Report: Allison may raise up to $1B in IPO
The Indianapolis company, the world's largest maker of commercial transmissions, may go public in the third quarter, Reuters reported.
IBJ Staff
Articles
First Internet Bancorp reports record annual profit
The parent of First Internet Bank earned $4.9 million in 2010 compared with a loss of $2.1 million the previous year.
Barnes & Thornburg expands into Los Angeles
The opening of an office on the West Coast continues the Indianapolis-based law firm’s expansion into other major markets.
TechPoint adds two categories to Mira Awards
The group plans to honor young professionals and clean technology/energy innovation endeavors.
Indy Chamber rolls out app
The MyChamberApp works with the usual suspects, such as the iPhone, iPod, Android and Blackberry.
Global logistics firm to sponsor Andretti Autosport
Florida-based DHL Express signed a multi-year deal with the IndyCar team owned by Michael Andretti.
Allison to sponsor Sarah Fisher Racing
The Speedway-based transmission company will be an associate sponsor of the team’s entry in the 100th-anniversary Indy 500.
Indianapolis halts work on blighted historic building
The owner of the 1880 building located at 42 E. Washington St. was cited for doing unapproved work to the facade.
EDITORIAL: Don’t put reins on horse industry
The current draft of the state budget calls for redirecting most of the money that has gone to horse racing to the general fund instead. The industry would receive $27 million in the next fiscal year, down from $60 million this year.
NFP of NOTE: Joy’s House
Joy’s House is committed to supporting families by providing exceptional adult day service.
Indiana home sales and prices rise in January
The median sale price of homes across the state rose to $100,000 during January, up 5 percent when compared to the same month last year.
Midway Produce acquired by U.S. Foodservice
Founded in 1999, Indianapolis-based Midway Produce mostly distributes produce to restaurants, health care facilities and schools throughout central Indiana.
Countertop maker to close Shelbyville plant
Iowa-based VT Industries will close its countertop manufacturing plant in Shelbyville and move the work to a new facility in Maryland, the company said Friday.
Degree in clean energy to be offered at IUPUI
The bachelor’s in energy engineering and technology is believed to be one of only a handful of such programs offered around the country.
Marriott signs multi-year deal to sponsor USA Football
The giant hotel chain is now the official hotel of the Indianapolis-based sports governing body.
EDITORIAL: Legislators need to create jobs, not kill them
Sadly, a legislative body supposedly focused on job creation continues to willfully disregard the advice of the very business community that is expected to create those jobs.
Near-east-side business district gets new tenant—a yoga studio
The budding commercial district, dubbed 10 East Main Street, landed Metta Yoga at 2807 E. 10th St.