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 […]
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 […]
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…
Local-toy-store veteran Natalie Canull is now operating a bustling store on Massachusetts Avenue that’s narrowly focused on
upscale toys–a niche that keeps her out of the path of mass-market heavyweights like Toys “R” Us and Wal-Mart.
Betsy Knoke’s northeast-side business is the latest addition for Colorado-based 10 til 2, a franchised staffing service that places college-educated individuals in part-time employment. On a grander scale, the landscape-architect-turned-business-owner is among the scores of women and minorities who are finding business opportunities through franchises. A report issued in October by the IFA Educational Foundation found minorities own 20 percent of the nation’s franchises and women 25 percent. The affiliate of the International Franchise Association in Washington, D.C., used U.S….
Conseco Inc. will transfer 120 of its 2,300 Carmel employees to a Minnesota company, under a plan the insurer announced today. The employees, who make up nearly two-thirds of Conseco’s long-term care team, still will work from Conseco’s offices on its Carmel campus. Along with the employees, Conseco will shift administration of 170,000 of its […]
Former Conseco Inc. CEO Steve Hilbert says he isn’t the as-yet-unidentified individual who has reached an agreement to buy the Carmel mansion that he built in the 1990s. “We are not involved whatsoever in the purchase,” Hilbert told IBJ. “I have people on the street every day say, ‘Hey, are you going to buy that […]
An individual who does not yet want to be identified has reached an agreement to buy the Carmel mansion that once belonged to Conseco Inc. co-founder Steve Hilbert. This morning Judy Koehler, managing broker for Carpenter Realtors’ Fishers office, confirmed to IBJ that Carpenter Sales Associate Linda Genrich is representing the buyer in the transaction. […]
Carmel tech entrepreneur Scott Jones is finding himself in the middle of a political debate he didnâ??t ask
for and doesnâ??t want.
The spokeswoman for the Indiana Democratic Party is questioning whether Jones needed the $4 million in grants
that two…
On Veterans Day this year, retired U.S. Air Force Tech Sgt. Robert Flores didn’t attend parades or reminisce with friends. Instead, he worked from open to close at his Little Caesars Pizza store at 11530 Westfield Blvd. “I’ve been here every day since we opened,” Flores said, who debuted the Carmel shop Oct. 31 after receiving assistance from a Little Caesars program created to help veterans become franchise owners. As part of the program, Flores, 45, received a discount of…
The Indianapolis-based parent of the Ritter’s Frozen Custard brand has been stuck in a cold streak lately, facing scores of
new ice-cream competitors and a dwindling lineup of franchisees. But RFC Franchising LLC is planning big changes designed
to firm up the home-grown chain, which now has 48 stores in nine states, down from more than 60 locations in 2005.
For a preview of how Indiana’s 2008 gubernatorial election will play out, look no further than the emerging tussle over entrepreneur
Scott Jones’ $4 million in awards from the state’s 21st Century Research & Technology Fund.
Whimsical Whisk isn’t your neighborhood bakery. Pastry chef Clare Welage never wanted it to be. She started the patisserie in 2004 with plans to differentiate herself from the competition by making desserts from scratch using all-natural ingredients, designing items specifically for the customer and-just as important-going without a storefront. “I’ve always felt that if you open up a storefront and you have a specialty product, something somewhere gets compromised,” Welage said. “Ultimately, it’s the quality of the product or it’s…
J.J.B. Hilliard W.L. Lyons Inc., a unit of Pittsburgh-based PNC Financial Services Group Inc., is being sold to Houchens Industries Inc., a Bowling Green, Ky., holding company that owns businesses in construction, insurance, recycling, warehousing and grocery retailing. Financial terms were not disclosed. Hilliard Lyons is a Louisville, Ky.-based investment firm with 10 offices, including […]
Entertainment is a big part of a $480 million development proposed for the south side of downtown–plans include a 3,400-seat
theater to attract the likes of Bruce Springsteen and first-run tours of Broadway shows such as “Wicked.” The question is
whether the city can support another midsize venue.
Like a lot of people-which is to say, most Indiana residents-I have long greeted going to the license bureau with the enthusiasm customarily reserved for dental surgery. The difference, of course, is that you get drugs for your root canal, but not even a double helping of nitrous oxide could make a fun afternoon out of getting new license plates. Well, hold on to your hats. I had to go to the license bureau twice last month, once for a…
Recent results from an annual survey show health services remains the most popular career choice among Indiana high-school juniors planning to go to college. The questionnaire was administered by Learn More Indiana, an effort to promote college and career planning supported by the Indiana Commission for Higher Education, as well as a few other state agencies. Learn More Indiana has existed for about 20 years, but had been known as the Indiana College Admissions and Placement Center before the arrival…
Selective Insurance Co. of America, a property and casualty insurer headquartered in Branchville, N.J., will open a Midwest regional office at 11711 N. Meridian St. in Carmel. The office will employ 40, Indiana Economic Development Corp. said today. The company received no state incentives. Specializing in commercial, personal, bond and flood coverage, Selective Insurance is […]
Conseco Insurance Group announced yesterday that its president, Michael J. Dubes, has retired and been replaced by Dan R. Bardin. Dubes, age 65, led the unit of Carmel-based Conseco Inc. since June 2005. Bardin most recently was an industry consultant. He also has been chief executive of insurance at Prudential Corp., Asia, and general manager […]
Corporate PowerPoint presentations are becoming so passé. Just as consumers are craving high-definition television sets for their living rooms, corporations and hotels are taking the next step and integrating the technology into their boardrooms and meeting space. Besides videoconferencing in high definition, other high-tech gadgetry now available for both the business and hospitality sectors includes digital signage displaying messages for employees or guests, and digital room scheduling alerting when meeting rooms are in use. While some companies are upgrading to…
