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Indianapolis long-haul trucking firm Celadon Group Inc. has acquired the assets of Continental Express Inc., a trucking company headquartered in Little Rock, Ark., for $24 million in cash. The assets include 400 tractors and 1,100 trailers – enough to boost Celadon’s rolling capacity by about 13 percent. Also included are Continental’s truckload, intermodal and brokerage […]
Click here to view a video of the announcement. Indianapolis attorney and businessman Michael Maurer is giving $35 million to the Indiana University School of Law in Bloomington, which has been renamed in his honor. The gift, the largest in the law school’s history to come from a single donor, will fund an undetermined number […]
The jobs bank has come to symbolize whatever the general public thinks is wrong with the United Auto Workers
and Detroit car companies.
For many years, the UAW contract has stipulated that laid-off workers be paid nearly their entire compensation.
Now,…
Locke Reynolds LLP’s merger with Frost Brown Todd LLC will become final Jan. 5. But it’s not the first time the firm has sought a marriage. Locke Reynolds Partner Jim Dimos acknowledged in an interview with IBJ that in the past few years the Indianapolis law firm has had conversations with several local rivals, without […]
Three key promoters of the Indiana motorsports industry have formed a company to launch a new trade show in Indianapolis next year. The threesome – Indiana Motorsports Association Executive Director Tom Weisenbach, local auto and truck dealer Jeff Stoops and C&R Racing Inc. owner Chris Paulson – hope the new show will fill part of […]
Indianapolis Star Publisher Michael Kane told staffers yesterday the equivalent of 52 full-time staffers are being laid off to shore up the company’s bottom line. Twenty full-time positions in the newspaper’s editorial department were terminated, including Susan Guyett, who pens the Talk of our Town column; cultural writers Whitney Smith and Chris Lloyd; and Abe […]
It’s a sad day for Indianapolis media and for the arts as massive layoffs gut the Indianapolis Star.
Whitney Smith: gone.
Chris Lloyd: gone.
Susan Guyett: gone.
Abe Aamidor: gone.
My thoughts and best wishes go out to these and other talented former Star writers, editors…
Indy Racing League driver Danica Patrick topped golfer Tiger Woods, quarterback Tom Brady and Super Bowl champion Eli Manning and his brother Peyton as the most searched for athlete in 2008, according to America Online’s…
Medical Technology Leadership Forum, a not-for-profit think tank focused on medical devices, is relocating to Indianapolis from its home in Minneapolis, the organization announced today. The forum will be headquartered at the Indiana University Research and Technology Corp. campus on the downtown canal, and will hold one of its three annual conferences in Indianapolis on […]
Partners of the Indianapolis law firm of Locke Reynolds LLP late yesterday approved a merger with Frost Brown Todd LLC, a larger firm based in Louisville. The deal will be effective Jan. 5, said Locke Reynolds partner Jim Dimos, emphasizing the merger will allow the firm to better serve its clients. “We identified 10 regional […]
Luther King Capital Management Corp., a Fort Worth, Texas, money manager, has nearly doubled its stake in Indianapolis-based Emmis Communications Corp., a Securities and Exchange Commission filing says. The firm increased its number of shares to nearly 2 million, or about 6.2 percent of the total available. Luther King Capital also wants to discuss the […]
Open a local phone book or punch in a Google search on car dealers, and itâ??s immediately apparent Detroit
companies have many, many more dealers than their foreign competitors.
Chevrolet and Ford, for instance, each have more than a dozen dealers…
Debate over the Indy Racing League’s decision to partner with a Brazilian ethanol provider is still burning white hot. The one thing the IRL might have overlooked is that the in-fighting in the…
It has been a rough year for most in the real estate business. Home sales dropped precipitously, financing dried up and major projects hit the brakes. Will the carnage continue in 2009? Share your predictions. Blog host Cory Schouten is…
Indiana fell two rungs in an annual ranking of the health of state populations. The Hoosier state came in 34th in a report released today by UnitedHealth Foundation, the American Public Health Association, and the Partnership for Prevention. Indiana struggles for well-known reasons. Its smoking rate is sixth-highest, at 24.1 percent. Air pollution and preventable […]
A building abandoned by General Motors Corp. as it moved its once-extensive operations out of Anderson might be bought by an Anderson company that serves medical and aerospace companies. Hy-Tech Machining Systems LLC has agreed to buy the 240,000-square-foot Plant 18 for $425,000 – half the original asking price of $850,000, according to The Herald […]
We had a great crowd at the IBJ Night at the Movies screening of “Slumdog Millionaire.”
If you were there, let us know what you thought of the film.
SourceNet Inc., an Indianapolis-based temporary worker firm, has closed its East Chicago location, according to the Indiana Department of Workforce Development. Forty-eight workers are affected. The company, which serves large industrial and manufacturing clients, was not immediately available for comment.
Ice Miller may be the biggest law firm in Indianapolis, but it’s only a medium-sized player in the national landscape. That likely prompted Ice Miller and the smaller, Louisville-based firm of Greenebaum Doll & McDonald PLLC to merge in order to stay relevant. “You need to provide legal services in more than one jurisdiction to […]
Law firm mergers keep making news. IBJ Scott Olson reported this morning that Ice Miller is about to join
with Greenebaum Doll & McDonald in Louisville. In May, Sommer Barnard was absorbed by Taft Stettinius
&…
