Area home sales, prices show increase
The housing market could be awakening from its deep sleep, if February home-sale agreement figures are any indication.
IBJ Staff
Articles
Hurco suffers loss as sales plummet
The Indianapolis-based manufacturer’s quarterly revenue fell to $20.6 million, a 27-percent drop from the same period the
year before.
Hoosier entrepreneurs make magazine’s billionaires list
Bill Cook, Dean White, Jim Irsay and Herb Simon have made Forbes magazine’s annual list of the richest people
in the world.
Citizens Energy to take over city’s water, sewer utilities
The agreement is expected to generate more than $425 million in funding for local infrastructure improvements, and Citizens
has agreed to assume $1.5 billion in debt associated with the utilities.
Delta Faucet cutting 40 more jobs at Greensburg plant
The Carmel-based company said its decision to consolidate machining activities at a plant in Tennessee is driven by weak retail
sales and a sluggish housing market.
WTHR general manager dies suddenly
Jim Tellus, the 47-year-old general manager of local NBC affiliate WTHR-TV Channel 13, died suddenly this week.
Fishers video software developer adding 49 jobs
Fishers-based Exacq Technologies Inc. will invest $1.1 million to expand its Exit Five Parkway headquarters, creating as many
as 49 new jobs by 2013.
FinishMaster reports flat profit in fourth quarter
FinishMaster Inc.’s profit in the fourth quarter of 2009 was unchanged from the previous quarter, although earnings for the
entire year declined. The Indianapolis-based paint distributor attributed the drop to lower automobile-accident claims.
Logistics firm s2f investing $10.8M in Plainfield facility
Startup logistics firm s2f worldwide LLC will invest $10.8 million to set up its headquarters and distribution center in Plainfield,
creating 250 jobs by 2013, state economic development officials said early Monday.
Hoosier Park owner Centaur files for bankruptcy protection
Indianapolis-based Centaur LLC, owner of Hoosier Park horse track and casino in Anderson, filed for Chapter 11 reorganization
on Sunday. The company’s casino, racing and hotel operations will continue without interruption, it said.
Three Indiana companies among world’s most admired
Brightpoint, WellPoint and Cummins are recognized by Fortune magazine as being among the best in their industries.
Magazine names Fishers ‘top affordable suburb’
The Bloomberg BusinessWeek survey gives the town north of Indianapolis high grades for “livability, safety, education, and economic performance.”
Medline opens Plainfield distribution center
Illinois-based medical supplies maker Medline Industries Inc. has opened a distribution center in Plainfield, hiring 50 workers.
Consumer group touts financial benefits of energy efficiency
Opponents of energy/climate change legislation—which has predominantly been in the form of so-called cap-and-trade
legislation—aren’t convinced.
Motorsports park proposed for southwest side of Indy
Plans call for a Motocross track, one-fifth-mile dirt track and ATV trails on
36 acres near Interstate 465 and Mann Road.
Barron’s magazine names state’s best financial advisers
The majority
of the top advisers work for Merrill Lynch, and all but two live in Indianapolis.
EDITORIAL: Run for president, Gov. Daniels
Gov. Mitch Daniels should step through the door he cracked open last month and throw
his hat in the ring. Voters would benefit from a new voice.
Developers line up for Westfield sports complex
Westfield’s Sports Commission is evaluating proposals from three firms interested in helping the town become “The
Family Sports Capital of America.”