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Business Services
Communications firm plans 100-plus area layoffs
April 1, 2013
IBJ StaffFort Wayne-based communications firm Briljent LLC plans to lay off between 100 and 130 employees at its Indianapolis office
after losing a large federal contract with the Centers for Medicare & Medicaid.
MoreFortune can't explain 'significant and unusual' stock swing
March 19, 2013
Jeff NewmanFortune Industries Inc. shares on Monday jumped as much as 285 percent from Friday’s closing price. The New York Stock
Exchange found the move and an intense spike in trading volume so odd that it asked the company for answers.
MoreFortune Industries set to accept $13.3M buyout offer
February 21, 2013
Scott OlsonThe proposed buyer is CEP Inc., a holding company led by Fortune Industries CEO Tena Mayberry and Chief Financial Officer
Randy Butler, who first bid for the company last March.
MoreDowntown Arvey store reopens under new ownership
January 11, 2013
Scott OlsonArvey Paper & Office Products at 1021 N. Pennsylvania St. began serving customers again in December after closing for six
months. A former executive of Arvey's previous parent company bought the name and has reopened five stores nationwide.
MoreFortune Industries abandons sale to skilled-nursing operator
January 11, 2013
Scott OlsonThe professional employer organization has terminated its purchase agreement with Ide Management Group LLC of Greenfield and
now plans to pursue a sale it had explored previously.
MoreLocal elevator service firm bought by German company
January 8, 2013
The Indianapolis elevator repair and installation company has been acquired by ThyssenKrupp AG. Amco Elevator was founded
in 1965 and had been locally owned until the purchase.
MoreTax software upstart proves appeal to major companies
December 8, 2012
Chris O'MalleyAppealTrack's simplicity gains attention in growing market for firms managing property tax appeals.
MoreData center N/Frame spending more on Carmel upgrade
December 1, 2012
Chris O'MalleyThe company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
MoreFortune profit ticks up despite lower revenue
November 15, 2012
Indianapolis-based Fortune Industries Inc.’s profit ticked up slightly in its fiscal first quarter but revenue fell
due to the loss of two large clients, the company announced Wednesday.
MoreFlorida payroll provider moving to Indianapolis, adding 59 jobs
October 26, 2012
Beyond Payroll LLC, which said it will add the jobs by 2106, is leasing 2,000 square feet of space in the downtown Stutz Building.
MoreStartup aims to help relieve business leaders' stress
October 6, 2012
No job is too small for Simply Helpful, which provides office-support services on a contract basis.
MoreFortune Industries plans to exit PEO business
October 1, 2012
Scott OlsonIn an unusual turn of events, the publicly traded professional employer organization is abandoning its plans to be taken private
and instead hopes to become a skilled-nursing operator through a merger with a Greenfield-based company.
MoreLocal services firm plans expansion, up to 100 jobs
September 18, 2012
IBJ StaffBusiness services firm First Advantage said Tuesday that it plans to move its operational headquarters from St. Petersburg,
Fla., to its local offices in Fishers, creating up to 100 jobs in the process.
MoreMillcraft hoping to fill downtown paper-supply void
September 13, 2012
Scott OlsonMillcraft Paper Co. is set to move from the far east side to downtown Indianapolis on Sept. 24 in hopes of filling a void
left a few months ago by the closing of Arvey Paper & Office Products.
MoreNyhart makes first West Coast acquisition
September 7, 2012
J.K. WallIndianapolis-based Nyhart Actuary & Employee Benefits has established its first office on the West Coast with its latest
acquisition.
MoreFortune Industries founder, chairman dies
August 28, 2012
Carter M. Fortune, 70, died Saturday at his home in Destin, Fla., the company said. The Fortune Industries chairman had been
in the process of selling the public company to management in a deal valued at $30.5 million.
MoreWeb services firm plans downtown office, 300 jobs
August 22, 2012
San Francisco-based cloud-computing service provider Appirio Inc. said it will spend $2 million to open an office in downtown
Indianapolis' Pan Am building, where it will employ 300 by 2015.
MoreScale Computing new storage unit with server could play in $5B market
July 21, 2012
Chris O'MalleyLocal firm's new data center is seen as an alternative to so-called "virtualization" trend.
MoreJanitors' union recruits council support on contract talks
June 25, 2012
Kathleen McLaughlinThe first janitors’ union contract in the city will expire soon, and union organizers are looking to the Indianapolis
City-County Council to give them a boost in the negotiations.
MoreImage consultant aims to meld personal, professional styles
June 23, 2012
Andrea Muirragui DavisSola Adelowo, a certified image consultant and owner of Indianapolis-based ImageCube LLC, uses a surprisingly scientific process
that starts with a personality-type assessment and results in custom-style kits and an illustrated wardrobe guide.
MoreIndianapolis fastest-growing companies run the gamut
June 16, 2012
Marc D. AllanThis year's list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging
from human resources to office furnishings to construction to home health care and games.
MoreFortune buyout would help exec out of financial jam
June 9, 2012
Greg AndrewsSale to managers would alleviate problems for company's 70-year-old namesake and keep firm from being seized by bank.
MoreTaxing career path ultimately appeals to entrepreneur
June 2, 2012
Chris O'MalleyAccounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
MoreBusiness Furniture expands into Ohio with acquisition
May 14, 2012
Indianapolis-based Business Furniture LLC, the city's largest office furniture dealer, has expanded into Ohio by acquiring
Everybody’s Workplace Solutions Inc. in Dayton.
MoreFortune Industries shareholder seeks to stop proposed sale
April 17, 2012
Scott OlsonA shareholder of Indianapolis-based Fortune Industries Inc. has filed suit against the public company and its top executives,
seeking class-action status on behalf of shareholders who want to stop a transaction that would take it private.
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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.