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Red Robin, Red Robin …

June 12, 2007

Colorado-based burger chain Red Robin is entering the Indianapolis market in a big way starting later this month. The chain plans to open its first location in Plainfield on June 18. It…

Star Financial is betting big on Indianapolis: Fort Wayne bank plans hub office, 4 new branches

June 11, 2007

Undeterred by stepped-up competition and tough margins, Fort Wayne-based Star Financial Bank is building an Indianapolis regional hub and has lined up land for four new locations. The privately held bank launched an Indianapolis-area expansion effort in 2001, and now has seven offices here-including three in Fishers, one in Carmel and one in Noblesville. The latest expansion salvo includes 25,000 square feet of leased space within an office building under construction at Keystone at the Crossing, next door to the…

Fascination with fans pays off: Fanimation’s unique designs sustain company amid tough competition

June 11, 2007

Try saying that three times fast. Or better yet, check out Frampton’s eclectic innovations at the local showrooms that stock them. Frampton, 51, is president of Fanimation Inc. in Zionsville, a designer and distributor of custom fans that circulate a cool breeze in ways rivaled only by his collection of bizarre antique models that often provide his inspiration. Foremost among his unusual creations of ceilingmounted fans is the futuristic Enigma, which sports a single blade and was featured in a…

Long-term care a long-term problem for Conseco: Losses mount in spite of huge insurance market

June 11, 2007

Conseco sells that coverage, called long-term-care insurance. But right now, it wishes it didn’t. The Carmel-based company has been losing millions of dollars a month on long-term-care policies, as the costs of providing care have outstripped the premiums collected. Conseco also is facing lawsuits and an investigation by a congressional committee into whether it wrongly denied customers’ claims under its long-term-care policies. The troubles have kept Conseco’s stock price depressed, furthering speculation that the company might be acquired. “It’s certainly…

Oak Street Mortgage slides into bankruptcy

June 8, 2007

Carmel-based Oak Street Mortgage, which not long ago was a high-flier poised to go public, filed for Chapter 11 bankruptcy this morning in federal court. Oak Street in December sold most of its assets to Kansas City, Mo.-based Novastar Financial Inc. amid a meltdown of the sub-prime mortgage market. Subprime lenders like Oak Street make […]

Muncie rezoning land for mystery bio-life project

June 8, 2007

The Metropolitan Plan Commission in Muncie last night unanimously approved rezoning 35 acres for a life science facility that would cost $70 million and create up to 170 jobs. However, the identity of the company or organization planning the project wasn’t made public, according to The Star-Press of Muncie. Speculation is circulating in the city […]

D’vine move clears way for big project

June 5, 2007

Premier Properties has taken another step toward its ambitious plan for Woodfield Crossing. The company has a deal to relocate D’vine A Wine Bar from an existing retail building on the Woodfield property to another building it owns.

UPDATE: Baker Hill to announce 100-plus jobs

June 4, 2007

Carmel bank software developer Baker Hill plans to announce at its 1 p.m. news conference that it will create between 100 and 200 jobs, according to a source familiar with the announcement. The company has 200 employees in Carmel and a handful in other states. Indiana Economic Development Corp. President Nate Feltman will be on […]

Baker Hill plans development announcement

June 4, 2007

Carmel bank software developer Baker Hill has scheduled a 1 p.m. economic development announcement with Indiana Economic Development Corp. President Nate Feltman. Local entrepreneur Mark Hill and other investors sold Baker Hill Corp. to Experian of Costa Mesa, Calif., in August 2005 for more than $75 million.

ITT’s youthful CEO has large shoes to fill

June 4, 2007

Kevin Modany, CEO of ITT Educational Services Inc., carries an iPod and downloads drum solo videos from YouTube. But when
Modany, a young-looking 40-year-old, talks about ITT’s 35-percent increase in first-quarter profit, he comes across as savvy
and confident of his ability to take the post-secondary education provider to even greater heights.

Fort Harrison reuse plan approved

June 1, 2007

The Fort Harrison Reuse Authority won approval from the City of Lawrence last night for the final phase of a decade-long redevelopment of Fort Benjamin Harrison. The roughly 90-acre…

A shopping center by any other name

May 30, 2007

I’ve got news on The Shoppes at Providence at Old Meridian, a new mixed-use project in Carmel. But first, a question: What’s the deal with the name? And second: What suggestions do you have for even more pretentious ones? How…

Acquisition costs hurt Adesa profit in first quarter

May 30, 2007

Costs associated with the April 20 acquisition of Adesa Inc. by a group of private equity funds caused first-quarter profit to rise only 3.9 percent, to $38 million, the Carmel-based auto auction reported late yesterday. Had it not been for the $2.4 million expense, earnings would have increased 11.3 percent. Kelso & Co., Goldman Sachs […]

BioStorage receives $8.3 million in venture capital

May 29, 2007

Indianapolis-based BioStorage Technologies Inc. said today it has raised $8.3 million in venture capital funding. Led by Radius Ventures of New York, other investors included Spring Mill Venture Partners of Carmel, Village Ventures of Williamstown, Mass., and Twilight Venture Partners of Indianapolis. BioStorage focuses on pharmaceuticals and other biomaterials, and recently expanded into Europe.

Hilbert auction at Sotheby’s yields $8.8M

May 24, 2007

Steve and Tomisue Hilbert’s furniture and housewares fetched $8.8 million Thursday in a Sotheby’s auction in New York. The total exceeded the estimated value of the Hilbert collection, which Sotheby’s estimated at $5 million to $7.7 million. The Hilberts are also scheduled to sell eight paintings on June 8, which could be worth more than […]

Sotheby’s to auction Hilbert art, antiques

May 22, 2007

Less than six months after settling a bitter lawsuit with Conseco Inc., Stephen and Tomisue Hilbert will auction off more than 100 pieces of art and antiques beginning this week at Sotheby’s in New York. The auctioneer values the Hilbert collection between $7 million and $11 million, according to a catalogue from the show. The […]

ExactTarget, ChaCha, Quadraspec win Mira awards

May 21, 2007

This year’s TechPoint Mira Award winners included Indianapolis-based ExactTarget, ChaCha, of Carmel, and West Lafayette life science company Quadraspec Inc. The awards are given out annually by the not-for-profit to promote Indiana technology-based companies. This year’s winners, announced Friday, include: -Information Technology Company: ExactTarget, Indianapolis -Information Technology Gazelle Company: ChaCha, Carmel -Health & Life Sciences […]

Techpoint honors Indiana companies, educators: Judges narrow 80 nominees to 13 Mira winners

May 21, 2007

This year’s recipients of Techpoint’s Mira awards include some of the area’s best-known technology startups as well as lower-profile firms that have racked up big achievements. On May 18, the technology trade group was scheduled to acknowledge the accomplishments of Hoosier entrepreneurs in information technology, life sciences, advanced manufacturing and education with its eighth annual gala at the Indiana Roof Ballroom downtown. “It’s always good to recognize companies and give them a pat on the back, put them on the…

Giuliani leads race for Indiana donations

May 21, 2007

Campaign finance records through the first quarter of 2007 show Rudy Giuliani, the former New York mayor, has raised $176,950
in Indiana. That’s more than twice as much as one-time Massachusetts governor Mitt Romney, his closest Republican rival.

Gigerich firm makes spate of hires after staff exodus:

May 21, 2007

Carmel-based consulting firm Ginovus LLC-which lost five professionals on May 11 to a new economic development practice started by the Indianapolis law firm Bingham McHale-has bounced back by hiring three people. Richard Rowley, legislative director under former Gov. Joe Kernan, joined as special counsel. Rowley will continue practicing law at Sommer Barnard, the Indianapolis law firm that hosts Ginovus. Jill Beckman was hired as director of operations. Beckman’s background is in accounting, most recently at Butler Uni versity. Denise Settlemyre…

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8,697 results for 'Carmel'

People

Kurt Beier

Articles

Red Robin, Red Robin …

Star Financial is betting big on Indianapolis: Fort Wayne bank plans hub office, 4 new branches

Fascination with fans pays off: Fanimation’s unique designs sustain company amid tough competition

Long-term care a long-term problem for Conseco: Losses mount in spite of huge insurance market

Oak Street Mortgage slides into bankruptcy

Muncie rezoning land for mystery bio-life project

D’vine move clears way for big project

UPDATE: Baker Hill to announce 100-plus jobs

Baker Hill plans development announcement

ITT’s youthful CEO has large shoes to fill

Fort Harrison reuse plan approved

A shopping center by any other name

Acquisition costs hurt Adesa profit in first quarter

BioStorage receives $8.3 million in venture capital

Hilbert auction at Sotheby’s yields $8.8M

Sotheby’s to auction Hilbert art, antiques

ExactTarget, ChaCha, Quadraspec win Mira awards

Techpoint honors Indiana companies, educators: Judges narrow 80 nominees to 13 Mira winners

Giuliani leads race for Indiana donations

Gigerich firm makes spate of hires after staff exodus: