Georgia manufacturer plans to close Plainfield facility
Southwire Co. LLC plans to shut down its customer service center in Plainfield by mid-year, putting 50 employees out of work.
IBJ Staff
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Health plan provider to cut most of its workforce
Advantage Health Solutions Inc., which was was placed under the supervision of the Indiana Department of Insurance in November, plans to part ways with most of its workers, the Indianapolis-based company said Friday in a notice to the state.
New tourism strategy generates $35M for Hamilton County
Hamilton County Tourism Inc. last year changed its marketing strategy by targeting the Chicago area only and in the fall, rather than several cities in the spring and summer. Now leaders say it paid off. The campaign resulted in $156 in visitor spending for every $1 invested, according to Strategic Marketing & Research Insights. Hamilton […]
Hendricks County travel website gets recognition
Visit Hendricks County was the only travel website in Indiana honored by the Web Marketing Association.
IMA in full bloom with orchids
An expansive display of orchids will open Feb. 19 at the Indianapolis Museum of Art’s Madeline F. Elder Greenhouse.
French Lick golf superintendent scores award for Pete Dye course
The Pete Dye-designed course at the French Lick Resort opened in 2008. (Photo courtesy of French Lick Resort) Russ Apple, head superintendent of the Pete Dye Course at French Lick Resort, was honored by the Tri-State Golf Course Superintendents Association as 2015 superintendent of the year. The tri-state group, which includes Indiana, Illinois and Kentucky, […]
EDITORIAL: Pence off course with roads-funding plan
The governor has floated a misguided, $1 billion plan that relies on appropriating $150 million more per year, borrowing $240 million and spending down the state’s fiscal reserves by a similar amount.
HHGregg reports 11 percent drop in quarterly sales
Sales were down again, as expected, but the electronics and appliance retailer saw a smaller loss in the latest quarter thanks to cost savings.
Indianapolis Airport Authority names Flynn president
The Indianapolis Airport Authority said Wednesday that real estate exec Kelly J. Flynn has been elected president of the authority's board, succeeding Mike Wells.
Celadon misses profit expectations despite higher revenue
Celadon CEO Paul Will said quarterly earnings were hurt by $1.2 million in expenses related to the company’s acquisition of Tango Transport during the quarter.
Duke Realty reports higher quarterly, annual profit
The Indianapolis-based real estate developer turned a profit to end 2015 after reporting a loss in the fourth quarter of the previous year.
Tex-Mex restaurant coming to Indiana Avenue
Corner Cantina is set to open Thursday in the Indiana Avenue building last occupied by New Orleans on the Avenue.
Hoosier Brewing Co. plans move to Franklin, expansion
A Shelby County brewing company and restaurant plans to move its business to Johnson County after receiving financial assistance from the Franklin Development Commission.
UPDATE: Abercrombie & Fitch closes most Indiana stores as sales drag
Struggling retailer Abercrombie & Fitch has closed four of its five stores in Indiana, including Indianapolis locations at Circle Centre and the Fashion Mall at Keystone.
Dental claims processor plans to add more than 150 workers
Renaissance Electronic Services said it will invest $14.9 to expand five existing Indianapolis facilities and a new location in the former Gerdt Furniture store in Southport.
Carmel financial adviser found guilty of fraud
Prosecutors said Jamie C. Lopez used money from the retirement accounts of his victims to buy automobiles, make mortgage payments and pay for home landscaping.
PROXY CORNER: Vera Bradley Inc.
Roanoke-based Vera Bradley Inc. designs and sells handbags, luggage, travel items, eyewear, stationary and other products through 2,700 specialty retail locations, as well as through department stores, websites and other channels.
Lack of disclosed price kept many deals off list
Below are Indianapolis-area mergers and acquisitions that closed in 2015 for which financial details were not available. The list excludes the most-talked-about deal of the year—Indianapolis-based Anthem Inc.’s proposed $54 billion purchase of Connecticut-based Cigna Corp. That’s because the acquisition, announced in July, isn’t expected to close until the second half of 2016. Also pending […]
Emmis settles lawsuit with radio personality ‘Big Boy’
Indianapolis-based media company Emmis Communications Corp. has settled a breach-of-contract lawsuit it filed in February against popular Los Angeles radio personality Kurt Alexander, better known as “Big Boy.”