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News & Analysis
Animation firm recognized for children's book
May 18, 2013
The youthful animators at The Basement have won the Independent Publisher’s Book Awards’ silver award for their
first children’s e-book, “Every Walrus Can Fly.”
MoreINDOT will build interchange at U.S. 31 and S.R. 28
May 18, 2013
Indiana is upgrading and bypassing congested sections of U.S. 31 near Kokomo, South Bend and Indianapolis. When completed,
the projects are expected to remove 32 stoplights from the route, cutting a half hour off travel time.
MoreCenterfield rounds up $171M for new fund
May 18, 2013
Dan HumanAn Indianapolis private investment firm has raised one of the largest-ever funds in the state. Centerfield Capital Partners
pulled in $171 million that it plans to invest in about 20 companies. Its two previous funds totaled $60 million and $116
million.
MoreWISH-TV rakes in bucks with city's only locally produced lifestyle show
May 18, 2013
Chris O'Malley"Indy Style"--an hour’s worth of TV programming on everything from recipes to music to fitness to screen-door-repair
tips--fills its show with guests who are a combination of invited guests, sponsors and one-time-only advertisers.
MoreGreenwood, Whiteland try to spur, shape growth
May 18, 2013
Kathleen McLaughlinTwo Johnson County communities are determined to capture—and control—the next wave of suburban growth.
MoreUnion looks to settle with workers over right-to-work issue
May 17, 2013
Kathleen McLaughlinA local union charged with violating Indiana’s right-to-work law is hoping to settle with six workers who say their
dues were improperly collected.
MoreDuke's CFO heading to Chicago real estate firm
May 17, 2013
IBJ StaffChristie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during
the recession and economic recovery.
MoreIndiana withdraws support for fertilizer plant
May 17, 2013
Associated PressState officials have withdrawn incentives for a fertilizer plant over concerns about whether its Pakistan-based owners are
doing enough at their overseas operations to keep the potentially explosive material from being used against U.S. troops.
MoreExactTarget confirms Atlanta expansion
May 17, 2013
Dan HumanIndianapolis-based digital marketer ExactTarget Inc. plans to add 225 jobs over the next five years in Georgia.
MoreReport: Roche mulls sale of blood-glucose monitor business
May 17, 2013
J.K. WallRoche Diagnostics Corp. is considering a sale of its blood-glucose meter business, a move that would cast uncertainty over
the nearly 1,000 people working for its diabetes business in Indianapolis.
MoreIndiana adds jobs; unemployment rate slips
May 17, 2013
Indiana added 4,400 nonfarm jobs in April and the unemployment rate fell slightly, to 8.5 percent, the Indiana Department
of Workforce Development reported Friday morning.
MoreRiver protest set for proposed central Indiana reservoir
May 17, 2013
Associated PressOrganizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness
of the amount of land that would disappear if the reservoir is built.
MoreNew owner shutting down 520-worker Indiana plant
May 17, 2013
Associated PressAllied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near
Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.
MoreAirport considers more parking changes
May 17, 2013
Kathleen McLaughlinIndianapolis International Airport plans to tweak another parking area, this time designating 260 spaces closest to the terminal
for people who intend to spend a short time inside.
MoreCritical questions follow reviewer's departure from Indy Star
May 17, 2013
Lou HarryThe state's largest newspaper is mum on whether reviews will continue after the Friday resignation of its fine arts critic.
Arts organizations are taking a wait-and-see attitude.
MorePANEL: Life sciences will see radically different future
May 17, 2013
IBJ convened a panel of experts at its Life Sciences Power Breakfast on May 10 to talk about the industry issues
of venture capital, digital health innovations and research university entrepreneurship.
MorePanel members included Kristin Eilenberg, CEO, Lodestone Logic, Infuse Accelerator; Philip S. Low, Purdue University professor of chemistry, founder and chief science officer at Endocyte Inc. and On Target Laboratories LLC; R. Matthew Neff, president, CHV Capital Inc.; Brian Stemme, project director; BioCrossroads; Brian S. Williams, director, Global Healthcare Strategy, PricewaterhouseCoopers International Ltd.; and Raul Zaveleta, CEO, Indigo BioSystems Inc.
The following is an unedited transcript of the discussion.
Canada’s Supreme Court won’t hear Lilly appeal on Zyprexa
May 16, 2013
Bloomberg NewsEli Lilly claims recent decisions by Canadian courts invalidating 17 drug patents have made the country an outlier among major
developed countries.
MoreCourt upholds Indiana's limit on civil damages
May 16, 2013
Associated PressThe Indiana Supreme Court has upheld the state law limiting punitive damages awarded in civil lawsuits and directs most of
that money to a state victims fund.
MoreHerff Jones acquisition to form $1B company
May 16, 2013
Mason KingDallas-based BSN Sports will join the Herff Jones portfolio of companies and continue to operate as its own branded entity.
Combined annual revenue is expected to top $1 billion.
MoreWestfield Farmers Market pulls plug on 2013 season
May 16, 2013
Andrea Muirragui DavisOrganizers at the not-for-profit Downtown Westfield Association on Wednesday said the open-air market near City Hall will
not operate this year. It had been scheduled for Friday evenings from June to September.
MoreWorkers allege improper collection of union dues
May 16, 2013
Kathleen McLaughlinThe Indianapolis operations of a Canadian paper company and a Teamsters-affiliated local union violated Indiana’s right-to-work
law, according to the allegations of six men who want out of the union.
MoreDowntown Lilly building fetches $90 million
May 16, 2013
Scott OlsonAmerican Realty Capital, a real estate investment firm based in New York City, bought the building on South Meridian Street
occupied by Rolls Royce Corp. Lilly vacated the facility in 2010.
MoreTruck stop mogul says he didn't know of fuel-rebate issues
May 16, 2013
Kathleen McLaughlinIn a speech in Indianapolis, embattled truck stop CEO and Cleveland Browns owner James Haslam took the blame for a lack of
oversight in his fuel-sales rebate program, which is the subject of a federal investigation.
MoreAerospace company plans central Indiana factory expansion
May 16, 2013
Associated PressL&E Engineering Co. officials say the company will spend $3.7 million to expand its Greenwood factory and add about 40
employees.
MoreTop Indiana wind farm drafts bat-protection plan
May 15, 2013
Associated PressThe operators of Indiana's largest wind farm are proposing changing the nighttime operations of the farm's 300-plus
wind turbines to protect endangered Indiana bats from being killed by the turbines' spinning blades.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.