Fort Wayne plant closing to leave 118 jobless
Marietta, Ga.-based Graphic Packaging International Inc. has notified the state that it will cut 118 jobs by closing its plant in Fort Wayne.
IBJ Staff
Articles
Military firm could create 500 jobs at former chemical site
Telic Corp., a developer and manufacturer of United States military equipment, announced Thursday it will invest more than
$1.2 million in the former Newport Chemical Depot in western Indiana, creating up to 500 jobs.
HHGregg’s quarterly earnings, sales jump
HHGregg reported a rise in quarterly profit and sales Thursday morning that exceeded analyst expectations, despite a decrease
in same-store sales.
Citizens Energy donates land to baseball not-for profit
Citizens has donated 28 acres of land from its former Citizens Gas & Coke Utility site on the southeast side of Indianapolis
to Play Ball Indiana for the development of a youth sports complex.
New design of bridge girder is huge, strong
The next time you’re tooling along Interstate 465 on the west side, take notice of the girders supporting the new 21st Street bridge. You might see more of them in the future. The experimental concrete beams are bigger than normal and shaped like a “U” instead of the traditional “I.” Think of an elongated, Paul-Bunyan-class […]
Brightpoint profit dips but beats expectations
Wireless device distributor Brightpoint Inc. said late Wednesday afternoon that profit and revenue both fell in the third
quarter because it sold fewer devices at lower prices.
Loan losses contribute to First Internet’s poor earnings
Indianapolis-based First Internet Bancorp on Wednesday said it lost $208,806 in the third quarter, as loan losses continued to increase.
Beech Grove school referendum passes, two others fail
Voters in Beech Grove on Tuesday endorsed a tax increase to keep school buses operating, while other education-related measures in two Marion County townships failed.
Blue River posts loss on poor loan climate
Shelbyville-based Blue River Bancshares Inc. on Tuesday night said mounting loan losses contributed to a third-quarter loss of $356,000.
Calumet improves quarterly profit despite sales hit
Calumet Specialty Products LP posted a profit of $3.9 million in the third quarter, recovering from a $12.5 million loss in
the same period last year.
New Wishard gets overwhelming approval in referendum
Unofficial results from Tuesday night’s special election show more than eight out of 10 Marion County voters supporting a new $754 million hospital for Wishard Health Services.
Brake manufacturer closure costs 118 jobs
Carlisle Industrial Brake and Friction has notified the state that it will close a manufacturing plant in Logansport, resulting in the loss of 118 jobs.
Greensburg manufacturer sold, jobs moving to Oklahoma
The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.
Wishard receives $6 million gift from Fairbanks
The Wishard Foundation said it has received a $6 million grant from the Richard M. Fairbanks Foundation that will be used to help fund construction of a new Wishard Hospital, if Marion County voters approve the project.
Lilly reducing sales force by 191 as part of larger restructuring
Eli Lilly and Co. has notified the state that it plans to eliminate 191 sales jobs as part of a company-wide restructuring
announced
in September
that ultimately will result in 5,500 job cuts by the end of 2011.
First Merchants posts quarterly loss on bad loans
Muncie-based First Merchants Corp. said Monday afternoon that loan charge-offs contributed to a loss of $6.4 million in the third quarter.
Allison Melangton
Allison Melangton brings more than 25 years of sports and events management experience to her role overseeing plans for the
2012 Super Bowl in Indianapolis.
Vectren’s third-quarter profit, revenue dive
Evansville-based energy company Vectren Corp. reported a 47-percent drop in profit for its fiscal third quarter.
Cummins reports plunge in profit, revenue
Cummins Inc. said profit for its fiscal third quarter fell 59 percent and sales dropped by 31 percent compared to the same
period last year, though the company said its profitability and cash position improved from the second quarter.
Local tech duo connects to embed video product into e-mail marketing
Cantaloupe.TV, known for
its video marketing expertise, has been working closely with locally based ExactTarget, the well-known e-mail marketing firm,
to give ExactTarget’s clients an easier way of embedding video into e-mails.