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Clarian might build northwest Indiana hospital

September 20, 2007

Clarian Health Partners is negotiating with Lakeshore Bone & Joint Institute in Chesterton about the possibility of creating a health care campus in northwest Indiana, according to the Post-Tribune of Merrillville. Indianapolis-based Clarian said the campus would include an orthopedic hospital. Lakeshore, which is owned by orthopedic physicians, has locations in Lake, LaPorte and Porter […]

Illinois casino plans threaten Indiana casinos

September 20, 2007

After having survived the recent opening of Four Winds casino in nearby New Buffalo, Mich., northwest Indiana casinos now face another threat-the possibility of Illinois lawmakers allowing three gambling venues to open to help fund the Chicago-area’s mass transit system. If Illinois proceeds, the Indiana casinos, which recently spent heavily on upgrades to fend off […]

Pump maker expanding in Kendallville

September 20, 2007

Flint & Walling Inc. plans to add 25 workers to its current roster of 130 at its headquarters in Kendallville in northeastern Indiana, the Indiana Economic Development Corp. said today. The $5 million expansion includes additional manufacturing and warehouse space. The company, which makes pumps, is owned by Louisville-based Zoeller Co. Flint & Walling has […]

UPDATE: Genesco sends testy letter to Finish Line

September 19, 2007

Genesco Inc. this afternoon sent a letter to Finish Line Inc. saying it must not “continue to stall” and should move forward with completing its $1.5 billion cash buyout of the Tennessee company. The letter comes in the wake of recent moves by Finish Line and its bankers-New York-based UBS Financial Services Inc.- suggesting they’ll […]

Restaurant rumblings: Brazilian

September 19, 2007

At least two more Brazilian steakhouse concepts are looking to open new restaurants in Indianapolis, brokers say. The first to debut locally, Brazilian Grill, opened a few months ago at 86th Street…

BREAKING: Finish Line bankers freeze financing

September 19, 2007

Finish Line Inc. said this afternoon that its bankers have decided not to close on the financing for the company’s $1.5 billion cash purchase of Tennessee-based Genesco Inc. until they gain a better understanding of Genesco’s weakening financial condition. The move by New York-based UBS Financial Services may pressure Genesco to accept a lower price […]

Bridgestone Firestone to move, expand

September 19, 2007

Bridgestone Firestone Diversified Products plans to expand and relocate its corporate headquarters into a new building at 96th Street and Interstate 465. The company has signed a lease for 168,000 square feet in Parkwood West and plans to move from a 90,000-square-foot space in nearby Parkwood Crossing. Both properties are developed and owned by locally […]

Teamsters claim success in Indianapolis blitz

September 19, 2007

The International Brotherhood of Teamsters is trying to enlist local workers in its attempt to wrest representation of United Airlines mechanics from another union. A Teamsters organizer says the union contacted 350 former United mechanics in the Indianapolis area over the weekend to try to persuade them to go along with an effort to abandon […]

Four new truck lanes for Interstate 70?

September 19, 2007

Imagine four new lanes on Interstate 70 built only for trucks. That scenario could emerge from a feasibility study funded yesterday by the U.S. Department of Transportation. A coalition of Indiana, Illinois, Missouri and Ohio received $3 million to recommend ways to speed freight on the interstate. Missouri received an additional $2 million to study […]

Mass Ave building for sale

September 19, 2007

The Massala Building on Massachusetts Avenue has been listed for sale. The 36,000-square-foot building is home to MacNivens Restaurant & Bar and is next door to the site of 3 Mass, a…

Consultant: LaPorte intermodal needs 5,000 acres

September 19, 2007

A Texas consulting firm is telling LaPorte County officials in northwest Indiana that a proposed intermodal facility will require 5,000 acres-nearly twice the space initially anticipated, according to the Post-Tribune of Merrillville. Only about 500 acres would be needed for the actual facility, where goods would be shifted back and forth between railroad cars and […]

Hydraulic startup jumps to Hancock County

September 19, 2007

Flodraulic Group Inc. is moving its headquarters from 3131 N. Franklin Road on the far-east side to the Mount Comfort area of Hancock County a few miles east. The company, founded in 2003, distributes hydraulic, pneumatic and lubrication components. The $2.6 million project will result in Flodraulic adding 11 workers, according to the Indiana Economic […]

Nightclub eyes Union Station

September 18, 2007

The city has reached a preliminary agreement to lease 12,600 square feet in the basement of Union Station for a new restaurant and nightclub. The lease is with The Arantee Group, one…

Regenstrief donates $2.5M to Purdue

September 18, 2007

Purdue University has received another shot of money to find ways to use engineering principles to improve health care. The Regenstrief Foundation has donated $2.45 million to improve cancer care, patient scheduling, and phone- and internet-based health care, Purdue officials announced this morning. The Indianapolis-based foundation, which helped launch Purdue’s Regenstrief Center for Healthcare Engineering […]

IU leaps in Journal rankings, Purdue falls

September 18, 2007

Indiana University climbed to 5th place from 15th a year earlier in this year’s The Wall Street Journal annual ranking of business schools. IU, which was classified among regional institutions, performed better this year than Purdue University, which saw its ranking drop to 12th from 4th. The University of Notre Dame climbed to 14th from […]

Environomental group worries Evansville firm

September 18, 2007

Bernardin Lochmueller & Associates Inc., the Evansville civil engineering firm that’s leading consulting work on the extension of Interstate 69, has warned other consulting firms and local police that the environmental group Earth First is ramping up its opposition to the road project, according to the Evansville Courier & Press. Earth First members raided engineering […]

Beckman Coulter seeks $644,000 in incentives

September 18, 2007

Centrifuge maker Beckman Coulter Inc. expects to add about 120 jobs at a new facility on West 76th Street and has applied for tax abatements worth a total of about $644,000. The Fullerton, Calif.-based company announced in January that it planned to move its Palo Alto facility to Indianapolis to cut costs and improve staff […]

Colby’s House On Market For $1.6M

September 17, 2007

After being forced out of his high-paying job with WellPoint Inc. earlier this year, David C. Colby is now selling his house. Asking price: $1.6 million. The historic home owned by Colby and Angela Doan, who called herself his wife, features six bathrooms, five bedrooms, three fireplaces and a 1.25-acre lot. The brick structure encompasses […]

Cook To Expand Spencer Manufacturing Plant

September 17, 2007

Cook Medical said yesterday it will add 50,000 square feet to its 104,000-square-foot facility in Spencer that manufactures devices for its Urological and Women’s Health divisions. It’s too early to know what the project will cost or how much hiring will result, said Dave McCarty, spokesman for Bloomington-based Cook. The facility now houses about 300 […]

Today’s Finish Line Vote Not Last Word

September 17, 2007

Genesco Inc. shareholders this afternoon approved the company’s $1.5 billion cash sale to locally based Finish Line Inc. But the deal is a long way from being done. Both Finish Line and its bankers recently have said they might attempt to extricate themselves from the deal by claiming that Nashville, Tenn.-based Genesco Inc. has undergone […]

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