Bloomington limestone firm to close, lay off 166
An 88-year-old Indiana company that supplied limestone to many of the country’s most important buildings is going out of business.
IBJ Staff
Articles
Danville to channel TV’s Mayberry during 2-day festival
Hendricks County will serve up a heaping helping of nostalgia this spring with a festival devoted to “The Andy Griffith Show.”
Big Ten men’s basketball tourney already sold out
The tournament is returning to downtown’s Bankers Life Fieldhouse after being played at the United Center in Chicago a year ago. It will be the ninth time Indianapolis has hosted the tournament in the event's 16-year history.
HEALTH CARE
Shares of Eli Lilly and Co. rose as much as 4.6 percent on Feb. 19 after the Indianapolis-based drugmaker revealed that an experimental drug boosted overall survival among lung cancer patients in a large Phase 3 trial. When ramucirumab was applied to non-small-cell lung cancer, along with a traditional chemotherapy drug, it showed a statistically […]
GOVERNMENT
Marion County’s WorkOne agency is looking for employers to partner in a $1.5 million training program that’s focused on downtown and surrounding neighborhoods. The money comes from the downtown tax-increment-financing district as a result of a political compromise over its expansion. In 2012, Democratic City-County Councilors Vop Osili and Joe Simpson agreed to push through […]
NFP of NOTE: Day Nursery Association of Indiana
Day Nursery Association of Indiana works to assure the highest level of early-childhood education for children in central Indiana, regardless of family income.
EDITORIAL: Push electric deregulation
Gov. Pence is smart to begin studying electric utility deregulation, and his trademark cautious, collaborative style could help the state avoid creating more problems than any reform he proposes might solve.
Julian Center hires not-for-profit vet as leader
The Julian Center Inc. has hired Catherine O’Connor as president and CEO, the domestic-violence shelter announced Thursday.
New Jersey firm pays $30.2M for Plainfield warehouse
Chambers Street Properties purchased the 622,440-square-foot distribution center completed early last year. Hartz Pet Products occupies the entire space.
Calumet shares skid on big fourth-quarter loss
The Indianapolis-based processor of crude oil blamed its loss on tighter profit margins and higher operating costs. It has been on an acquisition spree since 2011.
Dunham’s $30M expansion in Marion to create 135 jobs
The sporting good retailer, which has more than 200 stores in 17 states, will consolidate distribution into a new, 735,000-square-foot building.
Repairs to begin Wednesday on Assembly Hall
Indiana University officials expect to know by noon whether regularly scheduled games still will be held in the arena. A large piece of metal fell from the ceiling into the stands on Tuesday, but officials believe it was an isolated incident.
Republic on board with 4-year contract for pilots
Republic Airways Holdings Inc. on Friday announced that it has reached a tentative agreement on a contract with the union that represents more than 2,200 of it pilots.
Allison Transmission finishes lackluster year with bang
Allison Transmission Holdings Inc. kicked its fourth quarter into overdrive with a 70-percent increase in profit over the same quarter in 2012, the firm reported Thursday. But profit for the year was down significantly.
EDITORIAL: Don’t isolate heart of criminal justice
Most everyone agrees that a core function of government is justice—to accurately determine guilt or innocence of the accused and to carry out appropriate punishment.
Auto industry strength boosts Indiana’s outlook
Economists at BMO Harris Bank are projecting “above average” growth for Indiana this year, citing a stronger auto sector and a healthier housing outlook.
Home starts flat in frigid January
Homebuilders filed roughly the same number of building permits in central Indiana last month, 300, that they did in January 2013. The severe winter weather has kept builders at bay, the Builders Association of Greater Indianapolis said.