May 22, 2013
Associated PressExecutive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory are seeking
more than $600,000 in deferred wages.
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May 22, 2013
Associated PressThe decision to close the Elkhart factory comes two weeks after Allied Specialty Vehicles bought SJC Industries. Production
will be moved to a Florida factory in the coming months.
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May 20, 2013
IBJ Staff and Associated PressGreenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the
construction loan.
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May 17, 2013
J.K. WallRoche Diagnostics Corp. is considering a sale of its blood-glucose meter business, a move that would cast uncertainty over
the nearly 1,000 people working for its diabetes business in Indianapolis.
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May 17, 2013
Associated PressAllied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near
Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.
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May 16, 2013
Associated PressL&E Engineering Co. officials say the company will spend $3.7 million to expand its Greenwood factory and add about 40
employees.
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May 15, 2013
IBJ StaffHartmann USA said Wednesday that it will move the Bloomington operations to its U.S. headquarters in Rock Hill, S.C., where
it plans an $18 million expansion.
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May 13, 2013
IBJ StaffCNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million
expansion in Lebanon.
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May 11, 2013
Dan HumanAfter Google cracked down on some of the tools companies were using to improve their positions in search results, Indianapolis-based
Slingshot SEO opted to launch a sister brand called Digital Relevance that will focus on earning media attention.
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May 11, 2013
The change to the Expedient moniker is not expected to affect the center's 40 employees and 300 customers.
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May 10, 2013
Mason KingFounded in 2007 by Purdue University students, Weeks Communications has established a new headquarters in Broad Ripple and
plans to invest $4.1 million as it aggressively hires new employees.
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May 8, 2013
IBJ Staff, Associated PressThe Japanese car maker already employs about 3,600 people at the plant and builds the Legacy and Outback cars and the Tribeca
SUV. With the new investment, it will boost capacity by 100,000 cars and begin making the Impreza.
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May 7, 2013
IBJ Staff and Associated PressSubaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed
on the matter says.
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May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
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May 4, 2013
Dan HumanTwelve lucky entrepreneurs chosen from hundreds of applicants will spend two months this summer in a luxury facility working
on bringing new business ideas to market.
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April 30, 2013
Mason KingIndianapolis manufacturing operations will provide cutting-edge engines for the latest generation of helicopter drones to
be used by the U.S. Navy.
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April 30, 2013
Mason KingThe shutdown is the latest in a recent string of layoffs and closures by the global company in its Indiana operations.
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April 30, 2013
IBJ StaffThe Indiana-based engine maker announced a larger-than-expected drop in quarterly profit Tuesday morning, as revenue fell
12 percent on weak demand for its products in domestic and international markets.
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April 29, 2013
Associated PressHostess Brands LLC said Monday that it will open bakeries in Indiana and Illinois, following announcements last week that
it will reopen bakeries in Georgia and Kansas in its effort to bring back some of its snack brands.
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April 27, 2013
Dan HumanGetting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough
in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a
revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.
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April 25, 2013
Mason King, Bloomberg NewsRecord sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences
LLC in its new fiscal year.
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April 20, 2013
IBJ StaffBidPal picked up two awards at TechPoint's annual event, which drew 1,000 to the JW Marriott downtown Saturday night.
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April 19, 2013
IBJ StaffMembers of the management team are in negotiations to buy the West Lafayette-based furniture maker, which recently moved to
delist from the New York Stock Exchange.
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April 18, 2013
Associated PressGrand Design RV in Middlebury on Thursday said it plans to locate its headquarters and manufacturing operations in the Elkhart
County town about 30 miles east of South Bend.
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April 18, 2013
IBJ StaffThe pharmaceutical firm has $400 million in projects in the works for its facilities south of downtown. City officials have
advanced its request for tax breaks to a public hearing and final consideration May 1.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.