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Indy developer gets green light in Shelbyville

June 20, 2008

Cedar Run Investments LLC, owned by Indianapolis developer Tim Shrout, has received the go-ahead from the Shelby County Plan Commission to build an industrial park in Shelbyville. The project will target suppliers to the Honda Manufacturing of Indiana plant in nearby Greensburg. The commission voted Wednesday to rezone 100 acres from agriculture to manufacturing, according […]

Auto parts maker closing Scottsburg factory

June 20, 2008

Freudenberg-NOK is shutting down a brake-parts plant it operates in the southern Indiana town of Scottsburg, throwing 135 out of work. The work will be moved to Queretaro in central Mexico to cut costs and follow auto-making customers that are adding locations in the area, according to WHAS-TV Channel 11 in Louisville. Headquartered in the […]

Hundreds in Fort Wayne take GM buyout

June 20, 2008

More than 460 workers at General Motors Corp.’s pickup truck assembly plant in Fort Wayne are taking early retirement or a buyout offer as part of the automaker’s most recent round of buyouts. The workers will leave GM on July 1, according to The Journal Gazette of Fort Wayne. The plant has 2,700 employees. Some […]

BREAKING: Steak n Shake dissident named chairman

June 19, 2008

A dissident investor who promised to overhaul the struggling Steak n Shake Co. now will get his chance as the company’s chairman. Steak n Shake said today that Sardar Biglari has been appointed chairman, replacing Interim Chairman Wayne L. Kelley. Biglari and his San Antonio-based Lion Fund have been agitating for tighter cost controls, improved […]

DC: Backstage at the Kennedy Center

June 19, 2008

The latest in a serious of reports from the American Theatre Critics Association conference in Washington, D.C. 

It’s past intermission, but I chose not to go back into the theater. Stomach issues, I claim. Truth is, I saw a much better directed, better…

NBC bets on ND to turn it around

June 19, 2008

Notre Dame is renewing its television contract with NBC.

The university and NBC announced today they have agreed on a five-year deal that runs through the 2015 season. The current contract—which paid Notre Dame…

Hendricks hospital launching $60M expansion

June 19, 2008

Hendricks Regional Health will spend $60 million to add 205,000 square feet to its Danville hospital, the system announced today. The expansion will begin right away with a scheduled completion in January 2010. At that time, Hendricks Regional will boast 789,000 square feet at its Danville facility. The new three-story wing will house six operating […]

LaCrosse Footwear adding warehouse in Lebanon

June 19, 2008

LaCrosse Footwear Inc., the Portland, Ore.-based seller of work and outdoor boots, has contracted with Browning Investments Inc. and ProLogis to build a warehouse in the Boone County community of Whitestown. The 380,000-square-foot facility will be located in Park 267, an industrial park that Indianapolis-based Browning and ProLogis are developing near State Road 267 and […]

IU’s Gordon appears headed west

June 19, 2008

The Indiana Pacers’ Larry Bird won’t have to worry about fan reaction if he doesn’t select Indiana University guard Eric Gordon with the team’s No. 11 overall pick in the June 26 National Basketball Association…

IU, Purdue to seek $70M for life science pact

June 19, 2008

Two years ago, Indiana University School of Medicine officials showed up at the Indiana Statehouse holding out their hands for $80 million. In exchange they promised to boost Indiana’s life sciences industries and train more doctors for the state. State lawmakers responded with a little money and a lot of homework. They gave IU $15 […]

Humane Society CEO steps down

June 19, 2008

Six years after taking the helm of the struggling Humane Society of Indianapolis, CEO Martha Boden has left the not-for-profit as the agency’s board looks to transform it into a “smaller, leaner organization,” Chairman David Horth said. “It became obvious to the HSI board, and to Martha, that it no longer made sense for any […]

DC: Dancing with Presidents

June 19, 2008

We’re on the stage of the National Theatre, rich in history but on the verge of irrelevance. With a mere 1675 seats, it’s difficult to compete for tours and concerts with the Kennedy Center and other larger houses.

This is…

Software startup to expand downtown

June 18, 2008

A new software company that’s developing music-teaching software plans to locate its headquarters in Stutz Business Center downtown and create 100 jobs by 2015. Musical DNA LLC will invest $2.3 million in the headquarters and development center, Indiana Economic Development Corp. announced yesterday. The company, which has 15 employees, received performance-based commitments of $1.1 million […]

Big Ten Network war takes toll

June 18, 2008

It appears that the Big Ten Network’s fight with Comcast Cable is about over.

IBJ reported May 2 that sources close to Comcast Cable and the Big Ten Network said that an agreement to…

Analysts: Flooding to sap barge builder

June 18, 2008

Flooding on the Mississippi River will wipe out second-quarter profit for American Commercial Lines Inc., analysts at Stifel Nicolaus said in a report yesterday. Stifel Nicolaus had anticipated profit of 10 cents a share; now, the analysts expect the company to only break even. American Commercial Lines, which is headquartered in the Ohio River town […]

Renaissance Bay & SpongeBob

June 18, 2008

A huge condo project along Keystone Avenue at 78th Street is coming out of the ground fast, and the developers now are offering tours to potential buyers. The $150-million…

Can all-star hoops game survive?

June 18, 2008

After the Indiana vs. Kentucky All-Star basketball games at Conseco Fieldhouse June 13, drew only 5,097 spectators, some within the local hoops community are calling for changes.

Sports marketers said moving the game from Saturday to Friday hurt attendance. Others suggested…

Toyota cutting Tundra production again

June 18, 2008

Assembly of Tundra full-size pickup trucks will be slowed at Toyota’s plant in Princeton and its new plant near San Antonio for the second time in four months. The Princeton plant will be idled for six production days until the end of August, according to Bloomberg. However, Toyota is not planning to shift all production […]

DC: Dinner with Harry Hamlin

June 18, 2008

“Hi, I’m Harry,” he says, shaking my hand.

And when he sits down at our table, a woman next to him asks, “Who do you write for?”

That’s the standard first question here at the American Theatre Critics Association conference in Washington. But, in this case,…

Chromcraft CEO suddenly steps down

June 18, 2008

The chairman and CEO of unprofitable Chromcraft Revington Inc. will resign at the end of the month, the West Lafayette-based furniture maker announced late yesterday. Benjamin Anderson-Ray and the company arrived at the decision together, Chromcraft said. “At this time it is appropriate for me to step out of the leadership of the company to […]

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