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Commodities fueled some of Indiana’s largest private companies in ’11
Oil, grain were particularly helpful for cooperatives. An improved economy also propelled manufacturers ahead.
Developer, contractors brawling over FBI construction project
The developer and contractors who built the FBI’s new $39 million Indianapolis field office, just north of Castleton Square Mall, are squabbling in court a year after wrapping up work on the project.
Indianapolis bond bank chief Kintner is clutch hitter
Deron Kintner has stepped up to fund a string of high-profile real estate projects at a time when private-sector financing is scarce.
Study: Defense spending fuels 56,000 Indiana jobs
A new report says that federal military and security spending resulted in $4.4 billion in contracts for Indiana companies last year.
Ball State geothermal plant powers economic engine
Ball State University leaders hope the school’s $87 million geothermal plant paves the way for others like it—as an economic-development opportunity as much as an environmental effort.
Who’s Who in Construction, Design and Engineering – 2011
This month, we recognize the power players who built this city, from the new airport to Lucas Oil Stadium to the Palladium.
Consumer group accuses Duke of ‘gross mismanagement’
“Gross mismanagement” and improper communications with ex-regulatory chairman are among evidence in testimony to make Duke, rather than ratepayers, swallow major cost overruns at Edwardsport power plant.
Who’s Who in Commercial Real Estate – 2011
Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. IBJ is identifying those people in eight different industry categories. Up this month: commercial real estate.
Court sides with FedEx in dispute with drivers
FedEx, which has a distribution hub in Indianapolis, has long asserted that its drivers should be classified as independent contractors.
N.Y. attorney general sues FedEx over driver status
The Memphis, Tenn.-based company, which has a distribution hub in Indianapolis, says its contract-driver model is legal and was approved for tax purposes by the U.S. Internal Revenue Service in 1994.
Carpenters union to unveil new training facility
The recent dearth of construction activity has been an opportunity of sorts for the Indiana-Kentucky Regional Council of
Carpenters: During the slowdown, the trade group built a $13 million
training facility and administrative building in Greenwood.Ballard takes aim at vacant homes
If Mayor Greg Ballard successfully closes the $1.9 billion sale of the city’s water and sewer utilities to Citizens Energy,
some of the proceeds will be used to bulldoze or rehabilitate 2,000 to 4,500 abandoned, unsafe homes during the next two years.$69M U.S. Courthouse modernization a boon for local firms
More than a dozen local companies have begun work on a three-year modernization of the Birch Bayh Federal Building and U.S.
Courthouse in the state's largest individual project funded by the federal stimulus.$69M in upgrades planned for Bayh Federal Building
Government officials and construction contractors today unveiled several planned upgrades for the Birch Bayh Federal Building
and U.S. Courthouse downtown. The $69.3-million project is slated for
completion by August 2012.Subcontractors come to Estridge’s aid with $10M investment
Estridge Cos.’ subcontractors have invested $10 million into the firm led by COO Matt Cohoat and CEO Paul Estridge Jr.—an
infusion that paves the way for them to proceed with
a massive development in Westfield.Some Indiana entrepreneurs hit the gas pedal in tough times
What recession? Some firms are enjoying explosive growth.
EnerDel forms joint venture with Chinese autoparts maker
Battery company will offer expertise to help Wanxiang build Chinese factory, fill backlogs. Indiana employment could reach 3,000, but there’s no target date for achieving that milestone.
Allison Transmission, supplier feuding in court
A dispute between Allison and a major supplier over allegations of defective parts has grown so contentious that
the supplier is threatening to halt shipments—a move Allison says could force it to shut down.Testing Inline Photo Gallery
It’s a good thing the tornado that mangled the covered bridge at Moscow didn’t arrive until June 2008. Had the twister struck a generation earlier, residents might have cleared the debris from the Flatrock River, slapped up a concrete span in its place, and congratulated one another on the progress. Instead, thanks to growing appreciation […]