Regional News

First Financial gets sweet deal on Irwin Financial's bank assetsRestricted Content

October 24, 2009
Greg Andrews
It’s good to be among the favored few, those blessed by the Federal Deposit Insurance Corp. to scoop up the remnants of failed banks. Because it was on the FDIC list of approved buyers, Cincinnati-based First Financial Bancorp was able to acquire Columbus, Ind.-based Irwin Financial Corp.’s banking operations under terms that would make any deal-maker proud.
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Public transportation entities in Indianapolis region might be reorganizedRestricted Content

October 24, 2009
Chris O'Malley
The Central Indiana Regional Transportation Authority, IndyGo and other Indianapolis-area transit groups are the subject of a study that could result in them being reorganized.
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Cook Group Inc. owner says health reform's tax on medical devices could kill jobs

October 24, 2009
 IBJ Staff
Bloomington-based Cook Group Inc. might have to cut as many as 1,000 local jobs if Congress enacts a tax on medical devices to pay for health care reform, company founder Bill Cook said in an interview.
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Gas City dealer offers electric versions of Cadillacs, HummersRestricted Content

October 24, 2009
Chris O'Malley
Of all the inappropriate postmarks for the largest distributor of plug-in electric vehicles in Indiana, Gas City, about an hour north of Indianapolis, takes the prize. But Steve Mitchell, proprietor of Electric Cars and Carts, figures he’s in the right place as far as business prospects go. Despite a stalled economy, Mitchell’s electric vehicle sales are up 35 percent over the same month last year.
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Cook: Tax could kill 1,000 jobs in Bloomington

October 21, 2009
J.K. Wall
Bloomington-based Cook Group Inc. could find itself cutting as many as 1,000 local jobs if Congress enacts a tax on medical devices to pay for health care reform, company founder Bill Cook said in an interview.
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German company to buy Eli Lilly's Lafayette plantRestricted Content

October 17, 2009
J.K. Wall
Eli Lilly and Co. will sell its manufacturing plant in Lafayette to a German company in its first major move toward reducing its work force by 5,500 employees and cutting its operating expenses by $1 billion.
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Carmel entrepreneurs with ties to ExactTarget hope SmartFile outshines competitorsRestricted Content

October 17, 2009
Chris O'Malley
File-hosting firm is launching new security software that could set it apart in a crowded field.
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Virginia homebuilder enters market

October 17, 2009
 IBJ Staff
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder CP Morgan Communities.
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Bloomington mayor to roll out chain-store ordinance for downtown

October 17, 2009
Kathleen McLaughlin
Bloomington Mayor Mark Kruzan believes this beloved college town loses a bit of its identity every time a national chain sets up shop.
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Area building permits fall for 23rd straight month

October 16, 2009
The number of building permits issued in the nine-county Indianapolis area fell 20 percent in September from the same time last year, marking 23 consecutive months of declines.
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Fishers water park developer hopeful despite setback

October 15, 2009
Scott Olson
The developer of a proposed hotel and water park in Fishers remains optimistic the project will get finished, despite the latest setback delaying the start of construction by at least two years.
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Proposed Fishers medical park faces uncertain demandRestricted Content

October 10, 2009
Scott Olson
The business park would encompass about 900 acres on the town’s northeast side and require rezoning of much of the land, from residential and agriculture to commercial.
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'Godfather' game-maker sued over 'Dillinger Tommy Gun'

October 10, 2009
 IBJ Staff
The Mooresville-based company that owns John Dillinger’s publicity rights has made an “offer” of sorts that the Godfather can’t refuse.
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Cabela's puts Greenwood property up for sale

October 7, 2009
Cabela's is selling the land on which it had planned to build a store in Greenwood.
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Ivy Tech building new campus in Anderson

October 7, 2009
 IBJ Staff and Associated Press
Ivy Tech Community College will build a $20 million campus along Interstate 69 in Anderson, school and city officials announced Tuesday.
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Fishers officials propose huge medical park

October 5, 2009
 IBJ Staff
Fishers development officials anticipate unveiling plans for a huge medical business park near Interstate 69's Exit 10 Wednesday night at the town's regular council meeting.
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Carmel performing arts center betting big on fund raisingRestricted Content

October 3, 2009
Kathleen McLaughlin
Carmel’s $137 million performing arts center is still a year from completion, but Executive Director Steven Libman already is pounding the pavement for donations.
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Carmel man's coupon app for iPhone grabbing Yowza responseRestricted Content

October 3, 2009
Marc D. Allan
A Carmel software developer's app has gotten a lift from a Hollywood actor's unrelenting promotion.
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American Water wants to raise rates

October 3, 2009
 IBJ Staff
The Indiana Office of Utility Consumer Counselor is seeking public input on a proposed rate hike by American Water Inc., which has 283,000 customers in the state, including in Noblesville and Greenwood.
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SEC fines former CFO of American Commercial Lines

October 3, 2009
 IBJ Staff
Christopher A. Black, a former investment banker in Indianapolis and former chief financial officer of Jeffersonville-based river barge transportation firm American Commercial Lines Inc., has agreed to pay a $25,000 fine to settle a Securities and Exchange Commission investigation.
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Connersville progresses on Carbon Motors deal

October 2, 2009
Kathleen McLaughlin
Connersville Mayor Leonard Urban says the city soon will clear legal and environmental hurdles that stand in the way of Carbon Motors’ launching its operations in the former Visteon plant.
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Indiana hospitals settle Medicare lawsuit

September 30, 2009
 IBJ Staff
Six hospital systems, including three in Indiana, have agreed to pay the federal government $8.3 million to settle a whistleblower lawsuit alleging the hospitals deliberately overcharged Medicare for routine back surgeries.
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Carmel officials confirm Feinstein appointment

September 28, 2009
Kathleen McLaughlin
Singer Michael Feinstein will make as much as $400,000 in a single year to serve as artistic director of the Regional Performing Arts Center that’s still under construction in Carmel, officials confirmed this morning.
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Elwood rock store expands inventoryRestricted Content

September 26, 2009
Marc D. Allan
Spencer Lapidary expands offerings to include stained glass and silver.
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Pennsylvania city not giving up Harley without a fightRestricted Content

September 26, 2009
Kathleen McLaughlin
The motorcycle manufacturer is considering a Shelby County site at the same time that it's pushing for concessions from the union in York, Pa.
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  1. OK Larry, let's sign Lance, shore up the PG and let's get to the finals.

  2. A couple of issues need some clarification especially since my name was on the list. I am not sure how this information was obtained and from where. For me, the amount was incorrect to begin with and the money does not come to me personally. I am guessing that the names listed are the Principal Investigators (individual responsible for the conduct of the trail) for the different pharmaceutical trials and not the entity which receives the checks. In my case, I participate in Phase II and Phase III trials which are required for new drug development. Your article should differentiate the amount of money received for consulting, for speaking fees, and for conduct of a clinical trial for new drug development. The lumping of all of these categories may give the reader a false impression of physicians just trying to get rich. The Sunshine Law may help to differentiate these categories in the future. The public should be aware that the Clinical Trial Industry could be a real economic driver for Indiana since these revenues supports jobs and new job creation. Nationally, this account for 10-20 billion which our State is missing out on to a large degree. Yes, new drug and technology development has gotten most of the attention (e.g. CTSI, BioCrossroads, etc.) However, serious money is being left on the table by not participating in the clinical trials to get those new drugs and medical devices on the market!!!! I guess that this is not sexy enough for academia.

  3. The address given for the Goldfish Swim Club is the Ace Hardware, is it closing?

  4. Out of state management and ownership. If Kite controlled it, everything would be leased. Of course, due to the roundabout, there is limited access to the south side of 116th now also. Just have to go down to the light.

  5. Hey smudge, You're opposed to arresting people for minor crimes? Sounds great! We should only focus on murders and such, right? Let's stand around and wait until someone shoots someone before we act. Whatever we do, we should never question anyone, frisk anyone, or arrest anyone unless they are actively engaged in shooting or stabbing. Very sound!

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