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Wabash National Corp. has told nearly 800 workers who were laid off over the winter that it does not expect to recall them. The Lafayette-based truck-trailer manufacturer notified the Indiana Department of Workforce Development of the decision on Friday, saying the decision was prompted by declining demand projections for new trailers. The economic slowdown also […]
Kathy Nagler has resigned as executive director of the Indianapolis Museum of Contemporary Art to “pursue personal passions and spend more time with her family.” She had been with the organization for three years.
iMOCA curator Christopher West will serve as…
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 […]
Last week the U.S. Bureau of Economic Analysis released its estimates of county personal income and all the detail comprising those data. These data are important because they provide a consistent view over a long period of time. It’s easy to focus on the immediate problems of our economy. However, we do ourselves a disservice […]
People will always make the case that Indianapolis doesn’t need any more chain or franchised restaurants. I understand the big-picture argument. I understand the desire for a greater regional culinary identity and the wish for a more adventurous restaurant clientele. To be honest, though, a good meal can temporarily dismantle my regional pride. It happened, […]
TV spots for Steak n Shake Co. used to play up the chain’s full-service restaurants, complete with friendly servers, real plates and glass ketchup bottles-a departure from the “workaraunts” operated by McDonald’s and Burger King. Now, Steak n Shake is developing plans for its own workaraunts. The new management of the Indianapolis-based chain hopes to […]
This St. Patrick’s Day, Tru-Foods LLC executive Gary Occhiogrosso got an object lesson in why his company’s acquisition of Ritter’s Frozen Custard either could be a great opportunity or a royal pain-or both. He visited the chain’s ill-starred 10450 Allisonville Road location on a blustery March day. The shop, which sits in the middle of […]
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down the open-wheel series if it didn’t break into the black soon. When pressed about the possibility of being profitable by 2013, George responded, “It has to be, or or there won’t be a […]
As I write this, the swine flu epidemic is well on its way to being classified as a pandemic, having spread from its apparent epicenter in Mexico throughout North America, to Europe, Asia, and beyond. In fact, it was confirmed just a short time ago that a student at Notre Dame has been the first […]
The Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial burden on already ailing businesses with the least ability to pay. That’s the assessment of the Indiana Chamber of Commerce and Indiana Manufacturers Association, which are howling in protest at Gov. Mitch Daniels’ refusal to veto […]
It took Pete and Candace Kissinger 33 years to build West Lafayette-based Bioanalytical Systems Inc. into one of the largest contract research firms in Indiana’s life science sector. It took just a year and a half for them to turn against the company’s new management. The Kissingers quietly stepped down from the management team in […]
No matter how the Capital Improvement Board funding mess plays out, we’re left with resentment coming from all directions and an unprecedented splintering of the long-standing bipartisan cooperation that helped propel our city forward. I have to think that the late Larry Conrad and Jim Browning, two of the visionaries who sought to bring Indianapolis-and […]
Though plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead to new products. The company entered a $10.4 million deal in March with Torotrak plc, a British firm that’s been trying for more than a decade to bring its gearless transmission to market. “When I saw Allison tie […]
People will always make the case that Indianapolis doesn’t need any more chain or franchised restaurants. I understand the
big-picture argument. I understand the desire for a greater regional culinary identity and the wish for a more adventurous
restaurant clientele. To be honest, though, a good meal can temporarily dismantle my regional pride.
Lawmakers sometimes do their best work right after an election, when they have a fresh victory in hand and can think beyond their political self-interest. Same goes for the chief executive. Gov. Mitch Daniels won big last year in what was presumably his last political campaign. All of which adds to our disappointment at the […]
