Articles

Area home sales still falling

Home-sale agreements in the nine-county area fell 23 percent in August. The decline marked the fourth straight month home sales have fallen in central Indiana.

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Hurco reports smaller loss on higher revenue

The Indianapolis-based machine tool maker said the increase in sales primarily was driven by increased demand for computerized metal cutting machines, particularly in the Asia Pacific region.

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EDITORIAL: University research funding is on right path

Indiana’s public universities aren’t garnering enough research funding, and the research they’re conducting isn’t churning out high-paying jobs in quantities everyone would like, but Hoosiers shouldn’t be wringing their hands in despair.

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Indianapolis software firm RealMed acquired

Health care software firm RealMed Corp. will keep its base of operations in Indianapolis after being acquired by health information exchange provider Availity LLC of Jacksonville, Fla. Terms of the deal announced Wednesday were not disclosed.

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Local venture capital firm launches investment arm

Heron Capital Equity Partners seeks to invest $1 million to $10 million in private companies headquartered within 250 miles of Indianapolis. HCEP is part of Heron Capital, one of the largest venture capital funds in the city.

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Kokomo firm taps state tax credits to make animated film

Kokomo-based Bach Morris Technologies Corp. will spend $2.4 million to produce “Whoever Heard of a Herd of Fird?”
a movie based on company co-founder Othello Bach’s 1984 best-seller “Whoever Heard of a Fird?” A Ball State
University commercial spinoff will provide production and design services.

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