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Chain system manufacturer Iwis Drive Systems LLC today said it will expand and relocate its Indianapolis operation, adding 40 employees to its roster of 18. A subsidiary of the Germany-based Iwis Group, the company plans to invest more than $1.5 million to upgrade equipment and move from its current facility near the Indianapolis airport to […]
Scholar’s Inn Bakehouse has closed its cafe at the corner of College and Broad Ripple avenues. The locally based chain still is operating the Scholar’s Inn Restaurant & Lounge along Mass Ave downtown, along with two bakehouse locations, a bed-and-breakfast and a restaurant in Bloomington. For more or to weigh in, go to IBJ’s Property […]
Property tax abatements granted by the city of Indianapolis last year should help create more jobs than in each of the previous three years. Numbers released by the city for 2008 show companies receiving abatements committed to 2,423 new jobs. Among the projects: – AIT Laboratories plans to create more than 130 jobs in the […]
In a previous blog, I mentioned reading “Red Skelton: The Mask Behind the Mask” (Indiana Historical Society Press) by Wes. D Gehring. I was asked for some additional thought. Well, here goes:
In the book, Gehring, a Ball State film professor…
Five weeks ago, Ball State quarterback Nate Davis’ stock was rising faster than Mel Kiper Jr.’s hairdo. Two games (both ugly losses), and heaven knows how many QB fumbles later (actually, it was…
The flow of life sciences venture capital tailed off in Indiana last year compared with 2007, but the state still attracted twice as many dollars as in 2006. Hoosier life sciences firms pulled in a combined $75.4 million in venture capital last year, according to data compiled by BioEnterprise, a Cleveland-based life sciences development group, […]
Emmis Communications Corp. announced growing losses this morning in its fiscal third-quarter financial statements. The Indianapolis media company said it lost $125.6 million in the period ended Nov. 30, compared to a loss of only $2.1 million in the same quarter a year ago. Emmis cited a non-cash impairment charge of $3.51 per share for the […]
Ten of Indiana native George Rickey’s towering kinetic sculptures are coming to downtown Indianapolis in May. The downtown exhibit will overlap this summer with a career survey of the influential artist’s work, hosted by the Indianapolis Art Center in Broad Ripple. Then pieces from both shows will travel to South Bend, where Rickey was born […]
Bloomington-based Author Solutions Inc. has purchased another provider of self-publishing services, more than doubling the Indiana firm’s employee base to 900. The acquisition of Philadelphia-based Xlibris, announced today, reflects further consolidation in the growing industry. In September 2007, Author Solutions bought Nebraska rival iUniverse. Terms of the deal were not disclosed. Xlibris employs 500 people […]
Could losing three of four anchors in a year’s time actually have a bright side for Lafayette Square Mall? Broker Clint Fultz thinks it might.
Macy’s decision to close its store at Lafayette Square could deal a devastating
blow to a mall already reeling from the loss of other major tenants.
Locally based race track designer Paxton Waters’ engine is burning white hot despite the freezing temperatures outside. While the race season is dormant, Waters’ business is pedal to the metal. “It doesn’t matter…
The British TV channel Sky Arts will be broadcasting English National Opera’s production of “La Boheme.” Nothing new there.
The twist is that it will, simultaniously, broadcast a live, behind-the-scenes, view. See story here.
If both were offered here, I’d guess that…
The restaurant, bar and concert venue Music Mill plans to shut down next month after a four-year run at 3720 E. 82nd St. near the Fashion Mall at Keystone. Music Mill’s lease was up and the sour economy has been taking a toll, said Nick Davidson, one of the owners. For more information or to weigh […]
The real estate market hasn’t been pretty, but there’s reason for optimism, the local office of Colliers Turley Martin Tucker says in its annual State of Real Estate Market Report. The firm reports that although investment sales have slowed to a crawl, office vacancies are rising and retail developments are on hold, there are plenty […]
The restaurant, bar and concert venue Music Mill plans to shut down next month after a four-year run at 3720 E. 82nd St. near the Fashion Mall…
Indiana University President Michael A. McRobbie ordered the school’s vice presidents, chancellors and deans to find $4.9 million in budget cuts immediately, in response to Gov. Mitch Daniels’ decision to trim IU’s state operating funds by that amount for the current fiscal year. The cut represents 0.2 percent of IU’s $2.6 billion annual budget. State […]
Indy Racing League team owner and driver Sarah Fisher this week signed an endorsement deal with SimCraft Racing Simulators. Fisher will appear at the company’s booth Jan. 8-11 at the 2009 International Consumer…
Tony Mason is leaving his post as executive director of the Circle City Classic to become senior vice president of the 2012 Indianapolis Super Bowl Host Committee. Mason, 42, is set to join the Super Bowl Host Committee in April and is expected to work closely with the John H. Boner Community Center to launch […]
Gov. Mitch Daniels said yesterday he wants to spare schools and public safety from the scalpel as he looks
to prepare an honestly balanced budget during a time of declining tax revenue.
But Democrats accuse the Republican of crimping…
