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Carmel buying 12 acres for new well field
The city of Carmel has agreed to buy about 12 acres adjacent to the Mansion at Oak Hill for a new well field.
Lilly extends research pact with India firm
Jubilant Organosys Ltd. and Indianapolis-based Eli Lilly and Co. extended their collaboration, which began in 2005, by five
years.
Grain Dealers finalizes affiliation with Florida firm
Indianapolis-based Grain Dealers Mutual Insurance Co., one of the largest property-casualty insurers in the state, has closed
on a deal to became part of The Main Street America Group, the Jacksonville, Fla.-based company said Tuesday morning.
Ivy Tech near top of fastest-growing colleges list
A report by Community College Week says Ivy Tech’s central Indiana campus enrollment grew by 22 percent from fall 2007 to
fall 2008.
Express Scripts closes $4.7B deal to buy WellPoint pharmacy unit
St. Louis-based Express Scripts Inc. has completed its $4.7 billion acquisition of WellPoint Inc.’s pharmacy benefits
management business, the company said Tuesday.
UPDATE: Senate committee gets early start on tax bills
A state Senate committee got a jump-start Tuesday on discussing bills on unemployment taxes and property tax caps and plans
to vote on them next week, about a month before the full Legislature convenes.
Lilly Endowment grant extends jobs program
A $2.3 million grant awarded by Lilly Endowment Inc. on Monday will enable the Indianapolis Private Industry Council to continue
a jobs program through 2011.
Indiana charities hope for more holiday donations
Charities in Indiana have reported increased requests for help with rent, utility costs, food and other services.
Smoking ban bill sent back to committee
The fate of a proposal that would impose a stricter workplace smoking ban in Indianapolis remains up in the air after the
City-County Council voted Monday night to send the bill back to committee for further review.
Sales/acquisitions
Airpark Development Partnership bought 52.2 acres at 851 W. Mausoleum Road, Shelbyville, for an undisclosed amount. Stan Elser and Bill Brennan of Grubb & Ellis Harding Dahm & Co. represented the seller, Masco Support Services Inc. The buyer represented itself.
Construction
-GDI Construction Corp. is building a 25,800-square-foot headquarters for Therametric Technologies at 9880 Douglas Floyd Parkway,Noblesville. The project is scheduled to be completed in March 2010.
-C.F. Jones Group is finishing work on a 10,000-square-foot childcare center for Children of America at 10830 Pendleton Pike. The project, developed by Maquina Realty, is scheduled to be completed in January.
-Shamrock Builders-Commercial has started construction of a 6,154-square-foot office at 1000 W. Jefferson St., Franklin, for Daniel S. Martin D.D.S., M.S.D. The project is scheduled to be completed in summer 2010.
Report: Simon considers sale of European properties
Simon Property Group Inc. may sell several of its properties in Europe to help raise funds for a possible bid for bankrupt
rival General Growth Properties.
Feds drop Durham asset-seizure suit
The federal government on Monday morning dropped a high-profile civil lawsuit seeking to seize Tim Durham’s assets after
receiving
assurance they wouldn’t vanish.