Evans to lead AIT again as CEO leaves company
Ron Thieme, who took over as president and CEO of AIT Laboratories during a management shakeup earlier this year, is leaving the company, the Indianapolis-based firm announced Monday morning.
IBJ Staff
Articles
Area home-sale deals rise for 17th straight month
Home-sale agreements in the nine-county Indianapolis area rose 3.8 percent in September, the 17th consecutive month of improvement in sales contracts.
Democrat-controlled committee OKs tapping CIB for $15M
The plan—opposed by Republican Mayor Greg Ballard and members of the CIB—now advances to the City-County Council.
ExactTarget buys interactive marketing firms for $116M
The newly public tech company said it paid $95.5 million for Atlanta-based Pardot LLC and $21 million for Indianapolis-based iGoDigital.
Communications firm Metronet plants flag in Indy area
The Evansville company plans to install more than 200 miles of fiber-optic lines in Franklin.
Indiana Rail Road plans to speed up trains, and traffic, in Bloomington
Track and crossing upgrades will allow Hoosier transportation company to reduce wait times for cars.
Banks’ market rankings stable despite deposit shifts
BMO Harris and PNC lost some deposits, but the biggest local banks by market share remained the same.
Rolls-Royce opens Indy service center
The aviation supplier’s first defense operations center in the United States is at its Meridian Street complex downtown.
Toyota supplier plans 116 jobs in Hancock County
Japan-based Tsuda Industries Co. Ltd. plans to spend $56.2 million to build a facility at Mount Comfort Air Park East, which should create 116 jobs by 2016, the company said Thursday.
EDITORIAL: City waterways plan awash in promise
It’s invigorating to see the big potential of grass-roots economic development efforts. Take, for example, the Reconnecting to Our Waterways initiative, a mammoth plan to use six waterways in the city to attract investment and improve the neighborhoods that surround them.
PROXY CORNER: Celadon Group Inc.
Indianapolis-based Celadon Group Inc. is a trucking company that provides long-haul, full-truckload freight service through Canada, the United States and Mexico.
Emmis’ quarterly profit rises on sale of station
Much of Emmis’ profit stemmed from the Aug. 23 sale of KXOS-FM in Los Angeles for $85.5 million, from which the company reported a gain from discontinued operations of $32.8 million.
State to beef up busy south-side interchange
State highway officials are accepting public comments through Monday on the most recent design tweaks for a $45 million reconstruction of the busy interchange at interstates 65 and 465 south of Indianapolis.
Metro-area building permits rise in September
Home builders in the Indianapolis area filed 339 permits in September, bringing the total to 3,191 through the first nine months, an 11-percent increase from the same period last year.
Steak n Shake opening in United Arab Emirates
The Indianapolis-based restaurant chain struck a deal to open 40 locations starting next year in the Middle Eastern country, its first venture outside the United States.
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Local furniture maker acquires northern Indiana company
Facility Concepts Inc.’s purchase of Classico Seating in Peru, Ind., gives the manufacturer of restaurant furniture about 100 employees and 250,000 square feet of manufacturing space.
Hostess to cut wages for Indiana bakers in labor deal
Hostess Brands Inc., the maker of Twinkies and Wonderbread, has received the go-ahead from a U.S. bankruptcy court judge to lower wages for thousands of bakery workers, affecting more than 400 employees in Indiana.