A rise in large orders enabled the business-communications software firm to more than double profit to more than $10.4 million in the fourth quarter. Revenue leaped 41 percent, to $50.7 million.
Event-planning powerhouse VMS Inc. plans to invest more than $1.5 million to expand its Indianapolis life sciences marketing operation and create as many as 102 jobs over the next four years, state officials said Friday morning.
It isn’t difficult to understand why state Sen. Mike Delph wants to force school districts to start their academic years after Labor Day; what’s perplexing is why Delph would want to slap a restriction on districts at a time they need more freedom to manage their own affairs.
Owner John Pearson recently purchased the parts business of Paul Harvey Ford, which is ceasing operations after more than 44 years.
Indianapolis-based Just Pop In signed a multiyear deal with the racing series.
The former station vice president was hired in June 2010 to replace the late Jim Tellus.
The Afghanistan Ministry of Higher Education is trying to build up the country’s higher education system after more than 30 years of near constant warfare.
Price resigned as president of Indiana Construction Roundtable and Metro Indianapolis Coalition for Construction Safety.
The Chicago-based Joyce Foundation has granted $50,000 to support the Central Indiana Community Foundation’s ongoing outreach efforts surrounding the controversial sculpture.
Trusted Mentors uses the power of mentoring to help adults establish stable lives by reducing the chaos brought about by poverty, homelessness, under-employment, and the effects of incarceration.
Aero Engine Controls plans to invest as much as $8.5 million to expand its operations near Indianapolis International Airport, adding up to 159 jobs over the next two years.
Caterpillar Logistics Inc. plans to permanently lay off 84 employees from a facility in Greenfield, where it handles distribution services for Irwin Industrial Tools.
The Indianapolis-based trucking company reported revenue of $133.1 million, up 4.6 percent from the same quarter of 2009. Profit rose to $2.9 million from $1 million.
The decline marks the third straight month that Indiana’s unemployment rate has fallen, but private-sector jobs actually dropped in December.
John H. Johnson has been hired as CEO by East Brunswick, N.J.-based biotechnology company Savient Pharmaceuticals Inc.
Hoosier Village Retirement Center in Zionsville announced plans Monday morning for a $32 million project that will expand its campus and allow the center to add 50 full-time workers.
For the Kentucky Derby, the Indianapolis-based retail and merchandising firm is providing licensed goods, handling official off-site retail locations and launching a new e-commerce website.
Hearthside Food Solutions says it will invest $3.8 million to expand its operations and hire new workers. The company bakes snack foods for such brands as Keebler, Nabisco and Kraft.
