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The Indianapolis-based promotional products arm of Marc USA has been acquired for an undisclosed price by Evigna, a similar company headquartered in the Detroit suburb of Madison Heights. Evigna is owned by CITG Promotions LLC. Marc USA is based in Pittsburgh. Marc Promotions, which has an office near Eagle Creek Park and another in Columbus, […]
After weeks of talking, Mayor-elect Greg Ballard and the Indiana Convention & Visitors Association have
decided to shoot to host the 2012 Super Bowl.
It wasnâ??t so long ago â?? in May â?? that the NFL owners voted 17-15 to give…
Indianapolis will be making another go of it – bidding to lure the Super Bowl to the city, according to Indianapolis Convention & Visitors Association President Bob Bedell. The ICVA and Mayor-elect Greg Ballard’s transition team talked about bidding for the 2012 Super Bowl for weeks and have decided to move ahead on the plans, […]
We Hoosiers are getting value from the libraries, schools and other public services we fund with our taxes,
but not enough valueâ??at least according to Mike Hicks, who moved from Ohio this year to take over the Bureau
of Business…
Welcome to the IBJ A&E corner of the blogosophere—a salon of sorts where arts and entertainment issues large and small, local and national, low-, medium- and high-brow, will be discussed, debated, argued about and wrestled with.
It’s a place I hope…
A locally based data storage company has agreed to buy the former Eastgate Consumer Mall on the far east side and plans to invest $23 million to turn the 370,000-square-foot building into a high-tech data hub. This morning, executives with Lifeline Data Centers LLC joined Mayor Bart Peterson to announce the deal, which was first […]
The long-vacant Eastgate Consumer Mall finally is getting a new tenant: a data-storage and web-hosting company. City officials are planning an 11 a.m. announcement today detailing an expansion for locally based…
The long-vacant Eastgate Consumer Mall is getting a new tenant: Lifeline Data Centers. City officials are planning an 11 a.m. announcement today detailing an expansion for the locally based data-storage and Web-hosting company. Two people familiar with the announcement confirmed that Lifeline plans to reuse all or part of the 370,000-square-foot mall, which was built […]
Troubles in the residential mortgage market have ensnared local mall giant Simon Property Group Inc. Simon said today it plans a fourth-quarter write-off of $26 million, the entire value of its equity investment in a master-planned community proposed for a suburb of Phoenix. The loss is expected to reduce the company’s diluted net income by […]
Bob Bedell, president of the Indianapolis Convention & Visitors Association, announced today that he will step down at the end of June. “There is no good time, but this is the right time [to leave],” Bedell said, adding that he’s accomplished his goals of growing the association to handle a promised increase in business. “ICVA […]
A bank in Wabash has changed its name rather than go on battling confusion over seven other banks in the state operating with First Federal as part of their names – three of them within 50 miles. First Federal Savings Bank will be called Crossroads Bank when the new year begins, according to The Journal […]
Subaru of America Inc. has opted for the remainder of a Boone County warehouse it began leasing in January, the developers said yesterday. The Japanese automaker has taken 281,880 additional square feet to bring its total occupancy to 501,120 square feet, according to Indianapolis-based Browning Investments and ProLogis, a Denver-based logistics company. The warehouse is the […]
Carmel-based eGix Inc. has agreed to be acquired by Cincinnati Bell Inc. in a deal valued at $18 million, Cincinnati Bell announced today. eGix provides single-source voice and data services, plus high-speed Internet access and messaging products to about 17,000 customers, mainly in Indiana and Illinois, plus another 20 states. It has 57 employees and […]
Indiana is racking up auto assembly jobs at a time the nation as a whole is losing them, an Indiana Department of Workforce Development study shows. Employment in the industry shot up 53.1 percent, to 12,400, from 1997 to 2006, the study found. The jump doesn’t include continued gains this year or the 2,000 workers […]
Eli Lilly and Co. CEO Sidney Taurel says the company will continue reducing its work force – even through some job cuts – as the entire pharmaceutical industry tries to retool for a future without the kinds of mega-blockbusters that sustained it for decades. “We’re going to continue, year after year, with great intensity, to […]
The venerable Mini Marathon has a challenger.
As IBJ reporter Anthony Schoettle reports today, two sponsors have signed on to a half-marathon scheduled
just two weeks after the Mini, which is sold out.Race…
Community Health Network and Comcast Cable have signed on to sponsor a half-marathon scheduled for May and marketed as an alternative to those shut out of the popular Indianapolis 500 Festival Mini Marathon. The Mini, which is held May 3, is sold out with 35,000 entrants. Event organizers also are challenging those registered for the […]
Indianapolis-based YourEncore has launched new services designed to help life sciences companies plan for and obtain regulatory approval for new products. To run its regulatory services, YourEncore hired Carol Crowley, a 25-year veteran of the drug and device industry. Prior to joining YourEncore, Crowley was vice president of global regulatory operations for France-based Aventis SA, […]
Midland Arts & Antiques Market plans to open a 12,000-square-foot location in Carmel off of 126th Street between Meridian Street and Keystone Avenue. Midland’s flagship store occupies an historic former door factory and…
Autoline Industries Inc., an Indian parts supplier to car, recreational vehicle and tractor manufacturers, has acquired the North American jack and tool-kit business of Dura Automotive Systems Inc. of Rochester Hills, Mich. The sole location where the Dura unit makes the jacks and tools is in the northeastern Indiana town of Butler. The 140 employees […]
