Friendship built on basketball was admirable
Jim Rosenstihl, an Indiana Basketball Hall of Fame coch, and Jim Limp, a retired Eli Lilly employee, together exemplified
an undying, unyielding, unrelenting friendship.
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Give thanks, and more, in tough times
As we hunker down and try to fend for ourselves during this difficult economy, don’t forget to support those who are even
less fortunate and
have been hit even harder than we have.
Faerber endures despite changes in its industry
Founded in 1983, Faerber’s Bee Window’s main product — windows — has changed dramatically, as has almost every aspect
of
its business, from manufacturing to marketing.
Billions lost in state pension-fund fallout
Indiana’s public pensions lost $5 billion in the 12 months ending Sept. 30.
Kenley to lead GOP budget negotiations
In the wake of the 2008 election, State Sen. Luke Kenley, R-Noblesville, has been promoted. to chairman of the powerful Senate
Appropriations Committee, which oversees the state budget.
Spark your holiday spirit with IRT’s creative version of ‘Carol’
Despite its annual appearance for many years during the holidays, “A Christmas Carol” continues to be produced creatively
by fine actors, directors and designers at the Indiana Repertory Theatre.
Automotive Finance Corp. writes off $162 million, reflecting slow auto sales
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
LOAN APPROVALS
LOAN APPROVALS SBA loans SBA loan guarantees for the month of October. These businesses have received loans from financial institutions with a guarantee from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled. 2 Indy Monkeys LLC, 5661 E. 86th St., Indianapolis, $300,000 from National City Bank. Ambrose Property […]
CORRECTION
CORRECTION The name of Sisters of St. Francis Health Services Inc. was incorrect in a page 1 story last week. Also, one of the two hospitals operated by Cardinal Health System is in Hartford City in Blackford County. The location of the hospital was unclear in the same story.
Little Rox revisits ’70s Pet Rocks fad
Little Rox offers 20 varieties of rocks, each tied to a character trait such as humility, honesty and tolerance, and sell
online for $15 each.
BANKRUPTCIES
BANKRUPTCIES Indiana Pipework Inc., 7845 S. Indianapolis Road, Zionsville, 46077. Chapter 11 reorganization. Assets: $1,291,486; liabilities: $2,390,610. New Wave Communications Inc., 231 Commerce Park Drive, Franklin, 46131. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Founder’s Plaza LLC, 3333 Founder’s Road, 46268. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Carter Enterprises Inc., P.O. Box 583, Arcadia, […]
Greensfork Township State Bank to acquire local startup that failed to live up to high hopes
A rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
Beck’s contribution helps with Habitat land purchase
Thanks to a $25,000 contribution from Beck’s Hybrids, Habitat for Humanity of Hamilton County was able to purchase land and
build its 50th home this year.
Self-made wealthy among most generous
The Center on Philanthropy at Indiana University found in a recent study of more than 4,840 charitable gifts worth $1 million
or more that self-made wealthy people gave the most —
often to nonprofits that rarely receive such large gifts.
Self-serve chili could help Charlie & Barney’s grow nationally
Charlie & Barney’s is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
Auto industry requires unparalleled effort
While America’s auto industry is being transformed to become efficient and environmentally conscious, put laid off auto employees
to work educating students.
Be open to change, as difficult as it may be
The movie, “The Visitor,” is a good reminder to be open to change because it can instill hope for the future.
Sashay Modeling and Finishing School successful in first year
After a 25-year real estate career, Claudia Lynch opened a modeling/acting school after she couldn’t find a quality school
where her own grandchildren could have fun, learn poise and gain confidence.
HHGregg looks to grow as other consumer electronic businesses falter
HH Gregg has grown from a local to a national consumer electronic store chain and has its eye on expanding further, given
Circuit City’s bankruptcy filing.
Despite recession, small businesses support charity
In the Indianapolis area, small-business owners told IBJ that they give in whatever
way they can, and would like to continue as long as their finances allow. But a Chronicle
of Philanthropy survey indicates that giving is already on the decline.