Westfield Business Round-up

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Hamilton County recently ranked among the top 10 in Indiana in a study by financial technology company SmartAsset that compared individual net worth by county across the nation.

Here’s how counties in Indiana stacked up against each other:

Rank County Income Debt Net worth Net worth as % of income Net worth as % of debt Highest net worth index
1 Tipton $25,868 $26,500 $51,100 197.5% 192.8% 52.80
2 Newton $23,154 $25,355 $40,970 176.9% 161.6% 45.74
3 Spencer $24,936 $19,869 $38,510 154.4% 193.8% 44.02
4 Carroll $25,365 $26,720 $42,327 166.9% 158.4% 43.38
5 Posey $29,821 $24,193 $45,475 152.5% 188.0% 43.10
6 Whitley $26,383 $29,346 $42,287 160.3% 144.1% 40.73
7 Blackford $20,534 $16,692 $29,616 144.2% 177.4% 40.44
8 Dearborn $27,907 $35,159 $45,833 164.2% 130.4% 40.31
9 Fountain $24,619 $19,052 $34,785 141.3% 182.6% 40.30
10 Hamilton $41,316 $64,604 $71,201 172.3% 110.2% 40.15

For more information on the study, including the methodology and interactive map, visit smartasset.com/investing/online-brokerage-accounts#indiana.

CIW Business local 0912 round up

Westfield City Council unanimously approved Village Park Plaza expansion and upgrades at its Aug. 14 meeting. Nearly $10 million will be spent by developer Washington Prime Group to remodel and add retail shopping to the Regal Cinema theater at Greyhound Pass and 146th Street. The multi-million-dollar project includes redesigning an existing 12,000 square feet on the south end of the 57,600-square-foot movie theater. The group will turn the space into four retail or restaurant venues facing 146th Street. The interior of the theater also will be renovated.

Westfield City Council verified a tax abatement for DuraMark Technologies. The council previously approved a 10-year personal property tax abatement for DuraMark in December 2012. For the full story, visit youarecurrent.com.

Newby Farms introduced an expansion plan to the Westfield City Council at its Aug. 14 meeting. “The intention of what I am trying to do is preserve the farm as much as possible,” owner Kevin Newby said. “We want educational activities for the kids, including things such as a pumpkin search. We want to teach them more about gardening. The equestrian piece of it kind of goes hand-in-hand. It is about preserving the farm itself.”

Methodist Sports Medicine will hold a ribbon-cutting ceremony with the Westfield Chamber of Commerce at 11:30 a.m. Sept. 28 at the Grand Park Events Center, 19000 Grand park Blvd.

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