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Articles

UPDATE: Life science firm to add 100 jobs at Park 100

November 6, 2009

California-based life science firm Beckman Coulter Inc. is moving its precision plastics injection molding operation
to the Park 100 business park on Indianapolis’ northwest side, making what it calls a multimillion-dollar investment in the
operation.

Stimulus funds 18,900 jobs in state, White House claims

October 31, 2009

President Barack Obama’s federal stimulus package has steered about $848 million to Indiana so far and created or retained
nearly 18,900 jobs, the White House said. But an analysis found the report is still full of errors.

Sales of luxury suites slow at most Indianapolis sports venues

October 15, 2009

Ten years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway
barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue
now, thanks to the recession and companies keeping a closer eye on spending.

Drag racer John Force driven by Dunkin Donuts

October 1, 2009

John Force is pleased to be growing his Brownsburg facility. He said central Indiana has everything a National Hot Rod Association
team could want. But nothing makes him happier than the new Dunkin Donuts there.

Entrepreneur hopes real estate venture will rebuild neighborhoods, fund charities

September 24, 2009

David Sexauer has $250,000 and a list of about 120 properties he’d like to acquire from the city of Indianapolis.

House bill puts state student-loan jobs in danger

September 17, 2009

The U.S. House of Representatives is nearing a vote to push private lenders out of the federal college loan business—a
move that could cost Indiana hundreds of jobs.

Anderson firm aims to clean up diesel emissions

September 17, 2009

Engineer Refaat "Ray" Kammel’s Anderson engineering firm has received a $2-million grant from the Indiana Department of Economic Development to start manufacturing a patented device that will help old trucks meet new federal emission standards.

Group: Health insurers urged workers to fight reform

September 3, 2009

A consumer group says health insurers UnitedHealth and WellPoint pressured their employees to contact members of Congress
and lobby against health care reform proposals that the companies disagreed with.

MainGate Inc. racks up revenue with NFL deals

August 26, 2009

When Brett Favre signed with the Minnesota Vikings Aug. 18, cheers could be heard at MainGate Inc.’s 7900 Rockville
Road headquarters. Predictably, Favre jerseys went flying off the shelves—about 6,000 in the first 72 hours—and
MainGate gets to keep a portion of those sales. The Vikings are one of six teams the Indianapolis-based merchandising
specialist has signed deals with in 2-1/2 years, making MainGate one of the biggest retail players in the goliath of professional
sports leagues.

Ron Henriksen has accumulated a lifetime of mergers and acquisitions

August 12, 2009

A light touch and an eye for detail have brought Ron Henriksen riches and adventure in a humble life of deal-making. And at
age 70, he has no plans to stop.

Foreclosures rise nationally, fall in Indiana-WEB ONLY

July 16, 2009

The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills. The mushrooming foreclosure crisis affected more than 1.5 million homes in the first six months of […]

Construction jobs trickling in from road stimulus

July 10, 2009

Federal stimulus money for Indiana highway projects so far has put to work 1,222 people with a payroll of $1.27 million,
according to state records of 42 projects under way in which contractors have reported job data. The work, ranging
from paving to replacing bridge decks, had a total contract value of $39.2 million.

EnerDel poised to get jolt of stimulus juice

June 22, 2009

Within weeks, EnerDel expects to receive notification that it’s getting as much as $480 million in financing under a U.S.
Department of Energy program aimed at fostering advanced vehicle manufacturing.

Prosecutors see seedy side to seemingly tame industry

June 8, 2009

Current and former employees of Bloomington-based International Outsourcing Services LLC are under assault by federal prosecutors
who charged they participated in a scheme to bilk some of the nation’s largest issuers of coupons out of more than $250 million.

Civility is admired in life and death

June 1, 2009

What would you want said in your obituary that would set you apart from your peers?

Heartland Distillers joins mini-boom in artisan spirit-making

June 1, 2009

Since January, Heartland Distillers has turned out several small batches of its first signature spirit—Indiana Vodka—available at about 300 area retailers.

Vodka made in Indiana?-WEB ONLY

May 30, 2009

From the outside, Suite 1000 of the Uptown Office Complex looks like any of the strip-center businesses clustered between Castleton and Fishers. But behind the glass door, copper and steel teem with life as Hoosier sweet corn is heated, mixed and filtered on its way from the silo to the saloon. The small space, with […]

“What’s black and white and read all over?”-WEB ONLY

May 16, 2009

Imagining Indianapolis without The Indianapolis Star used to be unthinkable. The city’s daily newspaper has been landing on front porches for 106 years, telling readers how their government is performing or whether to expect rain or snow. Today, life without a daily newspaper isn’t so far-fetched. Many people, especially younger readers, abandoned it long ago […]

Five regional banks seek $8.2B after tests-WEB ONLY

May 7, 2009

Five of the nation’s largest regional banks, including four with dozens of branches and hundreds of employees in Indiana, are vulnerable to a worsening recession and need to raise a total $8.2 billion in new capital based on results of government “stress tests” released yesterday.The two regional banks based in the Southeast, Regions Financial Corp. […]

With pharma famine looming, Lilly relying on snack-size deals

May 4, 2009

Compared with some of his pharmaceutical CEO peers these days, John Lechleiter has his company on a diet. Instead of using a mega-merger to bulk up before the famine that patent expirations will bring on the industry next year,
Lechleiter has Eli Lilly and Co. burning management fat while looking for smaller companies to munch on.

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