Cummins profit soars on increased sales
Cummins Inc.'s second-quarter profit more than doubled on a steep increase in sales and a gain on the sale of its exhaust business, the Columbus, Ind.-based engine maker said Tuesday.
To refine your search through our archives use our Advanced Search
Cummins Inc.'s second-quarter profit more than doubled on a steep increase in sales and a gain on the sale of its exhaust business, the Columbus, Ind.-based engine maker said Tuesday.
An Indianapolis woman accused of child neglect has been found competent to stand trial. Police say Ebyan Farah, 28, put four of her five children in a closet last September and left them there for 10 hours. Two of the children, a 3-year-old boy and a 5-year-old daughter, died. Farah faces eight felony counts, including two charges of neglect of a dependent resulting in death. Doctors found Farah not competent to stand trial but a judge reversed that decision. She is being held without bond.
Prosecutors filed murder charges Monday against Justin Carter, 28, in the deaths of a Greenwood couple. Carter is accused of killing Steven and Julia Konchinsky in their home on July 16 while on a search for drugs and money. He also was charged with robbing a bank two days after the murders. He is being held without bond.
A man shot on Indianapolis’ northeast side early Monday morning has died from his injuries. Police say Thomas Ocel, 19, was shot in the 3700 block of North Butler Avenue. A second person also was shot but his name is not being released. Police said the victims drove themselves to Wishard Hospital after the shootings. Police are searching for suspects.
Indiana's chief economic development officer told state lawmakers Tuesday that Indiana has lost deals to attract businesses because it lacks a right-to-work law.
Upland Brewing Co. expects to spend $3 million to buy, renovate and equip a former RCA Thomson warehouse, more than doubling its brewing capacity.
Leading men Doug Johnson and Ben Tebbe bring weight to a surprisingly engaging historical noir thriller.
Wind turbines, a rare sight downtown, have finally been added to The Nature Conservancy’s high-profile building on Ohio Street.
The Indianapolis business-communications software firm reported second-quarter revenue of $52 million, up 34 percent from the same period last year. Profit grew 26 percent, to $6.3 million.
Indianapolis-based Simon Property Group Inc. said funds from operations rose 20 percent in the second quarter as rents and occupancies increased. The company raised its forecast for the year.
Iowa-based R3 Composites Corp. plans to establish a manufacturing center in the northeast Indiana town of Grabill, creating as many as 400 jobs by 2014.
A billboard near the Indianapolis Motor Speedway features an image of hot dogs poking out of a cigarette pack adorned with a skull and crossbones. A message warns viewers that "hot dogs can wreck your health."
Indiana health officials are targeting infant mortality, obesity, tobacco use and other health priorities in a new five-year plan aimed at improving the health of Hoosiers.
The Indiana Supreme Court has agreed to review a court ruling that found the Family and Social Services Administration wrongly cut off recipients' welfare benefits for not cooperating without telling them specifically what they did wrong.
State highway officials say they hope to begin building a key section of Interstate 69 to Bloomington by the end of 2011 after releasing the final environmental impact statement for the stretch.
The General Assembly's Interim Committee on Employment will consider "right to work" legislation Tuesday. The measure would curb a union's ability to require workers to join its ranks.
Capitol Construction Services Inc. has completed a 29,000-square-foot office build-out for Liberty Mutual at 11611 N. Meridian St., Carmel.
–Gordon Hendry has rejoined the local office of CB Richard Ellis as first vice president.
-Shiel Sexton Co. Inc. has promoted John Andrews to vice president of marketing.
On a seasonally adjusted basis, the pace of mortgage loan grew 15.5 percent for the week ended July 15, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.54 percent from 4.55 percent the previous week. The rate for 15-year mortgages decreased to 3.66 percent from 3.68 percent.
-Formosa Seafood Buffet leased 15,000 square feet at Castleton Plaza, 6300 E. 82nd St. The tenant was represented by Ben Li of Mid-America Realty Inc. The landlord, The Broadbent Co., was represented by Brian Broadbent.
-Paul Davis Restoration leased 9,519 square feet at 9715 Kincaid Drive, Fishers. The tenant was represented by Cam Kucic and Tony Hupp of Summit Realty Group. The landlord, Meritex Enterprises, was represented by Brian Buschuk and Brian Seitz of Jones Lang LaSalle.
-H.J. Spier Co. Inc. leased 8,784 square feet of office space at Four Woodfield, 8250 Woodfield Crossing Blvd. The tenant was represented by Tom Osborne of Colliers International. The landlord, Federal Home Loan Bank of Indianapolis, was represented by Rick Trimpe and Tim Hull of CB Richard Ellis.
-Legacy Ventures Inc. leased 5,400 square feet of industrial flex space at 5705 W.85th St. The tenant was represented by Rob Christman of Bridge Real Estate Advisors Inc. The landlord, BRE/US Industrial Properties LLC, was represented by Jason Speckman of Summit Realty Group.
-Pekin Insurance leased 3,558 square feet of office space at 2611 Waterfront Parkway. The tenant was represented by Richard King III of Hokanson Cos. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Key Sheet Metal leased 3,252 square feet at Garfield Industrial, 2248 N Emerson Ave., Suite C. The landlord, Painter Bay Trust, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.
-Moe’s Southwest Grill leased 2,479 square feet of retail space at Rockville Station, 9263 E. Highway 36, Avon. The tenant was represented by Rob Warstler of Colliers International. The landlord, Rockville Station LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Circle Center Auto Rebuilders leased 2,002 square feet at Garfield Industrial, 4847 E. 23rd St. The landlord, Painter Bay Trust, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.
-Huddles Sweet Shop & Boutique leased 1,821 square feet at Sophia Square, 110 W. Main St., Carmel. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Carmel Lofts LLC, was represented by Ersal Ozdemir of Keystone Construction Group.
-Communications Workers of America leased 1,721 square feet of office space at 2780 Waterfront Parkway. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-All Day Towing leased 1,500 square feet at Garfield Industrial Park, 2251 N Dequincy St., Suite E. The landlord, Painter Bay Trust, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.
-Yogi Frozen Yogurt leased 1,200 square feet of retail space at Sunblest Shoppes, 11803 Allisonville Road, Fishers. The tenant was represented by Kevin Piper of Colliers International. The landlord, G& J LLP, was represented by Greg Smith and Rob Warstler of Colliers International.
-Verizon Wireless leased 1,200 square feet of retail space at Riverstation Shopping Center, 780 Westfield Road, Noblesville. The tenant was represented by Greg Smith of Colliers International. The landlord, Riverstation LLP, was represented by Rob Warstler of Colliers International.
-DB Services leased 1,032 square feet of office space at 8604 Allisonville Road. The tenant was represented by Bryan Miller of Cassidy Turley. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.