Regional News

IU football gains ground as sports program nears financial crossroads

September 4, 2010
Anthony Schoettle
Under Athletic Director Fred Glass, attendance and optimism are on the rise at Indiana University. Soon, he'll have to decide whether spending millions more on Indiana football is worth the risk.
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Estridge drops Westfield sports complex, still plans stadium

September 3, 2010
Scott Olson, Cory Schouten
The Estridge Cos. has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development in Westfield.
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Eateries cash in on TV appearance

September 2, 2010
Scott Olson
Owners of Edwards Drive In and Bub's Burgers & Ice Cream say they've experienced a large uptick in business after being featured last month on the Travel Channel's popular "Man v. Food" show. Now Indianapolis' Flying Cupcake and West Coast Tacos are hoping for their time in the spotlight, too.
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Logistics firm plans 100-plus jobs in Greenwood

September 2, 2010
Associated Press
Caterpillar Logistics will lease at least half of a 668,000-square-foot warehouse that has been empty since it was built four years ago.
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Family of woman killed by falling bottled-water pallets files suit

August 31, 2010
Cory Schouten
The estate of a woman killed when pallets of bottled water fell on her at a Kroger store in Franklin is suing the bottler, suggesting a new eco-friendly bottle design may have contributed to the accident.
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Kokomo firm taps state tax credits to make animated film

August 31, 2010
 IBJ Staff
Kokomo-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.
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Couple makes home in Ulen mansion built by town's founderRestricted Content

August 28, 2010
Katie Maurer
The talk of the town back in 1929, the Mediterranean-style house at 118 Ulen Blvd. is now simply home for husband and wife Gary Katona and Jennifer Jones-Katona, former Indianapolis city dwellers who retreated to the quiet "town within a town" 15 years ago.
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Indiana universities nearly double research spendingRestricted Content

August 28, 2010
J.K. Wall
In 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.
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Bid deadline looms for former Hilbert mansion

August 27, 2010
The 25,000-square-foot mansion once owned by Conseco Inc. founder Stephen Hilbert was listed five years ago at $20 million—and about half that in recent months. Now the property is being sold in a sealed-bid auction, and offers are due Friday.
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Time running out for suburban bus service

August 26, 2010
Chris O'Malley
Transportation planners are scrambling to find federal funds to help pay for the popular commuter routes from downtown Indianapolis to Fishers and Carmel.
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Remy rides home new contract from electric motorcycle maker

August 25, 2010
 IBJ Staff
MotoCzysz sees the Remy motor as part of an electric motorcycle-based drive system—tailored to automobiles. The companies collaborated on the winning electric bike at Isle of Man race.
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Industrial market shows strength but faces challenges

August 24, 2010
Tom Harton
About 2.5 million square feet of industrial space is expected to hit the market between now and the end of the year, most of it in the Plainfield area.
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Kirr 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.
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Colts see record crowds at training camp in Anderson

August 21, 2010
 IBJ Staff
Anderson University officials said 85,300 fans turned out at the 18-day camp, almost four times the number that attended camp last year in Terre Haute.
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Hamilton County woman pleads guilty to securities fraud

August 19, 2010
Dorothy Geisler-Tragardh, who had been a partner in a clean-coal energy company called Praxis Resource Partners LLC, was accused of running a stock-sale scheme in which she took nearly $2 million from investors.
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Colts camp draws record crowd by wide margin

August 18, 2010
Anthony Schoettle
Almost four times as many fans showed up at the Indianapolis Colts' training camp at Anderson University than did last year in Terre Haute.
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Cancer drug developer Endocyte files for IPO

August 18, 2010
Scott Olson
The company, headquartered at Purdue Research Park, said the number of shares to be offered and their price range have yet to be determined.
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Purdue aims to boost solar progressRestricted Content

August 14, 2010
Kathleen McLaughlin
Purdue University will join the quest for cheap solar-generated electricity with an initiative aimed at speeding up research across the industry. The Network for Photovoltaic Technology will launch this fall, focused on creating computer models to eliminate costly and slow trial-and-error research in the solar industry.
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Schrenker to plead guilty to securities fraud

August 12, 2010
 IBJ Staff and Associated Press
A former money manager convicted of trying to fake his own death in a Florida plane crash last year has agreed to plead guilty to securities fraud charges in Indiana. Marcus Schrenker would face 10 years in prison.
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Fish sculpture poached from iconic IU fountain

August 12, 2010
Associated Press
A bronze fish that is part of the Bloomington campus's Showalter Fountain is missing just a year after it was replaced following an absence of more than 20 years.
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Remy to supply motors for all-electric Equinox

August 10, 2010
Chris O'Malley
Remy International on Tuesday signed a contract with Cincinnati-based Advanced Mechanical Products Inc. to supply motors for an all-electric version of the Chevrolet Equinox.
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Noblesville's Sagamore golf club emerges from the rough

August 7, 2010
Anthony Schoettle
The once ballyhooed Jack Nicklaus-designed course near State Road 37 and 166th Street was perilously near bankruptcy just a year ago.
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Linking Indianapolis-area bus systems becoming priority for plannersRestricted Content

August 7, 2010
Chris O'Malley
Connecting rural bus systems with one another and with IndyGo must happen before commuter rail becomes a reality.
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Ford dealer celebrates 50-year milestoneRestricted Content

August 7, 2010
Chris O'Malley
This month, Pearson Ford, 10650 N. Michigan Road, is celebrating a rare thing among car dealers: its 50th birthday.
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Summer is key time for those who raise Christmas trees

August 7, 2010
Joe Jasinski
Christmas and July harmonize like a blizzard on Independence Day, but the summer months are perhaps the most vital for Tom Dull and his wife, Kerry, who raise 23,000 Christmas trees on their peaceful farm in Thorntown.
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  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

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