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40 results for 'new-2'

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You-review-it Monday

May 12, 2008

It was a low-key weekend for me, with my only arts stop being a visit to Fountain Square for Primary Colours’ Allotropy event–which I may get to in a later blog.

Okay, I also watched “Lucky You,” the terrible Drew Barrymore/Eric Bana poker romance…

Ex-Cohesant plant to close, idling 55 workers

May 9, 2008

An Indianapolis plant that makes equipment to spray polyurethane on boats, water towers and other objects will close by the end of the year, its new owner says. Fifty-five workers will lose their jobs at the northwest-side GlasCraft plant, which was owned by Indianapolis-based Cohesant Technologies Inc. until the company was acquired in December by […]

Delta Faucet axes workers, again

May 9, 2008

Delta Faucet Co. laid off another 95 workers from its Greensburg plant yesterday, the company’s third round of cuts this year, according to the Greensburg Daily News. The Carmel-based company idled the same number of workers in mid-March. The new cuts will leave about 567 workers employed at the Greensburg facility. The cuts have been […]

Good news on a Friday

May 9, 2008

Manufacturing seems to churn out about as many lay-off headlines as cars these days, but plenty of good
news about the sector is buried in a recent Ball State University study.

Indiana manufacturing workers are accomplishing far more work than peers…

Biotech company buys vacant Terre Haute plant

May 9, 2008

ChemGen Corp., a biotechnology company based in Maryland, has bought a long-empty manufacturing plant in Terre Haute, according to the Terre Haute Economic Development Corp. ChemGen makes a natural feed additive that helps chickens, turkeys and pigs digest food. It expects to hire up to 20 people and begin operating in the plant by the […]

‘Wicked,’ ‘Ave. Q’ &…’Happy Days’?

May 9, 2008

The big news on Broadway in the 2003-2004 season was the Tony-Award battle between mega-musical “Wicked” and where-did-that-come-from upstart “Avenue Q.”

(For an up close and personal look at the development of both shows, check out the documentary “ShowBusiness,” which…

State to help employees buy out companies

May 8, 2008

A program rolled out yesterday by State Treasurer Richard Mourdock aims to encourage more Indiana business owners to sell companies to their employees. The Treasurer’s Office will subsidize banks for loans used in transitions to employee stock ownership plans, or ESOPs. Taxpayers will more than recoup the program’s annual cost of $500,000 a year because […]

Dessert at intermission

May 8, 2008

A while back, I was asked by a charitable foundation if I’d be willing to be part of a silent auction package at a fund-raising dinner. The prize? The highest bidder would join me on one of my reviewing assignments….

State sues Martinsville book publisher

May 8, 2008

Airleaf LLC, a Martinsville book publisher formerly known as Bookman Publishing LLC, has been sued by Indiana Attorney General Steve Carter for allegedly failing to follow through on agreements to publish and promote customers’ books and reimburse royalties. Included in the suit is Airleaf owner Carl Lau. Filed in Morgan Circuit Court, the suit seeks […]

One for the books: Barden/Obama

May 8, 2008

One of Indy’s most notable writers, Dan Barden, earned national acclaim for his book “John Wayne: a novel,” published in 1997 by Random House. He’s also penned essays for such publications as GQ and Details, teaches creative writing at Butler…

Ethanol plant formerly owned by Branson is sold

May 8, 2008

A renewable energy company that is building an ethanol plant in Bluffton has agreed to be sold to an Omaha, Neb., ethanol firm. The acquisition of VBV LLC is valued at $383 million, the buyer, Green Plains Renewable Energy Inc., announced late yesterday. VBV is a Delaware company owned by Ireland-based NTR plc and the […]

Branson bailing out of ethanol?

May 8, 2008

British entrepreneur Richard Branson has unloaded a company thatâ??s building two ethanol plants in the U.S.,
including one near Fort Wayne.

In an interview with Fortune magazine during the peak of ethanol optimism in early 2006, Branson said industry…

Conseco shrinks loss, but disappoints analysts

May 7, 2008

Conseco Inc.’s loss narrowed in its first quarter, but the company still missed the expectations of Wall Street analysts. The Carmel-based insurer reported a loss of $5.8 million for the three months ended March 31, compared with a $10 million setback in the same quarter a year ago. Excluding investment losses, Conseco’s insurance companies posted […]

Conseco settles investigation in five states

May 7, 2008

Conseco, Inc. has agreed to pay as much as $6.3 million in fines and restitution to settle an investigation by insurance regulators in Indiana and four other states into its handling of claims, complaints and marketing of its long-term care policies. The Carmel-based insurance company said today that the settlement affects customers of two subsidiaries: […]

Oil prices run Calumet bottom line into red

May 7, 2008

Calumet Specialty Products Partners LP late yesterday reported a $3.4 million loss in its first quarter after having posted a $28.2 million profit a year earlier. The Indianapolis company, which processes crude oil into lubricating oils, solvents and other products, blamed the result on skyrocketing oil prices. Calumet’s specialty products segment was hit hard because […]

Lab test service to add 125 jobs in Indianapolis

May 7, 2008

DCL Medical Laboratories will add 125 jobs at its Indianapolis offices, the company announced today. DCL, which provides clinical laboratory test services to makers of drugs and medical devices, will invest more than $4.7 million and add more than 20,000 square feet of commercial laboratory space in its expansion. The company now employs more than […]

Go *$%#*&@ Speed Racer!

May 7, 2008

Last night I caught a sneak preview of “Speed Racer,” the would-be summer blockbuster from the makers of “The Matrix.”

This overlong adaptation of the cheesy kids show of yesteryear has a cool color palate, a lead performance from Emile Hirsch…

FinishMaster profit rises, but economy takes toll

May 7, 2008

FinishMaster Inc. posted first-quarter profit of $6.3 million, nearly double the $3.2 million of a year earlier, the Indianapolis company announced late yesterday. FinishMaster attributed the upswing to a settlement from a lawsuit and a one-time prior year charge. Without the two items, profit would have been $3.2 million, down from $4.2 million a year […]

Economy jitters won’t go away

May 7, 2008

Exit polls yesterday showed Hoosiers voted their pocketbooks. Theyâ??re worried about the economy.

That has a familiar ring. Many voters made a similar point four years ago when Gov. Mitch Daniels beat
Gov. Joe Kernan by promising to improve the economy.

Now,…

Brightpoint profit tumbles below expectations

May 6, 2008

Shares of Plainfield-based Brightpoint Inc. increased 3 percent, to $9.76, this morning after sliding nearly 5 percent earlier in the day. The gyrations came after the cell phone distributor announced late yesterday that it earned $7.3 million, or 9 cents per share, in adjusted net income in the first quarter, less than the 12 cents per […]

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