KAR Auction CEO is taking on Indy’s mobility problem
Although Jim Hallett runs a business that sold 5.5 million used vehicles in 120 countries last year, he also knows firsthand what life is like without a car.
Although Jim Hallett runs a business that sold 5.5 million used vehicles in 120 countries last year, he also knows firsthand what life is like without a car.
A $25 million Greenwood sports complex is on ice while its developers try to work out a deal to get a sizable, one-time rebate from Indianapolis Power & Light Co.
Jim and Sean Hallett have an option to buy a parcel near the interchange in Johnson County and hope to break ground on an ice-plex next spring with an opening set for August 2019.
The minor-league hockey all-star game in Indianapolis will be played under a new three-on-three format. But a bigger draw could be NHL great Wayne Gretzky’s participation.
With an improved team and a better schedule—including more Saturday night games (14) than ever—Indy Fuel officials think this could be a watershed season for the minor-league professional hockey team.
Father-and-son duo Jim and Sean Hallett announced plans Thursday to build a hockey and ice-skating facility on six acres in Freedom Park, south of Smith Valley Road between State Road 135 and U.S. 31 South.
Father-and-son duo Jim and Sean Hallett launched a minor-league hockey team—the Indy Fuel—in 2013, but the enterprise has expanded far beyond just an ECHL franchise.
Jim Hallett is confident that his recently launched Indy Fuel hockey team will prosper, a bet he backed up by signing a 25-year lease at the Fairgrounds Coliseum.
E&Y honored Hallett for transforming a traditional auto auction company that used technology into a technology company that runs auctions and provides other services to the auto industry.
Hallett rocketed from a modest childhood to lead one of Indiana’s largest companies.
Local officials bidding for the 2018 Super Bowl had hoped to announce a new downtown hotel in time to land the big game, and local hospitality and real estate officials acknowledged the Pan Am location is the most likely site.
The Indiana State Fair Commission announced Monday that it signed a deal with Indiana Hockey Club LLC, an ECHL expansion franchise that will become an anchor tenant for the fairgrounds’ newly renovated coliseum.
KAR Auction Services reported a profit of $5.3 million in the fourth quarter after sustaining a loss in the same period in
2008. The company's CEO attributed the turnaround to several factors, including the completion of an initial public offering.
Less than two years after being driven out of Adesa Inc. as unceremoniously as a Buick down its auction lanes, James Hallett
is back behind the wheel of the nation’s No. 2 wholesale vehicle-auction company.