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Regional News
Area home sales, prices still falling
August 11, 2009
IBJ StaffHome-sale agreements in the nine-county Indianapolis area dropped 3.1 percent in July over the same month a year ago, according
to a report released yesterday by F.C. Tucker Co.
MoreVet supplier promises 30 jobs in Whitestown
August 11, 2009
IBJ StaffIdaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
MoreUnion sues Conseco over restatement
August 10, 2009
J.K. WallCarmel-based Conseco Inc. faces a shareholder lawsuit by a union pension fund over an earnings restatement the company made
18 months ago.
MoreCarmel tech staffing firm Sales Diesel closes
August 10, 2009
IBJ StaffSales Diesel, a Carmel company that provided salespeople for technology companies, appears to be out of business. The firm’s
Web site was taken down last week and calls to its 11590 N. Meridian St. offices were not returned.
MoreBrownsburg car detailer lands link to upcoming movie
August 10, 2009
IBJ StaffMike Shumaker's Brownsburg firm Driven Auto Detail spiffed up a Porsche for the upcoming movie "Whistleblower," starring Matt
Damon.
MoreHamilton County Alliance spins off entrepreneurial center
August 10, 2009
IBJ StaffThe Hamilton County Alliance economic development group has spun off its Entrepreneurship Advancement Center, which serves
fast-growing startup businesses in Carmel, Fishers, Noblesville, Westfield and the rest of Hamilton County.
MoreIrwin Financial narrows losses, continues restructuring
August 5, 2009
Scott OlsonIrwin Financial Corp. narrowed its losses in the second quarter, as the company continued to restructure or face the possible
suspension of its business.
MoreSmall town, budget hotels hold own in difficult economy
August 3, 2009
Anthony SchoettleWhile the local hotel industry is being rocked by the current economy, budget hotels and those in the small towns surrounding
Indianapolis are actually seeing gains. Properties affected by the Indianapolis 500, Brickyard 400 and Big Ten Tournament
are among the losers.
MoreHarbour Trees Golf Club sells hole sponsorships to raise cash
August 3, 2009
Anthony SchoettleAt a time when most central Indiana golf courses are hurting for income, Harbour Trees Golf Club is getting a windfall
from a unique revenue source.
MoreBarter network Tradebank opens branch in Indianapolis
August 3, 2009
IBJ StaffThe barter network Tradebank has opened a franchise in Indianapolis with two veterans from Louisville.
MoreNew Franklin College office to help not-for-profits recruit volunteers
August 3, 2009
IBJ StaffFranklin College has a new office that helps Johnson County not-for-profits develop Web sites and recruit volunteers. The
Nonprofit Resource Center was sparked in part by the lack of volunteer coordination during the summer floods of
2008.
MoreMuncie manufacturer Duffy calling it quits
July 30, 2009
Duffy Tool & Stamping LLC in Muncie has notified the Indiana Department of Workforce Development
that the company will close its plant by the end of October. Roughly 130 workers will lose their jobs as a result
of the closure, Duffy said in its July 27 filing.
MoreCarbon Motors chooses Connersville
July 29, 2009
IBJ StaffCarbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
MoreUPDATE: Carbon Motors chooses Indiana
July 29, 2009
Carbon Motors this morning officially selected Connersville for its proposed headquarters and
manufacturing operations.
MoreCarbon Motors has chosen Indiana, official says
July 29, 2009
Scott OlsonA rally this morning in Connersville originally intended to help persuade a police car manufacturer
to locate a major factory there appears to be a celebration party.
MoreCarmel's Dormir raises $12M from VC firms
July 29, 2009
J.K. WallCarmel-based Dormir Inc., which operates sleep study centers and sleep equipment stores around the country, raised $12 million
in venture capital from three out-of-state firms.
MoreCandle company cooks up products with a 'green' twist
July 27, 2009
Kim PuckettAfter working in retail management for four years, Rich and Jodi Scheve decided to take business into their own hands—and
their own garage. Passing on business plans for Subway and South Bend Chocolate Co. franchises, the couple
skirted heavy franchise fees and started Twisted Wick Candle Co.
MoreBanks building new branches despite online age
July 27, 2009
Marc D. AllanBank transaction counts—the number of people going into banks to make a deposit, cash a check or
conduct some other form of business—have declined in recent years with the increased popularity
of direct deposit, online banking and easy ATM accessibility. So why add branches?
MoreBattered manufacturing towns hungry for food processors
July 27, 2009
Kathleen McLaughlinEconomic development officials like the stability of the food business, though wages typically are mediocre.
MoreWestfield moves ahead with sports facility plan
July 21, 2009
IBJ StaffA study commission has concluded that a major development involving a new youth-sports complex would be viable for Westfield,
the city announced this morning.
MoreCarmel grapples with rec center finances
July 20, 2009
A new business plan is in the works for the high-end Monon Center in Carmel.
MoreA taste of summer: CPA spends summers as ice cream man
July 20, 2009
Riya V. AnandwalaCertified public accountant Dave Norris bought a 1976 Good Humor truck and started his family-owned U Want Ice Cream mobile
route in 2007, aiming to make a personal connection with people—along with
a little extra money.
MoreConnersville a finalist for police-cruiser plant
July 15, 2009
IBJ StaffConnersville is among three finalists in the running to produce a new police cruiser that runs on clean diesel and biodiesel
technology.
MoreGreater Indianapolis YMCA has $30M in projects planned
July 13, 2009
Kathleen McLaughlinIt takes a map of the entire metro area to show all the projects the YMCA of Greater Indianapolis has on its drawing board.
The $30 million plan calls for building two brand-new facilities, one in Avon and one in Pike Township; expanding
the Fishers YMCA; and building a new outdoor pool in Lawrence.
MoreConseco reinsurance deal swaps profits for cash
July 13, 2009
IBJ StaffCarmel-based Conseco Inc., still a bit strapped for cash, brought in a reinsurance company to shoulder some of the risk
of its life insurance policies. Minnesota-based Wilton Reassurance Co. will pay $57.5 million to Conseco as a ceding
commission to co-insure and administer 104,000 policies held by Conseco subsidiaries.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.