Indiana deals ranged upward of $800 million
Mergers and acquisitions in 2011 ranged from WellPoint’s acquisition of CareMore to a trucking company merger.
IBJ Staff
Articles
East-side biz incubator target of foreclosure
Wells Fargo Bank claims in a lawsuit that Indianapolis Enterprise Center LLC defaulted on a $3.1 million loan. The bank wants the center’s property sold to help satisfy the debt.
City set to cancel tax abatement for medical device firm
Polymer Technology Systems said in 2007 that it would make a $3 million investment at its operation on Zionsville Road and create 110 jobs.
Colts release Caldwell as coach after 2-14 season
Coach Jim Caldwell became the Indianapolis Colts' third high-profile dismissal in an offseason purge, getting fired Tuesday after producing the franchise's worst record in two decades.
Indianapolis-area home sales close year on the rise
Home-sale agreements increased 7.9 percent in the nine-county Indianapolis area in December, helping the region eke out an annual gain of less than 1 percent.
City boosts 2011 convention sales 13 percent
The Indianapolis Convention & Visitors Association booked nearly 735,000 hotel room nights in 2011 for conventions and meetings.
Hurco reports fourth straight quarterly profit
Strong sales in North America and Europe helped the Indianapolis-based machine-tool maker.
Angie’s List sues rival, accuses it of stealing data
The Indianapolis-based ratings service alleges that principals of Click and Improve Inc. secretly joined Angie’s List then illegally harvested more than 24,000 proprietary files.
Vanpool commuter service expands, gets cars off the road
The latest route launched by Central Indiana Commuter Services runs from Carmel to Kokomo.
Indians sign deal to air all 72 home games on TV
Deal with WRTV-Channel 6 will provide most extensive coverage in franchise history.
Calumet Specialty Products buys synthetic lubricant business
The purchase included 22 acres of land and a factory in Louisiana, Mo.
Anderson has new economic development chief
Returning mayor hires consultant who once worked for the city.
EDITORIAL: Democrats’ right-to-work wrangling pointless
Democratic lawmakers need to come to grips with this reality: The Republicans have the votes to pass right-to-work this session. It’s going to happen. Stop whining about it and staging walkouts, and get on with the work you’re paid to do.
NFP of NOTE: Central Indiana Affiliate of Susan G. Komen for the Cure
The mission of the Central Indiana Affiliate of Susan G. Komen for the Cure is to save lives and end breast cancer forever by empowering people, ensuring quality care for all, and energizing science to find the cures.
Anderson University passes $110M campaign goal
The campaign launched in 2006 by the private Christian university raised $113 million. Funds will help support academic programs and scholarships, in addition to operational needs.
Local commercial real estate market a little healthier
Last year wasn’t a great one for the Indianapolis-area commercial real estate market, but it wasn’t a particularly bad one, either, according to a report by Cassidy Turley to be released Thursday.
Former Hoosier sentenced in Florida Ponzi case
Developer Sydney “Jack” Williams received one year in prison and a $25,000 fine for failing to report millions of dollars he received in commissions related to a Florida investment scheme.
Klipsch wins restraining order vs. alleged counterfeiters
The order enables the Indianapolis speaker maker to disable the websites where the suspected knockoffs are sold and allows it to restrain the funds of the accused.