News & Analysis

Community Health plans $12M east-side medical complex

January 17, 2011
Construction is set to begin soon on Community Health Pavilion, a three-story, 55,000-square-foot medical building to be built on six acres at 7910 E. Washington St.
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Ambulance manufacturing plant in northern Indiana closing

January 17, 2011
Medtec Ambulance Corp. has notified state officials it will close its plant in Goshen on March 31 as part of a reorganization that will move operations to Bradenton, Fla., costing 150 workers their jobs.
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Humvee maker cutting 300 jobs at Indiana factory

January 17, 2011
Associated Press
AM General plans to lay off 300 workers from the Mishawaka factory that makes Humvees for the military.
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Indiana senator set to propose lower corporate tax

January 17, 2011
 IBJ Staff and Associated Press
Republican Sen. Brandt Hershman of Lafayette, who chairs the Senate Tax Committee, says Indiana's corporate income tax is seen as a hindrance to job creation.
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Pence urged to enter presidential race in 2012

January 17, 2011
Associated Press
An independent campaign to draw GOP Rep. Mike Pence into the 2012 presidential race is under way, with a veteran of the Reagan White House launching a petition drive on Monday urging him to enter the primary contests.
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Reports say Indiana townships inefficient

January 16, 2011
Associated Press
New investigations reported in Indiana newspapers say there are widespread patterns of inefficiency in the government of the state's 1,008 townships.
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IU students find niche in battle against high textbook prices

January 15, 2011
Associated Press
Online business expands to universities in Florida and Texas.
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Tight supply of used vehicles drives up valuesRestricted Content

January 15, 2011
Chris O'Malley
Used-car prices are on the rise. Last month, the average used-car transaction was for $19,345 vs. $16,586 a year earlier, according to Edmunds.com. Last year, used-vehicle prices generally were 10 percent to 15 percent higher than in 2009.
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WellPoint headquarters snags $42M

January 15, 2011
Cory Schouten
Massachusetts-based Franklin Street Properties acquired the Monument Circle headquarters of insurance giant WellPoint Inc. late in 2010 for $42 million—a rich $196 per square foot—from an affiliate of locally based HDG Mansur.
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Can video games be good for your health?

January 15, 2011
J.K. Wall
Local companies are embedding stealthy video messages for high school and college students.
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By wide margin, Anthem still city's largest insurerRestricted Content

January 15, 2011
Scott Olson
Anthem Blue Cross and Blue Shield's share of the Indianapolis area has leveled off, even though it still insures more than half the commercial market—or three times as much as its nearest competitor.
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LAMKIN: Health care reform is opportunity to reorganize servicesRestricted Content

January 15, 2011
Ned Lamkin
Indiana should take advantage of the opportunity to build a comprehensive exchange.
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Brizzi filed for OmniSource forfeiture

January 15, 2011
Cory Schouten
Former Marion County Prosecutor Carl Brizzi blasted metal-recycling giant OmniSource in a court filing in his last week in office, asking a judge to force the company to forfeit all five of its Indianapolis scrap yards and a foundry facility in Hendricks County.
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New IU football coach Wilson is focus of marketing blitzRestricted Content

January 15, 2011
Anthony Schoettle
Indiana University has undertaken a multi-pronged media initiative to make Kevin Wilson, its new head football coach, a household name statewide.
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Parking key issue in Rolls-Royce's possible downtown move

January 15, 2011
Francesca Jarosz
Rolls-Royce Corp.’s decision whether to move about 2,500 office employees to a former Eli Lilly and Co. downtown campus could hinge on three critical factors—parking, incentives and lease terms for the space.
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Universal curbside recycling program looks iffyRestricted Content

January 15, 2011
Francesca Jarosz
Finding a way to cover the cost of expanding the program with revenue from sales of recycled goods such as aluminum, plastic and glass has proved tough, even as commodities prices rise with the improving economy.
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Hoosier State Press Association revamps co-op advertisingRestricted Content

January 15, 2011
Kathleen McLaughlin
The press association hired a former marketing director for Columbus-based Home News Enterprises in late 2009 to spearhead the service.
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FedEx fights to overturn jury's $66M award to ATARestricted Content

January 15, 2011
Greg Andrews
ATA charged in the two-year-old breach-of-contract suit that FedEx’s unexpected decision in January 2008 to drop it as a military-charter partner forced it into bankruptcy liquidation that spring.
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Indiana businessman agrees to $3M fraud settlement

January 14, 2011
 IBJ Staff and Associated Press
Indiana businessman Lowell Hancher has agreed to pay $3 million and never run a public company again to settle allegations by regulators that he carried out three separate fraud schemes over 5 years.
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Bill seeks to boost investment credit, startups

January 14, 2011
Scott Olson
The legislation, assigned to a committee on Wednesday, would increase the maximum for venture capital tax credits from $500,000 to $1 million, helping high-potential startups attract outside funding.
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Peace gardens slated for downtown

January 14, 2011
Kathleen McLaughlin
The Indianapolis Cultural Trail being built through the heart of downtown will include sculptural gardens dedicated to Martin Luther King Jr. and Abraham Lincoln, an extension of the $2 million Glick Peace Walk.
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Newspaper chain expanding in Fishers

January 14, 2011
Anthony Schoettle
Current Publications is exhibiting growth seldom seen in the newspaper industry these days. Four years after launching, the company is preparing to debut its fourth weekly newspaper in Hamilton County on Jan. 25.
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Endocyte prices IPO stock

January 14, 2011
J.K. Wall
The West Lafayette-based drug development firm intends to sell 6.15 million shares for $13 to $15 apiece. That would fetch $80 million to $92 million.
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IUPUI's Bantz passed over for UMass president's job

January 13, 2011
 IBJ Staff and Associated Press
The University of Massachusetts Board of Trustees on Thursday tapped Robert Caret to lead the the five-campus UMass system, choosing him over IUPUI Chancellor Charles Bantz and Philip Clay, chancellor of the Massachusetts Institute of Technology.
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Emmis surges as industry anticipates radio sale

January 13, 2011
J.K. Wall
Emmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares gained another 13 percent on Thursday.
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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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