Greenwood biotech firm’s assets to hit auction block
The remnants of ill-fated Elona Biotechnologies Inc. will be auctioned on Sept. 27, presenting a rare turnkey opportunity for entrepreneurs interested in jumping into the life sciences industry.
IBJ Staff
Articles
Hauke fraud victims to get $1M in initial restitution
Former money manager Keenan Hauke was sentenced in July 2012 to 10 years in federal prison after pleading guilty to running a Ponzi scheme that defrauded 67 investors of $7.1 million. Even more victims have emerged since the sentencing.
Local manufacturer to be acquired for $41 million
United Kingdom-based Meggitt PLC plans to acquire Piezotech LLC, a manufacturer founded in Indianapolis in 1967, for $41.2 million, the companies announced Wednesday.
PROXY CORNER: Allison Transmission Holdings Inc.
Allison Transmission Holdings Inc. designs and manufactures commercial and military fully automatic transmissions and hybrid-propulsion systems for transit buses. The company also sells replacement parts, support equipment and other service products.
Health firm plans move to Carmel, adding 675 jobs
American Specialty Health, a California-based provider of wellness programs, plans to lease about 90,000 square feet of office space in Carmel and open its new headquarters next June.
EDITORIAL: Find a long-term fix
Mayor Ballard’s support for the $6 million World Sports Park on the far-east side has become a rallying point for critics of his spending priorities. They say the money would be better spent chipping away at the city’s huge infrastructure needs. We think they’re missing the point on a couple of fronts.
Wynkoop is top-selling local real estate agent
Scott Wynkoop placed first for a second year in a row in IBJ’s annual list of All-Star Agents. Wynkoop sold $56.9 million worth of homes in 2011 and 2012, up from the $45.7 million he sold in 2010 and 2011.
SEC charges Noblesville man in $6M investment scheme
John K. Marcum, 49, portrayed himself as a trader and asset manager to raise more than $6 million from at least 37 investors in six states through his company, Guaranty Reserves Trust, the SEC alleges.
Indy IT firm planning to add up to 400 workers
Knowledge Services, founded by CEO Julie Bielawski in 1994, has been one of the city’s fastest-growing companies in recent years.
EDITORIAL: Time for an upgrade
Though far from shabby, Circle Centre is looking a little long in the tooth two years shy of its 20th birthday.
NFP of NOTE: Camptown Inc.
Camptown Inc. challenges, mentors and teaches at-risk youth about life through outdoor adventure and nature programs that help build confidence, character and hope.
Language Training Center plans expansion
Indianapolis-based Language Training Center Inc. plans a $1.5 million expansion that will lead to the hiring of 26 more employees by 2017, the company announced Thursday.
Recycling group’s leader changes mind about leaving
The Indiana Recycling Coalition said Executive Director Carey Hamilton, who announced she was leaving earlier this month, would remain with the organization in a restructured role.
Cummins plans to add 500 jobs for Nissan engine
Cummins said the 5-liter, V-8 turbo diesel will be built in Indiana at the company's historic plant in downtown Columbus, creating up to 500 jobs over the next several years. About 300 people currently work on the V-8 program.
Cummins to announce engine contract, more jobs
Columbus-based Cummins Inc. plans to announce Tuesday afternoon an agreement with Nissan Motor Co. to supply diesel engines for Titan pickup trucks.