BREAKING NEWS
Bob Yanagihara, founder of Litebox, dies of cancer at age 52
No factory, jobs come to Indiana
Posted: 02/14/2013
Last Updated:
97 days ago
INDIANAPOLIS - The founder of a California company that planned to bring more than a thousand jobs to Indianapolis has died.
Litebox owner Bob Yanagihara died this week after battling cancer, company officials confirmed. He was 52.
In October 2011, Yanagihara was joined by then-Gov. Mitch Daniels and Indianapolis Mayor Greg Ballard to announce a new facility that would build massive mobile television screens, a sort of traveling tailgate party.
But more than a year later, the facility and the jobs have not materialized.
The city and state offered Litebox $11 million in tax incentives, but the money was not paid out because the requirements were not met, officials said.
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