PROXY CORNER: Hillenbrand Inc.
Hillenbrand Inc. manufactures and supplies burial caskets, cremation products and related services to licensed funeral homes.
IBJ Staff
Articles
Logistics firm closing in Plainfield, leaving 126 jobless
NAL Worldwide, which provides third-party logistics and supply-chain services, plans to close its Plainfield location March
31.
HHGregg’s profit, sales rise
HHGregg’s profit and revenue both increased in its fiscal third quarter, despite a slight dip in same-store
sales. The opening of 19 stores helped offset the decrease.
Brightpoint profit up despite declining revenue
Wireless device distributor Brightpoint Inc. saw revenue decline in the fourth quarter, but the Indianapolis-based company
still managed to bounce back from $346 million year-ago loss with an $18.3 million quarterly profit.
Chairman Glasscock retiring from WellPoint board
Larry Glasscock will retire as chairman of WellPoint Inc.’s board, the Indianapolis-based health insurer said early Wednesday.
Company CEO Angela Braly will assume the position March 1.
Dow AgroSciences profit falls despite revenue increase
Indianapolis-based Dow AgroSciences said Tuesday it posted a profit of $69 million in the fourth quarter, down 19 percent
from the prior year because of increased research and development spending and higher administrative expenses. Revenue was
up 17 percent.
Bull-riding boss takes reins of Indy Racing League
The CEO of the Professional Bull Riders Association has accepted an offer to lead the Indy Racing League. The IRL has been
without a leader since Tony George was ousted last summer as boss of the Indianapolis Motor Speedway.
Enzon Pharmaceuticals sells Indy drug plant; 100 local jobs safe
New Jersey-based Enzon Pharmaceuticals Inc. has sold its Indianapolis plant that manufactures specialty drugs in a deal that
could top $300 million. The buyer says that the operations, which employ about 100, will remain in the city.
Forty Under 40: Recipients
Current and past recipients of IBJ‘s annual Forty Under 40 recognition.
Job cuts begin at east-side steering parts plant
Fifteen employees at an east-side automotive plant operated by a Ford subsidiary will lose their jobs on March 31. More job
cuts are expected, as the factory prepares to close by the end of 2011.
Mobile lab maker Biologics to create 50 jobs in Brownsburg
A startup that makes mobile laboratory and manufacturing facilities will locate its headquarters, design and manufacturing
operations in Brownsburg, creating at least 50 jobs by 2013.
Cantaloupe unveils newest e-mail marketing product
Local technology firm’s VideoHere system allows companies to embed videos in their marketing e-mails.
Independent bookstore in Carmel ends seven-year run
The Mystery Co. in the Arts & Design District plans to host a farewell party Jan. 30, and close for good a few
days later.
TrendyMinds signs ad deals, extends pact with NASCAR’s Harvick
Agency to handle public relations and advertising for Cincinnati Bell’s three markets
State sells $300 million in Tax Anticipation Notes
The proceeds will help more than 120 local government units pay their bills while they wait for their
property tax receipts.
Contest will honor centenarians who still work
Last year, Virginia-based Experience Works recognized 101-year-old attorney Jack Borden of Weatherford, Texas.
Trade group TechPoint calls for Mira Awards nominations
TechPoint is now accepting nominations for its 2010 Mira Awards.
Health care reform will go on regardless of federal government
Massachusetts’ election of a Republican senator has put health reform legislation on life support. But for the health
care industry, reform is a reality that isn’t going to die.
Not-for-profit of note
College Mentors for Kids Inc. motivates youth and communities to achieve their potential by fostering inspiration to transform lives, education to change attitudes, and connections to increase opportunities. College Mentors For Kids pairs children with local college students for weekly activities that expose them to the opportunities of higher education. College Mentors For Kids serves […]