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Zimmer looks to China to reignite growth
December 22, 2010
J.K. WallZimmer Holdings Inc. completed an acquisition in China on Tuesday, but recession hangovers in the United States and Europe
are trumping all other factors and keeping the company’s growth bottled up for now.
MoreIU locating art and design center in Columbus
December 20, 2010
Associated PressIU President Michael McRobbie says the school wanted to locate the center in Columbus to take advantage of the Indiana city's
unique architecture and commitment to the arts.
MoreAbound Solar completes financing for Tipton plant
December 15, 2010
IBJ Staff and Bloomberg NewsCompany closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it
wants to hire as many as 1,000 workers. The plant was acquired for $25 million.
MoreBiomet owners look to arrange $11B marriage
December 15, 2010
J.K. WallWarsaw-based Biomet Inc. could get a whole lot bigger if rumors prove true that its owners have made a bid for U.K.-based
rival Smith & Nephew plc.
MoreChrysler to invest another $85M in Kokomo plant
December 14, 2010
Associated PressChrysler Group LLC said Tuesday it plans to invest an additional $85 million in its Kokomo transmission plant. The money is
in addition to the recently announced $1.2 billion investment in other facilities in the north-central Indiana city.
MoreTJX closing South Bend facility, cutting 725 jobs
December 14, 2010
IBJ StaffMore than 700 workers will lose their jobs when an A.J. Wright distribution center in South Bend closes next year as part
of as a national consolidation by parent TJX Cos.
MoreIU's health care budget could be $25 million short
December 11, 2010
Associated PressIndiana University's board of trustees has learned that the school's health care budget is $24.9 million short of projected
expenses in 2011-12.
MoreClarian Health looks to scoop up White County hospital
December 9, 2010
J.K. WallThe Indianapolis-based hospital system’s board of directors could vote to acquire the 25-bed hospital as early as next
week, but might put off a decision till February.
MoreRefinancing boosts Bioanalytical Systems
December 8, 2010
J.K. WallShares of the West Lafayette-based pharmaceutical-services firm soared after it wriggled out from under a $1.3 million loan
that was due in February.
MorePrintpack closing 230-worker Greensburg plant
November 18, 2010
IBJ StaffMore than 200 workers will lose their jobs when packaging materials maker Printpack Inc. will close its Greensburg plant early
next year, the company said in a notice filed this week with the state Department of Workforce Development.
MoreIrwin Financial trustee poised to sue insiders
November 13, 2010
Greg AndrewsCourt papers reveal officers and directors of the holding company for the failed Columbus-based bank will soon be defendants
in a $40 million suit.
MoreManufacturer plans to hire 40 in Portland
November 2, 2010
Fort Recovery Industries Inc., an Ohio-based aluminum and zinc die cast hardware manufacturer, said it plans to create the
jobs by locating a manufacturing plant in the northeastern Indiana city.
MoreFormer IU tech-transfer chief: State isn't competitive enough
October 30, 2010
Norm HeikensMark Long was president of the Indiana University Research & Technology Corp., which was responsible for the university’s
tech transfer, before launching a consulting firm, Long Performance Advisors, in 2008.
MoreSallie Mae consolidation bringing 350 jobs to Indiana
October 29, 2010
IBJ Staff and Associated PressStudent-loan giant Sallie Mae will consolidate operations in Indiana as part of a company-wide restructuring, creating about
350 jobs at its existing facilities in Fishers and Muncie.
MoreRushville broadband firm sued by companies it acquired
October 26, 2010
Scott OlsonOmnicity Corp. is named in three lawsuits brought by owners of companies the firm bought who say they've not been paid the
entire purchase price. All told, they claim they're owed more than $1.2 million.
MoreGerman American Bancorp acquires Bank of Evansville
October 5, 2010
American Community Bancorp Inc.'s subsidiary bank, Bank of Evansville, will become part of Jasper-based German American Bancorp
Inc. in a deal valued at nearly $30 million.
MoreHeightened competition puts mayors on hot seat
October 2, 2010
Norm HeikensElected officials are struggling to know how to respond to the weak economy and constituent demands for jobs.
MoreIndiana University aims to raise $5B in a decade
September 29, 2010
IBJ Staff and Associated PressIndiana University President Michael McRobbie says the university is in "constant campaign mode," and private philanthropy
is vital for enhancing student financial aid, endowed faculty chairs, specialized buildings and academic initiatives.
MoreReopening set for Moscow covered bridge
September 23, 2010
IBJ Staff and Associated PressOrganizers are planning a weekend ceremony to dedicate a rebuilt covered bridge in central Indiana that was destroyed by a
tornado more than two years ago.
MoreKokomo firm taps state tax credits to make animated film
August 31, 2010
IBJ StaffKokomo-based Bach Morris Technologies Corp. will spend $2.4 million to produce “Whoever Heard of a Herd of Fird?”
a movie based on company co-founder Othello Bach’s 1984 best-seller “Whoever Heard of a Fird?” A Ball State
University commercial spinoff will provide production and design services.
MoreIndiana universities nearly double research spending
August 28, 2010
J.K. WallIn the last 10 years, Indiana’s major research universities—Indiana and Purdue—have nearly doubled their
science-based research budgets, to a total of $895 million. Yet Indiana’s public universities still run in the middle
of the pack nationally.
MoreKirr Marbach & Co. mutual fund among nation's best performers
August 21, 2010
Among value funds that include companies of varying sizes, the performance of the Kirr Marbach Partners Value Fund ranks No.
2 out of 357 similar funds.
MoreSenator asks Zimmer for info about product complaints
July 31, 2010
Bloomberg NewsInquiry stemmed from an article in the New York Times about a dispute between the Warsaw-based maker of artificial
hip and knee joints and two of its consultants.
MoreKokomo GM plant 'assessing' business operations
July 28, 2010
IBJ Staff and Associated PressGM spokesman Kevin Nadrowski says officials at the Kokomo Integrated Circuit Fab plant met with 375 workers Wednesday to
say they're "assessing the business model at the plant based on recent business developments."
MoreOld National improves second-quarter performance
July 26, 2010
The Evansville-based bank reported a 9-percent increase in second-quarter profit, helped by a continued reduction in non-interest
expenses and growth in commercial loan and business checking account activity.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.