To refine your search through our archives use our Advanced Search
Indiana’s two horse tracks could change hands as investors race to come up with the $250 million required to add thousands
of slot machines. The steep cost of a state license combined with the potential of a lucrative payoff has stakeholders in
Shelbyville-based Indiana Downs and Anderson-based Hoosier Park jockeying for position.
An Indianapolis firm that helped haul away the demolished DaimlerChrysler Corp. foundry last year has placed a mechanic’s
lien on the automaker’s property, potentially complicating the sale of the 34 acres already challenged by environmental issues.
It seems that, in the phone world, everybody loves small businesses these days. AT&T, central Indiana’s primary landline provider, is highlighting small-business offerings in its recently re-branded Cingular stores throughout the region. Cable company Comcast, meanwhile, is rolling out its small-business phone options over local lines and Bright House Networks plans to get in the game within a year. Then there are the scrappy, independent providers such as locally based Indiana Telephone Co. Inc., which have expanded their offerings to…
Lloyd W. Benjamin III today said he will step down as president of Indiana State University when his contract expires June 30, 2008. Benjamin has been president of the Terre Haute university for seven years. He said he and his wife have other personal and professional ambitions they’d like to pursue.
Flagstar Bank will likely vacate one of downtown’s highest visibility corners, at Meridian and Washington streets, later this year. Midland Atlantic is marketing the 3,500-square-foot space in 2 N. Meridian St. as an…
Cohesant Technologies Inc. today posted fiscal second-quarter profit of $77,835, compared with profit of $502,254 a year earlier. Revenue of $7.4 million was up from $6.8 million. The Indianapolis company, which makes pipes and coating products for the water and wastewater markets, said the most recent quarter was hit by losses in its rehabilitation, and […]
Crawfordsville Road Partners LLC has bought 19 acres at the southeast corner of Interstates 465 and 74 on the west side with visions of attracting motorsports companies and hotels. Terms were not disclosed. The location is expected to benefit from being situated between Indianapolis Motor Speedway and O’Reilly Raceway Park, according to Meridian Real Estate, […]
University of Iowa regents this afternoon named Purdue University Provost Sally Mason president in a move anticipated in media reports yesterday. Mason, 57, was passed over for Purdue president in May in favor of University of California Riverside Chancellor France Cordova. IUPUI Chancellor Charles Bantz also was among four finalists
About 70 of the 100 jobs Veolia Water plans to create in Indianapolis in a relocation of its Houston headquarters will be in finance, accounting, information technology, and technical and support services, and pay an average compensation of $100,000 a year. Although some of the positions will be transferred from Houston, most will be filled […]
Downtown’s Jefferson Plaza is getting a facelift and a new name. Developer J. Greg Allen says he’s talking with three potential restaurants interested in opening on the first floor with outdoor dining…
The relocation of Veolia Water’s North American headquarters to Indianapolis from Houston will bring about 100 jobs, according to a source close to the announcement. Mayor Bart Peterson and Gov. Mitch Daniels have scheduled a news conference at 3:30 this afternoon to announce the relocation. Veolia Water manages all operations, maintenance and customer-service facets of […]
Mayor Bart Peterson and Gov. Mitch Daniels have scheduled a news conference this afternoon at 3:30 to announce a “corporate relocation of North American operations to Indianapolis.” The news release about the announcement contains a file attachment labeled Veolia Water. Veolia Water is the Houston-based water division of Veolia Environment, which is based in France. […]
Indianapolis-based Bell Industries Inc. has agreed to sell some of its assets to Sprint Nextel Corp. for about $13.5 million in cash. The assets being sold represent stock ownership in certain wireless communications bandwidths that Bell acquired as part of its purchase of Jackson, Miss.-based SkyTel Corp., a wireless data and messaging company, in January […]
Indiana University trustees are expected during meetings today and tomorrow to declare several properties near downtown Bloomington as surplus, and set about finding developers to take them over. The properties, which include buildings for food storage and printing services, could open the way for the city’s certified technology park to blossom with more life science […]
Wayne Taylor Racing, which competes in the Grand American Road Racing Association, will expand into a new location at 7950 Georgetown Road and add 20 workers to the current nine, Indy Partnership said today. The move from Park Fletcher involves expanding manufacturing and engine development, and the new workers will be paid an average of […]
Purdue University Provost Sally Mason will be chosen president of the University of Iowa during a regents meeting tomorrow, according to The Des Moines Register, quoting an anonymous source. Mason was passed over for Purdue president in May in favor of University of California Riverside Chancellor France Cordova. IUPUI Chancellor Charles Bantz also was among four finalists.
The Speedway Redevelopment Commission has unveiled its vision for the redevelopment of 400 acres bordered by Main Street, Olin Avenue, and 10th and 16th streets. They’re calling it The Speed Zone and want…
A decade of strong profits for steelmakers is looming, experts said during the Steel Success Strategies conference underway in New York City this week. Demand is higher than expected, steelmakers are quicker to cut production when prices decline, supplies tighten during times of strong demand, and China is less of a threat, according to the […]
If you’ve driven north on Delaware Street toward 16th, you’ve seen this billboard. But did you notice the Herron-Morton home behind it? The house is for sale, and it’s one of the most interesting listing I’ve seen in a while….
Weeks after Indianapolis sued AT&T Indiana for costly delays in relocating phones wire for a road project, Hendricks County officials say the phone company has put them behind schedule and thousands of dollars over budget. The delays raise questions whether AT&T’s ambitious rollout of its “Project Lightspeed” offering of telephone line-based video service to compete […]
