can be submitted to the governor and enacted into law. Currently, the Republican Party holds supermajorities in both chambers of the General Assembly. Republicans outnumber Democrats in the Senate by a 40-10 margin, and in the House of Representatives by a 70-30 margin. Structure The Indiana General Assembly is made up of two houses, the House of Representatives and the Senate. Indiana has a part-time legislature th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Bend Tribune
The ''South Bend Tribune'' is a daily newspaper and news website which is based in South Bend, Indiana. It is distributed in South Bend, Mishawaka, north central Indiana, and southwestern Michigan. It has been named as a "Blue Ribbon Newspaper" (2006, 2016 and 2018) by the Hoosier State Press Association. It is the third largest daily broadsheet newspaper in the state of Indiana by circulation. The Tribune was locally and family owned by Schurz Communications and based in Mishawaka, for more than 146 years, from its founding in 1872 until 2019. Five generations of the family owned and operated the newspaper until The Tribune was sold to GateHouse Media on Feb. 1, 2019. In November 2019, GateHouse Media completed the purchase of the Gannett newspaper chain; the two combined newspaper chains use the Gannett name. On Nov. 19, 2019, the South Bend Tribune became a Gannett newspaper. Also in November 2019, the South Bend Tribune moved out of the Tribune Building at 225 W. Colfax ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Times Of Northwest Indiana
''The Times of Northwest Indiana'' (NWI) is a daily newspaper headquartered in Munster, Indiana. It is the second-largest newspaper in Indiana, behind only ''The Indianapolis Star''. History The paper was founded on June 18, 1906, as ''The Lake County Times''. Its founder, Simon McHie, was a native of a small town along the Niagara River in Canada. In 1933, the name was changed to ''The Hammond Times'', and it became an afternoon paper serving Hammond, Whiting, and East Chicago. In May 1962, the McHie family sold the publication to Robert S. Howard of Howard Publications. The paper expanded to all of northwest Indiana in 1967 and dropped Hammond from its masthead to become simply ''The Times''. Offices were moved to Munster in 1989, and the paper began morning delivery and began printing different editions based on distribution region. The Howard papers were bought in April 2002 by Lee Enterprises. Distribution ''The Times'' prints different editions based on delivery region. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Indiana
The government of Indiana is established and regulated by the Constitution of Indiana. The state-level government consists of three branches: the judicial branch, the legislative branch, and the executive branch. The three branches share power and jointly govern the state of Indiana. County and local governments are also constitutional bodies with limited authority to levy taxes, pass legislation, and create and maintain local public infrastructure. The government of Indiana was first formed in December 1816 and replaced the government of the Indiana Territory. The early government came under criticism beginning as early as the 1820s for having many public offices filled by appointment and lack of delegation of authority to lower officials, requiring state level legislation for things like divorce approval. In 1851 a new constitution was adopted by the state, remedying many of these problems and opening many more office to public election. Significant government reforms were enacted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In St
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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