Contractors

Two contractors accused of wage violations accept plea deals

June 23, 2014
Dennis Barbosa
The Marion County Prosecutor's Office has reached plea agreements in two cases in which a contractor was accused of paying workers less than the required wage on publicly financed projects.
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Remodelings might await boomers wanting to stay in their homes

June 14, 2014
Norm Heikens
Many homes will be difficult for aging boomers to navigate without changing doors, bathrooms, hallways and kitchens.
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Contractor spending $1.6M to move north of downtownRestricted Content

March 29, 2014
Construction manager and contractor Messer Construction Co. has purchased two adjoining vacant buildings on North Meridian Street south of Fall Creek Parkway and plans to move there from Shadeland Avenue.
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Indiana Limestone wins court approval for auction

March 17, 2014
 Bloomberg News and IBJ Staff
The owner of Indiana Limestone Co. has received court approval to hold an April sale to see whether there are any better offers for virtually all its assets than the $26 million bid by lender Indiana Commercial Finance LLC.
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Palladium construction lawsuits costing panel millionsRestricted Content

March 15, 2014
Andrea Muirragui Davis
The cash-strapped Carmel Redevelopment Commission has spent more than $6 million since 2009 “responding to, defending and settling” legal claims from contractors involved in construction of the city’s Palladium concert hall.
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Former Indy Chamber leader joins Hagerman

January 27, 2014
 IBJ Staff
Scott Miller, who stepped down May 31 as president of the Indy Chamber, has been hired as president of The Hagerman Group, one of the state’s largest construction contractors.
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Special Report: City's building spree leaves trail of spoilsRestricted Content

August 24, 2013
Kathleen McLaughlin
Mayor Greg Ballard takes pride in Rebuild Indy, the city’s nearly $400 million program that doubled the volume of public works projects—and became engineering and construction firms' largest business opportunity with the city in more than a decade.
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Firm passed over for Ball State planetarium cries foulRestricted Content

July 13, 2013
Kathleen McLaughlin
Bowen Technovation President Jeff Bowen says the university unfairly favored his Florida-based competitor to install a sophisticated audio-visual system for its new planetarium, but Ball State maintains there was nothing wrong with its process for awarding the nearly $2 million contract.
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Crunching the numbers on Obamacare

March 30, 2013
J.K. Wall
The biggest changes from President Obama’s 2010 health reform law take effect nine months from now, so many Hoosier employers have started crunching detailed numbers to cost out their options.
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Defender Direct acquires Williams Comfort Air

October 3, 2012
Scott Olson
Home-security and satellite-dish installer Defender Direct Inc. has acquired local heating, cooling and plumbing powerhouse Williams Comfort Air, creating a home-services company with nearly 2,200 employees and $335 million in annual revenue.
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Anderson tests new pavement-recycling process

August 29, 2012
Associated Press
Anderson is the first city in Indiana to try a process that uses infrared technology to heat and melt existing asphalt, which is then broken up and removed, mixed with fresh oil and returned to the road surface.
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Remodeling rebounds as homeowners opt to fix what they haveRestricted Content

August 25, 2012
Cory Schouten
More homeowners are taking the plunge on pricey home remodeling projects—ranging from kitchens, bathrooms and basements to outdoor living areas and whole-house makeovers—after a roughly five-year lull that began with the housing downturn.
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Indiana panel approves new stage-rigging rules

May 2, 2012
Associated Press
An Indiana commission has approved the state's first rules governing the type of temporary stage rigging involved in last summer's deadly state fair stage collapse.
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Work on city's 8-mile sewage tunnel gets underway

April 26, 2012
Associated Press
Work is starting on an 8-mile-long tunnel under the south side of Indianapolis that is the first major part of a $1.6 billion project aimed at reducing the release of raw sewage into the city's rivers.
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Contractor uses 'process mapping' to overhaul businessRestricted Content

January 28, 2012
Andrea Muirragui Davis
ProClad Inc. founder Brad Hitzfield invested in a 30-year business veteran to help him remake his specialty construction firm when profits couldn't keep pace with revenue.
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Bill requiring Indiana stage inspections advances

January 17, 2012
Associated Press
All outdoor stages in Indiana would have to pass inspections before any performances under a bill approved by a state Senate committee.
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Blakley Corp. hires first outsider CEO

January 3, 2012
Kathleen McLaughlin
Indianapolis-based Blakley Corp., a specialty contractor and home-flooring retailer, has hired the first outsider CEO in the company's 114-year history.
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Indiana construction biz acquired by Swedish firm

December 29, 2011
 IBJ Staff and Bloomberg News
Stockholm-based Skanska AB, the Nordic region’s biggest builder, has purchased Industrial Contractors Inc. for $135 million, boosting its U.S. presence with its first acquisition in the United States in a decade.
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Owner launches HVAC business after selling family firmRestricted Content

October 29, 2011
Andrea Muirragui Davis
Larry Howald sold his father’s 40-employee HVAC business to Lennox in 2000 during a wave of industry consolidation. He stayed with the firm for a decade, but has now left to strike out on his own again.
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Area home-construction permits rise in August

September 15, 2011
Home-construction permits in the Indianapolis metropolitan area climbed 23 percent in August thanks to a surge of activity in suburban counties.
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Landscape architect stays small by designRestricted Content

September 10, 2011
Ann Finch
Landstory, Joann Green's landscape architecture firm, is a snug four-person company that has designed exterior spaces for some major Indianapolis projects, such as the JW Marriott, Lucas Oil Stadium and Indiana University's Melvin and Bren Simon Cancer Center.
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SHEATS: Kitchen, bath remodels add value, appealRestricted Content

August 27, 2011
Jeff Sheats
If done wisely, a well-designed kitchen and bathroom not only add value, but they also make life more convenient.
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'Buy local' law doesn't sting Indy sewer project

August 19, 2011
Francesca Jarosz
A new state law that could add to the cost of public works projects didn’t impact one of Indianapolis’ most sizable bids this year.
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Rejected bidder cries foul over demolition of Keystone Towers

June 28, 2011
Scott Olson
Titan Wrecking & Environmental bid about $255,000 less than the winning proposal to demolish Keystone Towers, but was rejected because of missing paperwork. The company owner says the city could have overlooked the omissions to save taxpayers money.
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City seeks bids for $300M sewage tunnel system

May 9, 2011
Cory Schouten
City officials are seeking bidders for the first phase of Indianapolis' largest-ever public works project, an underground tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.
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  1. Apologies for the wall of text. I promise I had this nicely formatted in paragraphs in Notepad before pasting here.

  2. I believe that is incorrect Sir, the people's tax-dollars are NOT paying for the companies investment. Without the tax-break the company would be paying an ADDITIONAL $11.1 million in taxes ON TOP of their $22.5 Million investment (Building + IT), for a total of $33.6M or a 50% tax rate. Also, the article does not specify what the total taxes were BEFORE the break. Usually such a corporate tax-break is a 'discount' not a 100% wavier of tax obligations. For sake of example lets say the original taxes added up to $30M over 10 years. $12.5M, New Building $10.0M, IT infrastructure $30.0M, Total Taxes (Example Number) == $52.5M ININ's Cost - $1.8M /10 years, Tax Break (Building) - $0.75M /10 years, Tax Break (IT Infrastructure) - $8.6M /2 years, Tax Breaks (against Hiring Commitment: 430 new jobs /2 years) == 11.5M Possible tax breaks. ININ TOTAL COST: $41M Even if you assume a 100% break, change the '30.0M' to '11.5M' and you can see the Company will be paying a minimum of $22.5, out-of-pocket for their capital-investment - NOT the tax-payers. Also note, much of this money is being spent locally in Indiana and it is creating 430 jobs in your city. I admit I'm a little unclear which tax-breaks are allocated to exactly which expenses. Clearly this is all oversimplified but I think we have both made our points! :) Sorry for the long post.

  3. Clearly, there is a lack of a basic understanding of economics. It is not up to the company to decide what to pay its workers. If companies were able to decide how much to pay their workers then why wouldn't they pay everyone minimum wage? Why choose to pay $10 or $14 when they could pay $7? The answer is that companies DO NOT decide how much to pay workers. It is the market that dictates what a worker is worth and how much they should get paid. If Lowe's chooses to pay a call center worker $7 an hour it will not be able to hire anyone for the job, because all those people will work for someone else paying the market rate of $10-$14 an hour. This forces Lowes to pay its workers that much. Not because it wants to pay them that much out of the goodness of their heart, but because it has to pay them that much in order to stay competitive and attract good workers.

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  5. It is sad to see these races not have a full attendance. The Indy Car races are so much more exciting than Nascar. It seems to me the commenters here are still a little upset with Tony George from a move he made 20 years ago. It was his decision to make, not yours. He lost his position over it. But I believe the problem in all pro sports is the escalating price of admission. In todays economy, people have to pay much more for food and gas. The average fan cannot attend many events anymore. It's gotten priced out of most peoples budgets.

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