Area home-construction permits rise in August
Home-construction permits in the Indianapolis metropolitan area climbed 23 percent in August thanks to a surge of activity in suburban counties.
IBJ Staff
Articles
Health regulatory leaders ready to flock to city
The top event for regulatory professionals in the health care industry is headed to Indianapolis next month. The annual conference of the Regulatory Affairs Professionals Society, or RAPS, is expected to draw thousands of members representing 120 companies and organizations.
Judge approves legal fees in Fair Finance case
The amount paid to lawyers so far nearly accounts for the entire $1.8 million that a Fair Finance trustee has recovered so far for investors of the Akron, Ohio-based company led by indicted financier Tim Durham.
Local distributor HP Products acquires St. Louis company
Indianapolis-based HP Products Corp. has acquired Renard Paper Co., a 58-year-old distributor of commercial-cleaning, paper and food-service products, based in the St. Louis area.
Home-sale agreements rise in Indianapolis area
Pending home sales in the nine-county metropolitan area climbed 7 percent in August compared with the same month a year ago, marking the fourth straight month of year-over-year increases.
Rail firm says it won’t reach 650-jobs goal in Muncie
Progress Rail Services, which said last October that it would create up to 650 jobs in Muncie by 2012, now expects to employ just 250 people at the plant by the end of next year, according to a magazine.
Judge denies ex-Countrymark CEO’s release from prison
David Swanson had requested to be let out of prison until an appeals court hears his case for early release later this month. He’s serving a 12-year sentence for wire fraud, money laundering and tax evasion.
Speedway leader named CEO of Hulman & Co.
Directors appointed Jeffrey G. Belskus president and CEO of the Terre Haute-based company effective Oct. 1. Hulman & Co. is the family owned firm that oversees the Indianapolis Motor Speedway and IndyCar Series, as well as Clabber Girl Baking Powder and other holdings.
Hurco shares jump on profitable quarter
Computerized machine tool maker Hurco Cos. Inc. on Friday announced its third consecutive quarterly profit, helped in part by its best sales performance ever in Asia.
Trailer manufacturer adding 200 jobs in northeastern Indiana
Howe-based Cruiser RV LLC will begin hiring this month as part of an $850,000 expansion to add a new production line in nearby LaGrange.
EDITORIAL: City should plan for what comes after demolition
The city of Indianapolis is launching a $20 million war on abandoned houses without a plan for dealing with the properties after the wrecking-ball dust has settled.
Indiana gives grants to convert fleets to alternative fuels
The Office of Energy Development is dispensing grants of up to $500,000 to help private- and public-sector organizations convert their vehicles.
TechPoint adds to Indiana Entrepreneur Bootcamp
Annual program put on in conjunction with Ice Miller law firm will offer more workshops on business fundamentals.
Indians continue string of attendance increases
For the season, the city’s minor-league baseball team drew 580,082 fans to Victory Field over 71 home dates. The franchise has posted year-over-year attendance increases in four of the last five seasons.
IndyCar’s first Baltimore race outpaces crowd estimate
The three-day drew 150,000, about 50,000 more than organizers had hoped.
Indiana Live to get federal hearing on tax matter
Shelbyville racetrack and casino could save millions if it successfully contests the way Indiana interprets state tax law.
Civic debuts to new but eager audience in Carmel
The not-for-profit musical theater company has grown its subscriber base and raised $2.6 million toward a $10 million goal, Executive Director Cheri Dick said.
Medical manufacturer plans Fishers expansion
Tridien Medical, a Coral Springs, Fla.-based manufacturer of therapeutic support surfaces, plans to expand its plant in Fishers, adding up to 40 new jobs by 2013, including 25 in the next year.