Harley-Davidson Inc. officials were in Shelby County yesterday assessing it as a location for a new motorcycle plant, but
it isn’t yet clear how the county stacks up to other U.S. locales that also are in the running for the economic-development
prize.
Bluffton-based Franklin Electric Co. Inc. designs, manufactures and distributes electric motors, electronic
motor controls and related equipment. For the quarter ended July 4, the company reported net income of
$5.8 million, or 25 cents per diluted share, on $165.3 million in revenue. That compares with net income
of $15.3 million, or 66 cents per diluted share, on $201.7 million in revenue for
the the same period a year ago.
West Lafayette furniture maker Chromcraft Revington Inc. narrowed its losses in the second quarter by shedding unprofitable
products, closing plants and reducing expenses, the company said yesterday.
An Indiana money manager scheduled to be sentenced today in Florida on charges he deliberately crashed his plane to fake his
death and flee financial ruin now faces more charges in his home state.
Therametric Technologies Inc., a developer of dental health technology, said today it will locate its headquarters and manufacturing
operations in Noblesville, and plans to create 40 jobs by 2013.
It’s no secret that Eli Lilly and Co. is the biggest private employer in the Indianapolis area. But
Lilly also supplemented the incomes of a few dozen local doctors — to the tune of more than $224,000 in just the first
quarter.
The museum’s annual sale for collectors, one of its biggest annual fund-raisers, is seeing strong advance registration. The
Eiteljorg also has a new head of fund-raising.
Passengers at Indianapolis International Airport are spending less time on the ground since the opening of the new midfield
terminal.
Gregs and the Talbott Street Nightclub, two prominent bars that cater to gay and lesbian crowds, went smoke-free Aug. 1.
Locally based Sandor Development Co. is looking for a new tenant for the old AMC Loews College Park 14 movie theater, after
the screens went dark for good in July after a 25-year run at West 86th Street and Michigan Road.
The Indianapolis office of New York-based PricewaterhouseCoopers is adding 20 consultants following the accounting firm’s
purchase of a portion of McLean, Va.-based BearingPoint Inc.
Harrison College, formerly Indiana Business College, hired its first provost and chief academic officer as the for-profit
educator experiences rapid growth.
Converse-based First Farmers Financial Corp. said this morning it has agreed to acquire CB Bank Shares Inc. in Russiaville.
Carbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
The Promotion Co Inc., an Indianapolis-based event promoter, said today that it has acquired the Monster Nationals series
of monster-truck shows from Image Promotions Inc. in Chardon, Ohio.
Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
Noble Roman’s Inc. late yesterday reported a larger profit in the second quarter, primarily due to its continuing efforts
to cut expenses by replacing company-owned restaurants with franchises.
The City-County Council voted 15-14 last night to approve raising the local hotel tax from 9 percent to 10 percent in a move
intended to help the cash-strapped Indianapolis Capital Improvement Board close a $47 million operating deficit.
Hill-Rom Holdings Inc. topped analysts’ expectations in its fiscal third
quarter even as hospital-spending cuts clipped its revenue by 9 percent, the company announced late yesterday.
Indiana State Fair organizers are anticipating this month’s longer fair will attract a record
crowd, but they are setting modest expectations.
