Bankruptcy Indiana

Here we are in the final stretch, the last few weeks of 2009, and I'm taking a look at employment news around the state.

 I have only a couple of bright spots to report, and at least one of those is bright green. A startup company from California, WindStream Technologies, is putting a new wind energy technology production facility near New Albany, promising to create more than 260 jobs in the coming two years. (While I don't have a bankruptcy law office in New Albany, I serve many clients from southern Indiana out of my Bloomington office.  My professional colleagues who are Columbus bankruptcy lawyers help me offer Indiana bankruptcy information in the southern part of the state.)

Craftline Graphics, a large children's activity book publisher, is expanding its Fort Wayne printing operations and creating 75 new jobs to add to its 100-employee base in the coming two years. The new Walmart in Lebanon will bring 200 new jobs, and increased support for the state's economy. Since one of my bankruptcy law offices is in Anderson, Indiana,  I am very interested in developments in the northeast part of the state.

When it comes to government jobs, the operative color is more gray than green. Indiana's Department of Administration began just three weeks ago to lay off employees in order to cut costs.  Governor Mitch Daniels ordered agencies to cut costs by 10% for the fiscal year ending June 30, 2010. Most of the layoffs were in public works, including engineering, architectural, and project management jobs.

Meanwhile, in Huntington near Ft. Wayne, a serious budget shortfall is costing government jobs as well. And, as an Indianapolis bankruptcy attorney, I wasn't happy to hear that Apria Healthcare is closing its Indianapolis facility, cutting 35 positions.

As part of offering Indiana bankruptcy information, I make a special effort to keep clients and blog readers up to date on the job market here.  As I've explained before, filing bankruptcy offers the chance of a fresh financial start for those who have fallen on hard times due to the recession and all the job layoffs. 

But I am careful to remind everyone that the objective is not the filing of bankruptcy -  it's for debtors to emerge from bankruptcy. The emerging part can happen only in an environment offering well-paid jobs!