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Hill-Rom lays off 160 in streamlining

August 15, 2008

Hill-Rom Holdings Inc., the giant hospital equipment maker, said today it has laid off 160 workers across its global operations, including about 50 at its headquarters in Batesville. The layoff amounts to fewer than 3 percent of Hill-Rom’s work force. Most were managers. The Batesville office attracts many workers from Indianapolis and Cincinnati, said spokeswoman […]

New rendering: Zing

August 15, 2008

Here’s the overall vision for the new Zing restaurant at 543 Indiana Ave. By the way, I’m told the galvanized steel has to cure for one year before they paint it black. The restaurant should open in a couple weeks….

Theismann calls LOS NFL’s finest

August 15, 2008

Joe Theismann has been inside every single National Football League stadium. The former quarterback and TV announcer said yesterday that the new Lucas Oil Stadium is a one-of-a-kind.

“I’m not saying it’s one of the best…

Is college for everyone?

August 15, 2008

Parents and teachers for more than a generation have steered students toward college and white-collar work,
and few states need the graduates more than Indiana, which has one of the lowest levels of college attainment
in the country.

Lost in the…

CTI Group swings to loss

August 15, 2008

Indianapolis-based CTI Group Holdings Inc. reported $533,412 in red ink in the second quarter after turning a $48,957 profit a year earlier. The company, which focuses on software for enterprise networks and telecommunication services providers, attributed the loss to ongoing costs to enforce its patents. CTI stock, which closed yesterday at 34 cents per share, […]

‘American Teen’–your comments

August 15, 2008

So were you there at the IBJ Night at the Movies screening of “American Teen,” the high school documentary shot in Warsaw,
Indiana?

Let us know what you thought of the film.

George named motorcyclist of year

August 14, 2008

Indianapolis Motor Speedway CEO Tony George has been named 2008 “Motorcyclist of the Year” by Motorcyclist, one of the most widely circulated motorcycle magazines in the U.S., for his efforts to bring the…

Former Union Federal exec joins Salin Bank

August 14, 2008

Alvin T. “Kit” Stolen III has joined Salin Bank & Trust Co. as president and chief operating officer. Stolen, 52, was president and CEO of Union Federal Bank in Indianapolis until January 2007, when the bank’s transition to new ownership under Sky Financial Group Inc. of Bowling Green, Ohio, was complete. Sky was acquired in […]

Emmis cuts magazine positions, salaries

August 14, 2008

Emmis Communications Corp. has cut an undisclosed number of positions from its magazine-publishing arm, the Indianapolis radio and publishing company said today. The positions, which amounted to 4.6 percent of its magazine staff, were eliminated through attrition in Indianapolis and through layoffs at other locations, spokeswoman Kate Snedeker said in an e-mail. Salaries of existing […]

Glendale lands Flat Top Grill

August 14, 2008

Indy is becoming a hotbed for chain stir-fry restaurants. A popular player, Flat Top Grill, has signed a letter of intent with developer Kite Realty Group Trust to open a new…

Polaris adding 80 jobs in expansion

August 14, 2008

Polaris Laboratories LLC, an Indianapolis company that analyzes oil, fuel and coolants, plans to create 80 jobs in the next six years, Indiana Economic Development Corp. said today. Polaris, which has 84 workers and is based at 7898 Zionsville Road on the far northwest side, will spend $1.65 million to add 10,000 square feet to […]

Turnaround may be in offing, observers say

August 14, 2008

Companies are quietly planning expansion projects despite woes that continue to unfold in housing, finance and other hard-hit industries, Indianapolis-area economic development officials say. The officials’ experiences differ, but a couple of them contacted in a spot check say requests for information from expansion-minded companies are becoming more common, and another says activity hasn’t fallen […]

Thoughts on Gen Con Indy

August 14, 2008

No, I’m not going to mock the costumed hoards that are converging on the Convention Center over the next few days for Gen Con. Instead, I’m just going to share some observations on the event, its people, and its…

Lucas Oil Stadium and Mail Pouch

August 14, 2008

Lucas Oil Stadium has nabbed lots of favorable reviews for its retro look, sliding widows looking onto downtown
and retractable roof.

Now a question.

What do you think about the Lucas Oil Stadium name painted in white on the black roof? Does…

Cummins looked outside state for office project

August 14, 2008

The 500-employee office complex Cummins Inc. is building near its headquarters in downtown Columbus might have ended up in another state had the city not offered to pay for a new parking garage. The claim came Tuesday during Mayor Fred Armstrong’s mid-year State of the City report, according to The Republic of Columbus. Armstrong’s remarks […]

Dakota ethanol firm targets Indiana for new plant

August 14, 2008

Poet LLC, a Sioux Falls, S.D., ethanol distiller, wants to build a fourth plant in Indiana, according to The Journal & Courier of Lafayette. The $260 million plant would be located at West Lebanon, which is west of Lafayette, and produce 115 million gallons a year. Poet operates sites in Jay and Madison counties and […]

Alcoa-made springboards used in Olympics

August 14, 2008

Olympic divers in Beijing are jumping off aluminum springboards made at Alcoa Inc.’s plant in Lafayette, according to The Journal & Courier of Lafayette. The boards were extruded in Lafayette and sent to a Nevada company, Duraflex International, to be finished and coated. The Lafayette plant also supplied boards used in U.S. Olympics Diving Trials […]

House sales fall nearly 9 percent in July

August 13, 2008

The contraction in Indianapolis-area house sales hasn’t ended, July figures suggest. Sales in Marion County, surrounding counties and Madison County fell to 2,336 units last month from the same month last year, brokerage F.C. Tucker Co. said yesterday. The figures, based on Metropolitan Indianapolis Board of Realtors data, also show that all counties but Boone […]

UPDATE: Colliers parent to be based in St. Louis

August 13, 2008

The new holding company being formed by Colliers Turley Martin Tucker and three other commercial real estate firms will be headquartered in St. Louis, and include all 25 existing Indianapolis shareholders. Colliers Turley Martin Tucker, which is based in St. Louis, announced the deal yesterday along with Colliers Pinkard of Baltimore, Cassidy & Pinkard Colliers […]

AIT expands beyond original expectations

August 13, 2008

AIT Laboratories has added 77 local jobs this year, exceeding the 50 jobs it promised to add by the end of the year. Seventeen are sales jobs outside the Indianapolis area. The job growth brings total AIT employment to 224. The growth is in addition to the 60 jobs added in 2007. In the past […]

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