Private Companies

Health care firm plans to create 114 jobs

June 1, 2010
SynCare LLC's expansion hinges on city approval of property tax abatement. The Metropolitan Development Commission is set to vote on the request Wednesday.
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Health care tech firm Gemms adding 69 jobs

April 20, 2010
 IBJ Staff
Carmel-based electronic medical records developer Gemms Inc. plans to invest $2.1 million to expand its headquarters and software development operations here, more than doubling its staff in the next five years.
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Longtime F.C. Tucker president retiring

March 23, 2010
Scott Olson
Fred Tucker, who has led F.C. Tucker Co. since 1986, will leave the company April 1 and hand the reins to business partner H. James Litten.
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Fishers video software developer adding 49 jobs

March 9, 2010
 IBJ Staff
Fishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many as 49 new jobs by 2013.
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Logistics firm s2f investing $10.8M in Plainfield facility

March 8, 2010
 IBJ Staff
Startup logistics firm s2f worldwide LLC will invest $10.8 million to set up its headquarters and distribution center in Plainfield, creating 250 jobs by 2013, state economic development officials said early Monday.
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Vortek Surgical moving HQ to Brownsburg, adding 60 jobs

February 18, 2010
 IBJ Staff
Indianapolis-based Vortek Surgical LLC will relocate to Brownsburg, expanding its headquarters, manufacturing and distribution operations and creating more than 60 jobs in the next three years.
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Development firm Sandor leaving midtown for CarmelRestricted Content

February 13, 2010
Cory Schouten
Strip-center owner and developer Sandor Development Co. is moving its headquarters to Hamilton County after almost 50 years in Indianapolis.
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Local investment firm sold

February 12, 2010
Indianapolis-based Redwood Investment Advisers Ltd. has been purchased by a firm in Portland, Ore. Redwood, whose clients include physicians and physician groups, has $350 million in assets under management.
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World Media Group to expand Indianapolis operations

February 11, 2010
 IBJ Staff
Multimedia products maker World Media Group Inc. will invest more than $2 million to expand its manufacturing operations on the east side of Indianapolis, increasing its workforce by 20 percent.
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ExactTarget reports record annual results

February 9, 2010
Anthony Schoettle
Locally based e-mail marketing firm opens London office, adds big-name clients and secures $145 million in venture capital.
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Lender alleges Lauth insiders backdated loan documents

January 16, 2010
Cory Schouten
The largest creditor for Lauth Group Inc. has asked a bankruptcy judge to appoint a trustee after evidence in a related case suggested Lauth insiders may have backdated documents to thwart creditors.
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Stout's Shoes still in step after 123 years

December 12, 2009
Brock Benefiel
After more than a century in business, Indianapolis-based Stout’s Footwear Co. isn’t just surviving. It also is proceeding with plans to open a store next year on the city’s north side.
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Grain Dealers finalizes affiliation with Florida firm

December 1, 2009
Scott Olson
Indianapolis-based Grain Dealers Mutual Insurance Co., one of the largest property-casualty insurers in the state, has closed on a deal to became part of The Main Street America Group, the Jacksonville, Fla.-based company said Tuesday morning.
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Anderson gas-station chain sues BP after 32-store deal sours

October 31, 2009
Peter Schnitzler
Ricker Oil's Oct. 22 suit claims British petroleum giant BP is charging unjustified royalty fees while delivering no boost from its national advertising, its proprietary IT system or its bulk purchase pricing.
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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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University Loft plans 30 jobs in Greenfield

August 28, 2009
 IBJ Staff
Indianapolis-based University Loft Co. expects to add 30 full-time jobs at its Greenfield manufacturing facility thanks to a federal pact with the U.S. Marine Corps. The company recently was awarded a multi-million-dollar contract to supply metal furniture for the Marine Corps’ Camp Lejeune base in North Carolina.
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Local contractor Enterprise acquires Freije

August 28, 2009
 IBJ Staff
Indianapolis-based Enterprise Electrical & Mechanical Co. has acquired The Freije Company, a 50-year-old local firm that specializes in refrigeration-systems design, installation and service.
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Lilly software spinoff Maaguzi sells for $11 millionRestricted Content

August 3, 2009
Chris O'Malley
Investors in a company built around clinical research software bought from Eli Lilly and Co. have found their exit, though it’s far from the lucrative payoff they’d once imagined.
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Potential obesity breakthrough boosts Marcadia

July 20, 2009
J.K. Wall
Favorable article in prestigious journal could draw attention to Carmel biotech startup.
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Supermarket shuffle at Conseco FieldhouseRestricted Content

July 20, 2009
Anthony Schoettle
Marketers and grocery store insiders say The Kroger Co.'s recently announced deal to partner with the Indiana Pacers and Indiana Fever isn't just another sponsorship agreement.
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Lauth's lawyers raking in big fees in bankruptcy reorganizationRestricted Content

July 20, 2009
Cory Schouten
Developer Lauth Group Inc. is sparing no expense on attorneys in the Chapter 11 reorganization of key subsidiaries. The company has hired two of the nation’s most prominent bankruptcy and restructuring specialists to handle the cases, and the bill for the first month easily will exceed $1 million.
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MainGate takes on VikingsRestricted Content

July 13, 2009
 IBJ Staff
Indianapolis-based merchandiser MainGate Inc. continues scoring deals with National Football League teams. On July 7, company officials announced they had signed a 10-year deal to be the exclusive retail and merchandising company for the Minnesota Vikings.
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Indianapolis benefits firms merge

July 8, 2009
J.K. Wall
Two Indianapolis benefits consulting firms have finalized their merger, the companies announced this morning. Terms of the deal between Benefit Associates Inc. and Benefit Consultants Inc., in the works since March, were not disclosed.
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Carmel tech firm takes coupons into digital eraRestricted Content

July 6, 2009
Chris O'Malley
Carmel-based mobile marketer Tetherball has deployed a program using a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
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Boomtown on hold: Recession delays Honda's full impact on GreensburgRestricted Content

June 22, 2009
Kathleen McLaughlin
Jobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development remains scarce. But local officials remain optimistic about Honda's long-term impact.
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  1. Yes sir keep cashing those 300K a year checks direct to IMS, while millions disappear from the teams like Rahal's. Guess there wasn't enough ka- ching going around to keep Sarah Fisher in business without their "merger". LOL._____.Meanwhile back in Realville the series with the "best racing in the world" drew what appeared to be about 5000 live spectators ( and probably 1500 of those Target "freebies", and was beaten in the ratings by a series that reportedly consists of "parades" and aired while most people are still sleeping. That will generate those big ka-chings for sure. :-). But, hey, as long as the Speedway gets the cash who gives a damn about the teams?

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  3. If I could actually get the prices...I would do this on my own. We need laws that force provides to publish the costs they will charge. Everyone else gives you the price in advance...except hospitals.

  4. I was under the impression that fencing is not allowed on a front yard and that on a corner, both sides are considered "front" yards, therefore can't be fenced without a variance. Also impedes the visibility for drivers at the intersection. Am I understanding this correctly? Might be why a fence was not included in the plans and a request for a variance will have to be made?.

  5. I was a big fan of Cowards and Carrots, which I got a chance to see at the show. It's currently on Kickstarter, but the designer also put out What's He Building in There last year, which got a fair amount of buzz.

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