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Carmel-based Gaylor Inc., one of the largest electrical contractors in the Indianapolis area, said yesterday that it has acquired Griffith Group Inc. in Lafayette. Terms of the deal were not disclosed. Griffith Group is an electrical, heating and cooling contractor that mainly services customers in Tippecanoe and Lake counties. The company has 25 employees. Gaylor […]
By J.K. [email protected] Eli Lilly and Co. has joined three of its fiercest rivals to invest $40 million in a Massachusetts-based biotech company with potentially breakthrough drug technology. Aileron Therapeutics announced the funding Monday from Indianapolis-based Lilly, as well as Novartis AG and Roche Holding AG, both based in Switzerland, and GlaxoSmithKline PLC, based in […]
Carmel-based Gaylor Inc., one of the largest electrical contractors in the Indianapolis area, said yesterday that it has acquired Griffith Group Inc. in Lafayette. Terms of the deal were not disclosed. Griffith Group is an electrical, heating and cooling contractor that mainly services customers in Tippecanoe and Lake counties. The company has 25 employees. Gaylor […]
Indianapolis Mayor Greg Ballard revealed improvements to the city’s sewer system today. It’s one of the largest federally mandated sewer-overflow projects in the country. Ballard joined the Department of Public Works for the announcement this morning at Combined Sewer Overflow downtown. Fox 59 will have more at 10 p.m.
Indiana farmers are nearly finished planting this year’s corn crop following a wet spring marked by repeated planting delays. The U.S. Agriculture Department’s weekly crop report says 90 percent of Indiana’s corn crop had been planted by Sunday. That compares with 93 percent at this time last year and a five-year average of 98 percent. […]
Eli Lilly and Co. has joined three of its fiercest rivals to invest $40 million in a Massachusetts-based biotech company with potentially breakthrough drug technology. Aileron Therapeutics announced the funding Monday from Indianapolis-based Lilly, as well as Novartis AG and Roche Holding AG, both based in Switzerland, and GlaxoSmithKline PLC, based in the United Kingdom. […]
Construction work on a new Kroger-anchored development along the Monon Trail at 86th Street is drawing the ire of Nora neighborhood leaders. They’re frustrated by the removal of trees and bushes along the trail by the project’s developer, locally based…
Central Indiana resident don’t yet know the full details of the latest CIB bailout forwarded by Gov. Mitch Daniels and Indianapolis Mayor Greg Ballard. When asked what happened to the Colts’ and Pacers’…
Italy’s Fiat is the new owner of the bulk of Chrysler’s assets, closing a deal today that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat’s CEO.The deal clears the way for a new, leaner Chrysler Group LLC to emerge from bankruptcy protection minus billions in debt, […]
Hot on the heals of its successful run of “Does This Show Make My Butt Look Big,” Theatre on the Square will soon announce a July opening for a new below-the-belt show, “America’s Next Top Bottom.”
The “inter-active, reality late-nite series,” a staple at…
The severe downturn in the economy caused charitable giving in the United States to drop last year for only the second time in more than 50 years, according to a report released today by the Giving USA Foundation. The Chicago-based foundation’s annual study was researched and written by Indiana University’s Center on Philanthropy, which is […]
Kentucky’s horse-racing industry would get a stimulus package of its own under Gov. Steve Beshear’s proposal to allow video gambling in the state, with the bulk of the proceeds going to the tracks. The Kentucky Lottery Corp. would oversee video slot machines to be allowed exclusively at race tracks in the state under the plan […]
Indiana House Democrats plan to offer a one-year state budget they say would give public schools a statewide average spending increase of 2 percent and guarantee that all districts get as much or more money in the next year as they got this year. Normal 0 false false false MicrosoftInternetExplorer4 “We want to make sure […]
Ever wonder why acquisition-minded CEO John Lechleiter has been cool to the idea of Eli Lilly and Co. buying Amylin Pharmaceuticals Inc., Lilly’s partner on the diabetes medicine Byetta? One reason might be that Lilly is developing its own entrant into the promising new class of GLP-1 diabetes drugs, which was pioneered by the 2005 […]
Preparations for the 2012 Super Bowl are apparently immune from the economic problems dogging Indianapolis these days. NFL vice president Frank Supovitz told city and business leaders yesterday that the city has exceeded other host sites in terms of financing and prep work. “When Indianapolis came in to present itself for the Super Bowl, all […]
The Supreme Court on Tuesday cleared the way for Chrysler’s partnership with Italy’s Fiat, rejecting an appeal by a trio of Indiana pension and contruction funds, consumer groups and others to block the automaker’s sale. The sale of Chrysler LLC’s assets to Fiat Group SpA had been expected to close more than a week ago, […]
Southern Indiana commercial furniture manufacturer Jasper Group notified the state’s Department of Workforce Development this week that 110 employees will lose their jobs in August when the company closes its Batesville plant. In addition, the Jasper-based company, which had about 650 employees before the announcement, told the Batesville Herald Tribune that it would shut down […]
Midwest Independent Transmission System Operator Inc. in Carmel announced today that it will create nearly 70 new jobs within the next five years. The company, which manages the flow of electricity for its member utilities in 13 states and a Canadian province, plans to invest about $110 million to upgrade computer equipment and software at […]
Home-sale agreements in the nine-county Indianapolis area remain well below levels of a year ago, according to a report released today by F.C. Tucker Co. Normal 0 false false false MicrosoftInternetExplorer4 Pended home sales in May were down 11 percent from the same month a year ago, falling from 2,501 to 2,227, the Indianapolis-based […]
Current and former workers at Eli Lilly and Co. have narrowed the scope of their racial discrimination lawsuit against the Indianapolis-based drug company. Lawyers for the workers asked a judge in U.S. District Court in Indianapolis today to accept a third amended complaint that charges Lilly with discrimination in pay and promotions against African-American employees. […]
