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Conseco Inc. reported today that it has been working with investment bank Morgan Stanley for months to explore “strategic alternatives” for the company – a phrase often used when a company is searching for a buyer. Carmel-based Conseco made the announcement this morning as it declined a request from one of its largest investors, Steel […]
Lots of people laughed last week at the Fort Wayne law firm that called police about a suspicious gift
bag it received. The suspicious package had come from a man who was being sued by a client of the…
Pilkington North America Inc. has temporarily laid off 250 workers at its Shelbyville plant as General Motors Corp. slows production due to a strike at another one of its suppliers, Detroit-based American Axle and Manufacturing Inc. The Shelbyville glass-making plant, which employs 400, might shut down through April 1, according to the Shelbyville News. Pilkington […]
Spotlight on Tippecanoe County The name was adapted from Keth-tip-pe-can-nunk, the Indian name of an 18th-century trading post in the area. 5 LARGEST CITIES/TOWNS population Lafayette ……………………………………61,244 West Lafayette …………………………….28,997 Shadeland …………………………………..1,667 Battle Ground ……………………………….1,368 Otterbein ……………………………………..1,243 5 LARGEST EMPLOYERS employees Purdue University …………………………14,528 Wabash National …………………………..3,200 Lafayette Hospital Inc. …………………….2,400 Subaru of Indiana Automotive […]
MADISON COUNTY Flagship Enterprise Center names interim head DeWayne Landwehr has been named interim executive director of the Flagship Enterprise Center in Anderson. Most recently, Landwehr served as director of operations at the Anderson Business Incubator. Dur ing his 18 months there, Landwehr identified clients and assessed their prospects. Landwehr also established one of only […]
MONROE COUNTY More apartments for B-town Developers are working on plans for several new apartment projects in Bloomington. The college town adds new units virtually every summer, and the latest crop includes several infill projects-many of which will be built atop retail space. Bloomington businessman Rob Friedman has two projects in the works: a 9,400-square-foot […]
SHELBY COUNTY Puck’s set to open restaurant at expanded Indiana Downs Hollywood, Beverly Hills, Las Vegas and … Shelbyville, Ind. That’s right. Shelbyville will actually have something in common with those glitzy cities when celebrity chef Wolfgang Puck opens a restaurant in the expanded Indiana Downs “racino.” Puck will open his 17th Puck’s restaurant as […]
JOHNSON COUNTY Plan may improve Old Town Greenwood city engineers recently concluded that a building dating back to 1860 in the Old Town district might need to come down to ease congestion and allow growth in the historic region of the city south of Indianapolis. The Van Valer Law Firm building and other structures on […]
Hoosier Heartland Highway pumps up hope on prairie Expressway construction starting two years early LAFAYETTE-For years, they’ve driven on little more than paved-over wagon trails pioneers carved into the hills nestling the Wabash River. Motorists on State Road 25 between Logansport and Lafayette have grown desperate for a replacement: the final, 33-mile western leg of […]
HAMILTON COUNTY Carmel lauded for wastewater purification leadership Carmel’s wastewater treatment process is so innovative that it’s been judged a “best practice.” The Washington, D.C.-based National League of Cities maintains a database of best practices for its 18,000 members. In October 2005, Carmel opened the nation’s first municipal BioPasteur system to process solid biological waste, […]
HENDRICKS COUNTY Pretzels moving into Brownsburg – s Hanover will open a 176,000-square-foot warehouse in Brownsburg that could employ up to 40 workers. It will be Synder’s first distribution center in Indiana, according to Lauth Property Group spokesman Marc Lotter. The pretzel maker is leasing one-third of the space in Eaglepoint Five, a building in […]
Fast-growing burb gets branded HANCOCK COUNTY – McCordsville may be a small town, but it thinks big. The fast-growing suburb in northwestern Hancock County has hired a marketing firm, Indianapolis-based Hirons & Co., to launch the brand, er … town. “Next Stop McCordsville” is the new slogan, complete with an interurban rail car, harkening to […]
BOONE COUNTY Zoning approval sought for assisted-living center An assisted-living provider is seeking to rezone property on Michigan Road north of 116th Street to construct a facility that would include 200 residential units and an Alzheimer’s wing. The company is in the beginning stages of the approval process. The company’s identity will be revealed after […]
Rapid growth in the high-tech fields of biotechnology and life science has made Indiana a shining example of how promoting emerging industries can transform an agricultural and manufacturingbased economy into a national leader in innovation. It has done so by creating an environment in which knowledge-based businesses can thrive. Building on this success, Indiana continues to position itself as a leader in emerging technologies. A new tax law that took effect this year will present another major step toward this…
I know you have a good heart. Evidence is beginning to mount, however, that we are sliding down a path we cannot easily climb back up. In the vernacular of my old hood, Ben you are killing us! The world is faced with two problems, massively slowing growth and accelerating inflation. You picked the slowing growth side to attack head on. You and your back-room cronies slashed interest rates from 5.25 percent in August to 3 percent now, with more…
“How can we have greater influence on our employees? We hire good people, we spend lots of money to train them, we tell them specifically what we want, and we motivate them to comply. In spite of all of these efforts, too often we still don’t get the desired response.” As a psychologist, I’m often asked this type of question, and I know the answer is complicated. Sometimes the employee has personal, i.e. psychological, reasons for not performing. But as…
At IBJ press time, the General Assembly was set to close another session without significant change to the state’s complex alcohol distribution system, ensuring another year of wrangling between wineries and wholesalers. A proposal to raise the direct shipping limit to 10,000 cases failed. So did a broader deregulation bill brought by a new Indiana wine drinker’s group, VinSense.
Professional and collegiate basketball are on the brink of a landmark agreement that hoops insiders said will change the landscape
of the sport in this country. Proponents say it would be good for basketball, but others say it’s an attempt to further commercialize
the sport.
A friend of mine did a project once with Indiana rocker John Mellencamp and said he was one of the biggest jerks he’d ever met. It put a bad taste in my mouth. Not one who was wild about his music to begin with, I liked him even less after that. Well, the Hoosier musical icon was inducted into the Rock and Roll Hall of Fame March 10 after failing to get enough votes when nominated in both 2003 and…
A federal bill expected to receive a vote from the Senate this year would trigger the most radical changes to the U.S. patent system in more than 50 years. Supporters of the Patent Reform Act of 2007 want to switch to a “first-to-file” system that would grant patent rights to the first person to file an application. The United States is the lone country still using a “first-to-invent” system that rewards an inventor who first conceives the innovation, even if…
