Attorneys for Conseco Inc. have a new target in their legal assault a g a i n s t f o r m e r C E O S t e p h e n Hilbert. It’s Haverstick Consulting Inc., the Carmelbased company Hilbert now leads. In court papers filed last week in Hamilton County, Conseco attorneys charge that Hilbert and his wife, Tomisue, transferred millions of dollars into Haverstick in recent years but did not receive stock of equal…
Carmel trucking line Hoosier Tradewinds Inc. plans to deliver an unusual product-its own software company. Tradewinds Technologies will offer an intranet portal product trucking firms can use to track everything from delivery status to driver revenue. The company will break ground by the end of next month on an 8,000-squarefoot facility at U.S. 31 and 236th Street. It also will house new corporate offices for Hoosier Tradewinds. The TIRES portal, short for Tradewinds Information Resource, will be marketed partly as…
An upstart Westfield company’s reproduction of the 1966 Ford GT40 Mk1 race car turns heads wherever it goes. Whether it’s on the highway or in a showroom, people can’t help but gaze at the sleek, retro roadster built to emulate the original that dominated the 24 Hours of Le Mans races nearly 40 years ago. It dethroned Italian automaker Ferrari at the 1966 event, finishing first, second and third, and went on to win the race four consecutive times. Executives…
Guidant Corp.’s sale to Johnson & Johnson is valued at an eye-popping $25.4 billion, the largest price tag ever for an India n a p o l i s – b a s e d company. Even so, for shareholders the merger doesn’t create the euphoria often associated with mega-deals. Guidant shares barely moved on the first day of trading after New Jersey-based J&J announced the $76-a-share pact. Analysts say part of that is because investors already had factored expectations…
As rituals go, bidders at wholesale auto auctions have a lot in common with scouts for baseball teams who troll the fields for prospects. These old salts of their trades often can be spotted in baseball caps that cast a shadow over droopy-but-keen eyes. A toothpick twitching in the corner of the mouth belies a mind focused intently on its prospect-whether it’s a pitcher on the diamond or a Pontiac puttering down an auction lane. “You pick up paint damage,…
Michigan-based Forest Health Services LLC launched plans in 2003 to build a two-story inpatient bariatric hospital at Intech Park off 71st Street and then applied a year ago for a license to operate it. The hospital would treat people with severe weight problems. Workers completed most of the construction on the 37,000-squarefoot building last spring, but little has happened since. A letter filed last January with the Indiana State Department of Health said Forest Health anticipated a June or July…
Churches, which tend to ride out recessions better than many other institutions, are struggling to finish building projects, reporter Kathleen McLaughlin writes in this weekend’s IBJ.
The recession and stock market downturn have forced parishioners to scale back commitments, resulting in…
Plenty of stories have been published and aired in recent days about migration patterns in Indiana. People in the early part of the century are moving to the Indianapolis suburbs, particularly Fishers, Noblesville, Greenwood and Carmel, the Indiana University study…
The Carmel Redevelopment Commission recently voted unanimously to accept Keystone Group’s proposal to redevelop an entire city block in Old Town Carmel. The four-story mixed use development will include 150 luxury apartments, high-end shops and restaurants plus a…
