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A timber investment firm has bought nearly 12,000 acres of Kentucky woodland owned by Jasper-based furniture and electronics manufacturer Kimball International Inc. The auction yielded $24.5 million for the property, which fronts the Ohio River near Evansville and has been the scene of numerous outdoor and hunting television shows. Buying the entire tract was Forest […]
I’m still a little groggy from the midnight showing of “Quantum of Solace” last night, so I’m kicking off a new occassional short-attention-span feature here that I’m calling Quick Notes Friday. Welcome aboard.
–This was actually my second time seeing the…
Approximately 500 workers building an ethanol plant in Mount Vernon were pulled off the project yesterday, according to WFIE Channel 14 in Evansville. The plant was announced in 2006 by Aventine Renewable Energy LLC of Pekin, Ill., with intentions of bringing it online by 2010. Late last month, Aventine said in its third-quarter earnings report […]
Directors of the New Castle-Henry County Economic Development Corp. voted yesterday to oust their president following allegations that he stalked his former wife. Bryan Coats was arrested on Oct. 7 on preliminary charges of burglary and stalking after allegedly breaking into the former wife’s home in Randolph County. Formal charges have not been filed. Police […]
An Indianapolis company that specializes in designing and building schools is planning a move to Anson near Whitestown as part of an expansion that will double the size of its work force, according to the Lebanon Reporter. Performance Services currently is headquartered at 8777 Purdue Road on the northwest side. The new, 25,000-square-foot headquarters is […]
A group of Ball State University technology students has a plan to make some serious noise for the school’s nationally ranked and undefeated football team.
The BSU students developed an electronic “chirp” for their…
If General Motors Corp. were to collapse into bankruptcy, Indiana would be clobbered, says Indiana Manufacturers Association President Pat Kiely. Credit markets already roiled by the financial crisis would be unlikely to extend the bridge financing GM would need to survive a restructuring, Kiely said, and most consumers would be unwilling to buy the cars. […]
Kokomo’s legislative delegation should do all it can in the next General Assembly to ensure the city is linked to the Indianapolis area by high-speed rail, Mayor Greg Goodnight told the Kokomo Tribune. High-speed rail could get a boost from President-elect Barack Obama, who has shown support for the Midwest Regional Rail System, an initiative […]
Indianapolis-based Eli Lilly and Co. said today that its workers and retirees contributed $11.1 million to the 2008 fundraising campaign of United Way of Central Indiana and other United Way chapters. The contribution includes a matching gift from Lilly Foundation. Lilly said it exceeded its goal by $100,000. The overall donation amounts to nearly 23 […]
A whirlwind of a day started with my earlier-than-usual weekly Fox 59 segment (if you missed it, you can catch it here later today) and will end with the IBJ Night at the Movies midnight screening of “Quantum of Solace”…
Officials of Indianapolis-based HHGregg Inc. are buying tens of thousands of shares in the appliance and electronics retailer at a time when the stock is trading at its lowest level since Gregg’s initial public offering in July 2007. This week: -Chairman and CEO Jerry W. Throgmartin bought 41,050 shares for $4.83 to $5.05 each. -Gregg […]
Sales of houses in the Indianapolis area dipped 12.3 percent, to 1,838, in October from the same month last year, the Indianapolis real estate brokerage F.C. Tucker Co. said yesterday. Year-to-date sales are down 11.3 percent, said Tucker, which based the figures on data gathered by the Metropolitan Indianapolis Board of Realtors. Eight local counties […]
Tonight is a big night for Greg Oden. It marks his return after an ankle injury during the season opener. But Portland Trailblazers owners, coaches and fans won’t be the only ones with…
Mitch Daniels has plenty of reason to feel good about himself these days.
Last week, he won reelection in a landslide after cutting a wake through a change-averse state, and without
going negative on his opponent, Jill Long Thompson.
Daniels also needs…
Indianapolis‘ house construction market won’t recover for at least another year, according to a forecast issued today by Metrostudy, a Houston research firm. The supply of vacant lots has soared to 54.5 months from an average of 20 to 24 months before the housing bust, Metrostudy said. In some submarkets outside Indianapolis where speculation was […]
Small-town newspaper editors know that the more names of people they cram into each issue, the better the
chances someone will pick up the paper.
Now the principle has caught on in a big way with the largest publications â?? and…
It was encouraging to a see a packed house at the Central Library for the Nov. 9 performance of “Powered by Poetry– Whirl of the Divine.”
It was even better to see that the production itself–a collaboration between Butler University Departments…
A booming business collecting overdue student loans has prompted Premiere Credit of North America to launch an expansion of its Indianapolis headquarters that will add 300 workers. The expansion will more than double Premiere’s work force, according to the Indiana Economic Development Corp. Premier will spend more than $4 million on the expansion at its […]
Medical tourism is getting the attention of two Indianapolis-area insurance companies. Carmel-based Seven Corners announced yesterday that it will offer coverage for medical complications if they arise during or after a trip overseas to receive surgery. Seven Corners claims it is the first insurer to offer such coverage. Also, Indianapolis-based WellPoint Inc. has been working […]
FinishMaster Inc. turned a $4.8 million profit in the third quarter, nearly identical to its net income of a year earlier, due to three acquisitions. Sales increased 4.1 percent to $123 million, the Indianapolis-based automotive paint distributor said yesterday. Without the acquisitions, sales would have been flat. FinishMaster shares closed at $18.85 yesterday, down from […]
