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Eli Lilly and Co. today said it would plow ahead with plans to develop an inhaled insulin product even as competitor Pfizer Inc. announced it would stop making its poor-selling Exubera version. Lilly President and Chief Operating Officer made the comment while discussing the Indianapolis drugmaker’s third-quarter results. Profit was up 6 percent, to $926.3 […]
Peoples Management Resource, a New York development company, is negotiating to buy as many as 800 acres near Daleville for a possible entertainment and recreation complex, according to the The Star Press in nearby Muncie. The project near Interstate 69 and State Road 67 would include hotels, stores, an indoor water park and a skating […]
Work on the renovation of Jefferson Plaza (soon to be Allen Plaza) began this week as construction workers raised an Allen Commercial Group flag over the plaza. It replaces a worn-out state…
Tanasha L. Anders has been appointed interim president and CEO of Indiana Black Expo Inc. after former president and CEO Joyce Rogers resigned earlier this month to join Ivy Tech Community College as vice president of development. Anders has been vice president of Black Expo’s youth and family programs and started the Expo’s State of […]
Southport shakeup. Big changes are underway at Southport and Gray roads on the south side. An LA Fitness, the city’s third, is under construction on 4.5 acres west of Gray Road. The…
A dispute between two local companies over intellectual property rights to the Graston physical therapy technique has been settled-again-three years after the parties reached their original settlement. This time, the agreement is better defined, said Michael I. Arnolt, the president of the party that forced the issue in court, TherapyCare Resources. The newest agreement, reached […]
Five state Democratic lawmakers from Anderson, Muncie and Pendleton have written a letter to Indiana Secretary of Commerce Nate Feltman to say they’re upset that their constituents were prevented from applying for the 2,000 production jobs created by the Honda Manufacturing of Indiana plant in Greensburg. The lawmakers say their constituents should be able to […]
Profit at Fort Wayne-based Steel Dynamics Inc. increased 12 percent, to $101 million, in the third quarter on across-the-board increases in its businesses. The steel recycler said today that revenue swelled 27 percent from the $876 million of a year earlier. The improvement came despite softness in flat-rolled steel and some slowness in certain bar […]
The Port Authority of Evansville may approve spending $50,000 for a feasibility study to build an inland harbor near Howell Yards railroad yard, reports the Courier & Press. The project would require cutting into the land to form a water harbor where barges could be brought. The need for an inland harbor is in response […]
Democrats are accusing the state Republican Party of negative campaigning after the party mailed cards to residents of South Bend claiming that businesses are leaving the city, among other problems. “RIP,” said the card, which has a picture of a tombstone. “Here lies South Bend, a once vibrant city now abandoned by business, overrun by […]
Champps near The Fashion Mall at Keystone can’t serve alcohol for 15 days because of an excise violation in 2005. The suspension is part of an agreement the restaurant reached with the state…
Two of the city’s largest real estate agencies, both affiliates of Century 21, have agreed to merge and be headquartered in Carmel. Century 21 At The Crossing and Century 21 Scheetz will join, creating a company with more than 300 agents and five offices in the Indianapolis area, including downtown, Carmel, Zionsville and Greenwood. The […]
Pepsico and Johnson & Johnson are among several big companies that have sued Bloomington-based International Outsourcing Services to try to recover $150 million the companies say they were bilked out of in a coupon scheme. The suit, filed Oct. 12 in Milwaukee, claims International Outsourcing turned in invoices for coupons that had not been used, […]
Ad agency Publicis Indianapolis is suddenly scoring with sports. Though it was not known for sports marketing before this year, Publicis’ local office has nabbed two high-profile sports clients in recent months, with the Indiana Fever announcing yesterday they have struck an agency-of-record deal with the firm. Earlier this year, Publicis replaced Pearson Partners-formerly Pearson […]
More than 400 tickets have been sold for flights among Indianapolis, Evansville and South Bend on Massachusetts-based Cape Air, a month before the commuter airliner begins service, reports the Evansville Courier & Press. Cape Air, which will begin flying Nov. 13, will offer direct Evansville-to-Indianapolis and Indianapolis-to-South Bend flights. The commuter airline company in August […]
Ice River Springs, a water bottler headquartered in Ontario, Canada, will build a $20 million, 273,000-square-foot plant in Kentland, according to the Indiana Economic Development Corp. The project in the town between Gary and Lafayette will employ as many as 100 to bottle purified water as well as water taken from a spring. The plant […]
A developer is taking another shot at a condo project along Winthrop Avenue in Broad Ripple. The project was denied at a rezoning hearing June 20. The Metropolitan Development Commission is scheduled to consider a new plan Wednesday that calls…
A supplier to Toyota Motor Manufacturing said today that it will build a 201,000-square-foot plant to manufacture seat frames for at least one Toyota model assembled at the sprawling Princeton plant. Toyota Boshoku Corp., which is based in Japan but is not part of the giant automaker, will locate the plant and its 200-plus workers […]
Fort Benjamin Harrison Reuse Authority has named Cassandra Ashley-Jordan to replace Ehren Bingaman as executive director. Bingaman resigned in August to become the first executive director of the Central Indiana Regional Transportation Authority, which was created by state statute in 2004 to coordinate public transit in the nine-county area. Ashley-Jordan is an environmental scientist and […]
Indianapolis-based WellPoint Inc. has opened its location at Indianapolis International Airport for handling specialty drugs. The 126,000-square-foot site within the former United Airlines maintenance hangar has automated handling equipment and a call center. It is staffed with 400 workers and is slated to grow to 900 before 2010. Pharmaceuticals handled through PrecisionRx Specialty Solutions often […]
