Fort Waynes Lancia Homes and Coldwell Banker Roth Wehrly Graber have launched a collaboration to better market new homes in the area.
Matt Lancia, Lancias project manager and past president of the Home Builders Association of Fort Wayne, said Lancias unsold new homes will be available for Coldwell Banker to list on its Web site and the multiple listing service.
Agents will have master keys available to them even while homes are under construction to facilitate showings, he said.
The arrangement has been going on unofficially for about three months, Lancia said. The company will continue to have its own marketing and sales staff, he added.
Two other Fort Wayne homebuilders, Westport Homes and Granite Ridge Homes by Tony Reincke, also have real estate collaborations – Granite Ridge with Century 21 and Westport with Coldwell Banker, Lancia said.
A DeKalb County company that finishes metal products for the defense and automotive industries broke ground Tuesday on an expansion that is expected to create three to five jobs.
Rhinehart Finishing LLC broke ground Tuesday on a $825,000 expansion in Spencerville, said Alyson Sarll, office manager. Family-owned Rhinehart Finishing and a sister company, Rhinehart Development Corp., employ 52, according to the 2009 Harris Indiana Industrial Directory.
The company on Monday requested a tax abatement for the project from the DeKalb County Council Monday. The council hasnt acted on the request.
Toyota Motor Corp. says the retooling of its southern Indiana plant for production of the Highlander sport utility vehicle will cost about $500 million.
The company had announced last year that it would start building the midsized SUV at the Princeton factory, but it had not previously revealed the cost of the project.
Toyota spokeswoman Kelly Dillon says the plant is not being expanded and no additional jobs are expected.
The plants 4,200-person workforce is down about 300 since Toyota offered Princeton employees $20,000 payments and other incentives to voluntarily leave their jobs.
Dillon attributed the reduction to normal attrition and transfers to other plants as well as the buyout.
Boeing Co. will pay $580 million in cash for a plant that makes large sections of its 787 jetliner in an apparent effort to resolve supplier problems that have contributed to costly delays and hurt the companys credibility.
The plant makes sections of the 787s fuselage between its wings and tail that are made primarily from lightweight carbon composites. The next-generation aircraft that has been hampered by repeated delays because of production problems that have cost Boeing billions of dollars in anticipated expenses and penalties.
The airplane maker said Tuesday the acquisition of the North Charleston, S.C., plant from Vought Aircraft Industries will boost its capacity to develop and build large plane sections made from carbon composite parts.
Shares of Boeing slid $1.10, or 2.7 percent, to $39.47 in midday trading.
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