IBJ Staff
Articles
EDITORIAL: Online retailers should pay sales tax
Retailers and shopping center owners are right in crusading for a level playing field in taxation. It isn’t fair that most online retailers don’t charge sales taxes, while traditional retailers in Indiana must tack on 7 percent.
Local GM stamping plant layoffs to begin next month
It’s official: General Motors will begin shutting down its Indianapolis metal-stamping plant Jan. 28, with an initial wave of layoffs that will cost 75 workers their jobs.
Ice Miller elects new chief managing partner
Phillip L. Bayt assumes leadership of the firm, which also elected two new deputy managing partners. Bayt currently chairs Ice Miller’s real estate practice.
Local coatings company plans expansion, 50 hires
Locally based KECO Engineered Coatings Inc. has acquired a second location in Indianapolis where it plans to invest $1 million and hire 50 employees by 2013, the company announced Thursday morning.
2010 CFO of the Year
IBJ's CFO of the Year program recognizes top financial leaders at Indiana companies, not-for-profit agencies and government entities.
Online Transport buys Frontier assets from Toronto firm
Greenfield trucking company buys 794 trailers from Toronto-based Vitran Corp. for about $5 million to bolster operations.
Kite plans to raise $65 million in stock offering
The Indianapolis-based real estate investment trust said it will sell 2.6 million shares of preferred stock at $25 each to repay debt, purchase property and use for general corporate purposes.
Marion County GOP chairman stepping down
Tom John will resign as chairman of the Marion County Republican Party once a new chairman is elected, he announced in a letter sent to Republican party members.
Anderson loses out on Bright Automotive tech center
Upstart hybrid vehicle maker plans to locate tech center in Rochester Hills, Mich. About 200 jobs and an $11 million investment were at stake.
WRTV names new general manager
Larry Blackerby, a 30-year television veteran, has been picked to replace long-time WRTV-TV General Manager Donald Lundy, parent company McGraw-Hill Broadcasting announced Tuesday.
$26.8M military deal revs local Rolls-Royce operation
Rolls-Royce Corp.’s Indianapolis operations continue to cash in on military contracts, scoring a $26.8 million deal to provide 12 spare engines for the Osprey tilt-rotor aircraft.
Logistics provider moves to city’s northwest side
FitzMark Inc. relocates to space on Zionsville Road to accommodate growth, much of it resulting from the launch of an online subsidiary called FreightCity Inc.
IU fires football coach Lynch after four seasons
Lynch concluded his last game as coach Saturday, when the Hoosiers won at Purdue for the first time since 1996.
2010 Holiday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
EDITORIAL: Statewide smoking ban is overdue
The scientific evidence has been there for years. The financial argument is easy to make. Yet the idea of protecting the public from the potentially deadly effects of secondhand smoke hasn’t caught fire in the halls of power—at least that’s been the case in Indiana.
PROXY CORNER: Emmis Communications Corp.
Indianapolis-based Emmis Communications Corp. owns radio stations and magazines. For the six months ended Aug. 31, the company reported a net loss of $6.3 million, or 17 cents a share, on revenue of $127 million.
Research panel calls for more rigorous traffic safety
National group led by Indiana University professor says U.S. progress doesn’t stack up well against European counterparts.
Big Ten likely to move football championship from Indy
Commissioner Jim Delany said it’s likely other cities in Big Ten states will host the game after first championship in 2011.